Live Hog Prices Per Pound

Picture of Live Hog Prices Per Pound

By Michael Hirtzer CHICAGO, Oct 31 (Reuters) - Chicago Mercantile Exchange live cattle and lean hog futures rose to life-of-contract highs on Tuesday, lifted by investment fund buying linked to optimism that meat prices will continue to rise, traders said. Speculative investors who already were holding massive net long positions in cattle and hog futures added to those bets, with hogs jumping 4 percent and cattle rising to the highest levels since June.

"Funds looked at this thing and decided this was an opportunity to jump into the pool," CHS Hedging analyst Steve Wagner said. Most-active CME December live cattle was sharply higher for the second straight session, settling up 2.225 cents to 125.625 cents per pound, off the contract's earlier lifetime peak of 125.900 cents. The October cattle contract expired at midday up 0.

925 cent at 120.500 cents. The U.S. Department of Agriculture's choice boxed beef cutout, which tracks beef deals in the wholesale market, was up $3.12 to $206.44 per cwt. Beef packers on Friday paid sharply higher prices to buy cattle from feedlots in the U.S. Plains to take advantage of the higher meat prices that boosted their profit margins - and those gains in the cash market last week carried over into the futures market this week.

Weekly data on Friday from the Commodity Futures Trading Commission showed large speculators, a category that includes hedge funds, expanding their net longs in livestock contracts. CME January feeder cattle futures on Monday finished up 2.225 cents at 159.575 cents per pound after reaching a contract high of 160.300 cents. Feeders also were supported by weakening corn futures , which reduced feed costs and can increase demand for cattle from feedlots that fatten the animals to slaughter weight.

CME December hog futures finished up 2.825 cents to 68.000 cents per pound, and hog futures on a continuous chart notched their biggest percentage gains since Oct. 3. Supplies of U.S. cattle, hogs and poultry were abundant and the recent run-up in cattle and hog futures was largely tied to demand, Wagner said. "Cash hogs have had an impressive run," he added. "All things being equal, futures feel like they have to catch up.

" USDA data released after the close showed cash hogs in the top market of Iowa and southern Minnesota were down 44 cents to $64.21 per cwt while wholesale pork eased 3 cents to $78.54 per cwt. (Reporting by Michael Hirtzer; Editing by Dan Grebler) Our Standards:The Thomson Reuters Trust Principles.

See Also: Sterling Silver Charms Wholesale

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Hog Heaven Catering Services HOG HEAVEN Catering is great for: Corporate Parties Wedding Receptions Birthdays Backyard Barbecues YOU NAME IT! Big or Small, We Want 'em AllWe can customize your menu choices!Call our Main Office @ 330.878.7549Prices Effective 5/24/17Hog Heaven Catering Prices Feasts (3 day notice required for all feasts) $22.25/person- Grand Champion Feast with Ribs (choice of 2 meats and 2 sides plus ribs) $19.

75/person- Grand Champion Feast (choice of 3 meats and 2 sides) $19.25/person- Reserve Champion Feast with Ribs (choice of 1 meat plus ribs and 2 sides) $16.75/person- Reserve Champion Feast (choice of 2 meats and 2 sides) Meat choices- Pulled Pork, Pulled Chicken, Chicken Breasts, Beef Brisket, Chicken Quarters (choose 2 or 3) Side choice A- Baked Beans, Green Beans, Coleslaw, Rice Pilaf, Cajun Rice, Applesauce, Veggie Medley (choose 1) Side choice B- Potato Salad, Macaroni Salad, Mac & Cheese, Cheesy Potatoes, Mashed Potatoes and Gravy, Roasted Sweet Potatoes, Baked Potato (choose 1) ALL Feasts include a salad for each guest, 2 sauce choices for the meats, your choice of cornbread, dinner rolls or sandwich buns along with full place settings that include disposable, fork, knife and spoon, napkin, salt, pepper, disposable dinner plate and salad bowl.

 Beverage service also included with your choice of 2 between Lemonade, Iced Tea, and Sweet Tea. 18% service fee added for full service which includes delivery up to 100 miles and chaffer rentals and all setup and service staff. (Full service fee minimum charge- $150) Party Packs- Perfect for Birthdays, the Big Game, or just about any occasion $549.99 - Large (Feeds approx. 60 people)             12# Pulled Pork             10 Full Racks of Ribs             150 Wings- 3 Flavors             28 Chicken Breasts BBQ'd- cut in half             1/2 Gallon of BBQ Sauce             5 Dozen Slider Buns $239.

