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CME December 2022 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs end lower, consolidate after rally

December live cattle futures flat

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures pulled back on Tuesday as the market consolidated after climbing nearly five per cent during the previous session, brokers said. CME December hogs closed 1.475 cents, or 1.7 per cent, lower at 85.575 cents/lb. (all figures US$). Wholesale pork prices were also lower. The U.S. […] Read more
(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Tighter supplies underpin western Canadian feeder market

Weather conditions may sway buying interest

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Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were unchanged to $4 higher. Heavier calves notched a week-over-week gain of $2-$4. Mid-weight and lighter calves traded steady to $5 lower in Alberta but $4-$5 on either side of unchanged in Saskatchewan and Manitoba. Yearling numbers were limited and buyers paid up for quality packages while […] Read more
CME December 2022 lean hogs with 20-, 50- and 200-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs rally on bargain buying

Chicago live cattle firm

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped nearly five per cent on Monday on bargain buying after the benchmark December contract on Friday dipped to its lowest in nearly three weeks, traders said. CME December hogs settled up 4.075 cents at 87.05 cents/lb., surging in early moves after the contract was […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hog, live cattle futures sag in technical moves

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures declined on Friday, with the benchmark December contract hitting a near three-week low in what appeared to be featureless technical selling, traders said. CME December hogs LHZ2 settled down 0.400 cent at 82.975 cents per lb after touching 82.825, the lowest since Oct. 17, and falling below […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures sag on long liquidation; cash trade awaited

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Reading Time: 2 minutes Chicago | Reuters – U.S. live cattle futures on the Chicago Mercantile Exchange closed lower in range-bound trade on Tuesday as speculators exited long positions amid a lack of supportive news, traders said. CME December live cattle LCZ2 settled down 0.525 cent at 151.950 cents per lb but stayed inside of Monday’s trading range. January feeder cattle FCF3 finished […] Read more
Photo: Canada Beef
Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder cattle market experiences weather volatility 

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Reading Time: 2 minutes Compared to last week, Western Canadian yearling prices traded $3 to $4 on either side of side of unchanged while calves traded $5 lower to as much as $6 higher. The calf market tends to experience a seasonal bounce every November. In certain cases, buyers appeared to step forward more aggressively last week in anticipation […] Read more
Photo: iStock/Getty Images
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs bounce back from steep losses

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Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures settled higher on Friday in a recovery from sharp losses recorded in the previous session, while live cattle futures weakened for a second consecutive day. December lean hog futures LHZ2 ended up 0.975 cent at 86.100 cents per lb. The contract bounced after sinking by 3.375 cents […] Read more
Photo: ARS/USDA
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs touch one-week lows in pullback from gains

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Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell to their lowest prices in more than a week on Thursday in a setback from recent rallies, traders said. Live cattle futures also ended lower after the February contract LCF3 set a new high. The hog and cattle markets were overbought and due for corrections, traders […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle futures turn lower after setting contract highs

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Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle futures ended mostly lower on profit-taking on Tuesday as the market pulled back from contract highs, analysts said. The market consolidated after recent gains, though analysts said cash cattle prices are expected to strengthen this week. Most actively traded December live cattle LCZ2 ended 0.825 cent lower at […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Alberta feedlot backlog limits demand for feeder cattle 

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Reading Time: 2 minutes Compared to last week, Western Canadian yearling prices traded steady to $2 lower on average while calf markets were down $3 to $5. Feedlots in Alberta and Saskatchewan are backed up with significant numbers of market ready fed cattle which has set a negative tone for replacement cattle. Carcass weights are nearing historical highs. Barley […] Read more

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