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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle hit record high as supplies tight

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures spiked to a record high on Monday, driven by tight supplies of young calves for fattening at feedlots, traders said. Fewer cattle are available now following years of drought in parts of the United States that have forced ranchers to downsize their herds. The U.S. […] Read more
Hogs, Livestock

Alta. gathers GF2 funding for PED prevention

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The Alberta and federal governments have assembled $1.35 million in funding for the province’s hog sector to further build up biosecurity against diseases such as porcine epidemic diarrhea (PED). The money, budgeted for Alberta Pork from the Growing Forward 2 (GF2) ag policy funding framework, is on top of previously-announced GF2 grants for farmers and […] Read more
(Photo courtesy ARS/USDA)
Hogs, Livestock

More Manitoba hogs turn up with PED

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Another small group of Manitoba hogs has tested positive off-farm for the porcine epidemic diarrhea virus (PEDv), this time at an unnamed “high-traffic site” in the province’s livestock-intensive southeast. The office of the provincial chief veterinary officer (CVO) reported Friday that the pigs in this case had been transported from another high-traffic site before they […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday closed higher, fuelled by their discounts’ to initial cash prices prior to the U.S. Department of Agriculture’s cattle-on-feed report at 2 p.m. CT, traders said. Analysts expect Friday’s report to show the number of cattle placed in feedyards in March increased 0.8 per […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle hit new high as corn prices slip

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Chicago | Reuters — Back-month Chicago Mercantile Exchange feeder cattle futures on Thursday set new contract highs, sparked by weak corn prices that could help ease input costs for feedlots, traders said. Feeder cattle futures drew more support from buying in the neighbouring CME live cattle pit. May feeders gained more ground after breaking through […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Fund buying pushes CME hogs two per cent higher

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Chicago | Reuters — Chicago Mercantile Exchange hog futures jumped two per cent on Wednesday, with some months up the three-cent limit, driven by fund buying after contracts punched through moving average levels, traders said. May hogs closed up 2.95 cents per pound at 123.975 (all figures US$). June and July ended up their three-cent […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Solid beef demand drives CME live cattle higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained, supported by short-covering sparked by strong demand for beef at wholesale, traders and analysts said. Tuesday morning’s wholesale choice beef price, or cutout, climbed $2.26 per hundredweight (cwt) from Monday to $231.32 (all figures US$). Select cuts rose $1.23 to $219.30, based […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures sink two per cent with sagging cash prices

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Chicago | Reuters — Chicago Mercantile Exchange hog futures tumbled two per cent on Monday, pressured by lower prices for market-ready or cash hogs, traders said. The morning’s average of hogs in the eastern Midwest dropped $1.02 per hundredweight (cwt) from Friday to $110.56, according to the U.S. Department of Agriculture (all figures US$). Hog […] Read more
Hogs, Livestock

Sask. sets up pre-emptive PEDv response fund

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Saskatchewan and its hog industry are setting up a contingency fund against the day porcine epidemic diarrhea (PED) arrives in the province. The federal and Saskatchewan governments on Thursday announced $200,000, to be matched by industry association Sask Pork, to offset “costs related to disease containment strategies, welfare issues, enhanced marketing efforts and mortality management” […] Read more

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