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Cash hog prices mixed on Monday

At the Chicago Mercantile Exchange, live and feeder cattle were lower on profit-taking.  Feeders had additional pressure from the higher move in corn. February live cattle closed $1.37 lower at $197.40 and April lives closed $1.27 lower at $198.20.  March feeder cattle closed $1.50...

Productivity increases continue in U.S. hog production

U.S. hog producers continue to increase productivity. The USDA says there were 75.8 million hogs and pigs in the U.S. on December 1st, an increase of 1% from a year ago.  Breeding inventory was up slightly from last year, but down a percent from...

Hog futures supported by higher pork values

At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were higher ahead of the week’s direct business.  Feeders had additional support from the lower move in corn and concerns about availability.  December lives closed $.27 lower at $186.50 and February lives closed...

Hog futures supported by cash business

At the Chicago Mercantile Exchange, live cattle were mostly higher, and feeders were higher ahead of the week’s direct business and Friday’s On Feed numbers.   December live cattle were down $0.27 at $186.30 on February lives were down $.07 at $187.92.  January feeder cattle...

Hog futures pressured by overbought signals

At the Chicago Mercantile Exchange, live and feeder cattle were mostly higher ahead of the week’s direct business.  December live cattle closed $.30 lower at $184.77 and February live cattle closed $.02 higher at $185.95 and January feeders closed $.07 lower at $242.35 and...

More stable hog market

A swine lending specialist anticipates more stability in the hog market going into 2025. Daryl Timmerman with Compeer Financial also serves as president of the Minnesota Pork Producers Association. “As we look forward, certainly profitability is more stable. It’s still going to be a...

Cattle, hog futures lower Tuesday

At the Chicago Mercantile Exchange, live and feeder cattle were sharply lower on overbought signals, waiting for direct business.  December live cattle closed $1.40 lower at $186.52 and February live cattle closed $1.30 lower at $187.40.  November feeder cattle closed $3.10 lower at $246.47...

Cattle, hog futures lower at midweek

At the Chicago Mercantile Exchange, live and feeder cattle were lower ahead of the week’s direct business.  December live cattle closed $.65 lower at $187.22 and February live cattle closed $.77 lower at $188.17.  November feeder cattle closed $1.62 lower at $248.67 and January...

Cattle, hog futures mostly higher to start the week

At the Chicago Mercantile Exchange, live and feeder cattle were mostly higher on spread trade ahead of the week’s direct business.  December lives closed $.02 higher at $187.02 and February lives closed $.35 higher at $188.30.  November feeders closed $.12 lower at $249.15 and...

Cattle, hog futures mixed to end the week

At the Chicago Mercantile Exchange, live and feeder cattle were mixed, watching direct business finish out the week. October live cattle closed $.35 lower at $183.75 and December lives closed $.35 lower at $184.47.  October feeder cattle closed $.15 higher at $247.07 and November...

Hog inventory up slightly, pork demand remains crucial

A livestock economist says the slight year-over-year increase to the U.S. hog herd could pressure producer profitability. Iowa State University’s Lee Schulz says there are modest profits in the industry right now and that should continue for the next few months.  “But getting into...

U.S. hog herd up slightly on year

The USDA says there was a slight year-to-year increase in the U.S. hog herd. The hog and pig inventory of 76.48 million head on September 1st was fractionally larger than last year, with a 1% increase in market hogs to 70.437 million head canceling...
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