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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle futures slide to five-month low

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures hit a one-week low on Monday on bigger-than-expected U.S. supplies, while feeder cattle dropped to a five-month low, analysts said. Traders have been expecting cattle supplies to tighten but did not see signs of it in October, said Rich Nelson, chief strategist for agricultural commodities […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures fall; hog futures rise as traders look at cash prices

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell for the second day in a row on Friday, with traders saying that prices were still too high compared to cash market. High prices for corn and wheat that weighed on cattle producers’ profit margins added further pressure. But traders noted the opposite in […] Read more
Photo: Canada Beef
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures fall after three days of gains, hogs firm

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Thursday, snapping three sessions of gains on some profit-taking, traders said. Fresh signs of strength in the cash cattle markets had already been priced in, a trader said, and sharply higher prices for grain raised concerns about increased feeding costs. Hog futures were […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures hit near two-month high as cash markets firm

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Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose for the third day in a row on Wednesday, nearing a two-month high on signs of improving cash markets. Traders also said a stepped-up pace of slaughter in recent days indicated demand for beef remains high. CME lean hog futures closed lower, with the front-month […] Read more
Security wear face masks at the Greeley, Colorado, JBS USA meat packing plant where two staff members had died of COVID-19, April 8, 2020. Photo: REUTERS/Jim Urquhart/File Photo
Reuters

Coronavirus infections at U.S. meat plants far higher than previous estimates, House subcommittee hears

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Cases and deaths from COVID-19 among workers at the leading U.S. meatpacking plants were three times as high as previously estimated, according to a report by the House Select Subcommittee on the Coronavirus Crisis seen by Reuters. The subcommittee surveyed major meatpackers Tyson Foods, JBS USA, Cargill, National Beef , and Smithfield Foods, which together control over 80 percent […] Read more
Photo: Thinkstock
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures extend rally; hog contracts weaken

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Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose to their highest in more than seven weeks on Tuesday, with traders noting follow-through buying after the market rallied on Monday. Concerns about supplies and strength in the cash market underpinned cattle futures. CME December live cattle futures settled up 1.925 cents at 131.45 per […] Read more
A group of wild boars running in Europe, where the pigs have caused challenges with disease spread. (iStock/Getty Images)
Hogs, Livestock

Ontario moves to phase out wild boar farming

Province, feds fund swine fever defense plans

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Hoping to improve its odds against African swine fever ever getting a toehold in Canada’s hog herds, Ontario plans to regulate Eurasian wild boar as an invasive species starting in the new year. To that end, the province is making funding available to farmers who actively breed and raise wild boar to “shift to other […] Read more
Photo: Thinkstock
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle futures rise on support from fewer cattle placements

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Chicago | Reuters – 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. The USDA’s monthly cattle on feed report, released after the market close on Friday, showed September cattle placements at 97% year-over-year, beneath trade estimates […] Read more
CME December 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle falls as cash market idles

Lower cash, pork prices drag on lean hogs

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell, pressured by a stagnant cash market and processing backups, traders said. CME December live cattle futures settled down 1.225 cents at 128.325 cents/lb. January feeder cattle futures eased 2.675 cents to end at 157.325 cents/lb. For the week, live cattle futures lost 2.35 cents, […] Read more

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