(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle tumble as USDA report rallies corn

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures fell sharply on Thursday as a rally in the corn market sent feeder cattle tumbling and as weak cash cattle prices and rising supplies weighed on sentiment, traders said. The actively traded Chicago Mercantile Exchange June contract dropped by the three-cent-per-pound daily limit to settle at 102.575 […] Read more

U.S. livestock: Cattle, hogs mostly higher on bargain-buying

Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures were mostly higher on Wednesday, with both cattle and hogs recovering from recent lows on bargain buying and positioning ahead of government supply data, traders and analysts said. Most lean hog contracts jumped three per cent or more on the Chicago Mercantile Exchange after earlier notching lifetime lows. […] Read more


(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: CME hogs end mixed on positioning before USDA report

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled mixed on Tuesday after investors adjusted positions before the U.S. Department of Agriculture’s (USDA) quarterly hog report on Thursday, said traders. Analysts polled by Reuters, on average, estimated the U.S. hog inventory as of March 1 at 72.902 million head or 3.1 per cent […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feedlots struggle through adverse weather

Reading Time: 2 minutes Western Canadian yearling prices experienced a week-over-week decline of $5-$8 with some pockets deteriorating $10 to as much as $12. Adverse weather in southern Alberta has resulted in limited buying interest from main feedlot operators. Feedlot Alley has received 150-200 per cent of normal precipitation over the past 60 days. Snow and rain, along with […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle touch six-month low on big supply

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle tumbled to a six-month low on Monday as a glut of animals at U.S. feedlots fueled concerns about plentiful beef supplies into the fall, traders said. The U.S. Department of Agriculture reported after Friday’s market close that ranchers had placed 7.3 per cent more cattle in […] Read more



U.S. livestock: CME hogs slump again on cash prices, trade war threat

Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hogs fell on Friday for a second straight day, hit by recent cash hog price weakness and mounting worries about a potential trade war between the U.S. and China, traders said. Beijing said Friday it was considering imposing an additional tariff on U.S. products including an extra […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Trade war risk slams CME hogs

Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hogs hit a four-month low on Thursday as U.S. stocks plummeted amid fears of a potential trade war between the U.S. and China, said traders. On Thursday U.S. President Donald Trump signed a presidential memorandum that could impose tariffs on up to $60 billion of imports from […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cash prices extend CME live cattle losses

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle fell on Wednesday for a fifth straight session, weighed down by a burdensome supply outlook and cash prices that fell short of expectations, traders said. A few investors adjusted positions in advance of the U.S. Department of Agriculture’s (USDA) monthly Cattle on Feed report on Friday. […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle extend slide

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, extending their slide to four straight sessions on declining cash prices and expectations of rising cattle supplies in the next few months. Cash cattle traded lightly in Texas and Kansas, down $1 from last week’s trade, brokers said (all figures US$). “We […] Read more