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February lean hog futures prices are trending down on the daily bar chart. However, improving cash hog market fundamentals could limit the downside in the near term. The latest CME lean hog index is up another 18 cents to $84.16 as of Dec. 17, the fourth gain in the last six days. While the net gain during that span is only 84 cents, the index is showing signs of a potential seasonal bottom. Pork cutout was up $1.58 to $96.35 Wednesday, a fresh for-the-move high. Pork: Net sales of 11,200 MT for 2024 were down 50 percent from the previous week and 52 percent from the prior 4-week average. Increases primarily for Mexico (2,800 MT, including decreases of 300 MT), Japan (2,300 MT, including decreases of 500 MT), Canada (2,100 MT, including decreases of 1,100 MT), South Korea (1,300 MT), and China (900 MT, including decreases of 200 MT), were offset by reductions for Colombia (100 MT) and Hong Kong (100 MT). Net sales of 5,800 MT for 2025 primarily for South Korea (2,100 MT), Colombia (1

The Philippines, through the Department of Agriculture (DA), has imposed a temporary ban on the importation of live cattle and buffalo, as well as their products, from Japan following an outbreak of lumpy skin disease (LSD).

Tight global supply to hit beef, open doors for other proteins | Episode 3 The Australian cattle market is winding up for the 2024 season and soon there will be a break to cattle sales and processing throughput as the industry goes into a brief Christmas hibernation. All articles from our website & app The digital version of This Week's Paper Breaking news alerts direct to your inbox All articles from the other agricultural news sites in your area As slaughter and processing data becomes scarce over the next few weeks we will take the opportunity to look at some interesting developments that will likely impact red meat markets into the new year. In this first instalment of three, we take a look at the tightening global supply picture for beef in 2025 and what that could mean for the Australian red meat sector. Analysis of recent data on beef production and herd numbers from leading beef-exporting countries highlights several critical factors influencing this trend. In 2024, th