(CMEGroup.com)

U.S. livestock: CME hogs close firm after USDA report

Chicago | Reuters — Chicago Mercantile Exchange lean hogs gained modestly on Monday, helped by short-covering and deferred-month buying pegged to Friday’s U.S. Department of Agriculture quarterly hog report, traders said. Last Friday’s report showed active herd expansion during the December-February quarter that slowed as producer profits waned. Nearby hog futures bounced around throughout the

(USDA.gov via Flickr)

USDA hog report confirms active herd growth as PED fears ease

Reuters — The U.S. hog herd grew seven per cent during the December-February quarter versus the same period last year, a U.S. Department of Agriculture report showed on Friday, reflecting producer profitability and the less-severe porcine epidemic diarrhea (PED) virus, said analysts. Hog farmers willingly expanded their herds after vaccines and tighter biosecurity measures offset









(Canada Beef Inc. photo)

U.S. grains: Corn, soy dive on export woes

Chicago | Reuters –– U.S. soybean futures sagged 1.5 per cent to their lowest in almost five months on Tuesday, with export demand for U.S. supplies fading amid the expanding harvest in Argentina and Brazil, traders said. “The fundamentals are not friendly here; the South American crops are coming in with good yields,” Charlie Sernatinger,