(CMEGroup.com)

U.S. livestock: CME hog futures end weaker, but off lows

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 market-ready or cash hog price




(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: CME hog futures slump on strong dollar, bird flu woes

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell three per cent Wednesday, with deferred contracts making new lows, on the strong dollar and bird flu in Arkansas, traders said. The U.S. Department of Agriculture on Wednesday confirmed the case of highly pathogenic avian influenza in a commercial turkey flock in Arkansas. Investors


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle futures mixed as dollar, stocks weigh

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed mixed on Tuesday, with nearby futures helped by their discounts to recent cash prices, while back months bowed in part to outside market pressure. April closed 0.75 cent/lb. higher at 154.75 cents, and June up 0.1 cent at 146.25 cents (all figures US$). August



Craig Price

Message to cattle producers: Don’t cut back on BSE testing

The latest BSE case only increases the need for Canada to test 30,000 animals yearly

Keep calm and carry on testing. That’s the message going out to producers following the latest case of BSE in an Alberta cow. “At times like this, it’s as important, if not more so, to continue with surveillance and be vigilant,” Canadian Food Inspection Agency official Craig Price told attendees at the recent Alberta Beef

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Profit-taking undermines CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle ended lower on Monday, pressured by profit-taking and funds that sold or “rolled” April contracts and simultaneously bought deferred months, traders said. Funds involved in CME’s livestock markets that follow the Standard + Poor’s Goldman Sachs Commodity Index (S+P GSCI) shifted their April positions in a



(CMEGroup.com)

U.S. livestock: CME hogs drop with cash, wholesale pork prices

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs turned lower on Thursday, pressured by weaker cash and wholesale pork prices, traders said. April and June closed 1.175 cents per pound lower at 66.825 cents and 77.45 cents, respectively (all figures US$). Wholesale pork prices slumped $1.49 to $68.49 per hundredweight (cwt) on Thursday morning