CME June 2023 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: Hog futures extend losing streak

Feeder cattle turn higher on bargain buying

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for the fourth straight session on Monday, with the most-active June contract hitting a new low, with traders focused on cash market weakness and light demand for pork. In CME cattle futures, feeder cattle contracts rebounded from six straight losing sessions on some bargain

CME June 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Weak pork demand knocks lean hogs to contract lows

June live cattle up; feeder cattle down

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank to contract lows on Friday on concerns over anemic U.S. demand for pork, analysts said. The dramatic price decline fueled projections among traders that hog farmers may reduce their herds, after losing money for months on each pig they raise. Farmers are grappling with


Fundamentals support strength in cattle prices

Fundamentals support strength in cattle prices

The inflow of cattle at sales includes a notable number of fall calves

For Allan Munroe and the Killarney Auction Mart, the last few months have been the best of times, as good numbers of cattle continue to flow in and prices are at their highest levels in decades.  “Sales are doing very well these days. We surpassed the best we (have) ever seen before, so it makes

CME August 2023 feeder cattle with 10-, 20- and 30-day moving averages. (Barchart)

U.S. livestock: CME feeder cattle stumble to three-week low

June live cattle, lean hogs also lower

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures slumped to their lowest price in more than three weeks on Thursday, while live cattle futures also eased. Traders said the markets were overbought and pressured by technical selling and long liquidation, after feeder cattle set contract highs last month and front-month live cattle futures


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

U.S. livestock: CME live cattle extend setback to six-week low

Lean hogs follow cattle futures lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures tumbled to a six-week low on Wednesday, extending a setback from an all-time high last month as technical selling and long liquidation hit the market, brokers said. Losses in equities also pressured cattle futures amid concerns that weakness in the U.S. economy could depress demand

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

U.S. livestock: CME live cattle hit five-week low

Technical selling, economic worries add pressure; June hogs up

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped to their lowest level in more than five weeks on Tuesday as technical selling and concerns about the U.S. economy weighed on prices, analysts said. Economic worries increased after the failure over the weekend of First Republic Bank. Wall Street stock indexes sagged ahead


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle supplies remain snug

Feedlots expect significantly cheaper barley come harvest

Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Premium low-flesh yearlings were one off bids $15-$20 above average. Cattle buyers commented that there were larger volumes of fleshier yearlings. Cattle with heavier butter levels were discounted from our listed values by $5 to as much as $10.

CME June 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: Live cattle, lean hogs turn lower

August feeder cattle down second day

The Chicago Mercantile Exchange’s most-active live cattle and lean hog futures turned lower Monday on a down day overall in livestock trade. CME June live cattle ended lower Monday after three consecutive days’ climb, at one point dipping below their 10-day moving average before closing at 164.875 cents/lb., down 0.6 cents on the day (all


CME June 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures rise on cash market strength

CME cattle futures mixed

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Friday, supported by strength in the cash market and good overseas demand for pork, traders said. Cattle futures were mixed, with feeder cattle contracts easing on a round of profit-taking after setting new contract highs while live cattle contracts ended firm. CME’s most-active June

Cattle prices in Manitoba continue strong

Cattle prices in Manitoba continue strong

Weather threw a wrench in some producers’ plans

Prices at Manitoba’s cattle auctions remained strong for feeders as well as for slaughter during the week ended April 20, according to Scott Anderson of Winnipeg Livestock Sales. After closing for Good Friday on April 7, the April 14 sale was the first for Winnipeg since March 31. The number of cattle at auction was