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CME December 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (brown and black lines, right column) and CME cash Lean Hog Index (pink line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs tumble to nine-month low on recession fears

Chicago live cattle end mixed

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Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange fell for a fifth consecutive session on Tuesday, touching a nine-month low as fears of a recession hurting consumer demand for meat triggered another round of long liquidation, traders said. Sliding prices for cash hogs and wholesale pork added to bearish
CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hog futures fall to multi-month lows

Recession fears eat at demand expectations

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit a two-month low on Monday and the benchmark December lean hogs contract hit an eight-month low as worries about the U.S. and world economy triggered a round of long liquidation, analysts said. “This market is looking for positive news, and not finding a lot.
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle, lean hogs slide on recession worries

Feeder cattle up on lower corn prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell to their lowest level since early August on Friday on fears of a global recession that could curb demand for commodities including beef, traders said. CME October live cattle settled down 0.6 cent at 144.25 cents/lb. and the most-active December contract fell 0.8 cent
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, purple and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hogs sag on macroeconomic concerns

Economy raises concern for beef demand

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, extending a pull-back from four-month highs set this week as traders worried about the health of the world economy and softening demand for beef, traders said. CME October live cattle ended down 1.025 cents at 144.85 cents/lb. and the most-active December
Part of the recipe to make Manitoba a global leader in plant and animal protein production is simply time, something pulse and livestock sectors need to work together on to ensure.
Editorial, Op/Ed

Editor’s Take: A five-year plan that works

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During the Soviet era, a perpetual source of amusement was watching the planned economies announce one “Five-year plan” after another, with lofty goals to boost steel production, grow more wheat and so forth. It was always worth a chuckle because they’d inevitably have just failed to reach the goals of the last five-year plan, yet
CME December 2022 lean hogs (candlesticks, right column) with 20- and 100-day moving averages (brown and black lines) and CME cash lean hog index (pink line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs down on weak pork prices, macroeconomic fears

Chicago cattle also end lower ahead of report

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell nearly two per cent on Wednesday as falling wholesale pork prices and worries about the health of the global economy triggered a round of long liquidation, traders said. CME October lean hogs settled down 1.55 cents at 94.425 cents/lb. and most-active December hogs fell
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle firm on strong cash trade

Nearby hogs lower despite cash strength

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Chicago | Reuters — Chicago Mercantile Exchange live cattle strengthened on Tuesday, underpinned by strong cash markets and tight supplies of market-ready cattle, though recession fears limit gains, traders said. “We saw some pretty strong cash trade in the western corn belt yesterday,” said Alan Brugler, president of Brugler Marketing. “Our long-term bias is higher,
piglets
Hogs, News

Funds lined up for programs, planning against swine fever

Details are pending on a two-year funding package for the pork industry

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The federal government is putting up an eight-figure funding wall to help prevent African swine fever from ever reaching Canada’s hog farms and to prepare against any breach. Agriculture Minister Marie-Claude Bibeau said Aug. 26 the government will provide up to $45.3 million toward a three-pronged effort to boost disease prevention and preparedness: pork sector
CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle mixed

Tight supplies underpin futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed to firmer on Monday, supported by diminished supplies of market-ready cattle that should be reflected in the U.S. Agriculture Department’s monthly Cattle on Feed report, due Friday. “It’s been a slow climb, but it’s also predicated on very large demand,” said Dennis Smith,
(File photo by Dave Bedard)
Hogs, Livestock, Markets

Manitoba pork industry grows despite ‘uncertainty’

Bacon plant, breeding facility show sector strength

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MarketsFarm — The current state of Manitoba’s pork industry is evident in a pair of large investments within the sector, according to the general manager of Manitoba Pork. Cam Dahl, who was named GM of the provincial pork organization in February last year after previously working for Manitoba Beef Producers and Cereals Canada, cited two

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