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  • 28
    Jun

    Cattle futures turn lower on profit taking – CME

    Hog futures turn lower ahead of USDA hog-pig report Chicago Mercantile Exchange (CME) lean hog futures turned lower on Thursday, ahead of a quarterly government report that many traders had predicted would show that US farmers had a slightly larger hog herd, Reuters reported, citing traders. Hog futures pared Wednesday’s gains...

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  • 25
    Jun

    Live cattle mixed ahead of surprising USDA report – CME

    August hogs close higher Chicago Mercantile Exchange (CME) feeder cattle futures turned lower and live cattle were mixed on Friday, as traders squared positions ahead of a closely-watched monthly feedlot report and anticipated smaller cattle placements, Reuters reported, citing traders. But after markets closed, the US Department of Agriculture reported...

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  • 25
    Jun

    From Black Sea to US Midwest, extreme weather threatens crop output

    Hot, dry weather forecast for Russia, Ukraine in coming months Forecast dryness in the Black Sea region’s breadbasket is likely to stunt sunflower and corn yields, while heavy rain in the US after near-record temperatures threatens to take a toll on crops, squeezing world supplies and pushing prices higher, reported...

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  • 25
    Jun

    Bluetongue risk of transmission in high-risk UK counties

    The activity of biting midges that spread the virus has increased With recent warming weather, and average daily temperatures being consistently above 12°C, bluetongue virus (BTV) transmission is now possible in high-risk counties, according to a press release from the Ruminant Health & Welfare group. Chris Sanders, Research Fellow in Veterinary...

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  • 18
    Jun

    China Bans Meat Exports from U.S. West Coast Facility

    China has banned meat exports from a West Coast cold storage facility near the Port of Oakland after traces of the feed additive ractopamine were found in beef shipments. The Food Safety and Inspection Service said that Chinese customs workers detected the feed additive that’s banned by more than 150 countries....

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  • 18
    Jun

    Rival pork exporters could benefit from China-EU trade tensions

    SINGAPORE, June 17 (Reuters) – Pork suppliers from South America and the U.S. could gain market share in China if Beijing restricts imports from the European Union in response to escalating trade tensions, traders and analysts said. Russia, increasingly a close trading partner of China that started exporting pork to China...

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  • 18
    Jun

    EU pork industry faces ‘nightmare’ if China restricts imports

    HAMBURG/LLEIDA, June 14 (Reuters) – Europe’s pork industry faces a “nightmare scenario” of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. Chinese firms have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media reported...

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  • 14
    Jun

    Live cattle futures strengthen – CME

    Lean hog futures retreat Chicago Mercantile Exchange (CME) lean hog futures backpedaled on Thursday from a one-week high reached during the previous session, while live cattle futures strengthened, reported Reuters.  Hog futures eased after wholesale US pork prices pulled back from a jump on Tuesday.  The US Department of...

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  • 14
    Jun

    South Korea opens market to French and Irish beef

    The last remaining restrictions on EU beef exports lifted South Korea has lifted trade barriers on French and Irish beef, the country’s last remaining restrictions on European Union beef exports, Reuters reported, citing the European Commission on Thursday. This move marks a significant development in the European beef industry, providing access...

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  • 14
    Jun

    China’s Li signals demand for New Zealand dairy and meat

    China to conduct anti-dumping probe into EU pork imports There is a growing demand in China for high-quality dairy, beef and lamb products from New Zealand, Reuters reported, citing Premier Li Qiang on Friday, the second day of his trip to the Pacific island nation. Li’s trip to the region, which...

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