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CME December 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures slip on ample supplies, trade uncertainty

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell on Tuesday, extending their latest slide to five straight sessions on uncertainty about U.S. pork exports to China, traders said. Market bulls have been hoping for a U.S. trade deal with Beijing that could bolster U.S. pork sales to China, the world’s biggest pork consumer. China […] Read more
(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Challenging weather influencing feeder market

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Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were relatively unchanged; calves appeared to trade $3 lower to as much as $5 higher. Weather conditions have played a larger role in the price structure this fall. Major finishing feedlots continue to focus on preconditioned calves and have left the unweaned or unvaccinated feeders to the […] Read more
CME February 2020 lean hogs with 20- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures extend slide on China trade worries

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell on Monday for a fourth straight session, with deferred contracts leading the way down on worries about the chances for a U.S.-China trade deal that could boost Chinese imports of U.S. pork, traders said. Most-active February lean hog futures on the Chicago Mercantile Exchange (CME) settled […] Read more
CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs reach two-month low

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell to a two-month low on Thursday on large supplies and uncertainty over negotiations to boost trade with China, the world’s top pork consumer. Traders and meat producers are hoping for further U.S. pork sales to China, which is grappling with a fatal pig disease that has […] Read more
CME December 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs drop on large supply, trade war jitters

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Reading Time: 2 minutes Chicago | Reuters –– U.S. livestock futures dropped on Wednesday, with lean hogs stumbling under pressure from large supplies in a turnaround from a rally a session earlier. Fresh uncertainty over U.S.-China trade relations added pressure to the hog market, analysts said. Traders and meat producers are hoping for further U.S. pork sales to China, […] Read more
Photo: File
Finishers, Livestock, Markets

Klassen: Feeder cattle market consolidation continues

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Reading Time: 2 minutes Western Canadian feeder cattle markets were unchanged from week-ago levels. Larger pre-sort calf sales were held across the prairies. Buying interest was barely sufficient to support the market at the current levels.  The risk tolerance shifted from medium to low this past week. Discounts appeared to be more severe on unweaned and unvaccinated calves. Colder […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Steady demand seen for all feeder cattle

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Reading Time: 2 minutes Compared to last week, Western Canadian feeder cattle prices were relatively unchanged.  Yearlings supplies were limited in certain regions which caused buyers to shrug off fleshier characteristics in some cases; however, heavier yearlings over 950 pounds were somewhat softer. Finishing feedlots appeared to be more aggressive on heavier, vaccinated or pre-conditioned calves. Many auction barns […] Read more
Photo: File
Finishers, Livestock, Markets

Klassen: Feeder cattle market stabilizes

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Reading Time: 2 minutes Compared to last week, Western Canadian feeder cattle markets traded $2 to $3 on either side of unchanged. Most auction barns held feature sales over the past week and steady demand was noted across the prairies. Calves appeared to gain momentum late in the week with favorable weather enhancing buying interest; however, yearlings were quite […] Read more
CME February 2020 live cattle, with five-, 20- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle jump as beef stocks tighten, funds buy

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Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures scaled to their highest point in 5-1/2 months on Wednesday as tighter-than-expected beef stocks and rising cash beef prices triggered active fund buying that took prices through key technical resistance levels. Actively traded contracts posted their strongest gains in nearly a month, breaking out of a narrow […] Read more

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