U.S. livestock: Hog, live cattle futures up on bargain buying

USDA Cattle on Feed data tops expectations

Reading Time: < 1 minute Chicago | Reuters –– Chicago Mercantile Exchange lean hog and live cattle futures rose on Friday on some bargain buying ahead of the weekend. Hog futures snapped a three-session losing streak, the longest for the December contract in five weeks, while live cattle rebounded from its lowest since June 29. CME December lean hogs rose […] Read more

Shutdown urged for Quebec pork plant after COVID-19 death

Union calls on Olymel to close site for at least two weeks

Reading Time: 2 minutes The union for over 1,000 workers at a major Quebec hog slaughter plant is calling on the owner to temporarily close the facility against a COVID-19 outbreak now blamed for the death of an employee. Le Syndicat des travailleurs d’Olymel Vallee-Jonction-CSN said Wednesday the death of a worker earlier this week led it to demand […] Read more

U.S. livestock: Hog futures fall for third day in a row

USDA report expected to show more cattle on feed

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for the third day in a row on Thursday, with traders saying they expected the recent surge of Chinese demand for pork to fade as the world’s top consumer rebuilds its decimated hog herd. “I increasingly see more attention paid to deteriorating long-term export […] Read more

U.S. livestock: Cattle futures mixed

CME lean hog futures ease

Reading Time: < 1 minute Chicago | Reuters — CME live cattle futures eased on Wednesday, retreating back toward seven-week lows hit on Monday after a bargain buying bounce fizzled as plentiful supplies remained the focus of investors. Feeder cattle futures were slightly higher following the front-month contract’s decline to its lowest since July 1 on Tuesday. “The cattle are […] Read more

U.S. livestock: Hogs fall on profit-taking, cattle firm on bargain buying

Concerns for beef demand still drag on cattle futures

Reading Time: < 1 minute Chicago | Reuters — CME livestock futures were mixed on Tuesday, with hog contracts falling on a round of profit taking while cattle contracts firmed on bargain buying. The benchmark December lean hog contract faced pressure after hitting its highest since Sept. 13, 2019, while February live cattle, which had fallen for four days in […] Read more


U.S. livestock: Hog futures mixed, cattle drop

Technical selling pulls cattle futures lower

Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures were mixed on Monday, with the nearby contract rising on strong export demand while deferreds eased on signs that China was making progress in rebuilding its decimated hog herd, traders said. Strength in the cash market supported the front-month December contract, which rose 2.3 per cent and hit […] Read more

U.S. livestock: Lean hog futures retreat from 11-month high

Cattle futures down on beef demand uncertainty

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures ended lower on Friday on profit-taking and disappointment over export demand, after prices climbed to the highest level in 11 months. Strong domestic demand for pork continues to underpin hog futures, analysts said, with the most-active December contract surging 39 per cent on the Chicago Mercantile Exchange […] Read more

U.S. livestock: Lean hog futures climb to more than 10-month high

Live cattle lower on new lockdown concerns for beef demand

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures on Thursday soared to their highest prices in more than 10 months, as meat demand continued to strain processor capacity and COVID-19 cases are rising in the United States, traders said. Thursday’s daily U.S. hog slaughter was 490,000 head — 2,000 fewer than the same period last […] Read more


U.S. livestock: Lean hogs up on lower-than-expected inventory

CME live cattle follow cash cattle lower

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures climbed on Wednesday as traders grappled with mounting confusion on lower-than-expected slaughter rates, traders said. Wednesday’s daily U.S. hog slaughter was 489,000 head — or 2,000 fewer than the same period last year, according to data published by the U.S. Department of Agriculture. For the week to […] Read more

About 70 per cent of Canadian pork is exported, so a border closure due to African swine fever would be a crisis.

Hog producers look for swine fever investment

Arrival of African swine fever would be devastating to the Canadian sector

Reading Time: 2 minutes Glacier FarmMedia – Canada’s hog producers are calling on the federal government to invest $50 million over three years to combat African swine fever. In an open letter released Sept. 11, the chair of the Canadian Pork Council Rick Bergmann spells out the impact an outbreak of the disease would have on the industry. The […] Read more