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(Regis Lefebure photo courtesy ARS/USDA)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME hogs down again as supply worries persist

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Chicago | Reuters –– Chicago Mercantile Exchange lean hogs extended losses into a fourth straight session on Monday as hefty supplies stifled cash and wholesale pork prices, traders said. Spot-August futures closed down 0.675 cent/lb. at 76.65 cents, and most-active October closed 1.15 cents lower at 62.975 (all figures US$). On Monday, packers processed 426,000
She wouldn’t be so worried if she was assured the processing procedures were the same as in the U.S.
Did you know?

Americans will buy imported meat if assured of standards

USDA should help consumers make more informed decisions


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With Congress currently debating the repeal of mandatory country-of-origin labelling (COOL) for meat and poultry — federal law in the U.S. since 2002 — new research from the Sam W. Walton College of Business at the University of Arkansas shines a spotlight on how COOL labelling affects consumers’ purchase decisions. In “A COOL Effect: The
(Regis Lefebure photo courtesy ARS/USDA)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Lower cash prices drop hog futures

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Chicago | Reuters –– Chicago Mercantile Exchange lean hogs slumped for a third consecutive session on Friday as hefty supplies continued to drag down prices for market-ready (cash) hogs, traders said. Spot-August futures finished 0.75 cent/lb. lower at 77.325 cents, and most-active October down 0.325 cent at 64.125 cents. Friday morning’s average hog price in
(CMEGroup.com)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Bearish fundamentals sink CME hog futures

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Chicago | Reuters –– Chicago Mercantile Exchange lean hogs tumbled more than two per cent on Thursday following the morning’s cash hog and wholesale pork price retreat, traders said. Spot-August futures finished 2.15 cents/lb. lower at 78.075 cents, and most-active October down 2.325 cents at 64.45 cents (all figures US$). Thursday morning’s average market-ready (cash)
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans, corn dip on disappointing exports, better weather

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Winnipeg | Reuters — Soybean and corn futures slipped on Thursday, pressured by disappointing U.S. export sales, forecasts for mostly favorable Midwest weather and technical selling. Chicago Board of Trade (CBOT) wheat rose on better-than-expected export sales. “We had a nice bounce in corn and soybeans, so it’s a technical pullback,” said Arlan Suderman, senior
(Dave Bedard photo)
Crops, Markets

ICE weekly outlook: Canola rises ahead of USDA report

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CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as traders began to position themselves in anticipation of a U.S. report due out Aug. 12. The U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) report “is certainly a factor” in the direction of canola, said Keith
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle close mixed, hogs lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle settled mixed on Wednesday after investors bought the August contract and sold deferred months prompted by the morning’s wholesale beef price increase, traders said. Spot-August futures closed 0.45 cent/lb. higher at 148.675 cents, and October was down 0.025 cent at 148.175 cents (all figures US$). Wednesday

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