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

U.S. livestock: Live cattle gain as slaughter rates, beef exports rise

October lean hogs up three-quarters of a cent

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to rally Thursday, holding to a nearly six-month peak in prices, as exports to China also grew, traders said. China was a big buyer of U.S. beef in the latest week, with sales of 1,927 tonnes for the period through Aug. 6, the most […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle set five-month high, beef prices rise more

USDA cuts pork production forecast

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures leapt to a five-month high on Wednesday and feeder cattle futures neared a six-month peak as boxed beef prices continued to rise. Meatpackers are paying more for cattle due to the strength of the beef market, traders said. Prices typically rise heading into Labour Day, […] Read more


CME September 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures rise with U.S. beef prices

Chicago lean hogs retreat

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures advanced on Tuesday, supported by increasing beef prices, traders said. Beef prices usually rise heading into Labour Day, and there is a feeling the market has bottomed after recent volatility, said Don Roose, president of Iowa-based broker U.S. Commodities. Prices for choice cuts of boxed […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle up on cash market strength

Lean hog weights 'coming down a little bit'

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Monday, as the cash market strengthened and packers looked to pickup slaughter rates, brokers said. Feeder cattle also gained, while lean hog futures added as producers looked to offload market-weight animals early to reduce feed costs. CME October live cattle added 0.7 cent […] Read more


CME October 2020 lean hogs with 20- and 50-day moving averages and Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hog futures rise on good cash market demand

October live cattle close lower

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Friday on signs of strength in the cash market after prices had stagnated, traders said. “Recent price weakness uncovered fresh demand, triggering buying on the board this morning that tripped buy stops, accelerating gains,” StoneX chief commodities economist Arlan Suderman wrote in a note […] Read more

CBOT October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle, hog futures fall after bearish export reports

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures fell on Thursday, pressured by signs of declining export demand for U.S. supplies. The U.S Agriculture Department on Thursday morning said that beef export sales totaled 15,100 tonnes in the week ended July 30, down 50.8 per cent from the 30,700 tonnes reported a […] Read more


(File photo by Dave Bedard)

Union seeks temporary halt for major Manitoba hog plant

Four Maple Leaf plant staff now COVID-positive

Reading Time: 2 minutes The union for about 2,000 workers at Maple Leaf Foods’ main Canadian hog slaughter and packing plant is calling for the company to put the brakes on production, pending further tests for COVID-19 among employees. United Food and Commercial Workers (UFCW) Local 832 said Thursday it was “made aware” late Wednesday night of three more […] Read more

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

U.S. livestock: Cattle futures steady as investors eye supplies

October lean hogs close higher

Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures steadied on Wednesday, with investors unwilling to push the market above recent highs due to plentiful supplies. Some producer hedging also was noted, traders said. “Everybody is a little too bulled up,” said Larry Hicks at Cattlehedging.com. “Everybody thinks we have worked through the supplies and we have […] Read more


(File photo by Dave Bedard)

COVID-19 case confirmed at Maple Leaf hog plant

Reading Time: < 1 minute A worker at Maple Leaf Foods’ hog slaughter and processing plant at Brandon, Man. is recovering at home after testing positive for COVID-19, the Manitoba Co-operator has reported. The company said it received word over the long weekend about the case. Citing its own review of the situation and consultation with public health officials, the […] Read more

CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures snap winning streak on profit-taking

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures weakened on Tuesday, snapping a five-session streak of gains, as traders took some risk off the table. Hog futures were slightly firmer. Investors shrugged off signs of strength in the cash cattle markets, concerned that the streak that pushed the October contract to a five-month high had […] Read more