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

U.S. livestock: Cash price expectations lift CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained modestly on Friday while anticipating strong prices for market-ready or cash cattle this week, traders said. December closed 0.55 cents per pound higher at 170.2 cents, and February at 171.275 cents up 0.25 cents (all figures US$). Processors are buying cattle for next week, […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle rise on cash price outlook

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher Thursday in anticipation of steady or better prices for slaughter-ready or cash cattle this week, traders said. December closed 2.175 cents per pound higher at 169.925 cents, and February at 171.025 cents/lb. up 1.45 cents (all figures US$). Packers may have to compete […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Beef quotes boost CME live cattle futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday following a snapback in wholesale beef prices, traders said. December closed up 0.5 cent per pound at 167.75 cents, and February 1.175 cents higher at 169.575 cents (all figures US$). The morning’s choice wholesale beef price rose $1.70 per hundredweight (cwt) […] Read more
(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

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