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Hogs

Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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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
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures sink two per cent with sagging cash prices

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Chicago | Reuters — Chicago Mercantile Exchange hog futures tumbled two per cent on Monday, pressured by lower prices for market-ready or cash hogs, traders said. The morning’s average of hogs in the eastern Midwest dropped $1.02 per hundredweight (cwt) from Friday to $110.56, according to the U.S. Department of Agriculture (all figures US$). Hog […] Read more
Hogs, Livestock

Sask. sets up pre-emptive PEDv response fund

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Saskatchewan and its hog industry are setting up a contingency fund against the day porcine epidemic diarrhea (PED) arrives in the province. The federal and Saskatchewan governments on Thursday announced $200,000, to be matched by industry association Sask Pork, to offset “costs related to disease containment strategies, welfare issues, enhanced marketing efforts and mortality management” […] Read more
Hogs, Livestock

USDA to require reporting of PEDv, SDCV

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Washington | Reuters –– In an expected move, the U.S. Department of Agriculture on Friday announced new measures to combat the spread of diseases such as porcine epidemic diarrhea (PED) in the U.S. pig population. While PED is not considered a reportable disease according to international standards, USDA will now require reporting of the PED […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hog futures climb, live cattle fall before holiday

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Chicago | Reuters — Chicago Mercantile Exchange hog futures on Thursday finished higher on fund buying and short-covering ahead of the Easter holiday, traders said. CME will be closed on Friday in observance of the Good Friday holiday. Some investors bought the May and June contracts in anticipation of a post-Easter uptrend in cash hog […] Read more
Hogs

Que. flood concerns briefly shut Olymel pork plant

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Quebec meat packing firm Olymel called off shifts Wednesday at its Beauce-region pork slaughter plant due to potential flood threats. Olymel, the meat processing arm of agrifood co-operative Coop Federee, said it decided to cancel Wednesday’s evening and night shifts at its plant at Vallee-Jonction, about 60 km south of Quebec City, due to concerns […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Pork price rebound rallies CME hogs

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Chicago | Reuters — Chicago Mercantile Exchange hog futures on Wednesday settled higher after a choppy day of trading, supported by unexpectedly strong demand for pork at wholesale, traders said. Wednesday morning’s wholesale pork price turned $2.38 per hundredweight (cwt) higher at $124.11, after falling $2.68 the day before, according to U.S. Department of Agriculture […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cash price uncertainty weakens CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle turned lower, pressured by profit-taking and uncertainty regarding this week’s slaughter-ready or cash prices, traders said. Bullish participants see packers paying steady to higher money for cattle to be delivered during the first full slaughter week after the Easter holiday. They also cited possible beef cutout […] Read more

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