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CME December 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures firm on technical buying

Cattle futures close mostly lower

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for the second day in a row on Thursday, with technical buying supporting prices following the market’s bounce from a 10-month low on Wednesday, traders said. CME December lean hog futures settled up 1.275 cents at 77.775 cents/lb. (all figures US$). Front-month October hogs […] Read more
CME October 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs up off 10-month low on bargain-buying

Live cattle also up on technical buying

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday on bargain buying, a day after the benchmark December contract fell to a 10-month low, traders said. CME December lean hog futures settled up 2.075 cents at 76.5 cents/lb. (all figures US$). Front-month October hogs ended up 3.8 cents, at 90.8 […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Demand fears cause feeder cattle market volatility

Barley values continue upward

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Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $4 higher to as much as $6 lower. Strength was noted in the eastern Prairie regions while the market was softer in Alberta. Western Canadian calves were extremely volatile, trading $5 higher to as much as $10 lower in some cases. It’s not uncommon for markets […] Read more
CME December 2022 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and brown lines, right column) and CME cash Lean Hog Index (black line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs, live cattle retreat on technical selling

Funds net long in hogs, cattle

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange benchmark December lean hog futures fell about four per cent on Tuesday, hitting a 10-month low on technical selling and worries about consumer demand for meat, traders said. Brokers shrugged off strength in outside markets including crude oil and Wall Street equity markets, which firmed as fears eased […] Read more
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs up on technical buying, short-covering

Recession worries still loom large

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle, feeder cattle and lean hog futures strengthened on Monday on technical buying and short covering, after recent selloffs were overdone, brokers said. Concerns about the risks for a global recession, which could reduce demand for beef, continued to hang over livestock markets, brokers said. Wall Street […] Read more
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle lower, underpinned by tight supply

October lean hogs also lower

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Reading Time: < 1 minute Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange eased on Friday, pressured by softening cash trade across the U.S. Plains, though markets remain supported by tightening supplies as producers continue to liquidate their herds, analysts said. “Our short-term supply issues are still front and centre. We’re running two-three per cent […] Read more
(DusanPetkovic/iStock/Getty Images)
Livestock

Saskatchewan, Manitoba to boost vet college seat quotas

Each province adding five subsidized seats at WCVM

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Reading Time: 3 minutes Updated, Sept. 30 — With livestock producers’ needs at top of mind, 10 more student seats at the Western College of Veterinary Medicine at the University of Saskatchewan will be spoken for starting next year. The college and the Saskatchewan and Manitoba governments on Thursday announced the two provinces will each step up their funding […] Read more
CME December 2022 lean hogs (candlesticks) with 20-day moving average (pink line, right column) and CME cash Lean Hog Index (purple line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME December hogs ease

U.S. hog herd shrinks; cattle futures firm

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Reading Time: 2 minutes Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange eased on Thursday ahead of the U.S. Agriculture Department’s quarterly hog and pigs report, released after the market closed. CME October hogs firmed 0.75 cent at 89.45 cents/lb., but most-active December hogs fell 0.1 cent to 75.725 cents/lb. (all figures US$). […] Read more
CME December 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME December hogs extend slide on long liquidation

Cattle futures down on demand concerns

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Reading Time: 2 minutes Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange continued their slide on Wednesday, hitting a nine-month low on recession worries and long liquidation. CME October hogs ended up 0.675 cent at 89.375 cents/lb. (all figures US$). But most-active December hogs fell 0.425 cent to settle at 75.825 cents/lb. after […] Read more

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