Insights and Stories on Slaughter

Oct. 14, 2020 at 6:54 pm CDT

Chicago | Reuters — U.S. lean hog futures climbed on Wednesday as traders grappled with mounting confusion on lower-than-expected slaughter rates, traders said. Wednesday’s daily U.S. hog slaughter was 489,000 head — or 2,000 fewer than the same period last year, according to data published by the U.S. Department of […]

By Christopher Walljasper

Oct. 6, 2020 at 3:32 pm CDT

MarketsFarm — Hog prices in North America typically come under pressure heading into fall, as the end of barbecue season coincides with more hogs coming to slaughter. However, strong global demand has propped up hog prices in recent weeks, with cash prices increasing by over 25 per cent. Fewer hogs […]

By Marlo Glass – MarketsFarm

Oct. 2, 2020 at 10:43 pm CDT

A growth-minded Toronto poultry and deli meat further-processing company has made a vertical move with a deal for a federally-inspected Niagara-area poultry slaughter plant. ADP Direct Poultry announced Friday it has bought up 100 per cent ownership of Cami International Poultry, a slaughter and processing facility at Welland, Ont., for […]

By Dave Bedard

Aug. 28, 2020 at 4:34 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures weakened on Friday in anticipation of a seasonal demand slowdown following the Labour Day holiday, traders said. The losses in the futures market stemmed from weekly declines in the cash markets. CME benchmark October live cattle fell 1.25 cents […]

By Mark Weinraub

Aug. 27, 2020 at 6:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle dropped for the sixth day in a row on Thursday, with weakness in the cash market that stemmed from a glut of supplies spilling over into futures prices, traders said. Traders shrugged off signs of rising demand from China, which made its […]

By Mark Weinraub