Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures hit new contract highs on Monday, as tight U.S. supplies going into next year continued to fuel the bull market, traders said. Even Chicago Mercantile Exchange’s October and December live cattle futures surged within $1 of their contract highs, fueled by optimism […] Read more
U.S. livestock: CME feeder cattle, deferred live cattle hit new highs
October lean hogs also close higher
U.S. livestock: CME feeder cattle, deferred live cattle set highs on tight supply
Hog futures down on lower export sales
Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures climbed to new peaks on Friday, as limited U.S. supplies continued to propel prices. Inventories of U.S. cattle dwindled to their lowest levels in decades after producers reduced their herds over the last year because drought reduced the availability of pastures for […] Read more
U.S. livestock: CME feeder cattle set contract high, live cattle hit July high
Hogs up but within yesterday's range
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to a July high on Thursday while feeder cattle set new contract highs. Tight supplies continue to support the markets, analysts said, after U.S. producers reduced their cattle herds over the last year as drought limited the availability of pastures for grazing. October live […] Read more
U.S. livestock: CME live cattle rally near four-week high
October hogs touch lowest in a week
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Wednesday to their highest level in nearly four weeks, while feeder cattle also stormed higher. U.S. cattle supplies are tight as drought reduced the amount of pasture available for grazing and drove producers to send more cattle to slaughter over the last year. […] Read more
Swine fever detected in Sweden for first time
Recent outbreak in Balkans spurred culls
Stockholm | Reuters — A dead wild boar in Sweden has tested positive for African swine fever, Sweden’s Veterinary Institute said on Wednesday, the first such case in the country. African swine fever is harmless to humans but is highly contagious and deadly in domestic pigs and wild boars. It has spread from Africa to […] Read more
U.S. livestock: CME lean hogs near one-month high on export outlook
CME cattle futures close lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures neared a one-month high on Tuesday on expectations for increased U.S. pork exports and tightening supplies. Demand for U.S. pork is benefiting as high pig prices in Europe cause global importers to shift some business to the United States, where pig prices have been weak, […] Read more
Farrowing heat pad firm to bring hog cooling pads to market
Manitoba's IHT to offer new system next spring
A Winnipeg-area company providing heating pad and lighting systems for hog barns is set to add a U.S.-developed line of hog cooling pads to its product lineup. IHT (Innovative Heating Technologies) Group announced Thursday it will make and sell a line of water-cooled pads that use a patented system designed at Purdue University in Indiana, […] Read more
U.S. livestock: CME live cattle ease on softer cash markets
Trade watching for increased demand for hogs
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Friday, ending the week slightly lower as cash trade eased, though the cattle market continues to trade mostly sideways, analysts said. “The market’s basically saying — we’ve got stable trade right now for a couple months,” said Rich Nelson, chief strategist at Allendale […] Read more
U.S. livestock: CME live cattle up ahead of long weekend
Lean hogs follow cash hog index lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ticked upward Thursday, while packers backed off of buying ahead of the Labour Day holiday week that will limit slaughter, analysts said. “There was some light trade today, slightly lower than last week,” said Doug Houghton, technical analyst at Brock Capital Management. “I don’t know […] Read more
U.S. livestock: Lean hogs climb as traders eye seasonal supply shifts
Cattle futures down ahead of long weekend
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Wednesday, finding support as traders gauged pork demand and watched for signs of a seasonal influx of market-ready hogs. “We still have an index that’s higher than the October. It usually doesn’t close the gap until we get into September a week or […] Read more
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