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Hogs

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Fund buying rallies CME hog futures

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Chicago | Reuters — Chicago Mercantile Exchange hog futures closed higher on Wednesday, supported by short-covering and fund buying, traders said. Speculation about tight supplies ahead pegged to the porcine epidemic diarrhea virus (PEDv) provided further support to futures that ignored Wednesday’s drop in market-ready hog and wholesale pork prices. The morning’s average hog price […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Profit-taking undercuts CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished lower on Tuesday, pressured by profit-taking in anticipation of steady-to-lower prices for market-ready or cash cattle this week, traders said. Plant closures during the U.S. Memorial Day holiday will lessen their need for supplies, they said. Processors curbed slaughters to avoid spending more for […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Tight supply outlook rallies CME feeder cattle to new high

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures on Monday clocked a new high for a fourth straight session, partly driven by expectations for tighter numbers of calves ahead, traders said. Feedlots are spending more for calves, or feeder cattle, made scarce after several years of drought in the U.S. sent the herd […] Read more
Hogs, Livestock

B.C. plans for PEDv prevention

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The federal and British Columbia governments are putting up funding for the province’s pork sector to fend off porcine epidemic diarrhea (PED) before it arrives there. The two levels of government on Thursday pledged $613,050 from the Growing Forward 2 (GF2) ag policy funding framework for “increased surveillance and preventative measures” to keep livestock diseases […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle gain ahead of USDA report

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Chicago | Reuters — Chicago Mercantile Exchange live cattle gained modestly on Friday as investors tweaked positions before the U.S. Department of Agriculture’s cattle-on-feed report at 2 p.m. CT, traders said. Analysts expect the data to show cattle placements last month declined from April 2013 after several years of drought in parts of the U.S. […] Read more
(PorkBeInspired.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hog futures drop on cash price unease

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Chicago | Reuters — Chicago Mercantile Exchange hogs closed lower on Thursday, pressured by uneasiness about cash hog price direction amid ample supplies and slim packer margins, traders said. On Thursday, packers processed 413,000 hogs, 17,000 more than last week and up 8,000 from a year ago, the U.S. Department of Agriculture said. Pork packer […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hog futures close higher but off session tops

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Chicago | Reuters — Chicago Mercantile Exchange hog futures closed higher Wednesday in anticipation of tighter supplies linked to the porcine epidemic diarrhea virus (PEDv), traders said. May hogs, which expired at noon CT, settled unchanged at 112.4 cents per pound (all figures US$). June ended 0.975 cent higher at 120.575, and July up 1.5 […] Read more

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