CME February 2022 live cattle (candlesticks) with 50-day moving average (black line) and August 2022 live cattle (pink line). (Barchart)

U.S. livestock: Nearby CME live and feeder cattle futures ease

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Monday, remaining near recent highs as back-month contracts climbed to new highs on expectations of tighter supplies to come. CME February live cattle futures settled down 0.775 cent at 138.925 cents/lb., though back-month contracts starting with August 2022 found new life-of-contract highs (all



Photo: File

U.S. livestock: Live cattle futures drop on profit-taking; lean hogs fall

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Thursday on profit-taking after a previous session rally resulted in several contracts hitting new highs, traders said. CME February live cattle settled down 0.750 cent at 139.975 cents per pound. Feeder cattle futures, which were supported by a slump in Chicago corn futures,


Argentina to loosen restrictions on beef exports

Argentina to loosen restrictions on beef exports

Reuters – Argentina will loosen export restrictions on beef that were put in place in a bid to curtail inflation and had been panned by meat packers, the government said Dec. 13 after a meeting with industry groups. Argentina’s inflation hovers around an eye-watering 50 per cent a year, while the poverty rate sits at

Photo: Canada Beef Inc.

U.S. livestock: CME livestock futures rise on supply concerns

Chicago | Reuters – Chicago Mercantile Exchange livestock futures climbed on Wednesday, as cash cattle prices firmed on concerns around meat supplies to meet anticipated demand going into next year, traders said. Cattle futures ended higher, as beef carcass cutout prices continued to firm and cash cattle traded higher, traders said. Cash cattle traded at


Photo: File

U.S. livestock: Cattle futures rise on expectations of beef demand; hogs ease

Chicago | Reuters – Chicago Mercantile Exchange cattle futures finished higher on Tuesday, as slaughter rates increased and carcass cutout values continued to firm, traders said. There is an expectation of beef prices continuing to firm and demand be strong going into the first quarter of 2022, said Doug Houghton, analyst with Brock Capital Management.



CME February 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: CME hog futures touch four-week high

Chicago cattle futures ease

Chicago | Reuters — U.S. hog futures rose for the fourth straight trading session on Monday, as the market continued to see support from a government report last week that showed smaller-than-expected national inventory numbers, traders said. Most-active February hog futures settled the day up 0.425 cent at 83.65 cents/lb. (all figures US$). Earlier in

The province’s horse breeders say they’re being frozen out of drought relief programs.

Horse breeders push back against AgriRecovery exclusion

DROUGHT | The horse industry argues its ranches were equally drought stricken as its beef-producing neighbours

Horse breeders in Manitoba are questioning why PMU horses are the only equines eligible for feed and animal transportation programs through AgriRecovery. “There are a lot of horse breeders in the province of Manitoba who have foals on the ground that are just as big and contributing just as much, if not more, to Manitoba’s