CME December 2021 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Nearby hogs up in rebound off six-month low

CME cattle futures slide

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher in nearby contract months on Wednesday, as the market rebounded from a drop to its lowest prices in more than six months. Most-active December hogs recovered after dropping 12.5 per cent since the start of the month on concerns about slowing U.S. pork […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Lower beef production supports cash feeder market

Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were relatively unchanged; calf prices traded $2 on either side of week-ago levels. December and February live cattle futures have dropped $8-$10 off the highs while feed grain values have remained firm. Buyers were on the defensive this past week, given the softer outlook for fed cattle […] Read more


CME December 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME hogs hit six-month lows

Chicago cattle futures rebound

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest prices in more than six months on Tuesday, while cattle futures recovered a day after hitting June lows on concerns about a fire at a major Nebraska beef plant. The hog market extended recent losses under pressure from concerns about the […] Read more

CME December 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME cattle drop as fire closes JBS plant

Lean hogs extend slump

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell to their lowest prices since June on Monday on concerns that U.S. ranchers could temporarily lose a place to deliver their livestock for slaughter after a fire damaged a JBS USA beef plant. JBS, owned by Brazilian firm JBS SA, halted production at the plant […] Read more


CME October 2021 lean hogs (candlesticks) with Bollinger bands (20,2) and CME lean hog cash index (blue line, left column). (Barchart)

U.S. livestock: CME hog futures fall as pork demand softens

CME cattle down despite firmer cash trade

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the sixth consecutive day on Friday, pressured by lower pork demand coinciding with larger hog supplies, analysts said. The hog market also felt the effects of investment funds liquidating long positions, traders said. “We saw a fair amount of weakness. This market has been […] Read more

CME October 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME hogs hit lowest in more than six months

Cash market bearish on cattle futures

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the fifth day in a row on Thursday, with the front-month contract hitting its lowest since March 2 on a continuous basis. The hog market was under pressure from long liquidation by investment funds, traders said. Cattle futures were mixed, with live cattle edging […] Read more


CME December 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle, hog futures fall

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures weakened Wednesday, with live cattle sagging to their lowest in three months on sluggish cash market activity, traders said. The hog market was pressured by concerns about demand in China, where high prices have slowed the consumption of pork. CME December live cattle settled […] Read more

CME October 2021 live cattle (candlesticks) with 20-, 100- and 200-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME live cattle touch three-month lows

Demand from packers softening

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slid to three-month lows on Tuesday, as beef demand slows, leaving cattle producers with ample supply as packer demand softens, traders said. “Packers are bought for a long ways out — have a lot of inventory,” said Scott Varilek, broker at Kooima Kooima Varilek Trading […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Optimistic fed cattle outlook supports feeder market

Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $2-$4 higher. Strong demand was noted on yearlings, which spilt over into the lighter weight categories. Major feedlot operators in Alberta set the price structure, with aggressive orders flowing across the Prairies. Some operators have been holding back on purchases due to higher prices; however, […] Read more

CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME live cattle lower as beef prices cool

Lean hogs close mostly lower

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Thursday, on softening wholesale beef prices and a lack of supportive news, traders said. CME October live cattle settled down 1.525 cents at 126.05 cents/lb. after hitting 125.875, near the contract’s 100-day moving average and its lowest price since Aug. 6 (all figures […] Read more