Meats
China Meat Scandal: Rat Meat Served as Mutton in Shanghai’s Famous Hotpot
China has once again shocked the world with its latest meat scandal
By Athena Yenko | May 06 | IBTimes AU
Morning Hog Market Report 01/10
With a high open interest and plenty of bearish technical signals, the market looks vulnerable to more long liquidation selling from speculators over the near-term. Warm Midwest weather, weak packer margins and a lack of tightness for the pork product market has helped to pressure. February hogs closed sharply lower on the session yesterday and pushed to the lowest level since December 12th.
Jan 10 | CME Group
Morning Cattle Market Report 01/10
A more positive tilt to outside market forces plus more moisture than expected for feedlot regions in west Texas and western Oklahoma are factors which helped to support the February contract overnight. Other contracts were lower. A sharp drop in beef production for 2013 and especially the 2nd and 3rd quarters remains as the foundation for an expected uptrend in cattle ahead.
Jan 10 | CME Group
Morning Hog Market Report 01/04
The market could see some end of the week selling to bring February hogs closer to the cash market, but a jump in pork values may lend support. The surge in the US dollar over the past few days is seen as a negative force. The market closed slightly higher on the session yesterday but well off of the mid-session peak.
Jan 04 | CME Group
Morning Cattle Market Report 01/04
Weak packer margins and a stiff premium of futures to cash may be seen as limiting factors short-term. Traders have seen a fairly bullish tone for cash markets this week and for January as a whole due to rising beef prices and the outlook for tightening supply. The emergence of another 35 tenders for delivery may be seen as a slight negative for the February contract today.
Jan 04 | CME Group
Morning Hog Market Report 12/27
The lower close after the early rally to a new high for the move yesterday could leave the market vulnerable to some short-term weakness. Positioning ahead of Friday's USDA report could keep the trade choppy into Friday's close.
Dec 27 | CME Group
Morning Cattle Market Report 12/27
Talk of strong export news and weather seemed to be enough to support the turn up yesterday and strong close. However, the premium of futures to the cash could be seen as a short-term limiting factor on the upside so it may take a steady flow of positive news to avoid a corrective set-back into next week.
Dec 27 | CME Group
Morning Hog Market Report 12/26
The hog market continues to look past the short-term cash fundamentals to a tightening supply situation into the 1st quarter. A supportive Cold Storage report on Friday and improving packer margins are factors which helped support strong gains on Monday. The market looks set to challenge the November highs.
Dec 26 | CME Group
Morning Cattle Market Report 12/13
The surge in feeder cattle to the highest level since July 11th helped spark a more positive tone for cattle into 2013. February cattle closed slightly lower yesterday with an inside trading session. Talk that the surge Tuesday was a bit overdone; a few more cattle deliveries and a lack of cash direction even after the surge higher this week are factors which discouraged buying.
Dec 13 | CME Group
Morning Hog Market Report 12/13
The market appears to have posted a near-term low with the surge up away from Friday's lows this week. Traders see the lack of a premium for February hogs at this time of the year as a reason to buy, with a declining production outlook into the first quarter.
Dec 13 | CME Group
Brent Slips as Domestic Uncertainty Outweighs Middle Eastern Conflict
The market's focus shifted from supply to demand on Tuesday, and Brent crude oil prices slipped toward $110 as a result.
Dec 04 | Benzinga
Morning Cattle Market Report 11/21
Ideas that cash cattle can trade higher this week led by the firm beef market and pent-up East Coast demand has helped to support the uptrend this week. Cash cattle bids emerged at $122-$123 for the southern plains with offers at $127-$129. Cash traded at $125-$126 last week.
Nov 21 | CME Group
