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Hogs

(National Pork Board (U.S.) photo via ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs futures end higher with pork prices

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Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Tuesday in response to the morning’s wholesale pork price bounce, traders said. December and February closed up 0.35 cent per pound at 89.9 cents and 89.45 cents, respectively (all figures US$). Tuesday morning’s wholesale pork price jumped $2.97 per hundredweight (cwt) from Monday […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Weather talk extends CME hog futures advances

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Chicago | Reuters — Chicago Mercantile Exchange lean hogs contracts gained for a third straight session, partly on speculation that early wintry weather seeping into the U.S. Midwest could disrupt hog production, traders said. Heavy snowfall tends to snarl transportation of livestock while prolonged periods of extreme cold tend to slow animal weight gains and […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs finish strong for the week

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday, with December helped by its discount to prices for market-ready or cash cattle, traders said. December closed up 1.45 cents per pound at 166.8 cents, and February 1.825 cents higher at 168.375 cents (all figures US$). On Friday, cash cattle in […] Read more
File photo
Hogs, Livestock

Ontario supports local pork branding program

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The Ontario government has provided Ontario Pork with up to $2 million to encourage more consumers to eat and purchase Ontario pork. In a release, the government said this supports Ontario’s local food strategy helping to make more local food available in the province’s markets, schools, cafeterias, grocery stores and restaurants. It said that since 2003, […] Read more
Beef Cattle, Hogs, Markets

U.S. livestock: CME live cattle futures end lower on weaker cash trade; hogs edge up

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Chicago / Reuters – Chicago Mercantile Exchange live cattle ended lower on Friday, pressured by lower cash cattle prices and weaker overall commodities market, traders said. “The morning beef prices were not good, but commodities in general had a rough day and cattle aren’t immune to those changes,” said Dominic Varricchio, commodities broker at Schwieterman, Inc. CME live cattle futures […] Read more
U.S. livestock: CME live cattle finish down, but off session lows
Beef Cattle, Hogs, Markets

U.S. livestock: CME live cattle finish down, but off session lows

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Chicago / Reuters – Chicago Mercantile Exchange live cattle futures sagged Wednesday on profit-taking and fund selling, but strong wholesale beef values helped pull prices off morning lows, traders said. October closed down 0.200 cent per lb at 169.000 cents, and December was 1.025 cents lower at 166.750 cents. The morning’s choice wholesale beef price, or cutout, climbed $2.49 per hundredweight (cwt) from […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hogs turn higher on short-covering

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Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher Tuesday, supported by short-covering and speculative buying after recent market losses, traders said. December finished 1.15 cents per pound higher at 90.2 cents, and February was up 1.075 cents at 89.3 cents (all figures US$). Fund buying surfaced after the December contract broke through […] Read more

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