GFM Network News


Must Reads

explore

Stories from our other publications

(iStock/Getty Images)

U.S. livestock: CME lean hogs fall on anticipated larger supplies

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hog futures slipped on Thursday as traders look ahead to increased supplies of hogs heading into the fall and producers hedge against the possibility of future price declines, traders said. CME August lean hog futures closed unchanged at 109.475 cents per pound, while benchmark October hogs lost […] Read more

Photo: Canada Beef Inc.

U.S. livestock: CME live cattle firm on scarce supply and firmer cash markets

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Wednesday as cash trade firmed and wholesale beef prices march higher, traders said. “We have some tighter market-ready cattle supplies right now. The outlook is for supplies to tighten further later in the year and into next year,” said Doug Houghton, technical analyst […] Read more


(Kelli Jo/iStock/Getty Images)

U.S. livestock: CME lean hogs firm as market-ready supplies remain soft

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures gained for a second day on Tuesday, supported by lower supplies of market ready hogs as the August futures contract nears expiration. “Until we start seeing better numbers coming forward on packer runs, I think that’s going to elevate things a little bit,” said Matthew […] Read more

Nelson Aquino observes his pig farm after pigs died of African swine fever, as the government announced the slaughter of tens of thousands of pig after detecting outbreaks of African swine fever in pigs farms across the country, in Palmarito, Monte Cristi, Dominican Republic August 1, 2021. Photo: Reuters/Ricardo Rojas

Dominican Republic to kill thousands of pigs over swine fever outbreak

Reading Time: < 1 minute Santo Domingo | Reuters – The Dominican Republic will slaughter tens of thousands of pigs after detecting outbreaks of African swine fever in 11 of the country’s 32 provinces, authorities said on Monday. Fernando Duran, administrator of the state-run Banco Agricola, told a news conference the government will pay pig farmers the market price of each animal […] Read more



“The emergence of ASF in the Dominican Republic underscores the need for continued and strengthened vigilance to prevent the spread of ASF to other regions.” – CFIA.  Photo: iStock/Getty Images Plus

Dominican Republic restricts pig shipments after ASF confirmed

Reading Time: 3 minutes Reuters – The Dominican Republic is restricting pig shipments and mobilizing the military to contain the spread of African swine fever (ASF), the agriculture ministry said July 29, as the United States and Mexico tightened border checks to avoid infections. In an official statement July 29, Canadian Food Inspection Agency (CFIA) also said it was […] Read more


Photo: iStock

U.S. livestock: Lean hogs end mixed as traders eye Dominican hog disease

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hog futures closed mixed on Thursday as pressure from news of a deadly hog disease in the Dominican Republic offset support from strong export sales and firm cash hog prices, traders said. CME August lean hog futures settled up 0.600 cent at 106.300 cents per pound, while […] Read more

Photo: ARS/USDA

African swine fever confirmed in Dominican Republic pigs: USDA

Reading Time: 2 minutes Chicago | Reuters – The U.S. Department of Agriculture confirmed the deadly hog virus African swine fever in samples from pigs in the Dominican Republic, the agency said on Wednesday, fuelling concerns about the disease creeping closer to the United States. The positive tests represent the first detection of the disease in the Americas in about 40 […] Read more


Photo: iStock/Getty Images

U.S. livestock: Profit-taking drags down CME livestock futures

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Tuesday after rising to their highest price in more than three weeks, while feeder cattle pulled back from contract highs on Monday. Lean hog futures also weakened as traders took money off the table after recent gains. Traders said profit-taking hit cattle markets […] Read more