CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hog futures rebound

Reading Time: 2 minutes Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange (CME) closed higher on Tuesday, bouncing a day after falling to a one-month low as traders adjusted positions ahead of Wednesday’s planned signing of a U.S.-China trade agreement, brokers said. “The choppy trade continues. There is clearly some nervousness associated with what is […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market starts 2020 on steady tone

Reading Time: 2 minutes Compared to last week, short-keep replacement cattle and feeders in the mid-weight categories were steady to $3 lower on average; feeder cattle under 600 lbs. traded $2 lower to as much as $5 higher. Featherlight calves remain strong trading at similar levels to late December. Most auction markets resumed their regular sales schedules last week. […] Read more







CME February 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Cattle pull back after Monday rally

Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures eased on Tuesday in a profit-taking setback from the prior session’s steep jump after weeks of rising cattle prices that have eroded beef packer margins. Live cattle futures were due for a pullback after scaling to an 8-1/2 month peak last week on strong beef demand and […] Read more