CME update: lean hog futures gain on lower-than-anticipated inventory 15 Oct 2020 US lean hog futures gained ground on 14 October as traders contended with confusion on lower-than-expected slaughter rates.
J&F Investimentos, parent company of Brazil’s JBS, pleads guilty to US foreign bribery charges 15 Oct 2020 Brazil’s J&F Investimentos plead guilty to US foreign bribery charges and agreed to pay $128.25 million in criminal fines.
CME update: lean hog futures post second day of losses 14 Oct 2020 US lean hog futures sank on 13 October, reflecting a softer cash market.
Women underrepresented in meat industry workforce - new report 13 Oct 2020 New report shows that women make up 36 percent of meat industry work force, 14 percent of board-level director positions and 5 percent of executive roles.
German minister calls for meatpackers to work longer hours after latest COVID-19 outbreak 9 Oct 2020 Germany’s agriculture minister has called for state governments to allow slaughterhouses and meat packing plants to work longer hours to address a backlog of animals that built up on farms during the first wave of the coronavirus.…
CME update: lean hog futures hit their highest point since August 2019 9 Oct 2020 US hog futures rose to their highest in more than a year on 8 October as consumer demand for pork remains steady despite cooler weather.
Pig outlook: lean hog futures bulls power prices to 8-month high 9 Oct 2020 Jim Wyckoff gives his analysis of the global hog market.
New COVID-19 outbreak in Germany shutters meatpacking plant 8 Oct 2020 A German slaughterhouse contending with a coronavirus outbreak has been ordered to close by health authorities.
Backlogs in global meat processing expected to last into 2021 8 Oct 2020 Economic uncertainty has caused great uncertainty in global protein markets
CME update: lean hog futures get boost from cash markets 7 Oct 2020 US hog futures rose to their highest in more than a year on 6 October, rallying to keep pace with gains in the cash market.
German farmers warn that meat packers must work longer hours to accommodate COVID-19 restrictions 5 Oct 2020 German meatpackers and slaughterhouses need to work longer hours to compensate for reduced processing capacity after the coronavirus crisis, a farming association said on Friday 2 October.
CME update: lean hog futures close mixed at start of the month 5 Oct 2020 US lean hog futures closed mixed on 2 October, with the nearby October contract supported by strong demand for pork and firm cash hog markets.
COVID-19 crisis spurs automation at abattoirs 5 Oct 2020 Meat processors are embracing automation as a way to keep production steady after outbreaks of coronavirus at meat plants across the world sickened workers.
US passes amended version of HEROES Act, but is waiting for Presidential approval 4 Oct 2020 After stalling in the senate for four months, the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act will include critical relief for food insecure Americans and struggling businesses.
Major meatpackers refuse to pay worker benefits for COVID-19 infections and deaths 30 Sep 2020 An in-depth analysis from Reuters outlines the experiences of meat plant workers who were infected with the novel coronavirus while on the job and how major meat are denying sickness and death compensation claims.…
Industrial action at Australian port strains agriculture sector 29 Sep 2020 The recovery of Australia's farm sector has been thrown in jeopardy as crucial port reduces capacity as part of ongoing industrial action.
CME update: lean hog futures fall as size of US pig herd becomes clearer 25 Sep 2020 US lean hog futures slipped on 24 September in anticipation of quarterly report from the USDA.
Pig outlook: Lean hog futures market showing resilience as prices still trending up 25 Sep 2020 Read the latest technical trading insights from Jim Wyckoff.
CME update: hog futures rose for a second day ahead of quarterly USDA report 24 Sep 2020 US lean hog futures added for a second straight day in anticipation of the 24 September Hogs and Pigs report from the USDA.
Panjiva research shows surge in US pork exports to China 23 Sep 2020 Panjiva, the research unit of S&P Global Market Intelligence, shows dramatic increase in US pork exports to China, led by Brazil’s JBS and China’s WH Group.
