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Hogs

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs continue gains for second day

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Chicago | Reuters — Livestock futures traders continued to hunt for cover on their short positions Thursday, resulting in Chicago Mercantile Exchange cattle futures climbing a second day after prices slid to contract lows earlier this week. The Chicago Mercantile Exchange saw live cattle and feeder cattle futures on Wednesday bounce back strongly from contract […] Read more
(Harrisvaccines.com)
Hogs, Livestock, Reuters

Merck to buy Harrisvaccines to boost livestock portfolio

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Chicago | Reuters — Merck and Co.’s animal health unit will buy privately-held Harrisvaccines to expand its portfolio of animal vaccines as the U.S. livestock industry seeks new defenses against diseases, the companies said on Thursday. Financial details were not disclosed. The deal, which is expected to close by year-end, follows rival Zoetis’ agreement, announced […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs surge on bargain-buying after selloff

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Chicago | Reuters — The Chicago Mercantile Exchange saw live cattle and feeder cattle futures bounce back strongly from contract lows on Wednesday, with prices hitting their daily limits as traders snapped up bargains and investors covering their short positions. Meanwhile, CME lean hog futures also saw a turnaround as traders bet that contract lows, […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle, feeders fall to contract lows on fund selling

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Chicago | Reuters — U.S. live cattle and feeder cattle futures plunged to contract lows on Tuesday while lean hogs also extended recent losses, pulled down by ample supplies of animals for slaughter, and meat in storage. Expectations for lower cattle prices in cash markets also weighed. Live cattle and feeder cattle had declined by […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Technical trading, holiday fears sour hog, cattle futures

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Chicago | Reuters –– The Chicago Mercantile Exchange saw all of its live cattle and all but two feeder cattle futures contracts fall by the daily trading limit on Monday, pressured by technical selling and weakening wholesale beef prices, traders and industry analysts said. Meanwhile, CME lean hog contracts continued their slump on Monday, dropping […] Read more
(Manitoba Co-operator file photo by Laura Rance)
Beef Cattle, Crops, Hogs, Weather

Manitoba extends fertilizing deadline to Saturday

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A warmer-than-usual November has allowed Manitoba’s conservation and water stewardship department to delay its winter fertilizing ban until Saturday (Nov. 14). With soil temperatures not yet at the freezing point, the province announced Monday it would extend its deadline for spreading of phosphorus and/or nitrogen, including synthetic fertilizers and/or manure, to Nov. 14 from Nov. […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lower cash prices again send CME hogs to six-year low

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Chicago | Reuters –– Chicago Mercantile Exchange lean hog contracts drifted to a six-year low for a second straight day on Friday as plentiful seasonal supplies pulled prices for market-ready (cash) hogs lower, traders said. Spot December finished 0.4 cent/lb. lower at 55 cents, and February ended down 0.3 cent at 58.3 cents. Cash hog […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle futures fall third straight session

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures lost ground for a third consecutive session on Thursday, pressured by slack wholesale beef demand and preliminary cash price weakness, traders said. Spot December finished at 134.4 cents/lb., down 2.825 cents, and February 2.75 cents lower at 136.9 (all figures US$). On Thursday, packers in […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle futures slump by 3-cents price limit

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Chicago/Reuters – Chicago Mercantile Exchange live cattle futures settled down by their 3-cents per lb daily price limit on Wednesday, in anticipation of weaker prices for market-ready, or cash cattle, traders said. Spot December and February finished at 137.225 and 139.650 cents per lb, respectively. Live cattle’s trading limit will be expanded to 4.5 cents on […] Read more

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