Insights and Stories on Hogs

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U.S. livestock: CME hog futures biggest one-day loss in seven months

Jul. 27, 2016 at 3:26 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange lean hogs on Wednesday slumped nearly four per cent, their biggest daily decline since mid-December 2015, pressured by day’s steep wholesale pork price drop and further cash price weakness, traders said. August hogs finished 2.925 cents per lb lower at 71.675 cents. October ended 2.575 cents per lb lower […]

U.S. livestock: Beef price bounce extends CME live cattle futures gains

Jul. 26, 2016 at 4:24 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle futures surge by 3-cent/lb price limit

Jul. 25, 2016 at 3:27 pm CDT

By Theopolis Waters

U.S. livestock: Live cattle futures rally before USDA report

Jul. 22, 2016 at 2:45 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle futures plunge to five-year low on supply worries

Jul. 21, 2016 at 3:37 pm CDT

By Theopolis Waters

U.S. livestock: Lower cash, beef prices again sink CME live cattle futures

Jul. 20, 2016 at 2:58 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle futures’ extended their losses on Wednesday from the previous session, led by the morning’s lower cash and wholesale pork prices, traders said. August live cattle ended 0.975 cent per lb lower at 109.425 cents, and October closed 1.400 cents lower at 108.075 cents. A small number of […]

By Theopolis Waters

U.S. livestock: Technical selloff upends CME live cattle futures

Jul. 19, 2016 at 3:01 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle contracts closed sharply lower on Tuesday, undercut by technical-related selling that wiped out Monday’s gains, traders said. They said August futures led losers after investors periodically sold that contract and simultaneously bought deferred months in a trading strategy known as bear spreading. August live cattle ended […]

By Theopolis Waters

U.S. pork packing plant boom may boost hog prices

Jul. 18, 2016 at 3:58 pm CDT

Chicago / Reuters – The U.S. pork industry could be heading for higher hog prices as processing plants come on line at an unprecedented rate with packers investing millions of dollars to satisfy the appetite of protein-hungry China, industry analysts said. Pork packers including Seaboard Foods and Triumph Foods, who slaughter […]

By Theopolis Waters

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

Jul. 18, 2016 at 3:53 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle contracts settled higher on Monday after short-covering and futures’ discounts to late last week’s cash prices offset early-session losses, traders said. August live cattle ended 1.525 cents per lb higher at 112.450 cents, and finished above the 20-day moving average of 112.05 […]

By Theopolis Waters

Feds and province fund Maple Leaf bacon plant

Jul. 18, 2016 at 3:20 pm CDT

The governments of Canada and Manitoba have announced funding of $500,000 toward an expansion of Maple Leaf Food’s bacon processing plant in Winnipeg. The announcement was made Monday at the plant by federal Agriculture Minister Lawrence MacAulay and Manitoba Agriculture Minister Ralph Eichler. A release said Maple Leaf Food’s investment […]

By Staff