Insights and Stories on Pork

U.S. livestock: Lean hogs lower on China trade worries

Jun. 1, 2020 at 7:24 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell Monday on worries that deteriorating relations between the United States and China, the world’s biggest pork importer, could inhibit U.S. pork sales to the Asian nation, traders said. China told state-owned firms to halt purchases of soybeans and […]

China buys U.S. soybeans after halt to U.S. purchases reportedly ordered

Jun. 1, 2020 at 3:40 pm CDT

By Hallie Gu Karl Plume Keith Zhai

Olymel pork plant workers take slaughter into OT

Jun. 1, 2020 at 5:43 am CDT

By Dave Bedard

U.S. livestock: Cattle futures end lower ahead of weekend

May. 29, 2020 at 7:50 pm CDT

By Karl Plume

HyLife buys pork packing, hog production capacity

May. 29, 2020 at 2:32 pm CDT

By Dave Bedard

Tyson to shut Iowa pork plant against COVID-19 outbreak

May. 29, 2020 at 3:55 am CDT

Chicago | Reuters — Tyson Foods said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country’s food supply. Meat processors such as Tyson, WH Group’s Smithfield Foods and […]

By Tom Polansek

U.S. livestock: Cattle rise on economic optimism, discount to cash prices

May. 27, 2020 at 7:19 pm CDT

Chicago | Reuters — U.S. cattle futures rallied for a second straight day on Wednesday as easing coronavirus restrictions around the country bolstered optimism about the outlook for the economy and beef demand. U.S. stocks rose, with the S+P 500 closing above 3,000 for the first time since March 5, […]

By Karl Plume

Legalization lifts Canada’s net farm income in 2019

May. 26, 2020 at 8:46 pm CDT

A significant year-over-year increase Canada booked last year in realized net farm income rests mainly on 2019’s status as the country’s first full year in the recreational cannabis market. Statistics Canada on Tuesday released full-year data on farm income, pegging Canada’s realized net farm income for 2019 at $4.9 billion […]

By Dave Bedard

U.S. livestock: Cattle, hog futures follow equities higher

May. 26, 2020 at 5:13 pm CDT

Chicago | Reuters — U.S. cattle and hog futures rallied on Tuesday in tandem with rising stock markets as optimism about developing coronavirus vaccines and the revival of business activity buoyed livestock markets battered by the coronavirus pandemic. Supportive cattle and meat supply data from the U.S. Department of Agriculture […]

By Karl Plume

U.S. livestock: Live and feeder cattle futures slip

May. 22, 2020 at 7:45 pm CDT

Chicago | Reuters — U.S. live and feeder cattle futures closed lower on Friday after disappointing cold storage data the previous day and ahead of the U.S. Department of Agriculture’s cattle on feed report in the afternoon. Lean hog futures also dropped, as backups continue at slaughter facilities, traders said. […]

By Christopher Walljasper