CME December 2020 live cattle with 20- and 50-day moving averages. (Barchart)

U.S. livestock: Cattle, hog futures rise on strong cash markets

U.S. packers seen dialing up slaughter pace

Chicago | Reuters — U.S. live cattle and lean hog futures advanced on Monday on expectations that cash prices will remain firm, analysts said. Cash cattle prices are expected to rise $1-$2/cwt this week as packers ramp up slaughtering, said Brian Hoops, president of broker Midwest Market Solutions (all figures US$). Fat cattle last week


Sea surface temperature (SST) anomalies over the southern Pacific for the week centred on Sept, 30, 2020. (CPC.ncep.noaa.gov)

La Nina to bring colder, drier winter

MarketsFarm — There’s a La Nina poised to exert influence on the coming North American winter, according to Drew Lerner, senior agricultural meteorologist for World Weather Inc. in Kansas. A La Nina generates colder-than-normal temperatures, as opposed to the warm temperatures garnered from an El Nino. Both weather phenomenon can be found over the Pacific

CME December 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Cattle futures sag on fears for economy, beef demand

Firm cash hog values support hog futures

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Friday, following as global financial markets fell after U.S. President Donald Trump tested positive for the coronavirus, adding to investor uncertainty. Disappointing U.S. job growth numbers heightened worries about consumer demand for beef, at a time when retailers are starting to


CME December 2020 live cattle (candlesticks) with 20-, 50- and 100-day moving averages and October 2020 live cattle (purple line). (Barchart)

U.S. livestock: Nearby cattle futures lower on profit-taking

Chicago lean hogs end mixed

Chicago | Reuters — U.S. live cattle futures closed mixed on Thursday with nearby contracts drifting lower on profit-taking a day after the benchmark December contract touched a six-week high, analysts said. Commodity funds hold a net long position in Chicago Mercantile Exchange (CME) live cattle futures, leaving the market vulnerable to bouts of long

Cattle producers have lofty new goals in the run-up to 2030.

Beef sector aims for new 2030 targets

The beef operation of 2030 will have a smaller environmental footprint,better grazing ecosystems and greater efficiency

The Canadian beef industry has new benchmarks to strive for in the next decade. The organizations involved in Canada’s National Beef Strategy — the Canadian Cattlemen’s Association, Canada Beef Breeds Council, Beef Cattle Research Council, Canada Beef, The National Cattle Feeders’ Association, Canadian Meat Council and Canadian Roundtable for Sustainable Beef — have announced a


Plett named Cattlemen’s Young Leaders finalist

Laura Plett was one of two Manitobans named to 16 finalist spots through the 2020 Cattlemen’s Young Leaders (CYL) Mentorship Program

Laura Plett’s story and farm plan was enough to land her one of 16 finalist spots in the Cattlemen’s Young Leaders (CYL) Mentorship Program, offered through the Canadian Cattlemen’s Association (CCA), this year. The finalists, all between 18 and 35 years of age, were selected after a virtual roundtable event Aug. 10. A panel of




CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures up on cash market optimism

Wholesale pork values support October hogs

Chicago | Reuters — U.S. live cattle futures closed firm on Monday, rallying after a sharply lower open as strong packer margins raised expectations for higher cash cattle trade this week, analysts said. Average beef packer margins rose to $320.18 per head, from $313.25 on Friday, according to livestock marketing advisory service HedgersEdge.com (all figures