U.S. livestock: Cattle bounce after this week’s four-month lows

Plentiful hog supplies drag on futures

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed higher on Friday on bargain buying after the benchmark April contract fell to a 4-1/2-month low this week, with traders citing expectations for a seasonal pickup in beef demand, traders said. Benchmark April live cattle futures on the Chicago Mercantile Exchange settled up 1.8 cents at […] Read more

U.S. livestock: Lean hogs edge up on hopes for Chinese demand

April live cattle up on short-covering

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures rose modestly on Thursday on technical buying and hopes China will step up purchases of U.S. agricultural goods including pork as the U.S.-China Phase One trade deal takes effect, brokers said. Benchmark April lean hog futures on the Chicago Mercantile Exchange settled up 0.3 cent at 64.075 […] Read more

North American hog markets wracked by coronavirus

Reading Time: 2 minutes MarketsFarm — Besides shutting down entire cities and killing more than 1,000 people, China’s novel coronavirus outbreak has wreaked havoc on North America’s hog futures. “It’s a dubious relationship, but it is impacting markets,” said Tyler Fulton, risk management director for Hams Marketing Services in Winnipeg. Lean hog futures moved “in concert with drops in […] Read more

U.S. livestock: Cattle sag on weaker cash trade

Coronavirus jitters also rattle cattle markets

Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures fell on Tuesday, with the benchmark April contract touching its lowest since late September on falling cash cattle prices and worries about the impact of the coronavirus outbreak in China, traders said. Cash cattle traded lightly in Kansas and Nebraska at $119-$120 per cwt, traders said, down […] Read more

Coronavirus disrupts China meat imports, food supplies

Swine fever has created pork shortage

Reading Time: 2 minutes Chicago | Reuters — Coronavirus is disrupting meat shipments to China as the country faces a shortage due to an outbreak of a fatal pig disease, Tyson Foods Inc and U.S. agricultural groups said on Thursday. An outbreak of African swine fever, which infects only pigs, has decimated China’s herd, pushing Chinese pork prices to […] Read more


U.S. livestock: Hogs limit up on Tyson comment, short-covering

Cattle futures follow hogs higher

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures surged their daily three-cent limit on Thursday after comments from a Tyson Foods executive about pork demand from China ignited a wave of buying including short-covering, traders said. Tyson is competing with other global companies to supply meat to China, the world’s largest pork consumer, as an […] Read more

European Union access for Canadian red meat remains elusive

EU imports of pork and beef are much higher than Canadian exports to Europew

Reading Time: 4 minutes Glacier FarmMedia – Canada is on pace to run a $150-million trade deficit in red meat with the European Union in 2019. In the first 10 months of 2019, Canada exported more pork and beef to the EU than in 2018. But the Europeans are also selling more red meat to Canada. Why it matters: […] Read more

Chinese meat packing giant locks in JBS supply

Reading Time: < 1 minute The world’s biggest pork packer is poised to source additional beef, poultry and pork from the world’s biggest meat packing firm. Brazil’s JBS announced Monday it has signed a memorandum of understanding with Hong Kong-based WH Group for “supply and distribution of fresh beef, poultry and pork to the Chinese market” starting in the first […] Read more



Rising protein demand expected in 2020

Canada able to serve both plant- and animal-based protein markets

Reading Time: 2 minutes MarketsFarm — Demand for plant- and animal-based proteins alike is likely to increase in the coming year. Since 2017, pea protein demand increased by about 13 per cent, Craig Klemmer, chief agriculture economist at Farm Credit Canada, said at Ag Days in Brandon, Man. Over the same time period, demand for canola protein increased by […] Read more