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Hogs

Beef Cattle, Hogs, Livestock, Markets

Livestock price insurance plan now taking applications

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With applications now available, Western Canada’s cattle and hog producers are being encouraged to consider the new federal/provincial livestock price insurance plan as a risk management tool against unexpected price drops. The Western Livestock Price Insurance Program (WLPIP), announced in January, is an insurance policy product offering protection against an unexpected drop in prices of […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs tumble on slowing pork demand, weak cash market

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Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures tumbled Tuesday on slowing demand for pork, in a session disrupted by technical problems that halted trading on the exchange’s Globex electronic platform near the close. Before Globex was restored nearly an hour later, brokers were forced to execute orders in the exchange’s open-outcry trading […] Read more
A full court of U.S. Court of Appeal judges will rehear a July 2013 request from North American meat and livestock groups for a preliminary injunction against the U.S. government’s mandatory COOL rule. (Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets

U.S. appeal court to reconsider whether to block COOL

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A U.S. appeals court which last month rejected North American meat and livestock industry groups’ plea to halt U.S. mandatory country-of-origin labelling (COOL) on meat has scrapped its own ruling and will re-hear the groups’ case in May. The U.S. Court of Appeals for the District of Columbia circuit announced Friday it has vacated the […] Read more
Hogs, Livestock, Markets

Toronto pork packer in creditor protection

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Ontario’s hog farmers are still processing news that a mainstay of the Toronto meat packing industry is in creditor protection. Quality Meat Packers and its Toronto Abattoirs arm have been granted 30 days’ creditor protection Thursday to “evaluate restructuring alternatives,” Ontario Pork reported Friday morning. Ontario Pork, which represents the province’s 1,500-plus hog producers, said […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Supply issues send CME hogs plummeting, cattle soaring

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Chicago | Reuters — Capping yet another day of volatile livestock trading, Chicago Mercantile Exchange hogs closed down Thursday, recovering somewhat after prices went limit-down midday in response to ongoing uncertainty over the impact of a deadly swine virus on the nation’s hog herd. In contrast, fears over tight beef and cattle supplies in the […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Fund liquidation erases CME hogs’ new high

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Chicago | Reuters — Chicago Mercantile Exchange hogs on Wednesday slumped on profit-taking and fund liquidation that pulled futures down from a high set earlier in the session, traders said. Fund selling and sell stops developed after the June contract fell below the 20-day moving average of 127.209 cents (all figures US$). April hogs closed […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs hit new high, led by discount to cash prices

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Chicago | Reuters — Chicago Mercantile Exchange hogs on Tuesday set a new high after recovering some of Monday’s hefty losses, helped by short-covering and futures’ discount to prices for market-ready or cash hogs. CME’s hog index, a two-day barometer reflecting cash prices, was at a record-high 129.87 cents, which surpassed the previous high of […] Read more

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