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

U.S. livestock: CME cattle futures end up on firm cash trade

Lean hog futures close mixed

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Chicago | Reuters — U.S. live cattle futures closed modestly higher on Friday, supported by strength in cash cattle markets this week, but uncertainty about beef demand in the coming months capped rallies, analysts said. Chicago Mercantile Exchange October live cattle futures settled up 0.575 cent at 107.35 cents/lb. and December rose 0.525 cent to
Manitoba’s cattle producers aren’t in a serious rush to move cattle off pasture against other work such as harvesting.
Livestock Markets, Markets

Market for yearlings beating expectations

Cattle producers are generally ‘pleasantly surprised’ by the weather

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Activity was slowly picking back up at Manitoba’s cattle auction yards in the days after Labour Day, although the fall run won’t start in earnest until October. Volumes were generally light during the week, with yearlings and butcher cows accounting for much of the activity. Rick Wright of Heartland Order Buying said the cow market was coming under
CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Futures mixed on pork export questions, cattle supplies

U.S. beef packer margins down on week

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Chicago | Reuters — U.S. livestock futures had a mixed performance on Tuesday, as the supply of cattle being offered for sale continued to shrink and traders wrestled with uncertainty over pork export demand. An additional five cases of African swine fever (ASF) were initially found in dead wild boars in Germany. Initial tests were
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Yearling market holding value

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Compared to last week, western Canadian yearling prices were relatively unchanged while calves traded $3 higher to $3 lower on average. The yearling run is well underway and there was no shortage of buying interest. Finishing feedlots were very aggressive on quality packages coming fresh off grass. Once again, buyers focused on local cattle, causing
CME December 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs fall, cattle up on technical trading, profit-taking

Hogs 'stretched out technically last week'

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Chicago | Reuters — U.S. lean hog futures slid on Monday on technical selling and profit-taking, as the trade began to question whether Chinese demand for U.S. pork will boom after rival supplier Germany confirmed a single case of African swine fever in a wild boar. U.S. pork packer margins eased but still were solid,
CME December 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs climb on bullish pork export prospects

Live cattle continue following hogs higher

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Chicago | Reuters — U.S. lean hog futures closed higher on Friday for a second session on expectations of increased export demand for U.S. pork after rival supplier Germany confirmed a case of African swine fever in a wild boar. Chicago Mercantile Exchange (CME) October lean hog futures settled up 2.2 cents at 66.575 cents/lb.
Activity slow to pick up at Manitoba cattle auctions
Livestock Markets, Markets

Activity slow to pick up at Manitoba cattle auctions

Below-average cattle counts at sales were supportive for feeder prices

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Many cattle auctions across Manitoba came back from summer breaks during the week ended Sept. 3, but the volume of cattle at auction was below average. “I think it’ll be awhile before it’s busy because there’s a lot of grass out there,” Harold Unrau, manager of Grunthal Livestock Auction Mart, said. “It’ll probably be towards

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