U.S. livestock: CME hogs limit-up on record-high cash prices

Chicago | Reuters — Chicago Mercantile Exchange hog futures on Thursday jumped to their three-cents daily price limit, ignited by record-high prices for slaughter-ready or cash hogs, traders and analysts said. The morning’s hog price at the closely watched Iowa/Minnesota market surged $4.70 per hundredweight (cwt) from Wednesday to a record-high $131.49, according to the

U.S. livestock: Bargain hunters help CME hogs pare losses

Chicago | Reuters –– Chicago Mercantile Exchange hog futures turned higher on Wednesday, supported by bargain hunting and short covering after 2-1/2 days of losses, traders and analysts said. Investors cited futures’ discount to CME’s hog index that touched a record high at 125.04 cents, surpassing the March 21 record of 122.57 (all figures US$).






U.S. livestock: CME live cattle slip before USDA report

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday fell modestly as investors tweaked positions before the U.S. Department of Agriculture’s monthly Cattle-on-Feed report at 2 p.m. CT, traders said. Analysts expect Friday’s data to show increased cattle placements last month as profitable margins allowed feedlots to bring in more calves for



B.C. opens up feral pig hunting

Licensed hunters can now harvest feral pigs anywhere, anytime in British Columbia, following the animals’ re-designation under provincial wildlife laws. The province announced an amendment Thursday to its Wildlife Act’s designation and exemption regulation, classifying feral pigs as “schedule C” wildlife, which ranks the hogs alongside magpies and certain squirrels for hunting purposes. The new


PEDv numbers rise in U.S. hog herd

Reuters — Confirmed cases of porcine epidemic diarrhea (PED) increased by 296 in the week ended March 15, bringing the total number to 4,757, according to data released on Thursday by the U.S. Department of Agriculture’s National Animal Health Laboratory Network (NAHLN). The U.S. and Canadian hog industries have recently developed partnerships to research what

U.S. livestock: Fund selloff undercuts CME live 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.