Chicago | Reuters — The cost to produce a BLT, America’s favorite summer sandwich, hit a record high of US$1.65 in May and will continue to take a bigger bite […] Read more
BLT costs harder to swallow with U.S. pig virus, drought
U.S. livestock: CME live cattle futures drop as funds roll positions
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday settled lower as funds rolled their positions by selling the August contract and buying deferred months, traders said. […] Read more
U.S. livestock: Record-high cash prices boost CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday settled up sharply, supported by slaughter-ready or cash prices that hit all-time highs, traders said. Cash cattle in […] Read more
U.S. livestock: Cash price outlook rallies CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle on Tuesday recovered from Monday’s losses, supported by anticipation of steady-to-better prices for market-ready or cash cattle as beef prices set […] Read more
U.S. livestock: CME hogs jump as virus takes big toll on U.S. herd
Chicago | Reuters — Chicago Mercantile Exchange hog futures closed sharply higher on Monday, with most months up the three-cent daily price limit as investors covered short positions after learning […] Read more
PEDv shrinks March-May U.S. hog herd more than expected
Reuters — The U.S. hog herd shrank more than anticipated in the March-May quarter as a deadly pig virus swept through farms, a U.S. Department of Agriculture report showed on […] Read more
U.S. livestock: CME hogs up on short-covering before USDA report
Chicago | Reuters –– Chicago Mercantile Exchange hog futures closed higher on Friday, supported by short-covering and positioning before the U.S. Department of Agriculture’s quarterly hog report at 2 p.m. […] Read more
U.S. livestock: Cash price outlook lift CME live cattle to record high
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday hit their highest level ever in anticipation of strong prices for market-ready, or cash, cattle led by record-high […] Read more
U.S. livestock: Profit-taking drags down CME hog futures
Chicago | Reuters — Chicago Mercantile Exchange hog futures fell hard on profit-taking after spiking to a new high driven by record-high wholesale pork values and strong prices for slaughter-ready […] Read more
U.S. livestock: Strong cash, pork prices push CME hogs to new high
Chicago | Reuters — Chicago Mercantile Exchange hog futures soared to a new high on Tuesday after tight supplies forced packers to hike bids for market-ready animals, traders said. CME […] Read more