CME February 2022 live cattle (candlesticks) with 10-, 20- and 50-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Cattle futures fall on weak cash markets

Hog futures down for fourth day

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Wednesday, pressured by technical selling and signs of weakness in the cash markets, traders said. Hog futures were lower for the fourth day in a row, with the front-month contract sinking to its lowest in 10 months on weak export prospects and a […] Read more

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

U.S. livestock: Hog and cattle futures fall

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the third day in a row on Tuesday, hitting their lowest in more than a month. Cattle futures also were weaker, with weak profit margins weighing on the market. CME February lean hogs settled 1.675 cents lower at 76.55 cents/lb. (all figures US$). The […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market stabilizes

Cow-calf producers selling sooner than normal

Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices traded $2-$3 on either side of unchanged. Alberta packers were buying fed cattle on a dressed basis at $275 delivered; the Alberta fed market has rallied $10-$12 over the past couple weeks. Secondly, U.S. feeder cattle prices have also rallied US$10-US$12 during the same time frame […] Read more

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

U.S. livestock: Hog futures fall on concerns over supply glut

February live cattle up slightly

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures plunged four per cent on Monday, hitting their lowest level in nearly a month, as robust supplies threatened profits even as pork prices edged off their recent lows, traders said. Pork processors earned $22.90 per hog, down from $46.25 per hog on Friday and $43.20 a […] Read more


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

U.S. livestock: CME cattle, hogs end down on profit-taking

Futures decline despite higher beef prices

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle, feeder cattle and hog futures ended lower on Friday as profit-taking hit the livestock markets ahead of the weekend, traders said. Live cattle futures consolidated after setting contract highs this week, traders said. Most-active CME February live cattle finished 0.625 cent lower at 138.95 cents/lb. (all […] Read more

CME February 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, hogs up with export demand

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures rose again on Thursday, as fresh export numbers underscored strong demand for meat. Meanwhile prices on feeder cattle futures were mixed, as trades in the cash market prices jumped, traders said. Cash cattle had traded earlier in the week at $137-$138/cwt in […] Read more


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

U.S. livestock: CME cattle, hog futures finish higher

Investors' COVID concerns eased

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange livestock futures finished higher on Wednesday as the markets recovered after dropping the previous session to their lowest prices in more than a week. Prices rose as investors’ concerns eased about the Omicron coronavirus variant, which rattled commodity and financial markets on Tuesday, traders said. Chicago Board of […] Read more

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

U.S. livestock: CME live cattle fall from highs as Omicron rattles markets

Chicago February lean hogs also lower

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened on Tuesday as worries about the new Omicron coronavirus variant rattled commodity and financial markets. Losses pulled live cattle futures down from contract highs reached in recent sessions. CME lean hog futures also fell, along with U.S. grains and soybeans, after Moderna’s chief cast […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market making seasonal lows

Surge of Canadian cattle exports expected

Reading Time: 2 minutes Compared to last week, western Canadian feeder markets were down $2-$4 on average. Prices for feeder cattle in the eastern Prairie regions were relatively unchanged from seven days earlier; however, values in Alberta and western Saskatchewan were down $4 to as much as $8 in some cases. This variation made the market hard to define. […] Read more

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

U.S. livestock: Cattle post new highs, retreat on profit-taking

Chicago lean hogs close mixed

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to multi-year highs on Monday but closed lower as profit-taking and technical selling clipped gains, traders said. The spread of a new coronavirus variant sparked demand worries as livestock traders feared renewed restrictions on travel and restaurant occupancy. But strong beef packer margins and […] Read more