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Hogs, Livestock

Alberta looks into ‘isolated’ case of PED

Feed, other objects considered possible sources

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The source of what’s believed to have been an “isolated” recent case of porcine epidemic diarrhea (PED) in southern Alberta was likely either feed or some object brought into the barn, veterinary officials say. The chief provincial veterinarian’s office said it was informed by a private veterinarian on Feb. 24 of a suspected case of
CME May 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hogs firm

Futures supported by cash markets

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange lifted on Wednesday, supported by cash cattle prices that pulled up nearby futures markets. “We just got below the cash market,” said Alan Brugler, president of Brugler Marketing. “That was an argument to try the long side.” The nearby April live cattle contract
CME June 2022 lean hogs (candlesticks) with 20-, and 50-day moving averages (pink and brown lines) and CME cash Lean Hog Index (black line). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs, cattle fall on strong slaughter, profit-taking

Feeder cattle lower as corn rises

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Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell on Monday on profit taking following last week’s Hogs and Pigs report from the U.S. Department of Agriculture. “The overall fundamental is still tight numbers, tight supply created by disease, empty pen spaces, empty buildings,” said Brad Kooima, commodity broker at Kooima
CME June 2022 live cattle (candlesticks) with 20-, 100- and 200-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs, cattle ease on profit-taking

Rising corn values pressure feeder cattle

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Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell on Friday on follow-through technical selling one day after the benchmark June contract closed lower in a huge reversal from a life-of-contract high. CME benchmark June lean hogs settled down 0.175 cent at 120.40 cents/lb., retreating farther from the contract high set
CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs retreat off contract highs

Corn's climb drags on cattle futures

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Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange closed lower on Thursday, shrugging off early support from a bullish U.S. government hog inventory report as traders appeared to focus instead on profit-taking at the end of the quarter and disappointing wholesale pork prices, traders said. CME benchmark June lean hogs settled
CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures end lower

USDA inventory data seen supportive

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Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange closed lower on Wednesday on profit-taking and positioning ahead of the U.S. Department of Agriculture’s quarterly hog inventory report. However, traders said the government data, released after the close, was supportive for futures. USDA reported the U.S. hog herd as of March 1
CME June 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and dark red lines) and CME’s cash lean hog index (blue line). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs climb on firm cash

Cattle futures end lower

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Chicago | Reuters — Benchmark June lean hog futures on the Chicago Mercantile Exchange rose on Monday, setting a life-of-contract high on firm cash hog prices and expectations of tightening supplies. CME June hogs settled up 0.2 cent at 126.05 cents/lb., paring gains after reaching a contract top of 126.875 cents (all figures US$). The
CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Hogs set new contract highs with supplies in focus

USDA shows more cattle on feed

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Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Friday, with most contracts setting new highs as strong prices for pork and concerns about supplies underpinned the market. Most-active June lean hog futures jumped 3.775 cents to finish at 125.85 cents/lb., closing above the high end of its 20-day Bollinger range after facing

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