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: Managing Severe PRRS Outbreaks - Dr. Claire Mtezankuni

In this episode of The Swine it Podcast Show Canada, Dr. Claire Mtezankuni, Swine Veterinarian at Carthage Veterinary Service, discusses the growing severity of PRRS outbreaks in sow farms. She explains how respiratory disease and sow mortality are changing outbreak response, why necropsies and bacterial cultures can guide treatment, and how vaccination, biosecurity, pain management, and clear team communication support recovery and elimination. Listen now on all major platforms!

“Emerging PRRS strains can produce severe reproductive and respiratory disease simultaneously, creating substantial health challenges across sow farms during acute outbreaks.”

Meet the guest: Dr. Claire Mtezankuni / claire-mtezankuni-2529b1b3 is a Swine Veterinarian at Carthage Veterinary Service in Illinois, where her work includes commercial farm veterinary leadership, herd health, disease elimination, and veterinary internship coordination. She holds a DVM from the University of Wisconsin–Madison and a Master of Veterinary Science in Livestock Systems Health from the University of Illinois Urbana-Champaign. Learn more from Dr. Claire Mtezankuni on The Swine it Podcast Show Canada, available on all major platforms.