Hogs & Production Tips

LIVESTOCK – CME hogs futures fall with sagging cash prices

By GFM Network News July 29, 2014

CHICAGO, July 29 (Reuters) – Chicago Mercantile Exchange hogs on Tuesday finished lower following slumping prices for ample supplies of slaughter-ready animals, traders said. August finished 2.225 cents per lb lower at 121.450 cents, and October down 0.550 to 106.075. The morning’s average price of hogs in Iowa/Minnesota fell $1.23 per cwt from Monday, and […] Read more

Beef Cattle, Cow-Calf, Hogs, Livestock, Reuters

LIVESTOCK: CME hog futures slide on weaker cash, pork prices

By GFM Network News July 24, 2014

Reuters — Chicago Mercantile Exchange hog futures on Thursday finished lower, pulled down by softer cash hog and wholesale pork prices, traders said. August finished 1.375 cents per lb lower at 123.200 cents, and October at 107.900, 2.550 cents lower. The average price of market-ready, or cash, hogs Thursday morning in the eastern Midwest, fell […] Read more

Beef Cattle, Cow-Calf, Finishers, Hogs, Livestock, Poultry/Eggs, Reuters

U.S. court upholds FDA animal feed policy despite health concern

By GFM Network News July 24, 2014

Reuters — A divided federal appeals court on Thursday upheld a U.S. Food and Drug Administration policy allowing the use of various antibiotics in animal feed, even if such use might endanger the public health. Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals in New York said the FDA was empowered […] Read more

Beef Cattle, Cow-Calf, Finishers, Hogs, Livestock, Poultry/Eggs, Sheep/Goats

Panel’s report likely to tie farm antibiotics to human resistance

By GFM Network News July 23, 2014

Reuters — A White House advisory committee is expected to acknowledge the link between antimicrobial resistance in humans and livestock being fed antibiotics when it issues its report in the next few weeks, according to the transcript of a committee meeting held earlier this month. But how much of the public health problem can be […] Read more

Beef Cattle, Cow-Calf, Hogs, Livestock

LIVESTOCK: CME hogs drop 3-cent price limit as funds sell off

By GFM Network News July 23, 2014

Chicago/Reuters — Most Chicago Mercantile Exchange hog futures on Wednesday closed down the 3-cents per lb maximum daily price limit in the wake of fund liquidation, traders said. August ended 3.000 cents per lb lower at 124.575 cents, and October at 110.450, 3.000 cents lower. Packers snug on supplies for the week, and grocers reluctant […] Read more

Beef Cattle, Hogs, Livestock

LIVESTOCK: CME live cattle jump about 2 pct on record beef prices

By GFM Network News July 22, 2014

Reuters — Chicago Mercantile Exchange live cattle futures rose almost 2 per cent on Tuesday, fueled by short-covering in response to record-high beef prices, traders said. Tuesday morning’s wholesale price for choice beef surged $3.07 per hundredweight (cwt) from Monday to an all-time high of $253.59. Select beef climbed $2.10 to a record $246.18, according […] Read more

Beef Cattle, Hogs, Livestock, Reuters

LIVESTOCK: Beef price surge extends CME live cattle advances

By GFM Network News July 21, 2014

Chicago Mercantile Exchange live cattle futures gained for a third straight session, fuelled by sharply higher wholesale beef prices, traders said. August live cattle finished 1.325 cents per lb higher at 152.950 cents, and October 0.925 cent higher at 155.250. Monday morning’s wholesale price for choice beef jumped $2.02 per cwt from Friday to $250.47. […] Read more

Beef Cattle, Cow-Calf, Hogs, Markets, Reuters

Livestock — Strong cash, pork prices lift CME hog futures

By GFM Network News July 14, 2014

Chicago|Reuters — Chicago Mercantile Exchange hog futures on Monday closed higher, supported by strong prices for slaughter-ready, or cash, hogs and wholesale pork values, traders said. Monday morning’s average hog price in the Iowa/Minnesota market rose $2.58 per hundredweight (cwt) from Friday to $133.77, the U.S. Department of Agriculture said. USDA’s data showed the morning’s […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle end higher after wild ride

By GFM Network News July 11, 2014

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday closed higher after volatile action, stirred by short-covering following recent market losses pegged to fund selling and sagging cash prices, traders said. Despite this week’s lower prices for market-ready or cash cattle, futures remained underpriced based on those returns which attracted buyers. August […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cash price drop rattles CME live cattle

By GFM Network News July 10, 2014

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday fell for a fourth straight day, pressured by lower prices for market-ready or cash cattle, traders said. Cash cattle in the U.S. Plains sold at $155 to $156 per hundredweight (cwt), $2 to $3 lower than last week’s record highs, said feedlot sources […] Read more

GFM Network News

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