Daily Network News

More News →

Cow-calf

CME March 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle, lean hogs fall on weaker slaughter

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures fell on Friday as sluggish slaughter rates continue to drag on prices, traders said. “They’re both facing the same fundamental music – this slaughter disruption due to weather, labour tightness and COVID,” said Dennis Smith, commodity broker at Archer Financial. CME February
Calf prices took a hit going into the fall run, dropping to some of the lowest levels seen over the past decade, says the manager and senior analyst at Canfax.
Livestock Markets, Markets

Drought, COVID-19 pandemic strengthen ranchers’ resolve

Canada became a net importer of feeder cattle in 2021

By
Midway through 2021, the Manitoba cattle industry faced its toughest stress test in decades as drought extended throughout the Prairies and threatened the livelihood of cattle producers. “It was very difficult to deal with all the facets of a drought. It really stressed individual producers. It stressed our resources to be able to deal with
CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle futures firm

Cash cattle prices provide support; lean hogs also firm with cash index

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures moved higher on Thursday, supported by cash cattle prices in the northern U.S. Plains, analysts said. “We’ve been under some pressure recently, but the cash trade was still at $138 to $140,” said Doug Houghton, technical analyst at Brock Capital Management (all figures US$). “That’s
CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle down on lagging slaughter rates

Lighter supplies support lean hog futures

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased for a fifth consecutive session on Wednesday, pressured by lagging slaughterhouse production, analysts said. “We’re just not processing cattle fast enough. Some of the supply chain bottle necks that have affected the cattle market up to this point, they still remain in play,” said
CME February 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle, lean hogs dip on regulatory concerns

Biden proposal seen improving producers' cut of price

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday, pressured by new federal efforts to address a lack of competition in the U.S. meat processing sector. The initiative, announced by U.S. President Joe Biden on Monday, includes funding for more independent meat processors, strengthening enforcement of the Packers and Stockyards Act,
CME February 2022 live cattle (candlesticks) with 50-day moving average (black line) and August 2022 live cattle (pink line). (Barchart)
Livestock, Markets

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

By ,
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
Beef cattle, Hogs, Livestock, Markets

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

By ,
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,
Photo: Canada Beef Inc.
Beef cattle, Hogs, Livestock, Markets

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

By ,
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

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →