U.S. livestock: CME hogs slip on weaker cash

U.S. livestock: CME hogs slip on weaker cash

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed lower on Friday, following softening cash hog prices, traders said. CME February hog futures settled down 1.425 cents at 62.65 cents/lb., halting a three-session advance (all figures US$). Traders noted that hogs in the top cash market of Iowa and southern Minnesota traded […] Read more

CME February 2019 lean hogs with 50-day moving average. (Barchart)

U.S. livestock: Hogs, cattle rise as export hopes remain

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) hog and cattle futures closed mostly higher, supported by hopes for improved exports in the coming weeks, traders said. Technical buying also helped cattle futures, which were still trading close to contract highs hit earlier in the week. Traders also noted strength in the cash markets as […] Read more


CME March 2019 feeder cattle with 20-day moving average. (Barchart)

U.S. livestock: Cattle ease after rally

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures rose 2.1 per cent to their highest in more than three weeks on Wednesday. Cattle futures were weaker, pressured by profit-taking after the front-month February live-cattle contract hit an all-time high on Tuesday. “There was no fundamental line item to go with it yesterday so […] Read more

(Photo courtesy Canada Beef Inc.)

Bovine TB strain in latest outbreak new to Canada

Reading Time: 2 minutes Canada’s latest outbreak of bovine tuberculosis in domestic cattle involves a strain of TB bacteria not related to any previously seen in Canadian livestock or wildlife. Culture testing of bacteria taken from a cow confirmed as TB-positive in November shows it’s “not related to past cases of bovine TB in Alberta or British Columbia or […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market starts year with cautious tone

Reading Time: 2 minutes Western Canadian feeder cattle prices were relatively unchanged to slightly softer compared to mid-December. The market was lightly tested, with direct off farm to feedlot trade, but auction market activity was rather quiet. Winter conditions in southern Alberta caused buyers to be on the defensive, with lighter calves reflecting small discounts; however, vaccinated feeders on […] Read more

CME February 2019 lean hogs with 50-day moving average. (Barchart)

U.S. livestock: Hogs rise on China hopes

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures were mostly higher on Tuesday, supported by prospects for improving export demand, traders said. The market was waiting for a pickup in deals from China due to the spread of African swine fever there. “That hope is still out there, but it’s elusive, and it’s up […] Read more


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PEDv arrives in Alberta hogs

Reading Time: 2 minutes Veterinary officials in Alberta are now investigating the province’s first-ever outbreak of porcine epidemic diarrhea (PED) in hogs. Alberta Pork, the province’s hog producer commission, and the provincial government on Tuesday announced an outbreak of the viral disease at what was described as a “400-head hog operation.” Javier Bahamon, quality assurance and production manager for […] Read more

Fried foie gras, grilled. (Vichie81/iStock/Getty Images)

U.S. top court won’t hear Quebec farmers over foie gras ban

Reading Time: < 1 minute Washington | Reuters — The U.S. Supreme Court on Monday rejected the latest challenge to California’s ban on foie gras, a delicacy produced from the enlarged livers of ducks and geese that have been force-fed corn. The court declined to hear an appeal by producers of foie gras, including the Association des Eleveurs de Canards […] Read more


CME February 2019 live cattle with 20-dat moving average. (Barchart)

U.S. livestock: Cattle break losing streak on bargain buying

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose 1.2 per cent on Monday, rebounding from five straight sessions of declines on a round of bargain buying. Feeder cattle futures also closed higher after sinking to a one-month low during the session while lean hog futures eased. Cattle also received support from news […] Read more

U.S. livestock: Cattle ease on technical selling after steady cash sales

U.S. livestock: Cattle ease on technical selling after steady cash sales

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures eased as much as one per cent on Thursday, weighed down by technical selling and steady deals in cash markets in the southern Plains, traders and analysts said. Live cattle futures weakened for the fourth straight session on the Chicago Mercantile Exchange. The market had climbed to life-of-contract […] Read more