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

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



U.S. cattle deaths linked to Zilmax far exceed maker’s reports, study finds

Reuters — The number of U.S. cattle deaths that may be linked to the Merck and Co. feed additive Zilmax are much higher than the figures reported by the drug company to the federal government, according to a research study published Wednesday. The findings by researchers from Texas Tech University and Kansas State University show […] Read more







Activist fund lines up rival buyers for pork giant Smithfield

Activist hedge fund Starboard Value LP said it is working with investors interested in paying “substantially” more for Smithfield Foods than the price China’s Shuanghui International Holdings had agreed to. Starboard, a New York-based fund that holds a 5.7 per cent stake in Smithfield, said in a letter to the company’s shareholders on Tuesday that […] Read more



Merck rolls out new training program for Zilmax customers

As questions about the health effects of Merck’s Zilmax feed additive intensified in North America’s beef industry, the pharmaceuticals giant on Tuesday unveiled a program to retrain and certify beef producers in administering the weight-adding drug to cattle. The news comes a week after Tyson Foods declared it would stop accepting beef from Zilmax-fed cattle […] Read more