(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: CME hogs post more gains on cash prices

Chicago | Reuters — Chicago Mercantile Exchange lean hogs posted their sixth straight higher settlement on Wednesday as prices for market-ready (cash) hogs edged upward, traders said. April futures closed 0.75 cent per pound higher at 69.325 cents, and May up 2.85 cents at 81.9 cents (all figures US$). Wednesday morning’s average cash hog price […] Read more






(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: CME hogs rally on cash prices, port dispute end

Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished higher on Monday on strong cash prices and the resumption of cargo loading following Friday’s West Coast port labour agreement, traders said. CME hogs drew more support from the dockworker deal because the U.S. exports more pork than beef and poultry. Monday morning’s average market-ready […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market stabilizes

Western Canadian feeder cattle prices were relatively unchanged this past week after a surge in buying interest earlier in February. Certain auction markets reported values $2 to $5 higher in Alberta, but other reports from Saskatchewan and Manitoba were actually a bit softer. A smaller group of exotic steers weighing just under 500 pounds sold […] Read more