Insights and Stories on Pork

Olymel to shut one Quebec hog slaughter plant

Apr. 14, 2023 at 1:34 pm CDT

Quebec-based meat packer Olymel’s bid to stem losses in its fresh pork business now includes closing down one of its five Canadian hog slaughter plants. Olymel, the protein arm of Sollio Co-operative, announced Friday it will wind down operations at its hog slaughter, cutting and deboning plant at Vallee-Jonction, Que. […]

U.S. livestock: CME live cattle hit another record high

Apr. 13, 2023 at 6:24 pm CDT

By Tom Polansek

U.S. livestock: CME live cattle hit record high as packers scramble for supplies

Apr. 12, 2023 at 5:40 pm CDT

By Tom Polansek

U.S. livestock: Cattle futures continue climbing

Apr. 11, 2023 at 7:54 pm CDT

By Dave Bedard

U.S. livestock: Sizzling cash cattle prices ignite rally in CME futures

Apr. 6, 2023 at 4:18 pm CDT

By Tom Polansek

U.S. livestock: CME cattle up on higher cash price expectations

Apr. 5, 2023 at 7:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Wednesday on expectations for higher U.S. cash prices this week, as lean hog futures set contract lows, analysts said. Cash cattle were bid at about $168/cwt in the southern Plains, roughly $1 higher than the bulk of trading […]

By Tom Polansek

U.S. livestock: CME cattle slide on profit-taking

Apr. 4, 2023 at 7:09 pm CDT

Chicago | Reuters — Profit-taking pushed down Chicago Mercantile Exchange cattle futures on Tuesday, while front-month lean hog futures tumbled to another contract low. Losses on Wall Street helped set a negative tone for the markets, as live cattle futures pulled back from contract highs reached on Monday, traders said. […]

By Tom Polansek

U.S. livestock: CME live cattle down off highs on profit-taking

Apr. 3, 2023 at 7:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Monday as profit-taking dragged prices down after the market set new contract highs, traders said. CME June live cattle ended down 0.9 cent at 161.225 cents/lb., after reaching a high of 162.525 cents/lb. (all figures US$). That exceeded […]

By Tom Polansek

U.S. livestock: CME hogs up in deferred months

Mar. 31, 2023 at 6:42 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose in deferred contracts on Friday on U.S. producers’ plans for fewer sows to farrow, analysts said. Producers intend to have 2.93 million sows farrow, or give birth, from March to May, down one per cent from actual farrowings a […]

By Tom Polansek

U.S. livestock: CME live cattle set contract high as cash prices jump

Mar. 30, 2023 at 6:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Thursday, with the front-month contract setting a new high, as cash prices climbed. Cash cattle trades of around $170-$171/cwt in western Nebraska and around $172/cwt in northwest Iowa ignited the rally in futures, analysts said (all figures US$). […]

By Tom Polansek