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

U.S. livestock: CME cattle, hogs weaken amid demand concerns

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange livestock futures fell on Thursday, as high meat prices are threatening U.S. demand, analysts said. Concerns that inflation could remain elevated for longer than anticipated weighed on the markets because higher prices could reduce meat sales, analysts said. Traders also watched a rise in prices for grain used […] Read more
CME July 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 lean hogs drop to January lows on demand worries

Live cattle up, feeder cattle down

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Reading Time: < 1 minute Chicago | Reuters — CME lean hog futures on Wednesday fell to their lowest prices since January amid concerns about demand for U.S. pork, analysts said. Inflation and a decline in U.S. pork exports to China, the world’s top pork consumer, are hurting demand, analysts said. The consumer price index rose 8.3 per cent in […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market starts seasonal rally

Ontario demand leads charge higher in Manitoba

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Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $4 to as much as $6 higher on average. Calf markets were sharply higher. Auction barns in Manitoba reported calf prices up $8-$10 on average with certain pockets up as much $15. Calf markets in Alberta and Saskatchewan were up a solid $5-$8 from week-ago levels. […] Read more
CME June 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and brown lines) and CME lean hog index (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs firm nearby

Outside markets pressure live cattle

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Reading Time: 2 minutes Chicago | Reuters — CME’s nearby lean hog futures firmed on Tuesday, incentivizing producers to sell market-ready hogs rather than hold them for premiums later in the summer, analysts said. High futures prices “may have encouraged producers to take a little more risk,” said Altin Kalo, economist at Steiner Consulting Group. “When you’ve got such […] Read more
CME June 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle firm on strong packer demand

Export demand concerns drag on hogs

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Reading Time: 2 minutes Chicago | Reuters — CME live cattle futures firmed on Monday, supported by strong packer demand that supported cash prices, indicating a bullish outlook for summer month futures, analysts said. “Packer behaviour has been bullish for several weeks now. They are going after the cattle,” said Dennis Smith, commodity broker at Archer Financial. “I suspect […] Read more
CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs slip on demand concerns

Inflation on U.S. retail meat a worry

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Reading Time: < 1 minute Chicago | Reuters — CME Group live cattle and hog futures slumped on Friday, as investors worried about the prospect of food inflation weighing heavy on U.S. consumer meat demand as the summer grilling season gets underway, analysts said. Benchmark June lean hogs settled the day down 2.975 cents, to 104.1 cents/lb. (all figures US$). […] Read more
CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs climb, demand uncertainty remains

Chicago cattle futures lower

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Reading Time: 2 minutes Chicago | Reuters — CME lean hog futures firmed for a second session on Thursday, supported by bargain buying, though demand concerns capped gains, analysts said. “We’ve got conflicting fundamentals. Seasonally, hog supplies should continue to tighten into mid-summer. But right now there’s a lot of demand worry,” said Doug Houghton, technical analyst at Brock […] Read more
CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle ease

Cash prices maintain against lower futures

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Reading Time: 2 minutes Chicago | Reuters — CME Group live cattle futures eased on Wednesday, pressured as processors pull market-ready cattle forward heading into the late spring, analysts said. June live cattle futures are discounted versus the cash market, creating an incentive to sell before cash falls. “We’re going to start narrowing up cash and the June board,” […] Read more
The Steppler family team. Andre (center) says that strong teamwork has always been a requirement for family farms.
Features, Guide Business

The new farm team

Katie and Andre Steppler are both running the show at Steppler Farms

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Reading Time: 6 minutes It’s the biggest business day of the year for Katie and Andre Steppler. Bull sale. Standing on the sales block at their annual bull sale every March, the Stepplers run a perfectly orchestrated show in front of an audience of 200. Many more watch online. Amid the booming flow of the auctioneer’s chant, a bull […] Read more
CME July 2022 lean hogs (candlesticks) with 20-, 50-, 100- and 200-day moving averages (pink, brown, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs drop to January lows

Lower grain values continue to lift cattle

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Reading Time: 2 minutes Chicago | Reuters — CME lean hog futures on Tuesday dropped to their lowest prices since January on technical selling and concerns about risks to demand for U.S. meat, brokers said. U.S. pork exports to China have tumbled this year as Chinese producers rebuild their herds after outbreaks of the pig disease African swine fever. […] Read more

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