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U.S. livestock: Live and feeder cattle futures slip

Thursday's cold storage data seen as disappointing

Reading Time: < 1 minute Chicago | Reuters — U.S. live and feeder cattle futures closed lower on Friday after disappointing cold storage data the previous day and ahead of the U.S. Department of Agriculture’s cattle on feed report in the afternoon. Lean hog futures also dropped, as backups continue at slaughter facilities, traders said. The nearby CME live cattle […] Read more


U.S. livestock: Hogs, live cattle gain against cash markets

Cold storage meat supplies down slightly, USDA says

Reading Time: < 1 minute Chicago | Reuters — U.S. live hog futures gained on Thursday on short-covering as contracts strengthened against cash markets, traders said. CME live cattle futures firmed, while feeder cattle dipped ahead of Friday’s U.S. Department of Agriculture cattle on feed report. The nearby CME June lean hogs gained 2.475 cents, to 59.35 cents/lb., while the […] Read more

JBS resumes second shift at Alberta beef plant

Out of 650 COVID cases at plant, 11 are 'active'

Reading Time: 2 minutes Meat giant JBS’s Alberta beef packing plant has resumed two daily shifts as of Thursday, as fewer than a dozen of its 2,600-plus employees are now sidelined by COVID-19. The JBS plant at Brooks, about 170 km east of Calgary, is “slowly returning to two shifts as of today,” the company said Thursday in a […] Read more


President’s cattle call finds expected marks in U.S.

Trump suggests killing trade pacts with unnamed cattle-exporting nations

Reading Time: 3 minutes U.S. President Donald Trump’s remarks Tuesday about imports of live cattle into the United States resonated predictably among that country’s various cattle producer groups. At a White House event Tuesday, flanked by U.S. farm and ranch leaders and Agriculture Secretary Sonny Perdue for a multi-billion-dollar COVID-19-related farm aid announcement, Trump said he “read yesterday where […] Read more

U.S. livestock: Live cattle futures slip as slaughter rises

CME lean hog futures firm

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures fell on Wednesday, as cattle continue to back up, despite slaughter plants’ coming back online, traders said. CME lean hog futures firmed despite rising kill numbers, as social distancing rules in plants keep slaughter below normal rates. The nearby CME June live cattle futures contract settled down […] Read more


U.S. livestock: Hog futures fall

Live cattle futures firm while slaughter numbers rise

Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures fell on Tuesday, pressured by an increase in daily slaughter totals as pork plants come back online, traders said. CME live cattle futures firmed despite rising kill numbers, with the most-actively traded contract passing through a key technical benchmark. The nearby CME June live cattle futures contract settled […] Read more

Trump floats halt to U.S. cattle imports as pandemic hurts ranchers

'We have a lot of cattle in this country'

Reading Time: 3 minutes Washington/Chicago | Reuters — U.S. President Donald Trump said on Tuesday the United States should consider terminating trade deals under which it imports cattle as he looks to help U.S. ranchers hit hard by the coronavirus outbreak. The United States imports cattle from Mexico and Canada to supplement domestic supplies at lower prices and to […] Read more


Klassen: Feeder market jumps on renewed optimism

Weekly slaughter pace improving

Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle over 800 lbs. traded $8-$10 higher while lighter weight categories were up $4 to as much as $12 in some cases. Feeder cattle under 800 lbs. were very well bid across the Prairies; feeder cattle under 700 lbs. are now trading at prices similar to late February, […] Read more

U.S. livestock: Live cattle book third day of gains

CME to change cattle futures trading rules

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures rose for the third day in a row on Monday, hitting their highest since April 1, with ongoing strength in the cash markets leading the way higher, traders said. Hog contracts were lower, with the front-month contract sinking to its lowest since April 29. The nearby CME […] Read more