
Tag Archives Florence

U.S. livestock: CME lean hogs, cattle rise on month-end buying
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Friday, with the most-active December contract jumping more than four per cent on short-covering at the end of the month and quarter, traders said. CME October hogs settled up 0.875 cent at 62.175 cents/lb. and December rose 2.45 cents at 57.925 (all figures […] Read more

U.S. livestock: Hog futures widely mixed on spreading
Chicago | Reuters — U.S. lean hog futures were widely mixed on Thursday, with nearby contracts gaining on the back of higher hog prices in cash markets while deferred futures contracts lost ground, traders and analysts said. Cattle futures, both live and feeder, continued to decline as traders locked in profits following the six-month highs […] Read more

U.S. livestock: Hog futures near three-month high
Chicago | Reuters — U.S. lean hog futures climbed to a nearly three-month high on Wednesday, boosted by gains in cash hog markets, before futures trimmed gains to finish the session mixed. Cattle futures were nearly flat on the Chicago Mercantile Exchange, in technical trading as dealers awaited a monthly U.S. Department of Agriculture cattle […] Read more
World crop briefs: North Carolina losing crops, livestock to Florence
CNS Canada — Record-setting rain and floods in North Carolina caused by Hurricane Florence have destroyed the state’s poultry sector with 3.4 million chickens and turkeys reported killed. Pig losses are estimated at 5,500. Widespread power outages and flooded roads are making it difficult to get help to abandoned livestock operations. The state is home […] Read more

U.S. livestock: Hogs jump on gains in cash hogs, pork prices
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged over four per cent on Tuesday, rising to the highest levels in three months on support from gains in prices for hogs in cash markets and wholesale pork, traders said. A lower U.S. hog slaughter in recent days due to Hurricane Florence limited pork […] Read more

Florence shuts down U.S. slaughterhouses
Chicago/Los Angeles | Reuters — U.S. food companies kept slaughter plants shut on Monday in southeastern states swamped by Hurricane Florence as flash floods collapsed the walls of at least two hog manure pits, made roads undriveable and delayed rail shipments. Catastrophic flooding from Hurricane Florence, which has dumped up to 36 inches of rain […] Read more

U.S. livestock: Hogs drop as large pork plants in Florence’s path
Chicago | Reuters — U.S. lean hog futures fell sharply on Tuesday as a powerful hurricane roared toward the U.S. East Coast, threatening hog production in the Carolinas, home to some of the country’s largest packing plants. Pork producer Smithfield Foods said it will be shuttering two of its hog plants in North Carolina on […] Read more

U.S. farmers rush to clear crops but animals stay in Florence’s path
Chicago | Reuters — As powerful Hurricane Florence advanced toward the southeastern U.S., farmers in North Carolina rushed to harvest corn and tobacco and stock up on pig rations, while the danger of sustained rain and deadly flooding threatened a state where millions of farm animals are housed. “The governor said that North Carolina is […] Read more

U.S. livestock: Lean hogs slip from three-week highs
Chicago | Reuters — U.S. lean hog futures settled mostly lower on Monday as early support from a swine fever outbreak in Asia and a hurricane off the U.S. East Coast faded and the market retreated from three-week highs. Technical selling in the overbought hog futures market added pressure. “The market is running out of […] Read more
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