(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs hit one-year high as pork prices extend gains

Chicago | Reuters — U.S. lean hog futures were mostly higher on Wednesday, with the front-month contract rising to the highest levels in a year on support from rising prices for wholesale pork, traders and analysts said. Chicago Mercantile Exchange July lean hogs notched life-of-contract highs for the third straight session as investors continued to […] Read more






(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle, hogs mostly higher on short-covering

Chicago | Reuters — U.S. livestock futures were mostly higher on Friday, with cattle prices stabilizing after Thursday’s multiweek lows and hogs consolidating in the middle of their recent trading ranges. Most-active Chicago Mercantile Exchange August live cattle settled 0.675 cents higher at 118.175 cents/lb. (all figures US$). June live cattle futures finished 0.8 cent […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle tumble limit down

Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby contracts on Wednesday finished down their three cents/lb. daily price limit, hit by fund liquidation and lower preliminary cash prices, said traders. June and August closed limit down at 124.5 cents and 117.875 cents, respectively. Both contracts ended below their respective 40-day moving averages of […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market looks for direction

Western Canadian feeder cattle prices were once again unchanged from week-ago levels. After the major rally in late April and May, the market has basically traded in a sideways range and is looking for direction. Feedlot operators have experienced healthy margins during the first half of 2017 and this will likely continue until September. They […] Read more