Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday following a snapback in wholesale beef prices, traders said. December closed up 0.5 cent per pound at 167.75 cents, and February 1.175 cents higher at 169.575 cents (all figures US$). The morning’s choice wholesale beef price rose $1.70 per hundredweight (cwt) […] Read more
U.S. livestock: Beef quotes boost CME live cattle futures
U.S. livestock: CME hogs futures end higher with pork prices
Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Tuesday in response to the morning’s wholesale pork price bounce, traders said. December and February closed up 0.35 cent per pound at 89.9 cents and 89.45 cents, respectively (all figures US$). Tuesday morning’s wholesale pork price jumped $2.97 per hundredweight (cwt) from Monday […] Read more
U.S. livestock: Weather talk extends CME hog futures advances
Chicago | Reuters — Chicago Mercantile Exchange lean hogs contracts gained for a third straight session, partly on speculation that early wintry weather seeping into the U.S. Midwest could disrupt hog production, traders said. Heavy snowfall tends to snarl transportation of livestock while prolonged periods of extreme cold tend to slow animal weight gains and […] Read more
Alberta’s first positive PEDv test means increased vigilance
A positive test for PEDv and a second one for swine delta coronavirus were recorded at handling facilities, not farms
Reading Time: 4 minutes Two positive tests for porcine diseases in the province have experts reminding Alberta producers to enhance their biosecurity. A PCR test found porcine epidemic diarrhea virus (PEDv) in the office at a pig-handling facility — the first time the virus has been found in Alberta. A second test, also at a pig-handling facility, detected a […] Read more
Quebec turns up second case of PEDv in hogs
Quebec has confirmed its second instance of porcine epidemic diarrhea (PED) in hogs, this time at a feeding operation in the Monteregie district. Biosecurity measures have been ramped up “promptly” at the unnamed farm to avoid the spread of the PED virus (PEDv) to other hog operations, the provincial ag ministry said in a release […] Read more
U.S. livestock: CME live cattle, hogs finish strong for the week
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday, with December helped by its discount to prices for market-ready or cash cattle, traders said. December closed up 1.45 cents per pound at 166.8 cents, and February 1.825 cents higher at 168.375 cents (all figures US$). On Friday, cash cattle in […] Read more
U.S. groups suing FDA over ractopamine approvals
Chicago | Reuters –– A group of environmental and public health groups sued the U.S. Food and Drug Administration on Thursday, seeking to set aside the agency’s approvals for feed additives containing ractopamine that are used to boost the weight of cattle and pigs. The groups, in two related lawsuits filed in federal court, claim […] Read more
Ontario supports local pork branding program
The Ontario government has provided Ontario Pork with up to $2 million to encourage more consumers to eat and purchase Ontario pork. In a release, the government said this supports Ontario’s local food strategy helping to make more local food available in the province’s markets, schools, cafeterias, grocery stores and restaurants. It said that since 2003, […] Read more
U.S. livestock: CME live cattle futures end lower on weaker cash trade; hogs edge up
Chicago / Reuters – Chicago Mercantile Exchange live cattle ended lower on Friday, pressured by lower cash cattle prices and weaker overall commodities market, traders said. “The morning beef prices were not good, but commodities in general had a rough day and cattle aren’t immune to those changes,” said Dominic Varricchio, commodities broker at Schwieterman, Inc. CME live cattle futures […] Read more
Protein demand, fracking affecting grain prices
Commodity News Service Canada — The difficulty in getting American soymeal from processors to the end-user is just one symptom of a much larger problem facing the current market, said a noted industry-watcher at the Cereals North America conference in Winnipeg. “In the last two or three weeks, grain prices have been moving, everything is […] Read more
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