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Hogs

(USDA.gov via Flickr)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle limit down after bearish USDA surprise

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle and feeder cattle futures tumbled by their respective daily price limits on Monday, declining two per cent or more in a selloff triggered by bearish U.S. Department of Agriculture data released after Friday’s session. Cattle gapped lower on their price charts at the opening of trading, before locking […] Read more
(AWGuarantee.ca)
Hogs, Livestock

A+W books further sales growth, shifts bacon sourcing

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Reading Time: 2 minutes Canadian burger and root beer chain A+W has logged a 12th straight quarter of same-store sales growth, this time following a shift in pork sourcing for its bacon supply. The Vancouver-based income fund on Tuesday reported gross sales of $243.8 million among the 838 restaurants in its royalty pool for its first quarter ending March […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Hogs, Livestock, Markets, Reuters

Beijing to release frozen pork to temper price rise

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Reading Time: < 1 minute Beijing | Reuters –– Beijing will release 3.05 million kilograms of frozen pork from its reserves over the next two months to combat rising pork prices, the city government said on Wednesday. Starting from Thursday and lasting until July 4, the Beijing municipal government will sell 50,000 kg of pork each day to 121 supermarket chains […] Read more
(Dave Bedard photo)
Hogs, Livestock, Reuters

Maple Leaf dishes up first-quarter profit

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Reading Time: < 1 minute Reuters — Canadian meat processor Maple Leaf Foods reported a better-than-expected quarterly profit, helped by higher earnings in its prepared meats business. Adjusted operating earnings in the meat products segment rose nearly eight-fold to $61.3 million in the Toronto company’s first quarter, helped by lower operating costs and price increases. The company, whose brands include […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Hogs, Livestock, Machinery

West’s hog farmers urged to insist trailers cleaned in Canada

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Reading Time: 2 minutes Hog industry officials in Western Canada want hog producers to insist that livestock trailers coming to their farms be washed at certified Canadian cleaning facilities — even if the trailers were just cleaned on the U.S. side of the border. The recommendation comes as a federally-approved trailer-wash pilot project, credited with helping to keep porcine epidemic diarrhea […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Hogs, Livestock, Markets

Pork prices gain on seasonal demand, tighter numbers

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Reading Time: < 1 minute CNS Canada — Western Canadian cash hog prices have been trending higher as supplies tighten and demand increases moving into the summer, two Prairie analysts say. “A lot of that has to do with lower slaughter numbers, higher pork cutout values,” said Brad Marceniuk, a livestock economist with the Saskatchewan government in Saskatoon. Hog numbers […] Read more
(Photo courtesy ARS/USDA)
Hogs, Livestock, Reuters

Russian farming firm to test investor appetite

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Reading Time: 2 minutes Moscow | Reuters — Russian farming conglomerate Rusagro launched a secondary share offering on Thursday which will test foreign appetite for Russian assets. Share sales by Russian companies have been rare since Western sanctions imposed in 2014 over Ukraine cut access to foreign capital markets and after a sharp drop in global oil prices, the […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures jump on fund buying, USDA report

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Monday, driven by short-covering and fund buying after contracts broke through technical resistance levels, traders said. They said last Friday’s U.S. Department of Agriculture quarterly hog report stirred additional deferred-month buying. The survey showed modest U.S. herd growth during the December-February quarter […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Hogs, Livestock, Markets, Reuters

U.S. hog herd ekes out new high as PED impact ebbs

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Reading Time: 2 minutes Reuters — The U.S. hog herd in the December-February quarter modestly grew from a year earlier to a record high for that quarter, according to Friday’s U.S. Department of Agriculture quarterly hog report. Farmers cautiously added to herds while shoring up their bottom lines following the surge in hog numbers as the industry recovers from […] Read more

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