99 - Small (Feeds approx. 25 people)             5# Pulled Pork             5 Full Racks of Ribs             50 Wings             10 Chicken Breasts BBQ'd- cut in half             1/2 Gallon of BBQ Sauce             2 Dozen Slider Buns Add some sides to your Party Pack to make it a meal. We suggest adding 8lbs. to your small Party Pack or 18lbs.

to your large Party Pack. Side choices and prices are listed below. Meat By The Pound (Approximately 4 Servings Per Pound)$11.00 lb. - Our Famous Pulled Pork$11.00 lb. - Pulled Chicken$13.50 lb. - Beef Brisket (Comes lightly sauced)Does not include BBQ sauce or bunsSauce$4.99 - 12oz. BBQ - Serves 6$14.99 - 1/2 Gallon BBQ - Serves 32$5.99 - 12oz. Hot - Serves 6$19.99 - 1/2 Gallon Hot - Serves 32Buns$3.

50 - Small Buns - Dozen$9.00 - Kaiser Buns - Dozen$3.50 - Slider Buns - Dozen Ribs - St. Louis Style$17.99 - Full Rack of Ribs - Serves Approximately 2$11.99 - Half Rack of Ribs - Serves Approximately 1SandwichesHog Sandwich - Includes Pork, Bun and Sauce$4.50 - Small 4oz.$7.00 - Large 8oz.Pulled Chicken Sandwich - Includes Chicken, Bun and Sauce$4.50 - Small 4oz.$7.00 - Large 8oz.BBQ'd Chicken Breast Sandwich - Includes Chicken, Bun and Sauce$7.

00 - Large 6oz. BreastBBQ'd Beef Brisket Sandwich - Includes Beef, Bun and Sauce$4.75 - Small 4oz.$7.50 - Large 8oz.Hamburger - Includes Bun and Condiments$5.00 - Small 4oz.$7.00 - Large 8oz.Other Meats$5.00 - BBQ'd Boneless Chicken Breast - 6oz.$8.50 - BBQ'd Half Chicken - Can Be Quartered For Additional $.50$6.00- BBQ'd 1/4 White Chicken$5.00 - BBQ'd 1/4 Dark Chicken$5.50 - BBQ'd Pork Loin Chop - 6oz.

$4.00 - Bratwurst - Includes Bun$2.75 - Hot Dog - Includes Bun and CondimentsWings - Boneless or TraditionalWing Flavors: Hot, Medium, Extreme, Spicy Garlic, BBQ, Honey Mustard, Hot BBQ, Mississippi Mash, Cajun, Old bay, Sweet & Spicy, Cajun BBQ, Sweet Chili, Honeyque$74.99 - 100 Wings$44.99 - 50 WingsSides By The Pound$4.75 lb. - Serves Approx 4Coleslaw, Baked Beans, Cajun Rice, Rice Pilaf, Applesauce, Corn, California Medley$6.

75 lb. - Serves Approx 3 (items marked with an * require a 4lb. minimum)Mashed Potatoes & Gravy, * Macaroni Salad, Potato Salad, * Cheesy Potatoes, * Baked Rigatoni,    * Scalloped Potatoes, * Green Bean Casserole, Mac and Cheese$2.25 ea. - Tossed Salad - Lettuce, tomato, green pepper, onion, black olives, cheese, and dressing Appetizers and Extras$19.00 lb. - Shrimp By the Pound w/Cocktail Sauce$2.

25 ea. - Chicken Sticks (2oz.) w/Sauce$1.50 ea.- Hogballs (Meatballs-Large) w/Sauce$78.00 - Meat & Cheese Tray Serves 18-24$60.00 - Cheese & Crackers Tray Serves 15 - 20$42.00 - Vegetable Tray Serves 20 - 25$7.5 per lb. - Fruit by the Pound (4lb. minimum order)$16.00 - Cornbread - 24 pc.$4.80 doz. - Dinner Rolls with Butter$20.00 - Gallon of Ranch or Bleu Cheese$3.00 - 8oz. Ranch or Blue Cheese Dressing$5.

50 - 16oz. Ranch or Blue Cheese DressingDesserts$54.00 - Cookie Trays - 7 Dozen - Mixture of Chocolate Chip, Peanut Butter, Oatmeal, Sugar etc.$30.00 per Cake - NY Cheesecake Cake with Cherries$35.00 per Cake - Buckeye CakeBeverages$1.00 ea. - Canned Soda or Bottled WaterOther beverage options are available and can be discussed by request.$10.00 per Gallon - Iced Tea$8.00 per Gallon - Lemonade$16.

00 per Gallon - CoffeeCatering Extras$100.00- Grill Charge - If Grilling On Site Is Requested$15.00 - Chaffer Pan Rental For Full Service$1.40 - Full Place Setting - Disposable Knife, Fork and Spoon, Napkin, Salt and Pepper, and PlateUtensils You Can Keep$2.50 - Tongs$2.00 - Serving Spoons$18.00 - Chaffing PansFull Service ChargePrice Figured at 18% of Total Bill  (Min. charge $150)Delivery Charges$1.

00 per Mile - Round TripThanks for letting us cater your special event. If you were thinking about an item that is not on our catering menu please let us know and we will do all we can to fulfill your request. 

Hazel Gordon

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