Insights and Stories on Hogs

Mar. 18, 2015 at 9:41 pm CDT

Updated, March 19 — Olymel has tabled a “final comprehensive offer” for unionized staff at its Vallee-Jonction, Que. hog slaughter plant after the workers gave negotiators a strike mandate. The meat packing arm of Quebec’s Coop Federee said Wednesday it’s at an “impasse” with its workers, represented by the Confederation […]

By Staff

Mar. 18, 2015 at 3:52 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed sharply higher on Wednesday, with April and June up by the three-cents-per-pound price limit, led partly by their discounts to this week’s cash price expectations, traders said. April and June finished at 156.575 and 148.475 cents/lb., respectively (all figures […]

By Theopolis Waters

Mar. 17, 2015 at 4:50 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday erased some of Monday’s losses, supported by short-covering in response to strong wholesale beef values, traders said. April closed up 0.375 cent per pound, to 153.575 cents, and June 0.5 cent higher at 145.475 cents (all figures US$). […]

By Theopolis Waters

Mar. 16, 2015 at 5:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hogs ended slightly higher on Monday, ending a seven-day losing streak, supported by stronger wholesale pork product prices while cash hog prices weighed, traders said. April closed just 0.1 cent per pound higher at 62.2 cents, while May ended unchanged at 71.425 […]

By Meredith Davis

Mar. 13, 2015 at 3:45 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs extended losses for a seventh consecutive session Friday on downward-trending cash and wholesale pork prices, traders said. April closed 0.2 cent per pound weaker at 62.1 cents, and May 0.825 cent lower at 71.425 cents (all figures US$). Friday morning’s average […]

By Theopolis Waters