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
U.S. livestock: CME cattle, hogs end down on profit-taking
Futures decline despite higher beef prices
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
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
Pulse weekly outlook: Feed peas in short supply
Some feeders substituting soymeal
Reading Time: < 1 minute MarketsFarm — Hot and dry growing conditions cut into Canada’s pea production in 2021-22 — but the quality was relatively good, which means feed peas are in even shorter supply. “Yields were low across the harvest this year, but I’d say quality was quite good on yellow and green peas,” said a feed pea merchant. […] Read more
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
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
U.S. livestock: CME live cattle futures set new contract highs
February hogs drop to two-week low
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set new highs on Friday and finished stronger on technical buying and firm cash prices, traders said. The front-month December contract and most-active February 2022 contract avoided losses seen in commodities such as crude oil and soybeans that were unnerved by the discovery of a […] Read more
The Succession Advantage – Balancing growth and harvest
Reading Time: 3 minutes Following along with our series, The Succession Advantage, we have covered the first two critical stages for family farm transition planning. The Communication Advantage comes from respectful conversation and results in aligned vision and agreed upon goals for the farm’s future. Financial Advantages become more tangible when starting succession planning early and include tax savings, […] Read more
U.S. livestock: Live cattle hit fresh high
Higher cash values, beef demand support futures
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose for a sixth consecutive session on Wednesday, and the front-month contract touched its highest point in four-and-a-half years, on higher cash market prices and strong beef demand. Most contracts posted life-of-contract highs, extending a multi-session rally, amid rising beef imports by China and […] Read more
U.S. livestock: Live cattle notch 4-1/2 year high
Lean hogs gain on good demand
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose for a fifth consecutive session on Tuesday and the front-month contract reached its highest in 4-1/2-years on a firm cash market and good beef demand. Cattle prices have been trending higher amid rising imports by China and improved domestic demand as more consumers […] Read more
A message from April Stewart, Country Guide's Associate Editor
