CME May 2023 feeder cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME feeder cattle hit new highs

Chicago lean hogs hit new low

Chicago | Reuters — Chicago Mercantile Exchange’s April and May feeder cattle futures hit fresh contract highs on Tuesday on tight supplies, as analysts said they expected cattle placements to continue to trend down, traders said. Meanwhile, CME May lean hogs hit a contract low of 78.5 cents/lb., before closing down 2.175 cents at 78.825



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

U.S. livestock: CME feeder cattle hit new highs on supplies, cash market

Live cattle, lean hogs also up

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures hit new all-time highs in the nearby contracts on Monday, as bidding wars continue to rally cash prices as more producers show interest in expanding their herds, traders said. The rally helped give a boost to the pork market, where CME April lean hogs ended

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

U.S. livestock: CME live cattle pull back from all-time highs

Chicago lean hogs up off contract lows

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Friday after racing to all-time highs during the previous three sessions as tightening U.S. supplies rallied cash prices. Profit-taking and technical pressured futures following the surge, though the market could still post new highs moving forward, analysts said. Surging cash prices this week


Prices up, head counts down at auction sales

Prices up, head counts down at auction sales

Lower Chicago corn futures have been supportive for values

Manitoba cattle auctions were a mixed bag for the short pre-Easter week ending April 6, with some closed and others having regular sales. It will be a similar situation the following week, all leading to a noticeable decline in the number of cattle coming to auction. “We are starting to see numbers dropping off. We

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

U.S. livestock: CME live cattle hit another record high

Cattle producers seen playing hard ball; hogs touch contract lows

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a record high for the third consecutive session on Thursday as producers held out for higher prices from meatpackers searching for supplies, brokers said. Strong cash prices and tightening supplies have pushed futures above a 2014 record for the front-month contract, after ranchers reduced


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

U.S. livestock: CME live cattle hit record high as packers scramble for supplies

Chicago lean hogs continue lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stormed to an all-time high on Wednesday as meatpackers scrambled to buy livestock at a time when supplies are tightening, brokers said. Ranchers have reduced their herds due to high feed costs and drought in the western U.S., forcing packers such as Tyson Foods and

photo: diane kuhl/istock/getty images

Cow, calf records offer valuable insight

When looking to improve calving and herd records, online resources and other producers are sources of aid

Most cattle producers keep some form of calving and herd records but there’s always room for improvement. In fact, there’s almost no limit to how much one can ‘geek out’ on herd data collection. “To try to track everything is overwhelming and just about a full-time job in itself,” said Andrea Bertholet, a provincial livestock


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

U.S. livestock: Cattle futures continue climbing

Lean hog futures down on day

Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures continued climbing Tuesday, with most-active June live cattle again reaching a new contract high. CME June live cattle closed Tuesday at 163.95 cents/lb., up 0.25 cent on the day, while lightly-traded front-month April also closed at a new contract high of 172.3 cents, up 0.925

(Photo courtesy Canada Beef Inc.)

Klassen: Demand surges for grass cattle

Barley, corn expected to be cheaper next fall

Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Certain auction markets did not have sales due to the shortened holiday week. Adverse weather also shuttered some sales on Wednesday and Thursday in the eastern Prairie region. Southern Alberta feedlots are contending with poor pen conditions which may