(Photo courtesy Canada Beef Inc.)

Klassen: Feedlot demand up prior to seasonal rally

Market for calves 'boiling hot' in Manitoba

Reading Time: 2 minutes For the week ending April 30, western Canadian feeder cattle prices were quite variable. Yearlings traded $8 lower as much as $5 higher. Severe discounts were noted on fleshier cattle; some auction barns reported the bulk of cattle over 800 pounds were medium to heavier flesh. Deferred live cattle futures were under pressure but the […] Read more

CME August 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: Feeder cattle futures firm on weaker corn

China's COVID lockdowns pressure CME hogs

Reading Time: < 1 minute Chicago | Reuters — CME live and feeder cattle futures firmed on Monday, supported by lower corn futures, an input cost to feeder cattle, analysts said. “The big driver there was just lower corn,” said Josh Steinhilber, broker at Cattlehedgers.com. “We got spillover into the live cattle.” CME August feeder cattle added 5.8 cents, to […] Read more


CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2) and 100-day moving average (brown line). (Barchart)

U.S. livestock: Lean hogs fall to lowest since early February

CME cattle also weak

Reading Time: < 1 minute Chicago | Reuters — CME hog futures dropped to their lowest in nearly three months on Friday, pressured by concerns about consumer demand as summer grilling season nears, traders said. Cattle futures also fell. Some end-of-month fund liquidation likely added to the weakness in livestock contracts, traders said. “There is not a whole lot of […] Read more

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

U.S. livestock: CME hog futures up off three days of losses

Chicago live cattle down, feeder cattle firm

Reading Time: < 1 minute Chicago | Reuters — CME Group hog futures rose on Thursday, snapping a three-session losing streak that pushed prices to their lowest since March 7 on some mild bargain buying, traders said. But the gains were kept in check by concerns that the growth of the Chinese herd could slow buying demand from the world’s […] Read more


CME June 2022 live cattle (candlesticks) with 20-, 30-, 40- and 200-day moving averages (pink, brown, dark red and black lines). (Barchart)

U.S. livestock: CME cattle, hog futures weak as feeding costs rise

Corn's 'unending rally' drags on feeder cattle

Reading Time: < 1 minute Chicago | Reuters — CME cattle futures fell on Wednesday as traders assessed higher feeding costs due to a sharp gains in corn. Hog futures were also weak, falling for the sixth time in seven sessions, with prospects for more COVID-19 lockdowns in China further chilling the already weak export demand from the world’s top […] Read more

CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME hog futures fall to lowest since early March

June live cattle up on bargain buying

Reading Time: < 1 minute Chicago | Reuters — CME Group hog futures fell to their lowest in more than seven weeks on Tuesday, pressured by follow-through selling after dropping in four of the previous five sessions with supplies in focus as kill rates were expected to rise. Concerns about lower pork consumption in China due to COVID-19-related lockdowns in […] Read more


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

U.S. livestock: CME live cattle retreat off two-month high

U.S. cattle on feed up two per cent; Chicago lean hogs end higher

Reading Time: 2 minutes Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange ended lower on Friday in a profit-taking setback from two-month highs amid worries about inflation curbing consumer demand for beef, traders said. Larger-than-expected numbers of U.S. cattle on feed announced by the U.S. Department of Agriculture after the CME close could pressure futures […] Read more

CME June 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME live cattle hit two-month peak

Rising cash markets support cattle; hogs down for third straight session

Reading Time: 2 minutes Chicago | Reuters –– Live cattle futures on the Chicago Mercantile Exchange jumped to a two-month high on Thursday, led by firming cash cattle markets and optimism about a seasonal climb in U.S. beef demand as the summer grilling season nears, traders said. CME June live cattle futures settled up 1.275 cents at 139.9 cents/lb. […] Read more


CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME live cattle near two-month high

Cash cattle market firms; hog futures lower

Reading Time: 2 minutes Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange hit their highest in nearly two months on Wednesday, led by firming prices for market-ready cattle in the cash market, traders said. Live cattle traded as high as $146 per hundredweight (cwt) in eastern Nebraska cash markets, traders said, while dressed cattle in […] Read more

CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME hog futures backpedal off April high

Chicago cattle futures up

Reading Time: 2 minutes Chicago | Reuters — Profit-taking weighed on Chicago Mercantile Exchange lean hog futures on Tuesday after prices leapt to their highest price this month, traders said. Most-active June lean hogs settled down 1.075 cents at 121.325 cents/lb. (all figures US$). The contract is up eight per cent since nearing a one-month low on April 5 […] Read more