Russia suspends U.S. pig imports over virus fears

Moscow | Reuters — Russia said on Thursday it was suspending pig imports from the United States due to concern about outbreaks of the porcine epidemic diarrhea virus (PEDv). The suspension takes effect on Friday, Russian state agricultural oversight agency Rosselkhoznadnor said in a statement. “This disease is spreading over more and more territory of

U.S. livestock: CME live cattle futures climb as funds buy

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Thursday, with support from fund buying after contracts broke through moving-average resistance levels, traders said. Short covering contributed to CME live cattle advances, they said. Futures drew more support from their discounts to this week’s prices for market-ready or cash cattle. Cash cattle



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U.S. livestock: Fund buying drives CME feeder cattle to record high

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle Wednesday hit a record high on fund buying after contracts broke through technical resistance levels, traders said. “(The) technical aspect of the feeder cattle market looks fine,” said Citigroup futures specialist Sterling Smith. Fundamentally, young calves for feeding will be in demand given generally weak corn






Mexico reports PEDv in 17 states out of 19 tested

Paris | Reuters — Mexico reported outbreaks of porcine epidemic diarrhea virus (PEDv) in 17 states out of 19 tested, the World Animal Health Organization (OIE) said. Following reports of unusually high mortality, mainly in piglets, in the central-western part of the country, Mexican veterinary officials tested 2,309 samples between August 2013 and May 2014


(PorkBeInspired.com)

U.S. livestock: CME hog futures slump with cash prices, pork demand

Chicago | Reuters –– Chicago Mercantile Exchange hogs closed lower on Thursday, pressured by weaker prices for market-ready or cash hogs pegged to plant closures during the U.S. Memorial Day holiday, trader said. They also cited the relapse in wholesale pork prices. Grocers bought all the product they need to accommodate grilling demand over the

U.S. livestock: Fund buying rallies CME hog futures

Chicago | Reuters — Chicago Mercantile Exchange hog futures closed higher on Wednesday, supported by short-covering and fund buying, traders said. Speculation about tight supplies ahead pegged to the porcine epidemic diarrhea virus (PEDv) provided further support to futures that ignored Wednesday’s drop in market-ready hog and wholesale pork prices. The morning’s average hog price