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Hogs

(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs close firm after USDA report

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Chicago | Reuters — Chicago Mercantile Exchange lean hogs gained modestly on Monday, helped by short-covering and deferred-month buying pegged to Friday’s U.S. Department of Agriculture quarterly hog report, traders said. Last Friday’s report showed active herd expansion during the December-February quarter that slowed as producer profits waned. Nearby hog futures bounced around throughout the […] Read more
(USDA.gov via Flickr)
Hogs, Livestock, Markets, Reuters

USDA hog report confirms active herd growth as PED fears ease

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Reuters — The U.S. hog herd grew seven per cent during the December-February quarter versus the same period last year, a U.S. Department of Agriculture report showed on Friday, reflecting producer profitability and the less-severe porcine epidemic diarrhea (PED) virus, said analysts. Hog farmers willingly expanded their herds after vaccines and tighter biosecurity measures offset […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs bounce with pork price, live cattle sag

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Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished higher on Thursday, driven partly by short-covering following a spike in wholesale pork values, traders said. April closed 1.15 cent per pound higher at 60.975 cents, and May up 1.5 cents at 68.025 cents (all figures US$). The morning’s wholesale pork price jumped $1.51 per […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle pare early losses after beef price hike

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle fell on Wednesday for the first time in seven days as investors took profits, but sharply higher wholesale beef values minimized losses, traders said. April closed down 0.275 cent per pound, to 161.725 cents, and June 0.675 cent lower at 152.375 cents (all figures US$). The […] Read more
Hogs, Livestock, Markets

Olymel to lay off Que. hog plant staff, cancel hog orders

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Quebec pork and poultry packer Olymel has cancelled hog orders from Ontario and plans to lay off non-union staff at one of its hog slaughter plants next week, citing “force majeure” as the plant’s unionized workers walk the picket line. Workers represented by CSN (Confederation des syndicats nationaux) at Olymel’s Vallee-Jonction hog plant in Quebec’s […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle up again on cash prices, USDA report

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished higher for a fifth straight session on Monday, fuelled by last week’s better-than-expected cash prices, traders said. Packers paid $163 to $165 per hundredweight (cwt) for market-ready or cash cattle in the U.S. Plains on Friday, up from $161 to $162.50 the previous week, […] Read more

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