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Beef cattle

CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs, cattle rise as grain markets stabilize

Bargain buying supports cattle

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Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Friday, supported by technical buying, traders said. Cattle futures also were firm, bouncing back from two days of declines on some end-of-week bargain hunting. Signs of stability in the grain and soy markets after wild volatility since Russia’s invasion of Ukraine added support to
Stormy grain trade dampens cattle values
Livestock Markets, Markets

Stormy grain trade dampens cattle values

Manitoba’s sale traffic remained relatively steady last week

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Russia’s invasion of Ukraine sent grain prices climbing sharply higher during the first week of March, which in turn sent Chicago live and feeder cattle futures down sharply. Activity held relatively steady at Manitoba’s cattle auctions during the week, although heavier feeder animals did see some pressure. In the weekly report from Killarney, the week’s auction
CME April 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Cattle down on cash weakness, technical selling

Chicago lean hogs mixed

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Thursday, with weakness in the cash markets pressuring futures, traders said. Some follow-through selling in cattle also was noted after sharp declines on Wednesday, Pork futures were mixed, with the most-active April contract falling after a government report showed a sharp drop in exports
‘The weaned calf headed for newly found freedom west of the livestock yards on the flatlands along the Assiniboine River.’ (image dramatization)
Farmit Manitoba

Git along little dogie: Wayward steer makes the TV news

The local news crew captured the event for posterity, but they weren’t much help

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This rodeo event never made it into the big-time scene. The action never attracted much of a crowd. The participants never scored a windfall of prize money. However, it did make the Brandon TV news that evening long ago. When we four farm boys got home on the school bus that day in November 1976,
CME May 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME futures slide on U.S., global economic fears

Inflation 'starting to spook' consumers

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Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures fell sharply on Wednesday, as Russia’s invasion of Ukraine continued to fuel worries about the health of global and domestic economies, traders said. The livestock market also followed a slump in grain and oilseed futures, which continued to be rattled by global
CME April 2022 live cattle (candlesticks) with 20-, 100- and 200-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle firm, hogs rebound

Hogs up off lowest since Feb. 4

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on a round of technical buying on Tuesday after snapping an eight-session losing streak on Monday, traders said. Hog futures rallied on a bargain-buying bounce after sinking to their lowest in more than a month and feeder cattle futures also were firm. CME April
CME April 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle bounce from multi-month lows

Chicago lean hogs extend declines

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures rebounded from multi-month lows on Monday, while hog futures eased on follow-through selling after notching a limit-down decline on Friday. Live cattle futures snapped an eight-session losing streak that saw the April contract shed seven per cent of its value and drove prices to their lowest
CME April 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle hit multi-month lows

Hogs drop by daily limit

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped to a six-month low and feeder cattle hit a nine-month low on Friday, while lean hog futures sank by the daily exchange-imposed trading limit. Follow-through selling pushed down cattle contracts after a string of losses in the markets, brokers said. Recent weakness in wholesale
Cold snap slows cattle traffic, drags on price movement
Livestock Markets, Markets

Cold snap slows cattle traffic, drags on price movement

Eastbound cattle show stronger values on lower feed costs

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Cold weather seemed to have played its hand once again at Manitoba cattle auction sites for the week ended Feb. 24. Below-normal temperatures with wind chills around -40 C convinced cattle producers to wait at least one more week to sell their animals. The weather forecast predicted a break from the extreme temperatures in the

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