CME live cattle LEJ24 on Jan. 29 with Bollinger bands. (Barchart)

U.S. livestock: CME cattle futures ease on profit-taking after 2-1/2-month peak

Lean hog futures ended modestly higher; firm cash hog prices lent support

CME April live cattle futures LCJ24 settled down 0.450 cent at 181.225 cents per pound, retreating after rising to 183.450 cents, the contract's highest point since Nov. 7. Last week's firm cash cattle prices and technical buying underpinned the market, traders said.

On many hog farms sows are kept in individual stalls or small metal pens when they are pregnant because they can be aggressive. Animal welfare groups argue that sow stalls are inhumane because the sows cannot turn around or express natural behaviours.

California law worries provincial pork industry

Locals will have to follow Prop 12, weakening CUSMA agreement, says industry leader

Reading Time: 4 minutes A leader in Alberta’s pork industry is concerned about the precedent California’s Proposition 12 may set in agricultural trade between Canada and the U.S. Prop 12, which became law Jan. 1, stipulates that sows supplying the state’s consumers must be grouped in housing that provides a minimum of 24 square feet per sow. For Darcy […] Read more