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Hogs

(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs post more gains on cash prices

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Chicago | Reuters — Chicago Mercantile Exchange lean hogs posted their sixth straight higher settlement on Wednesday as prices for market-ready (cash) hogs edged upward, traders said. April futures closed 0.75 cent per pound higher at 69.325 cents, and May up 2.85 cents at 81.9 cents (all figures US$). Wednesday morning’s average cash hog price […] Read more
(LePorcDuQuebec.com)
Hogs, Livestock, Markets

Pork packers Olymel, Atrahan plan ‘partnership’

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Meat packer Olymel has a “partnership” pact in hand with a competing Quebec pork player for joint operation of both companies’ hog slaughter and processing businesses. Olymel, the pork and poultry arm of La Coop federee, announced an agreement in principle Wednesday with family-owned packer Atrahan Transformation, to start talks on “pooling our operations in […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs rally on cash prices, port dispute end

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Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished higher on Monday on strong cash prices and the resumption of cargo loading following Friday’s West Coast port labour agreement, traders said. CME hogs drew more support from the dockworker deal because the U.S. exports more pork than beef and poultry. Monday morning’s average market-ready […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle slump before USDA report

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle fell Friday on lower cash prices before the U.S. Department of Agriculture’s monthly Cattle-On-Feed report at 2 p.m. CT, traders said. Analysts expect Friday’s report to show a sizable drop in the number of cattle placed into feedlots last month. This week, market-ready (cash) cattle in […] Read more
(Eggs.ca)
Beef Cattle, Hogs, Livestock, Poultry/Eggs, Reuters

Love to eat eggs? U.S. panel now says they’re not a health risk

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New York | Reuters — Egg and red meat lovers may find reason to rejoice in a decision by a U.S. advisory health panel to remove warnings about dietary cholesterol, saying that there is no link to dangerous levels of blood cholesterol that cause disease. The Dietary Guidelines Advisory Committee until now had recommended that […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Improved fundamentals extend CME hogs’ advances

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Chicago | Reuters –– Chicago Mercantile Exchange lean hogs gained for a second straight session on Thursday, helped by firmer cash and wholesale pork prices, traders said. April futures closed up 2.825 cents per pound at 67.05 cents, and May 2.325 cents higher at 76.725 cents (all figures US$). Thursday morning’s average market-ready (cash) hog […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Strong beef prices lift CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday on short-covering in response to the jump in wholesale beef values, traders said. February closed up 0.575 cent per pound, to 159.175 cents, and April 1.9 cents higher at 152.625 cents (all figures US$). Wednesday afternoon’s choice wholesale beef price rose […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Profit-taking slams CME live cattle, hogs

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply lower on Tuesday on profit-taking following Friday’s rally, traders said. February closed 1.4 cents per pound lower at 158.6 cents, and April down 2.5 cents at 150.725 cents (all figures US$). West Coast port slowdowns and disappointing volumes of cattle sold last week, […] Read more

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