U.S. livestock: Fund buying helps CME hogs close mostly higher

Chicago | Reuters — Chicago Mercantile Exchange hogs closed mostly higher on Tuesday, with support from fund buying that helped most contracts beat back early-session losses, traders said. Short-covering contributed to overall CME hog advances. May futures could not overcome their bearish premium to CME’s hog index, at 116.83 cents, and lacklustre demand for market […] Read more


Another off-farm Manitoba site turns up PEDv

Another unnamed “high-traffic” off-farm site in western Manitoba has been found to have the porcine epidemic diarrhea virus (PEDv) present — albeit briefly, the province reported Monday. Manitoba’s office of the Chief Veterinary Officer on Monday did not mention any cases of the virus in hogs that had been at the site. The latest confirmation […] Read more

U.S. livestock: CME feeder cattle hit record high as supplies tight

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures spiked to a record high on Monday, driven by tight supplies of young calves for fattening at feedlots, traders said. Fewer cattle are available now following years of drought in parts of the United States that have forced ranchers to downsize their herds. The U.S. […] Read more


Alta. gathers GF2 funding for PED prevention

The Alberta and federal governments have assembled $1.35 million in funding for the province’s hog sector to further build up biosecurity against diseases such as porcine epidemic diarrhea (PED). The money, budgeted for Alberta Pork from the Growing Forward 2 (GF2) ag policy funding framework, is on top of previously-announced GF2 grants for farmers and […] Read more

(Photo courtesy ARS/USDA)

More Manitoba hogs turn up with PED

Another small group of Manitoba hogs has tested positive off-farm for the porcine epidemic diarrhea virus (PEDv), this time at an unnamed “high-traffic site” in the province’s livestock-intensive southeast. The office of the provincial chief veterinary officer (CVO) reported Friday that the pigs in this case had been transported from another high-traffic site before they […] Read more


U.S. livestock: CME live cattle futures climb before USDA report

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday closed higher, fuelled by their discounts’ to initial cash prices prior to the U.S. Department of Agriculture’s cattle-on-feed report at 2 p.m. CT, traders said. Analysts expect Friday’s report to show the number of cattle placed in feedyards in March increased 0.8 per […] Read more

U.S. livestock: CME feeder cattle hit new high as corn prices slip

Chicago | Reuters — Back-month Chicago Mercantile Exchange feeder cattle futures on Thursday set new contract highs, sparked by weak corn prices that could help ease input costs for feedlots, traders said. Feeder cattle futures drew more support from buying in the neighbouring CME live cattle pit. May feeders gained more ground after breaking through […] Read more


U.S. livestock: Fund buying pushes CME hogs two per cent higher

Chicago | Reuters — Chicago Mercantile Exchange hog futures jumped two per cent on Wednesday, with some months up the three-cent limit, driven by fund buying after contracts punched through moving average levels, traders said. May hogs closed up 2.95 cents per pound at 123.975 (all figures US$). June and July ended up their three-cent […] Read more

U.S. livestock: Solid beef demand drives CME live cattle higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained, supported by short-covering sparked by strong demand for beef at wholesale, traders and analysts said. Tuesday morning’s wholesale choice beef price, or cutout, climbed $2.26 per hundredweight (cwt) from Monday to $231.32 (all figures US$). Select cuts rose $1.23 to $219.30, based […] Read more