CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle futures extend winning streak

Front-month live cattle, feeders hit highest since 2015; lean hogs down

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose for the 11th session in a row on Monday, hitting their highest in more than seven years as tight supplies continued to fuel a rally. Strength in the cash market added to the gains in cattle futures. But surplus supplies weighed on the hog markets, […] Read more

CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle climb as smaller U.S. herd attracts spec buyers

Chicago lean hogs close mostly higher

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set life-of-contract highs on Friday as a government report this week showing reduced U.S. cattle supplies continued to inspire speculative buying, traders said. A seasonal slide in wholesale beef prices capped rallies. But traders remained fixated on longer-term supplies after the U.S. Department of Agriculture […] Read more


CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures ease off contract highs

Chicago lean hog values retreat

Reading Time: < 1 minute Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed lower on Wednesday as traders booked profits, one day after the benchmark April contract set a life-of-contract high and the U.S. Agriculture Department reported a three per cent year-on-year drop in the size of the U.S. cattle herd. CME April live cattle […] Read more

CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: April live cattle down slightly

U.S. cattle inventory report shows steep decline; lean hogs also lower

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures climbed to new contract highs early in the session before settling slightly lower on Tuesday, as traders assessed U.S. cattle inventory levels ahead of the U.S. Agriculture Department’s biannual report. After the market closed, USDA reported that the U.S. beef cow herd dropped to 28.9 million head, […] Read more


CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle firm on strong cash trade

Cattle inventory report due out Tuesday; CME hogs end mixed

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures firmed on Monday, supported by strengthening cash trade and in anticipation of the U.S. Agriculture Department’s biannual cattle inventory report, due out on Tuesday. “Historically, the cattle inventory report wouldn’t be that big of a market mover. But it is a good check in on where you’re […] Read more

CME April 2023 lean hogs with 10-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures drop on plentiful supplies

Live cattle steady to weak

Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures eased on Friday, with ample supplies weighing on prices due to a heavy pace of slaughter this year. Live cattle futures were steady to weak in rangebound trade, with light activity in the cash market hanging over prices. February lean hog futures dropped 1.15 cents, to 75.875 cents/lb., […] Read more


CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures up off lowest since December 2021

Cattle futures down with cash markets

Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures rose on Thursday as strength in cash markets and rising export demand sparked a round of bargain buying after prices hit their lowest in more than a year. But weakness in the cash markets weighed on cattle futures. The U.S. Agriculture Department said on Thursday morning that export […] Read more

File photo of a cow grazing near Leader, Sask., about 85 km south of Kindersley. (James_Gabbert/iStock/Getty Images)

Saskatchewan holds Crown grazing rents at last year’s levels

Also, leaseholders on drought-downgraded land eligible for rate cut

Reading Time: 2 minutes Cattle producers leasing Crown land for grazing in Saskatchewan won’t see a rate hike this year and may be eligible for a significant rate cut. The provincial government announced Wednesday it has frozen the rates charged to producers who lease Crown grazing land in 2023 at their 2022 level. The freeze will apply to all […] Read more


CME February 2023 lean hogs with 20- and 50-day moving averages and CME cash lean hog index (black line). (Barchart)

U.S. livestock: Hog futures hit lowest since late 2021

Ballooning supplies an issue; cattle futures mixed

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures fell to their lowest in more than a year on Wednesday, with plentiful supplies and weak export demand weighing on prices, traders said. Cattle futures were mixed, with nearby contracts easing while deferred contracts firmed on concerns about low animal weight. February lean hog futures ended […] Read more

CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle futures firm even as feed prices weigh

Lean hogs end lower, pork packing margins up

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange livestock futures were mixed on Tuesday as soybean and grain prices firmed, traders said. Live cattle and feeder futures were able to continue Monday’s price bump. But the higher feed prices weighed on the beef market, as did questions over consumer and export demand, StoneX chief commodities economist […] Read more