Prices of pork, beef in the US fell

Published 2021년 12월 22일

Tridge summary

The article reports a decrease in the prices of live hogs and bulls for February and April 2021, with the USDA quoting pork prices at 86.49 USD/cwt, an increase from December 17, 2021. Wholesale canned beef prices have also fallen. There are concerns about U.S. cattle due to a storm, and in Canada, an 8.5-year-old beef cattle in Alberta has been found to have spongiform encephalopathy (BSE), with the affected beef being removed from the food chain.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The most active price of live hog for delivery in February 2021 decreased by 1,325 cents/Lb to 79,475 cents/Lb, while the price of live hog delivered in April 2021 decreased by 1,275 cents/Lb to 83.5 cents/Lb. The US Department of Agriculture (USDA) quoted the price of pork in the US at 86.49 USD/cwt, up 0.67 USD/cwt compared to December 17, 2021. The price of live bulls for delivery in February 2021 on CME dropped 0.45 cents/Lb to 135.975 cents/Lb; delivery price in March 2021 decreased by 1.2 cents/lb to 160,500 cents/lb. According to the USDA, wholesale canned beef prices also fell, with premium grade beef down $0.63/cwt to $262.38/cwt and regular grade down $2.39/cwt to $250.67 USD/cwt. Experts say there is some concern that U.S. cattle will be affected by a devastating storm, with winds gusting more than 161 km/h, to parts of the Plains in mid-December. In Canada, authorities have reported a case of ...

Source: Vinanet