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Hogs

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle futures slide before USDA report

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Chicago | Reuters — Chicago Mercantile Exchange live cattle ended lower on Friday, on profit-taking ahead of the U.S. Department of Agriculture’s cattle-on-feed report Friday afternoon, traders said. USDA’s report is expected to show the number of cattle placed in feedlots in May declined from a year ago as high-priced calves deterred feedyards from buying […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Strong cash prices rally CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle finished higher on Thursday in response to stronger-than-expected prices for market-ready or cash cattle, traders said. Cash cattle in Texas and Kansas moved at $150 per hundredweight (cwt), up $2 from last week, according to feedlot sources (all figures US$). Investors had anticipated weaker cash returns […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle limit down on profit-taking

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures on Wednesday settled down their three-cent daily price limit on profit-taking, traders said. Lower live cattle future and fund liquidation hastened CME feeder cattle losses, they said. Feeder cattle futures reflect worries about how to make high-priced calves work with current market-ready cattle values and […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lower cash price outlook pulls down CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Tuesday in anticipation of a seasonal bump in supplies that could pressure prices for market-ready or cash cattle, traders said. “It seemed like we delayed some bad news,” said EBOTTrading.com senior analyst John Kleist. Stronger-than-usual beef clearance leading up to Father’s Day […] Read more
(Photo courtesy ARS/USDA)
Hogs, Livestock, Reuters

USDA approves vaccine to help fight PEDv

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Chicago | Reuters — The U.S. Department of Agriculture has approved the first vaccine that can be sold directly to farmers to help fight a virus that has wiped out an estimated 10 per cent of U.S. pigs, USDA said Monday. Preliminary studies of the vaccine developed by Harrisvaccines “have been promising” in controlling porcine […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs fall on profit-taking, technical selling

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Chicago | Reuters –– Chicago Mercantile Exchange (CME) hogs settled sharply lower on Monday pressured by technical-selling and profit-taking, traders said. Front-month July traded through both the 10-day and 20-day moving average. July also traded at a premium to the CME cash index of 114.75 cents per hundredweight (cwt), which also dragged on the market […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Firm beef prices help drive CME live cattle higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Friday, a move fuelled partly by an uptick in wholesale beef prices, traders said. The morning’s wholesale choice beef price, or cutout, rose 64 cents per hundredweight (cwt) from Thursday to $231.53. Select cuts gained 29 cents to $223.89, the U.S. Department of […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Strong cash prices lift CME live cattle

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Chicago | Reuters –– Chicago Mercantile Exchange (CME) live cattle futures closed sharply higher Thursday, pushed up by short-covering in response to higher-than-expected prices for slaughter-ready or cash cattle, traders said. Cash cattle in Texas and Kansas moved at $148 per hundredweight (cwt), up $3 from a week ago, according to feedlot sources (all figures […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Profit-taking halts CME feeder cattle rally

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures closed sharply lower on Wednesday, pressured by profit-taking that ended the market’s run of six straight sessions at new highs. “It doesn’t surprise me that futures would take a breather after going up so fast,” a trader said. Futures were also overpriced based on CME’s […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle touch new highs as supplies tighten

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Chicago | Reuters –– Chicago Mercantile Exchange feeder cattle futures on Tuesday hit a new high for a sixth straight session, driven by a shortage of calves for fattening after several years of drought in the U.S. hurt crops, traders said. However, sufficient grazing pastures now are allowing ranchers to nourish animals to heavier weight […] Read more

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