Chicago | Reuters — U.S. lean hog futures slid on Monday on technical selling and profit-taking, as the trade began to question whether Chinese demand for U.S. pork will boom after rival supplier Germany confirmed a single case of African swine fever in a wild boar. U.S. pork packer margins eased but still were solid, […] Read more
U.S. livestock: CME lean hogs fall, cattle up on technical trading, profit-taking
Hogs 'stretched out technically last week'
U.S. livestock: Lean hogs climb on bullish pork export prospects
Live cattle continue following hogs higher
Chicago | Reuters — U.S. lean hog futures closed higher on Friday for a second session on expectations of increased export demand for U.S. pork after rival supplier Germany confirmed a case of African swine fever in a wild boar. Chicago Mercantile Exchange (CME) October lean hog futures settled up 2.2 cents at 66.575 cents/lb. […] Read more
U.S. livestock: Hog futures limit up on pork export optimism
CME live cattle follow lean hogs higher
Chicago | Reuters — U.S. lean hog futures closed up their daily limit on Thursday as confirmation of a case of African swine fever in a wild boar in Germany fueled expectations that pork importers would turn to the United States for supplies, traders said. Firming cash hog values and rising wholesale pork prices added […] Read more
U.S. grains: Corn up as hog futures soar
Soybeans down on profit-taking
Chicago | Reuters — U.S. corn futures climbed to their highest in five months on Thursday as news of a swine disease in Germany fueled expectations of increased demand for U.S. pork and feed grains, traders said. Firm cash markets for corn ahead of the start of the U.S. Midwest harvest added support, along with […] Read more
Swine fever found in Germany putting pork exports at risk
Country had been fencing off borders against wild boar
Berlin/Hamburg | Reuters — Germany confirmed on Thursday that African swine fever (ASF) had been found in a dead wild boar near its border with Poland, threatening pork exports to China from Europe’s biggest pork producer, which were worth US$1.2 billion last year. Authorities in the German state of Brandenburg quarantined a 15-km area around […] Read more
Germany reports first suspected case of African swine fever
German producers currently exporting pork to China
Berlin | Reuters — Germany’s ministry of food and agriculture said on Wednesday it had a suspected case of African swine fever (ASF) in a wild boar in the eastern state of Brandenburg. The suspected case concerned a wild boar carcass found near the German-Polish border. A sample of the carcass was being taken for […] Read more
African swine fever spreads near German border
Paris | Reuters — Poland recorded 55 outbreaks of African swine fever in wild boar near the German border last month, the world animal health body said on Thursday, in a sign the deadly virus is spreading near one of the European Union’s biggest pork exporters. A report posted on the World Organization for Animal […] Read more
Shut out of China, Canada finds canola buyers in drought-damaged Europe
Winnipeg/Paris | Reuters — Crop-scorching drought in Europe is providing Canadian canola farmers a timely new opportunity to move supplies that have piled up since China stopped buying this year. Rising European sales are taking some of the sting out of losing the Chinese market for Canadian farmers, although ICE canola futures prices are down […] Read more
Sausage-loving Germans chew over meat tax plan
Berlin | Reuters — German lawmakers on Wednesday proposed raising the sales tax on meat to help protect the climate and improve animal welfare, kindling a debate in a country renowned for its love of sausages. Meat in Germany benefits from a reduced value added tax rate of seven per cent, and the idea is […] Read more
EU says ready to launch U.S. trade talks, but without agriculture
Brussels | Reuters — The European Union is ready to start talks on a trade agreement with the United States and aims to conclude a deal before year-end, European Trade Commissioner Cecilia Malmstrom said on Monday. The EU approved two areas for negotiation, opposed by France with an abstention from Belgium. But agriculture was not […] Read more
Cyber-Savvy Farmer
