Hogs & Farming Articles - Manitoba Co-operator

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Cattle, hog futures mixed on end-of-year positioning

By GFM Network News, Michael Hirtzer December 30, 2016

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures were narrowly mixed on Friday, paring earlier steep gains on end-of-year positioning, traders said. Stronger bids for cattle in U.S. Plains cash markets underpinned prices. But some investors took profits after most-active February futures hit an eight-month high before turning slightly lower. Despite the recent rally, cattle

Hogs, Livestock

Fat herds, leaner profits: For China’s pig farmers, New Year feasts bring cold comfort

By Dominique Patton, GFM Network News, Hallie Gu December 29, 2016

Beijing/Reuters – With China’s Lunar New Year festivities fast approaching, pig farmers in the world’s biggest pork market have little to cheer. As they fatten herds to meet peak demand, a slump in retail prices and a spike in feed costs are grinding up profits. A wave of imports has squeezed pork retail prices 10

Hogs, Livestock, Markets

Hog sector optimistic heading into New Year

By GFM Network News, Phil Franz-Warkentin December 21, 2016

CNS Canada –– A rally in U.S. hog futures over the past few weeks is also being felt in the Canadian industry, which has brought some optimism to the sector heading into the New Year. “The isoweans are stronger, which tells us that there is greater demand in the U.S. going into the spring and

One of Pinnacle Farms’ sow barns at Standard, Alta., about 80 km east of Calgary. (VerusAlliance.com)

Hogs, Livestock

Olymel buys Alberta hog farming operation

By GFM Network News, Manitoba Co-operator Staff November 25, 2016

Pork and poultry processor Olymel has tightened the links in the hog supply chain for its Alberta pork plant by buying supplier Pinnacle Farms. Olymel, the meat packing arm of Quebec’s La Coop federee, announced Friday it has bought Standard, Alta.-based Pinnacle, including all its hog inventory, for an undisclosed sum. The company’s 30 employees

Hogs, Livestock

Argentina pledges access for Canadian pork

By GFM Network News, Manitoba Co-operator Staff November 24, 2016

Canada and Argentina are in late-stage talks that would see Canadian pork exporters regain access to that South American market. Following a meeting between Argentina’s President Mauricio Macri and Canada’s Prime Minister Justin Trudeau, the federal government last Friday said the two countries have “acknowledged the necessary steps to complete the process to allow for

Hogs, Livestock

Smithfield Foods to buy Farmer John from Hormel

By GFM Network News, Reuters November 21, 2016

Reuters — Smithfield Foods said it would buy parent of the Farmer John and Saag’s Specialty Meats brands, and farm operations in three U.S. states from Hormel Foods for US$145 million in cash. Smithfield will buy Clougherty Packing as well as hog farm operations under PFFJ, or Pigs for Farmer John, in California, Arizona and

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle futures climb as cash price outlook improves

By GFM Network News, Theopolis Waters November 10, 2016

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures on Thursday gained for a third straight day, driven by short-covering following renewed optimism for cash prices by Friday, traders said. December and February contracts broke through their respective 10-day moving averages of 102.90 and 104.86 cents, which triggered fund buying. December live cattle closed 1.025 cents

Hogs, Livestock, Markets

Record U.S. hog slaughter puts pressure on Canadian pork prices

By Dave Sims, GFM Network News November 10, 2016

CNSC/Winnipeg – A record week for U.S. slaughterhouses is weighing on hog prices in Canada. According to the USDA, hogs slaughtered under federal inspection for the week ended November 5 were pegged at 2.532 million head, which is an all-time record. That number is also up 7.2 per cent from the 2.362 million head processed a

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle futures shrug off early losses

By GFM Network News, Theopolis Waters November 9, 2016

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures closed higher on Wednesday after bargain buying and cash price expectations offset initial selling, said traders. CME cattle and hog market participants at first sold futures after Donald Trump unexpectedly won the U.S. presidential election on Tuesday. “People are still concerned about what a Trump administration would

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Bargain buying reverses CME live cattle futures skid

By GFM Network News, Theopolis Waters November 8, 2016

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures rallied on Tuesday as strength from bargain buying and short-covering ended the market’s four-session slide, said traders. They said futures garnered more support from fund buying after contracts broke through technical resistance levels. Most actively traded December live cattle closed 0.950 cent per pound higher at 102.600

Daily Network News

Canadian agriculture must be seen as growth sector: Blois

Chicken, eggs benefit from demand for economical protein

Spain detects first swine fever cases outside initial Barcelona outbreak zone

Hogs

U.S. livestock: Cattle, hog futures mixed on end-of-year positioning

Fat herds, leaner profits: For China’s pig farmers, New Year feasts bring cold comfort

Hog sector optimistic heading into New Year

Olymel buys Alberta hog farming operation

Argentina pledges access for Canadian pork

Smithfield Foods to buy Farmer John from Hormel

U.S. livestock: CME live cattle futures climb as cash price outlook improves

Record U.S. hog slaughter puts pressure on Canadian pork prices

U.S. livestock: CME live cattle futures shrug off early losses

U.S. livestock: Bargain buying reverses CME live cattle futures skid

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