US hog futures close lower - CME

Jul 17, 2023

Chicago Mercantile Exchange (CME) live cattle futures turned lower on Wednesday on a round of profit-taking after most months climbed to life-of-contract highs, with a seasonal downturn in beef prices adding to bearish sentiment, Reuters reported, citing traders.

Most-active August live cattle futures settled down 1.950 cents at 176.875 cents per pound, retreating after rising to a contract high of 181.175 cents. October cattle ended down 1.475 cents at 180.250 cents after peaking at 184.350 cents.

August feeder cattle futures settled down 0.575 cent at 246.575 cents per pound, turning lower after rising to a contract high at 251.300 cents.

In the boxed beef market, the US Department of Agriculture prices choice cuts at $310.98 per hundredweight (cwt), down $1.14 from Tuesday and the lowest since June 2.

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Video: Causal Impact Of PRRS Dosing - Dr. Edison Magalhaes

In this episode of The Swine Health Blackbelt Podcast, Dr. Edison Magalhaes from Iowa State University presents findings from a large-scale retrospective cohort study evaluating the causal impact of full-dose PRRS immunization on nursery mortality. Using production data and advanced analytical methods, he explains how confounding factors changed the interpretation of results and highlights practical lessons for veterinarians and producers making data-driven decisions. Listen now on all major platforms!

Click here to read the full research article: https://pmc.ncbi.nlm.nih.gov/articles...

"Raw production data can mislead immunization decisions when confounding factors hide the real value of full-dose PRRS protocols."

Meet the guest: Dr. Edison Magalhaes / edison-magalhaes-9b37b812a is an Assistant Professor in the Department of Animal Science at Iowa State University and holds degrees in Veterinary Medicine, Business Administration, and advanced training through MSc and PhD programs. His research applies data science and epidemiological methods to large scale swine production systems, helping transform production records into practical decisions for health and performance. Listen to The Swine Health Blackbelt Podcast featuring Dr. Edison Magalhaes on all major platforms.