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Hogs

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

U.S. livestock: CME feeder cattle limit down on profit-taking

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures on Wednesday settled down their three-cent daily price limit on profit-taking, traders said. Lower live cattle future and fund liquidation hastened CME feeder cattle losses, they said. Feeder cattle futures reflect worries about how to make high-priced calves work with current market-ready cattle values and […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lower cash price outlook pulls down CME live cattle

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Tuesday in anticipation of a seasonal bump in supplies that could pressure prices for market-ready or cash cattle, traders said. “It seemed like we delayed some bad news,” said EBOTTrading.com senior analyst John Kleist. Stronger-than-usual beef clearance leading up to Father’s Day […] Read more
(Photo courtesy ARS/USDA)
Hogs, Livestock, Reuters

USDA approves vaccine to help fight PEDv

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Reading Time: 2 minutes Chicago | Reuters — The U.S. Department of Agriculture has approved the first vaccine that can be sold directly to farmers to help fight a virus that has wiped out an estimated 10 per cent of U.S. pigs, USDA said Monday. Preliminary studies of the vaccine developed by Harrisvaccines “have been promising” in controlling porcine […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs fall on profit-taking, technical selling

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange (CME) hogs settled sharply lower on Monday pressured by technical-selling and profit-taking, traders said. Front-month July traded through both the 10-day and 20-day moving average. July also traded at a premium to the CME cash index of 114.75 cents per hundredweight (cwt), which also dragged on the market […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Firm beef prices help drive CME live cattle higher

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Friday, a move fuelled partly by an uptick in wholesale beef prices, traders said. The morning’s wholesale choice beef price, or cutout, rose 64 cents per hundredweight (cwt) from Thursday to $231.53. Select cuts gained 29 cents to $223.89, the U.S. Department of […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange (CME) live cattle futures closed sharply higher Thursday, pushed up by short-covering in response to higher-than-expected prices for slaughter-ready or cash cattle, traders said. Cash cattle in Texas and Kansas moved at $148 per hundredweight (cwt), up $3 from a week ago, according to feedlot sources (all figures […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Profit-taking halts CME feeder cattle rally

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures closed sharply lower on Wednesday, pressured by profit-taking that ended the market’s run of six straight sessions at new highs. “It doesn’t surprise me that futures would take a breather after going up so fast,” a trader said. Futures were also overpriced based on CME’s […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle touch new highs as supplies tighten

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange feeder cattle futures on Tuesday hit a new high for a sixth straight session, driven by a shortage of calves for fattening after several years of drought in the U.S. hurt crops, traders said. However, sufficient grazing pastures now are allowing ranchers to nourish animals to heavier weight […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle end two per cent higher

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle ended sharply higher on Monday, rising two per cent, supported by tight cattle supplies, higher wholesale beef prices and higher cash market prices, traders said. U.S. Department of Agriculture data showed cattle in the cash market traded at $144 per hundredweight (cwt) in Texas last week, […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Hogs, Livestock, Reuters

EU to test imports of live pigs from Canada, U.S. for PEDv

Reading Time: 2 minutes Brussels | Reuters –– European Union member states on Friday agreed that live pig imports from the U.S. and Canada must be tested for a deadly virus that has killed millions of U.S. piglets. The latest measures complement import requirements on pig blood products that may be used for feeding piglets — requirements to which […] Read more

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