Insights and Stories on Hogs

Mar. 27, 2015 at 6:13 pm CDT

Reuters — The U.S. hog herd grew seven per cent during the December-February quarter versus the same period last year, a U.S. Department of Agriculture report showed on Friday, reflecting producer profitability and the less-severe porcine epidemic diarrhea (PED) virus, said analysts. Hog farmers willingly expanded their herds after vaccines […]

By Theopolis Waters

Mar. 27, 2015 at 4:11 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled narrowly mixed Friday on positioning prior to the U.S. Department of Agriculture’s quarterly hog report at 2 p.m. CT, traders said. Analysts expect Friday’s report to confirm active herd expansion during the last quarter. April and May closed up […]

By Theopolis Waters

Mar. 26, 2015 at 5:27 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished higher on Thursday, driven partly by short-covering following a spike in wholesale pork values, traders said. April closed 1.15 cent per pound higher at 60.975 cents, and May up 1.5 cents at 68.025 cents (all figures US$). The morning’s wholesale […]

By Theopolis Waters

Mar. 25, 2015 at 4:20 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle fell on Wednesday for the first time in seven days as investors took profits, but sharply higher wholesale beef values minimized losses, traders said. April closed down 0.275 cent per pound, to 161.725 cents, and June 0.675 cent lower at 152.375 […]

By Theopolis Waters

Mar. 24, 2015 at 6:48 pm CDT

Quebec pork and poultry packer Olymel has cancelled hog orders from Ontario and plans to lay off non-union staff at one of its hog slaughter plants next week, citing “force majeure” as the plant’s unionized workers walk the picket line. Workers represented by CSN (Confederation des syndicats nationaux) at Olymel’s […]

By Staff