Beef cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday slid after hitting contract highs in early trade, weighed by weaker wholesale beef prices and fund liquidation, traders said. The morning’s wholesale beef price, or cutout, dropped for a second straight day, with choice down $1.10 per hundredweight (cwt) from Wednesday to $242.27.

Chicago | Reuters — Chicago Mercantile Exchange hog futures closed mixed on Wednesday, supported by higher cash hog prices while pressured by sporadic profit-taking, traders said. The morning’s hog price in the closely watched Iowa/Minnesota market rose $2.41 per hundredweight (cwt) to $122.90, surpassing Tuesday’s $121.13 record, based on U.S. Department of Agriculture data. Packers

Chicago | Reuters — Chicago Mercantile Exchange hog futures closed higher in pit trading on Tuesday but eased from their all-time high as investors took profits while awaiting cash price direction, traders said. In electronic trading, CME April hogs edged upward after the average cost of hogs in the closely-watched Iowa/Minnesota market came in at

Chicago | Reuters — Chicago Mercantile Exchange hog futures marked a new high for a third straight session as tight supplies continued to drive up prices for market-ready hogs, traders said on Monday. Packers are finding it hard to buy hogs as the deadly porcine epidemic diarrhea virus (PEDv) reduces the number of available animals

Chicago | Reuters –– Chicago Mercantile Exchange hog futures on Thursday hit a new high, with April closing up the three-cent limit, as prices for slaughter-ready hogs climbed fueled by tight supplies in part pegged to a deadly pig virus, traders said. The porcine epidemic diarrhea virus (PEDv), which is fatal to piglets has been

Chicago | Reuters — Chicago Mercantile Exchange live cattle rose on Wednesday, driven by anticipation of higher cash prices this week, traders said. For now, there is more confidence in better prices for cash cattle given record-high beef values and positive packer margins, said R.J. O’Brien floor manager Jim Brooks. Cash cattle bids in Texas