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Hogs

(Peggy Greb photo courtesy ARS/USDA)
Hogs, Livestock, Markets

Weak loonie expected to support hog prices, but not yet

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Reading Time: < 1 minute CNS Canada — A weak loonie could improve the profit margin of Canadian pork producers by summer, according to one analyst, but its effects have been little seen in the current market. Influencers outside of currency markets are driving current cash prices lower — and cash prices are relatively depressed, according to Tyler Fulton, director […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Feeder cattle rise on cash gains, wintry weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. feeder cattle futures rose on Monday, reversing earlier declines and extending steep gains of recent days as wintry weather hampered animal weight gains and feed prices tumbled, traders and analysts said. Live cattle futures steadied after falling sharply early in the session at the Chicago Mercantile Exchange, as big declines […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cash price spike drives CME live cattle higher

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished well into positive territory on Wednesday, led by the steep climb in prices for cash cattle, traders said. Spot December, which will expire on Thursday, closed 2.8 cents/lb. higher at 133 cents, and February ended 1.2 cents higher at 136.7 (all figures US$). “Today […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Profit-taking ends CME live cattle’s win streak

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Monday, hit by profit-taking after gaining five days in a row driven by potential supply shortages as inclement weather moves across the U.S. Plains, traders said. Wintry weather typically slows down cattle weight gains while creating problems for employees and livestock to […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures notched gains for a fifth consecutive session on Thursday, fuelled by the recent rise in wholesale beef prices in anticipation of tight near-term supplies, traders said. CME livestock futures closed at noon CT in observance of the Christmas holiday. Spot December settled 2.5 cents/lb. higher […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Hogs, Livestock, Machinery

CFIA to continue PEDv hog trailer policy until May

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Reading Time: 2 minutes Emergency federal protocols that have allowed empty hog trucks coming into Manitoba from the U.S. to be cleaned and disinfected on the Manitoba side of the border will now continue until May. In a producer newsletter Thursday, Manitoba Pork chair George Matheson said the Canadian Food Inspection Agency, which had previously planned to end the […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Hogs, Livestock, Markets, Reuters

U.S. hog herd slowly expands as farmer profit shrinks

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Reading Time: 2 minutes Reuters — The U.S. hog herd grew slightly in the September-November quarter versus a year ago, a U.S. Department of Agriculture report showed on Wednesday, amid increased supplies as the industry recovers from a deadly pig virus hurt that farmer profit, said analysts. “Concern about profitability was a major issue. What kept producers from really […] Read more
(PutPorkOnYourFork.com)
Hogs, Livestock, Markets, Reuters

U.S. meat cases awash with Christmas hams at bargain

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Reading Time: < 1 minute Chicago | Reuters –– Shoppers preparing to feast on ham for Christmas can do so without breaking their budget, thanks to record amounts of pork as the industry rebounds from a deadly pig virus, said analysts following the government’s monthly cold storage report on Tuesday. Christmas is the top-ranked holiday for eating ham, followed by […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle sink to three-year bottom

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday slid to their lowest level in three years, pressured by more losses price-wise for unsold cash cattle, traders said. Spot December ended down 2.825 cents/lb. to 117.15 cents, and made a new contract low of 116.975 (all figures US$). February finished 2.45 cents […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

Canada not yet pulling trade trigger on COOL

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Reading Time: 2 minutes Canada remains “cautiously optimistic” that the U.S. government will repeal its country-of-origin labelling (COOL) law before the Canadian and Mexican governments impose retaliatory tariffs. Federal Trade Minister Chrystia Freeland, speaking Wednesday from Nairobi on a conference call with reporters, said she was “not going to go into hypotheticals” about Canada’s next move if an omnibus […] Read more

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