(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs end mixed on profit-taking

Chicago | Reuters — U.S. lean hog futures jumped to the highest levels in three months on Wednesday, rising alongside wholesale pork prices before some hog contracts turned lower on profit-taking, traders and analysts said. Chicago Mercantile Exchange cattle futures were mostly higher, buoyed by expectations that U.S. consumers will buy more meat for outdoor […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs hit three-month high

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Tuesday reached their highest level since mid-February, fueled by strong cash and wholesale pork prices, traders said. June futures led gainers after investors bought that contract and sold deferred months, prompted by bullish market fundamentals, traders said. June closed 1.475 cents/lb. higher at 78.725 […] Read more



meat display in store

Tough times in the meat case

Prime Cuts from the August 2015 issue of Canadian Cattlemen

May and June are the two best months of the year for retail beef sales in the U.S. But high prices and consumers’ reluctance to spend more on beef put a damper on sales this year. The week leading up to the Memorial Day holiday has the second-largest sales in volume and value while the […] Read more