Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, following the trend in most North American futures and stock markets. The downturn came after United States President Donald Trump announced his wide-ranging reciprocal tariffs on Wednesday. Meanwhile, the U.S. Department of Agriculture issued its export sales report for the week […] Read more
Tag Archives Pork — page 2
U.S. livestock: Tariffs pull down beef, pork
Export sales, monthly census reports issued
U.S. livestock: Cattle futures mixed Tuesday
Cattle futures on the Chicago Mercantile Exchange were mixed on Tuesday, seeing continued strength in the front months at the close while edging lower in the more deferred contracts.
Trump administration aims to make faster meat processing permanent
Agency plans rulemaking to formalize speed increases
Chicago/Washington | Reuters – The Trump administration said on Mar. 17 that it plans to permanently allow U.S. poultry and pork processing plants to operate more quickly, raising concerns among advocacy groups about worker health and food safety. The U.S. Department of Agriculture decision is a victory for meat companies and industry associations such as the National Chicken […] Read more
New Chinese tariffs “devastating” to Canadian ag sector
Ag groups decry latest trade action
A new trade war front opened over the weekend as China announced stiff tariffs on Canadian canola oil, meal, peas, pork and other commodities late Friday. Canadian industry groups decried the move and are calling on the federal government to intervene.
U.S. livestock: Cattle mixed, hogs higher
Strong export sales for cattle, hogs
Live and fed cattle futures on the Chicago Mercantile Exchange dropped back on Thursday, despite strong export sales. The United States Department of Agriculture reported export sales of 24,907 tonnes for the week ended Jan. 30. That’s up 23.5 per cent from the previous week and the most since August. The April live cattle contract […] Read more
Tyson lifts 2025 sales forecast, prepares for tariff impacts
Strong demand for beef and chicken
U.S. meatpacker Tyson Foods raised its annual sales forecast on Monday as strong demand for beef and chicken helped it exceed first-quarter results estimates, lifting shares three per cent.
U.S. livestock: Cattle rally continues
Live cattle futures on the Chicago Mercantile Exchange hit fresh contract highs once again on Tuesday, with expectations for declining U.S. inventories behind some of the buying interest.
China 2024 pork output falls for first time in four years
China's pork production in 2024 fell for the first time after rising for three years straight, official data showed on Friday, as livestock companies reduced slaughter rates due to ample hog supply and weak meat demand.
U.S. Livestock: Falling temps boost cattle futures
Live cattle futures on the Chicago Mercantile Exchange were stronger Monday, hitting fresh contract highs in many months as forecasts calling for cold temperatures across United States ranching areas raised concerns over reduced weight gains for grazing cattle.
Smithfield Foods first to publicly file in 2025 for big US IPO
Smithfield Foods on Monday made public its paperwork for an initial public offering in the United States, as the maker of Farmland bacon and Farmer John sausages prepares for its U.S. stock market return after more than a decade.
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