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: PRRS Eradication Strategies - Dr. DeBuse and Dr. Tousignant

In this episode of The Swine it Podcast Show, Dr. Neil DeBuse from Kalmbach Feeds and Dr. Steve Tousignant from Vaxxinova US discuss PRRS management strategies, recombination risks, whole genome sequencing, and the role of autogenous immunization programs in swine systems. They highlight practical approaches to improving immunity, reducing outbreaks, and advancing PRRS control across production systems. Listen now on all major platforms!

"Being PRRS negative sooner is a real key for eradication because every additional positive week increases production losses and viral exposure risks." - Dr. Neil DeBuse

Meet the guest: Dr. Neil DeBuse is a veterinarian at Kalmbach Feeds with more than 30 years of experience in swine health and production. His work focuses on PRRS control, biosecurity, immunity, and improving production stability across commercial swine systems in the United States and internationally.

Dr. Steve Tousignant is Director of the Swine Business Unit and Technical Services Veterinarian at Vaxxinova US, with a DVM and PhD from the University of Minnesota. His experience combines epidemiology, technical services, and practical immunization strategies designed to support consistent herd performance and long-term production stability. Don’t miss the chance to be part of the Swine Inner Circle!