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U.S. livestock: Losses for cattle, upswing in hog prices

Upswing in hog prices

Live and fed cattle futures on the Chicago Mercantile Exchange  were lower on Thursday, while those for lean hogs were higher. The June live cattle contract retreated 3.175 cents at 195.200 cents per pound. May feeder cattle futures dropped 2.900 cents at 275.300 cents per pound. The USDA reported wholesale boxed beef prices were lower




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U.S. livestock: Cattle mixed, hogs higher

Strong export sales for cattle, hogs

Live and fed cattle futures on the Chicago Mercantile Exchange dropped back on Thursday, despite strong export sales. The United States Department of Agriculture reported export sales of 24,907 tonnes for the week ended Jan. 30. That’s up 23.5 per cent from the previous week and the most since August. The April live cattle contract