Reading Time: < 1 minute Reuters — The U.S. hog herd continued to shrink during the June-August quarter as a deadly pig virus lingered on farms, but the decline was less than expected, a U.S. Department of Agriculture report showed on Friday. The data also showed that producers least affected by the porcine epidemic diarrhea virus (PEDv) added to their […] Read more
PEDv shrinks U.S. hog herd, but low-cost feed limits decline
U.S. livestock: CME hogs slump as Wall Street tumbles
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hogs closed lower on Thursday, pressured by active U.S. stock market selling as the dollar surged to a four-year high, traders and analysts said. The strong dollar makes U.S. goods including pork less attractive to foreign buyers. Hog futures’ losses mounted after nearby trading months drifted below […] Read more
U.S. livestock: Cash price uncertainty weakens CME hogs
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hogs posted modest losses on Wednesday amid uncertainty regarding near-term prices for slaughter-ready or cash hogs, traders said. October hogs closed 0.425 cent per pound lower at 107.45 cents, and December at 95.2 cents, down 0.05 cent. The U.S. Department of Agriculture’s Wednesday morning direct cash hog […] Read more
U.S. livestock: CME live cattle, hogs end mixed after choppy session
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle closed narrowly mixed on Tuesday after a volatile session, pressured by lower wholesale beef values but supported by futures’ discount to last week’s cash prices, traders said. October live cattle finished down 0.05 cent per pound at 155.45 cents, and December up 0.075 cent to 158.725 […] Read more
PEDv hits third SE Manitoba hog farm
Reading Time: 2 minutes Manitoba’s hog producer body is taking farmers to task for “risky practices” following confirmation of the province’s third case of porcine epidemic diarrhea (PED). Manitoba’s chief veterinary office (CVO) confirmed Friday and announced Monday that a sow farm in the province’s southeast is the third to have animals with the PED virus (PEDv). Two hog […] Read more
U.S. livestock: CME live cattle close mixed, hogs higher
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed mixed on Monday, pressured by last week’s lower cash prices but supported by bear spreads, traders said. Bear spreads consisted of investors who bought back months and simultaneously sold nearby contracts with the view that Friday’s U.S. Department of Agriculture monthly Cattle-On-Feed report confirmed tight […] Read more
U.S. livestock: CME live cattle futures end mixed before USDA report
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled mixed on Friday on positioning before the U.S. Department of Agriculture’s monthly Cattle-On-Feed report. Analysts expect the data at 2 p.m. CT to show fewer cattle were placed in feedyards last month due to sufficient pastures that allowed ranchers to fatten livestock longer outside […] Read more
U.S. livestock: Weak cash price outlook drops CME live cattle
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle settled lower on Thursday in anticipation of packers spending less for market-ready, or cash, cattle this week, traders said. October live cattle futures finished 1.425 cents per pound lower at 155.6 cents, and December at 158.925 cents down 1.075 cents (all figures US$). Processors may cut […] Read more
U.S. livestock: CME hog futures fall with cash, pork prices
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slumped more than two per cent on Wednesday, pressured by lower prices for slaughter-ready or cash hogs and pork at wholesale, traders said. October closed 1.775 cents per pound lower at 105.1 cents, and December at 93.9 cents, down 2.025 cents (all figures US$). Wednesday […] Read more
U.S. livestock: CME live cattle close lower on cash price outlook
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed down slightly on Tuesday in anticipation of likely lower prices for market-ready or cash cattle this week, traders said. October and December live cattle both ended 0.15 cent per pound lower, at 156.2 and 158.875 cents, respectively (all figures US$). Packers might curb cash […] Read more
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