CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Volatility roils CME cattle market

Chicago lean hog futures slump

Chicago | Reuters — The Chicago Mercantile Exchange’s cattle futures saw a second day of volatile trading on Thursday, with wide trading ranges and weaker technicals resulting in the spot live cattle contract turning lower, analysts said. One key reason, traders said, is that a white-hot cash market may have hit its limit. Cattle sold

CME June 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs touch new lows on fat supplies

Live cattle down on profit-taking, feeder cattle touch fresh highs

Chicago | Reuters — Choppy trade roiled the Chicago Mercantile Exchange’s livestock markets on Wednesday, while bountiful pork supplies and questions over consumer demand sent five of lean hog contracts slumping to new contract lows. The hog market turned sharply down, traders said, as the sector continues to wrestle with weak cash prices and larger-than-expected


CME May 2023 feeder cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME feeder cattle hit new highs

Chicago lean hogs hit new low

Chicago | Reuters — Chicago Mercantile Exchange’s April and May feeder cattle futures hit fresh contract highs on Tuesday on tight supplies, as analysts said they expected cattle placements to continue to trend down, traders said. Meanwhile, CME May lean hogs hit a contract low of 78.5 cents/lb., before closing down 2.175 cents at 78.825

One project a new professor at the U of M’s Department of Animal Science worked on with Lactanet was to gather and examine dairy cattle data to determine which practices promote and which practices restrict milk production.

Bridging the gap for livestock data

Face of Ag: New professor says data science can provide significant value to animal science

A new professor at the University of Manitoba aims to turn data into dollars for Manitoba livestock producers. Gabriel Dallago has joined the Department of Animal Science as an assistant professor in digital livestock production. Dallago describes his research as being somewhere between animal and computer sciences. “What I do fits within that whole idea



Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)

JBS to pay US$25 million in latest beef price-fixing settlement

Settlement calls for co-operation in cases against other defendants

Reuters — JBS SA has agreed to pay US$25 million to commercial beef purchasers that accused the meat-packing company of conspiring with industry rivals to restrict market supply in order to keep prices artificially high. The proposed settlement in Minnesota federal court was disclosed on Friday from plaintiffs’ lawyers representing a class of businesses that


CME May 2023 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME feeder cattle hit new highs on supplies, cash market

Live cattle, lean hogs also up

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures hit new all-time highs in the nearby contracts on Monday, as bidding wars continue to rally cash prices as more producers show interest in expanding their herds, traders said. The rally helped give a boost to the pork market, where CME April lean hogs ended

CME June 2023 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: CME live cattle pull back from all-time highs

Chicago lean hogs up off contract lows

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Friday after racing to all-time highs during the previous three sessions as tightening U.S. supplies rallied cash prices. Profit-taking and technical pressured futures following the surge, though the market could still post new highs moving forward, analysts said. Surging cash prices this week


Prices up, head counts down at auction sales

Prices up, head counts down at auction sales

Lower Chicago corn futures have been supportive for values

Manitoba cattle auctions were a mixed bag for the short pre-Easter week ending April 6, with some closed and others having regular sales. It will be a similar situation the following week, all leading to a noticeable decline in the number of cattle coming to auction. “We are starting to see numbers dropping off. We

The elk sector began pursuing traceability in 1989 at the request of provinces and wildlife agencies.

Elk farmers not thrown by traceability proposal

While federal traceability is new, provincial programs are old hat

Producer groups say a proposal to add elk to federal traceability rules is not a problem for the industry. In fact, according to Ian Thorleifson, provincial programs in regions like Alberta have already gone above and beyond what the federal proposal would entail. Livestock sectors have until June to give feedback on proposed changes to