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CME December 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle sink to June lows

Lean hogs set contract lows

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures plunged to four-month lows on Monday under pressure from bigger-than-expected placements into U.S. feedlots last month. Lean hog futures set contract lows. The U.S. Department of Agriculture, in a monthly report issued after trading ended on Friday, said placements of cattle in feedlots during September totaled
In 2019, Cargill estimated 6.5 million pounds of eligible beef was losing certification at the feedlot level.
Beef cattle, Livestock, News

CCIA to track certified sustainable beef

The Canadian Roundtable for Sustainable Beef says greater data visibility will help it find the holes in its pipeline

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A new partnership with the Canadian Cattle Identification Agency will help Canada’s certified sustainable beef system find out where cattle are dropping out of the supply chain, according to the Canadian Roundtable for Sustainable Beef. It will also allow producers to track certified animals through the value chain, said the CRSB. Why it matters: Under
CME December 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures hit contract lows

Cattle futures also sag

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Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell to life-of-contract lows on Friday and cattle futures also retreated, pressured by technical selling and worries that a slowing global economy could hurt demand for meat, traders said. Hog futures fell the most, with the benchmark December contract settling down two cents,
CME January 2024 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle sag on packer margins, beef export sales

December lean hogs turn slightly lower

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Chicago | Reuters — Live cattle futures eased and feeder cattle tumbled to June lows at the Chicago Mercantile Exchange on Thursday as poor margins for U.S. beef processors limited demand for livestock, brokers said. A marketing-year low in weekly U.S. beef export sales also hung over the market. Meat companies are grappling with tight
CME December 2023 live cattle with 20- and 50-day moving averages and June 2024 live cattle (black line). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures mixed as packer margins stay in red

December lean hogs up off Tuesday's contract low; deferred months lower

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures were mixed on Wednesday, as beef packer margins stayed in the red and cash cattle prices were expected to be steady to higher, traders said. Hog futures were also mixed on the day. February and May lean hog futures dipped to new contract lows on sluggish
University of Saskatchewan researcher Paola Elizalde Ruiz drops an experimental vaccine vector into the eye of a calf.
Beef cattle, Livestock

Vaccination for cattle aims to leave pink eye in the dust 

New method promises to battle disease where it lives

By
Glacier FarmMedia – Treating pink eye in cattle on pasture can be frustrating, time consuming and only minimally effective. That’s why researchers with the University of Saskatchewan have completed a trial project that may set the stage for more effective treatment. Results from the recent study, started by now-retired researcher Philip Griebel, suggest that dropping
CME December 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

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

Chicago lean hogs slump

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Tuesday, amid ongoing concern over animal weights shrinking and a steady stream of heifers being sent to slaughter, traders said. Rising cash cattle prices also gave the beef market a boost on the day, traders said. The U.S. Department of Agriculture said meat processors
CME December 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME hog, cattle futures decline

Pigs seen bulking up on new-crop corn

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Chicago | Reuters — Chicago Mercantile Exchange livestock markets weakened on Monday, with lean hog futures nearing their lowest price in more than four months. Concerns about lacklustre demand for U.S. pork continued to hang over the market, analysts said. Seasonally, hog futures also tend to decline around this time of year as pigs fatten
CME December 2023 live cattle with 20- and 50-day moving averages and ICE December 2023 Brent crude (black line, left column). (Barchart)
Livestock, Markets

U.S. livestock: Cattle retreat as energy rally dents beef demand outlook

Lean hog futures mostly also lower

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday as traders banked profits and squared positions ahead of the weekend as geopolitical turmoil riled energy markets and stoked concerns about beef demand. Crude oil rallied more than five per cent on Friday on the escalating Middle East conflict as the Israeli military
CME December 2023 live cattle with 30-, 40- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hogs rise on technical buying

USDA supply data seen as priced into market

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Thursday as technical buyers stepped into the market after prices weakened earlier in the session. Traders said the massive supplies reported by the U.S. Agriculture Department have been priced in and speculators were likely to buy any dip in the market at current levels.

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