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Beef cattle

CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle, feeder cattle extend gains

December hogs touch one-week low

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle and live cattle futures rose on Tuesday amid technical buying, while lean hog futures finished mixed. Both cattle markets have been due to rebound after recent selloffs dragged prices too low at a time when demand is solid, brokers said. Live cattle futures topped a one-week
Higher pork production this year versus last year has eased China’s imports of its staple protein.
Comment, Op/Ed

Comment: China lightens interest in pork imports but loads up on beef

Falling pork prices in China have quelled demand for imports

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Reuters – U.S. pork trade with China made a big breakthrough two years ago as the Chinese hog herd was thinned by disease and political relations began to mend, though U.S. exports to the top pork consumer have not performed as well this year relative to those from other suppliers. China’s pork production is expected
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market continues consolidation

U.S. corn northbound into Prairies

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Compared to last week, western Canadian yearling prices were relatively unchanged while calf markets were down $2-$3 on average. Feedlot inventories in Alberta and Saskatchewan are 30 per cent above the five-year average; therefore, demand is lacking moving into the main marketing period for calves. Finishing feedlots have sufficient ownership and being fairly finicky on
Harvest projections are trending lower due to this year's drought conditions.
News

A silver lining following challenging summer?

BMO report cautiously optimistic about the strength of the industry after hot, dry summer

By
A new report from BMO Economics sheds some light on the economic impacts of the hot, dry conditions that persisted across North America this summer. The report, issued on September 17, describes how the widespread growing challenges North American farmers faced this summer affected an agricultural sector still trying to make sense of the impacts
CME December 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures touch one-week highs

Chicago lean hogs retreat

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit one-week highs on Monday on technical buying and short covering, while lean hog futures tumbled, traders said. The gains in cattle came after the market sank to a four-month low on Friday. “This market is technically very oversold,” said Brian Hoops, president of broker
A view near the Canadian end of the Ambassador Bridge, which connects Windsor and Detroit and is considered one of North America’s busiest trade routes. (Steven_Kriemadis/iStock/Getty Images)

Police reopen Ambassador Bridge

Bridge reopened following search for explosives

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Updated, Oct. 4 — Toronto | Reuters –– Canadian police reopened a major road bridge between Canada and the U.S. after largely shutting it down for hours on Monday to search for possible explosives in a vehicle, resulting in long delays for truckers at the busiest international crossing in North America. The Canada Border Services
CME December 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures extend slump

Hogs mixed after strong week

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures closed lower on Friday, extending their slide for a sixth session on lacklustre cash cattle trade and falling wholesale beef prices, traders said. CME October live cattle futures settled down 0.175 cent on Friday at 120.4 cents/lb. while the benchmark December contract fell 0.525
Fall cattle run two weeks ahead of schedule
Livestock Markets, Markets

Fall cattle run two weeks ahead of schedule

Manitoba cattle are westbound, eastbound and southbound

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To Allan Munroe of Killarney Auction Mart, the fall run for 2021 is about two weeks ahead of normally where it would be. “It’s nice to get some cattle moved in September and them through the system,” he said. “We’re hoping that means we’ll spread out the market a little bit,” he added, noting a
CME December 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures rise on sustained buying

Interest tied to bullish USDA report; cattle futures continue lower

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Thursday on continued buying interest tied to the recent bullish quarterly hog report from the U.S. Department of Agriculture (USDA), traders said. CME October lean hogs settled up 0.8 cent at 91.6 cents/lb., while the most-active December contract rose 1.8 cents
CME October 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures pause after rally

Cattle futures end lower

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed mixed on Wednesday as the market paused following a surge tied to last week’s bullish quarterly hog report from the U.S. Department of Agriculture (USDA), traders said. CME October lean hogs settled down 0.875 cent at 90.8 cents/lb. while the most-active December contract

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