China has called on its top hog producers to “take the lead” in cutting output, state-run Shanghai Securities News reported on Thursday, as the country battles a supply glut and sluggish consumer demand in its massive pork sector.
Beijing urges top hog producers to cut output, state media says
U.S. livestock: Cattle, hog futures fall
Chicago cattle and hog futures fell for the second day running ahead of Friday’s cattle on feed report. Most-active December live cattle closed at 232.675 cents a pound, down 2.475 cents. October contracts settled at 231.100 cents a pound, down 2.350 cents. Most-traded October feeder cattle futures closed at 349.125 cents per pound, a loss […] Read more
U.S. livestock: Cattle and hog futures slide
Chicago cattle and hog futures slid on Tuesday as economic data showed signs of slowing U.S. household spending. Most-active December live cattle closed at 235.150 cents a pound, down 1.125 cents. October contracts settled at 233.450 cents per pound, down 1.150 cents. Most-traded October feeder cattle futures settled at 354.300 cents a pound, down 0.200 […] Read more
U.S. livestock: Cattle futures fall on expectations of US agriculture secretary announcement
Chicago | Reuters – Chicago Mercantile Exchange cattle futures fell on investor expectations that U.S. Agriculture Secretary Brooke Rollins might announce a re-opening of the border with Mexico for cattle imports in a speech in Oklahoma on Friday. The U.S. is currently closed to cattle imports from Mexico because of an infestation south of the […] Read more
Quebec pork company calls for transparency around gene-edited pigs
Quebec-based pork company duBreton is calling for transparency around meats from gene-edited pigs on concerns that a lack of mandatory labelling will confuse consumers, and dilute certification claims. The organic sector is also calling for labelling rules.
U.S. livestock: Cattle futures climb higher to end week
Cattle futures on the Chicago Mercantile Exchange were stronger on Friday, finding some support from fresh details on the U.S. Department of Agriculture’s plans to deal with new world screwworm.
JBS sees US cattle cycle improving from late 2027
JBS turns Q2 profit despite challenging operating environment
U.S.-based beef-packers will continue to reel from low cattle availability for about three or four quarters, with gradual improvements of the U.S. cattle herd happening gradually from late 2027, meatpacking giant JBS said on Thursday.
Smithfield Foods raises annual profit forecast as hog business recovers
Smithfield Foods raised its annual operating profit forecast on Tuesday as its hog business rebounded from losses and the biggest U.S. pork processor said it resumed U.S. exports to China that had been crippled by tariffs.
World food prices at two-year high on rising meat and edible oils, FAO says
World food commodity prices rose in July to their highest in over two years, as a jump for vegetable oils and record levels for meat outweighed falling cereal, dairy and sugar prices, the United Nations' Food and Agriculture Organization said.
U.S. livestock: Cattle futures climb as U.S. herd remains small
Chicago | Reuters – Chicago Mercantile Exchange cattle futures turned higher on Friday, as traders anticipated U.S. government reports would show tight cattle supplies. After the market closed, the U.S. Department of Agriculture reported that the nation’s cattle herd was 94.2 million head as of July 1, a record low for that date. In a separate report, USDA […] Read more
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