(CMEGroup.com)

U.S. livestock: Lean hogs hit three-week high as cash prices stabilize

Chicago | Reuters — U.S. lean hog futures jumped as much as two per cent on Wednesday, lifted by stabilizing cash prices and ideas the market may have bottomed out after hitting six-year lows earlier this month. Live cattle futures and feeder cattle also were higher in light-volume trading at the Chicago Mercantile Exchange ahead […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

Pork prices set to soften, analyst says

CNS Canada — As the North American barbecue season winds down for another year, so too goes some strength in the pork market. For instance, cash slaughter-weight hogs in Saskatchewan, based on the Maple Leaf Signature #3 contract, averaged $162.55/cwt last week, down $7.95 (4.7 per cent) per 100 kg, according to Brad Marceniuk, a […] Read more