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Hogs

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle gain ahead of USDA report

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Chicago | Reuters — Chicago Mercantile Exchange live cattle gained modestly on Friday as investors tweaked positions before the U.S. Department of Agriculture’s cattle-on-feed report at 2 p.m. CT, traders said. Analysts expect the data to show cattle placements last month declined from April 2013 after several years of drought in parts of the U.S. […] Read more
(PorkBeInspired.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hog futures drop on cash price unease

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Chicago | Reuters — Chicago Mercantile Exchange hogs closed lower on Thursday, pressured by uneasiness about cash hog price direction amid ample supplies and slim packer margins, traders said. On Thursday, packers processed 413,000 hogs, 17,000 more than last week and up 8,000 from a year ago, the U.S. Department of Agriculture said. Pork packer […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hog futures close higher but off session tops

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Chicago | Reuters — Chicago Mercantile Exchange hog futures closed higher Wednesday in anticipation of tighter supplies linked to the porcine epidemic diarrhea virus (PEDv), traders said. May hogs, which expired at noon CT, settled unchanged at 112.4 cents per pound (all figures US$). June ended 0.975 cent higher at 120.575, and July up 1.5 […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cash price bounce sends CME hogs mostly higher

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Chicago | Reuters — Most Chicago Mercantile Exchange hog futures gained on Tuesday, driven by short-covering in response to higher prices for slaughter-ready or cash hogs, traders said. Aside from the CME May hog contract, which will expire on Wednesday, remaining months gained as packers spent more for supplies to accommodate the rest of this […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hog futures end mixed as cash prices move lower

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Chicago | Reuters –– Chicago Mercantile Exchange hog futures closed mixed on Monday after market-ready or cash hog prices pressured nearby contracts, but the “roll” by funds supported back months, traders said. Monday afternoon’s hog price in the Iowa/Minnesota market dropped $2.42 per hundredweight (cwt) from Friday to $108.35, the U.S. Department of Agriculture said […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cheaper corn pushes CME feeder cattle to record high

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Chicago | Reuters –– Chicago Mercantile Exchange feeder cattle futures on Friday hit a record high, boosted as corn prices fell after the government’s bearish crop report, traders said. U.S. corn futures fell more than one per cent after the U.S. Department of Agriculture’s forecast for rising global supplies. Cheaper feed could ease input costs […] Read more
(Photo courtesy ARS/USDA)
Hogs, Livestock

PEDv found in hogs on second SE Manitoba farm

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A finisher operation in Manitoba’s livestock-intensive southeast has been confirmed as the second farm in the province to host hogs with porcine epidemic diarrhea (PED). According to the office of Manitoba’s provincial chief veterinary officer (CVO), the new case was identified while the CVO was investigating a PED-positive sample from an unnamed “high-traffic site.” The […] Read more
Hogs, Livestock, Markets

Higher bacon prices still to come, analyst says

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CNS Canada — Rising pork prices and shrinking bacon packages have made headlines across Canada recently — but consumers should prepare to spend even more for bacon over the next few months, as processors between the farmer and the grocery store are still seen to be losing money. Western Canadian hog producers are currently experiencing […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs end mixed as funds roll into new months

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Chicago | Reuters –– Chicago Mercantile Exchange hog futures closed mixed on Thursday as funds sold, or rolled, the June contract and bought deferred months, traders said. Funds trading in CME’s hogs and live cattle markets shifted June long positions further back in a procedure known as the “roll” by followers of the Standard + […] Read more

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