Santo Domingo | Reuters – The Dominican Republic will slaughter tens of thousands of pigs after detecting outbreaks of African swine fever in 11 of the country’s 32 provinces, authorities said on Monday. Fernando Duran, administrator of the state-run Banco Agricola, told a news conference the government will pay pig farmers the market price of each animal […] Read more
Dominican Republic to kill thousands of pigs over swine fever outbreak
Meatpacker Tyson Foods mandates Covid vaccines for workers
Reuters – Tyson Foods Inc said on Tuesday it was mandating COVID-19 vaccinations for its entire workforce, joining a growing list of major U.S. companies as they face renewed pandemic restrictions due to the fast-spreading Delta variant. Surging COVID-19 cases and new guidance from the U.S. Centers for Disease Control and Prevention (CDC) that requires […] Read more
U.S. livestock: Lean hogs end mixed as traders eye Dominican hog disease
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures closed mixed on Thursday as pressure from news of a deadly hog disease in the Dominican Republic offset support from strong export sales and firm cash hog prices, traders said. CME August lean hog futures settled up 0.600 cent at 106.300 cents per pound, while […] Read more
U.S. livestock: CME live cattle top three-week high; feeder cattle set contract high
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures topped a three-week high on Monday on expectations that supplies will tighten in the coming months, while feeder cattle set a contract high, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 1.67 million cattle were […] Read more
U.S. livestock: Cattle futures gain
Medium-, long-term supplies tighten
Chicago | Reuters — CME feeder cattle futures firmed on Friday, bolstered by lower corn and wheat markets that may translate into eased feed costs, traders said. CME live cattle also gained and are expected to firm next week as the trade digests the U.S. Department of Agriculture’s monthly cattle on feed report released after […] Read more
U.S. livestock: Live cattle up on export demand
CME lean hog futures mixed
Chicago | Reuters — CME cattle futures firmed on Thursday, supported by strong export demand for U.S. supplies, traders said. Hog futures were narrowly mixed, with the nearby contract firm on good weekly exports while deferreds eased on technical selling. CME August lean hog futures gained 0.075 cents to 106.65 cents/lb., while most-active October dipped […] Read more
U.S. livestock: CME cattle, hog contracts end firm
Chicago | Reuters — CME cattle and hog futures rose on Wednesday, supported by concerns about near-term supplies, traders said. Analysts were expecting a U.S. Agriculture Department report on Friday to show that the number of cattle on feed as of July 1 was 99 per cent of the year-earlier amount. Placements during June were […] Read more
German hog market shrugs off swine fever discovery on farms
Hamburg | Reuters — German pig prices were unchanged this week despite the discovery of the disease African swine fever in farm animals, German animal farmers’ association VEZG said on Wednesday. German pig prices were the same as last week at 1.42 euros (C$2.10) per kilogram slaughter weight, the VEZG said. A third case of […] Read more
U.S. livestock: CME lean hogs firm on strong pork demand
October live cattle follow beef prices lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained on Tuesday on short-covering and continued firmness in the wholesale pork market, traders said. “August seems like its anchored by what’s going on in the cutout,” said Altin Kalo, economist at Steiner Consulting Group. “They’ve been surprised by the strength in the pork cutout.” […] Read more
U.S. livestock: CME feeder cattle firm on tighter supplies
October hogs down on supply expectations
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures climbed on Monday, as supplies tightened in the northern U.S. Plains, traders said. “You’ve got a lot of empty yards,” said Scott Varilek, broker at Kooima Kooima Varilek Trading Inc. “We don’t have a lot of large supplies, large runs. You’re going to have to […] Read more
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