Insights and Stories on Hogs

Ontario extends deadline to lock in RMP coverage

Jun. 6, 2023 at 7:10 pm CDT

Grain and oilseed growers and cattle, hog, sheep and veal producers in Ontario now get until June 30 this year to secure coverage under that province’s Risk Management Program (RMP). The province on May 29 announced the deadlines for grain and oilseed producers to submit their completed RMP applications and […]

U.S. livestock: CME cattle rally to contract highs

Jun. 6, 2023 at 5:04 pm CDT

By Mark Weinraub

U.S. livestock: CME cattle futures rise, hog futures dip

Jun. 5, 2023 at 4:21 pm CDT

By Mark Weinraub

U.S. livestock: CME cattle extend rally on surging cash market

Jun. 2, 2023 at 7:02 pm CDT

By Julie Ingwersen

U.S. livestock: CME live cattle soar as cash prices explode

Jun. 1, 2023 at 7:36 pm CDT

By Julie Ingwersen

U.S. livestock: CME lean hogs bounce on short-covering

May. 31, 2023 at 7:38 pm CDT

Chicago | Reuters — Benchmark July lean hog futures on the Chicago Mercantile Exchange jumped nearly five per cent on Wednesday, extending their two-day rally to 11 per cent on a round of bargain-buying following a months-long slump, traders said. CME July hogs settled up 3.8 cents at 83.325 cents/lb., […]

By Julie Ingwersen

U.S. livestock: CME lean hogs limit-up on bargain buying

May. 30, 2023 at 7:45 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures surged their daily limit on Tuesday, rebounding from Friday’s life-of-contract lows on a round of bargain-buying and short-covering toward the end of the month, and as feed grain futures fell sharply, traders said. “It really got grossly overdone to the bottom […]

By Julie Ingwersen

Olymel to idle multiple Prairie hog barns

May. 26, 2023 at 8:26 pm CDT

Pork packer Olymel is preparing to dial back its hog production in Western Canada by shuttering six of its sow units in Alberta and Saskatchewan. Olymel, the agrifood arm of Quebec’s Sollio Cooperative Group, announced Friday it has served 80 employees with layoff notices at five sow units in Alberta […]

By Dave Bedard

U.S. livestock: CME hogs down 10 per cent on week

May. 26, 2023 at 6:31 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures dropped to contract lows again on Friday, as poor demand for U.S. pork continued to depress prices. The losses heap more pain on producers who have struggled with weak prices for pigs and high costs for expenses such as feed and […]

By Tom Polansek

U.S. livestock: CME hogs sink to contract lows

May. 25, 2023 at 6:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures tumbled to contract lows on Thursday, as excess supplies and sluggish demand for U.S. pork fueled losses for a fifth consecutive session. Weak prices for pigs and high production costs continue to make it unprofitable to raise hogs, leading some analysts […]

By Tom Polansek