CME February 2021 live cattle (candlesticks) with 20-day moving average (pink line) and CME January 2021 feeder cattle (dark red line). (Barchart)

U.S. livestock: Cattle futures follow beef prices, Dow higher

Chicago lean hogs end mixed

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures closed higher on Tuesday for a third straight session, lifted by surging wholesale beef prices and optimism that coronavirus vaccines could trigger an economic recovery, bolstering demand for meat, traders said. Wall Street’s Dow Jones industrial average hit a record high above 30,000 on upbeat COVID-19 vaccine news, […] Read more

CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures up two per cent

U.S. feedlot data, beef prices supportive

Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures closed higher on Monday, buoyed by Friday’s supportive monthly Cattle on Feed report, rising wholesale beef prices and strength on Wall Street tied to hopes for a COVID-19 vaccine, traders said. “All of the above (suggest) optimism for the meat market,” said Jason Roose, analyst and broker with […] Read more


(TysonFoods.com)

Tyson suspends staff as suit alleges managers set up COVID pool

Reading Time: 2 minutes Chicago | Reuters — Tyson Foods said Thursday it suspended employees without pay and hired former U.S. attorney general Eric Holder to conduct an investigation in response to a wrongful death lawsuit that alleges managers at an Iowa pork plant took bets on how many employees would catch COVID-19. The coronavirus pandemic has ravaged the […] Read more

CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle, hog futures tumble on demand worries

Corn values also weigh on feeder cattle, hogs

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle and hog futures tumbled on Thursday on worries about demand for beef and pork as soaring coronavirus infections across the country threatened more restaurant and food service closures and forced more Americans to shelter at home. Investors also fear a repeat of the livestock processing disruptions seen in the […] Read more


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

U.S. livestock: Cattle futures retreat as COVID surge stokes demand worries

CME lean hog futures end mixed

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures fell on Wednesday as rising coronavirus infection rates stoked concerns about potential supply-chain disruptions and reduced demand for beef as health restrictions shutter restaurants and discourage travel. U.S. stocks dove on Wednesday as investors weighed surging COVID-19 infections and mounting shutdowns against encouraging vaccine developments. An April plunge […] Read more

CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures climb with cash market, beef prices

Lean hog futures up on short-covering

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures rose for a second straight session on Tuesday, lifted by higher cash beef prices and signs that cash cattle at feedlot auctions would trade at steady to higher prices this week. Consumer demand for beef has remained solid despite rising coronavirus infection rates that have triggered lockdowns […] Read more


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

U.S. livestock: Cattle futures up as Wall Street rallies

COVID-19 worries remain in picture

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures ended mostly higher on Monday on spillover support from soaring equities markets, although gains were limited by worries about rising coronavirus infections and likely restaurant closures. News of a second promising COVID-19 vaccine lifted both the S+P 500 and the Dow Jones Industrial Average to record highs on […] Read more

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

U.S. livestock: Cattle futures sag as COVID surge threatens meat demand

Demand uncertainty also weighs on hogs

Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures slumped on Friday as soaring coronavirus cases raised expectations for lockdowns on commerce that will hurt demand for meat from restaurants, hotels and other venues, analysts said. Cities and states across the country have moved to re-impose restrictions to tame new spikes in COVID-19 infections and hospitalizations. Additional […] Read more


ICE January 2021 canola with 20-day moving average (yellow line) and CBOT January 2021 soymeal (green line). (Barchart)

ICE weekly outlook: Bull market in canola’s grasp

That said, watch for cracks in demand side of equation

Reading Time: 2 minutes MarketsFarm — Canola is deeply in the hold of a bull market that could push nearby contracts to $575-$580 per tonne, according to Errol Anderson of ProMarket Communications in Calgary. “A bull market always needs to be fed and it keeps getting fed,” Anderson said, referencing the November supply and demand report from the U.S. […] Read more

CME December 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hog futures move up off one-month low

Lower corn, soy values support feeder cattle

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures rose on Thursday in a rebound from a one-month low reached in the previous session, while live cattle futures weakened. The hog market’s recovery carried futures to their highest level since Monday. Traders said the market continues to face pressure from large U.S. supplies and uncertainty over […] Read more