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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Short-covering, cash trade support CME cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Thursday supported by short-covering and expectations of at least steady cash trade, traders said. “The packers have tried to buy cattle on their own terms, but the supplies are so tight,” said Lane Broadbent, analyst at KIS Futures. “It appears they may […] Read more
Hogs, Livestock

Alta. declares PEDv a reportable disease

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Mindful of its potentially devastating effect on farrowing operations, and its recent arrival in Canada, Alberta has moved to declare the porcine epidemic diarrhea virus (PEDv) a reportable disease. Dr. Gerald Hauer, the province’s chief veterinarian, announced the change in PEDv’s status effective Jan. 20, citing “the economic harm that it could cause to the […] Read more
Hogs, Livestock

U.S. PEDv cases jump; one more in SW Ont.

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Reuters — Confirmed cases of a deadly pig virus spreading across the U.S. farm belt increased by 265 last week — the biggest weekly increase since it was discovered in the United States in April 2013, according to USDA’s National Animal Health Laboratory Network. Porcine epidemic diarrhea virus (PEDv), which causes diarrhea, vomiting and severe […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle pressured by anticipation of lower cash trade

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended slightly lower on Thursday, pressured by expectations of lower cash trade, and weaker wholesale beef prices, traders said. Beef packers will be reluctant to pay higher prices for cattle in the cash market as wholesale beef prices come off recent highs and their profit […] Read more
Hogs, Livestock, Machinery

PEDv hits more Ont. farrowing barns

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The porcine epidemic diarrhea virus, most often fatal to new young piglets, has appeared so far this week at three more farrow-to-finish operations in southwestern Ontario. Ontario Pork on its website reported two new cases of PEDv at farrow-to-finish barns in Perth and Wellington counties, confirmed Wednesday, along with a case confirmed Tuesday at another […] Read more
Hogs, Markets

PEDv not yet affecting packers, but futures get boost

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CNS Canada –– While Canada’s pork industry tries to prevent the spread of the porcine epidemic diarrhea virus (PEDv) after its recent arrival in Ontario, the discovery hasn’t led to any major near-term changes at slaughterhouses, yet. “I don’t think anything is going to happen in the short-term, meaning that pigs go to the same […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle end lower, hogs firm

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Tuesday, pressured by technical selling and by anticipation of softer cash prices in the near term, traders and analysts said. The CME February live cattle contract fell below the 20-day moving average, triggering some technical selling, a trader said. There was talk of […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle futures drop as beef prices plunge

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Hog futures mostly up on speculative buying Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted modest losses on Friday, but were up from session lows, dragged by retreating wholesale beef prices, traders and analysts said. The afternoon’s wholesale choice beef price, or cutout, was $223.49 per hundredweight (cwt), $7.26 lower than on Thursday, […] Read more

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