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Chicago Mercantile Exchange cattle futures rose on Monday, as the market continued to be bolstered by a government report showing fewer cattle placements than expected, traders said.
China's meat imports in September fell sharply from a year ago to their lowest in 19 months, customs data showed on Wednesday, as cheap domestic pork cut demand for overseas supply.
Two sisters running a pig farm in northeast England have a message for Prime Minister Boris Johnson: lift strict immigration rules for butchers or risk seeing the pork sector collapse under the weight of overly fattened animals.
When he was a child in Avila province, Albert Pascual's father bought 100 pigs, but the company he now leads has more than 9,000 - part of a major expansion that has put Spain on track to take over as the European Union's top pork producer this year.
Chicago Mercantile Exchange (CME) lean hog futures were mostly higher on Thursday on elevated pork prices and strong demand, although profit-taking clipped some of the gains, traders said.