Hogs futures climb as US cold may hinder supply

Hog futures rallied to the highest price since July on speculation that cold weather is disrupting the movement of animals. Cattle were little changed.

Temperatures in parts of southern Minnesota reached minus 10 degrees to minus 15 degrees Fahrenheit (minus 23 to minus 26 Celsius) this week, and parts of Iowa were at zero to minus 5 degrees, Joel Widenor, a vice president for Commodity Weather Group LLC in Bethesda, Maryland, said in a telephone interview.