Insights and Stories on Hogs

Smithfield Foods to buy Farmer John from Hormel

Nov. 21, 2016 at 6:42 pm CST

Reuters — Smithfield Foods said it would buy parent of the Farmer John and Saag’s Specialty Meats brands, and farm operations in three U.S. states from Hormel Foods for US$145 million in cash. Smithfield will buy Clougherty Packing as well as hog farm operations under PFFJ, or Pigs for Farmer […]

U.S. livestock: CME live cattle futures climb as cash price outlook improves

Nov. 10, 2016 at 4:25 pm CST

By Theopolis Waters

Record U.S. hog slaughter puts pressure on Canadian pork prices

Nov. 10, 2016 at 1:00 pm CST

By Dave Sims

U.S. livestock: CME live cattle futures shrug off early losses

Nov. 9, 2016 at 3:52 pm CST

By Theopolis Waters

U.S. livestock: Bargain buying reverses CME live cattle futures skid

Nov. 8, 2016 at 3:44 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle futures losses mount; hogs rally

Nov. 7, 2016 at 3:58 pm CST

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures closed lower for a fourth straight session on Monday, led by initial technical selling and a retreat in wholesale beef values, said traders. Most actively traded December live cattle closed 1.075 cents per pound lower at 101.650 cents, and settled nearly par […]

By Theopolis Waters

U.S. livestock: CME live cattle, hog futures extends losses

Nov. 4, 2016 at 10:10 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures on Friday settled in negative territory for the third straight day after cash prices fell short of investors’ expectations, said traders. CME live cattle losses mounted after falling below technical support levels, which triggered sell stops and fund liquidation. Most actively-traded December […]

By Theopolis Waters

U.S. livestock: Live cattle, hog futures stumble on profit-taking

Nov. 3, 2016 at 5:45 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures finished lower on Thursday, hit by profit-taking and early-session technical selling, traders said. Investors sold the October contract and simultaneously bought deferred months, in a trading strategy known as bear-spreading. Most actively traded December live cattle closed 1.300 cents per pound lower […]

By Theopolis Waters

U.S. livestock: Hogs surge on technical buying, cattle mostly higher

Nov. 2, 2016 at 4:53 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures soared three per cent on Wednesday, rebounding on technical buying from the steep losses seen in the previous session, traders and analysts said. Cattle futures also were mostly higher, even as some contracts edged slightly lower after hitting one-month peaks. […]

By Michael Hirtzer

Maple Leaf profit jumps by over 70 per cent

Nov. 2, 2016 at 4:48 pm CDT

Reuters — Meat processor Maple Leaf Foods on Wednesday reported a 70.4 per cent jump in quarterly profit as lower costs and higher prices boosted earnings at its prepared meats business. Maple Leaf said adjusted operating earnings in its meat products unit, the company’s primary source of income, more than […]

By Reuters