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Beef prices that are likely to remain strong as retailers prepare for Labor Day demand. Photo: iStock/Getty Images
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Live cattle firms on firm beef demand; cash market lifts hogs

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed on Friday, supported by robust beef prices that are likely to remain strong as retailers prepare for Labor Day demand through the month of August. “The retailer will have beef going into the meat case, and that’s going to keep the product market together,”
Photo: ARS/USDA
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Hog futures gain as cash index climbs

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures climbed on Wednesday, after being lower for two days, supported by a strong cash market, as analysts watch for market-ready hog numbers to begin seasonally moving higher. “The cash hog strength is impressive,” said Matthew Wiegand, Risk Management Consultant at FuturesOne. CME’s nearby August lean
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: Cattle futures end higher on firm beef prices

Futures up before new USDA figures released

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Friday, supported by strong beef prices and positioning ahead of U.S. government reports released after the close of the market, traders said. CME August live cattle futures settled up 1.65 cents at 137.375 cents/lb. and most-active October ended up 2.025 cents at
CME August 2022 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and brown lines) and CME’s cash lean hog index (black line). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures end mixed

Cash markets lift August hogs; live cattle lower, feeder cattle up

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed mixed on Thursday, with the front August contract gaining against back months as a heat wave in the Midwest and Plains helped support nearby cash hog prices, traders said. CME August lean hog futures settled up 1.425 cents at 116.3 cents/lb. while most-active October
(Dave Bedard photo)
News

Subway can be sued over its tuna, U.S. judge rules

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A U.S. federal judge said Subway can be sued for allegedly deceiving customers about its tuna products, including a claim it uses other fish species, chicken, pork and cattle instead of the advertised “100 per cent tuna.” U.S. District Judge Jon Tigar in San Francisco called it premature to accept Subway’s argument that any presence
CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Rising wholesale meat prices lift futures

CME live cattle buck seasonal trends

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures ended higher on Tuesday as wholesale beef prices rose, bucking seasonal trends and spurring hopes for higher cash cattle prices this week, traders said. CME August live cattle futures settled up 0.1 cent at 135.725 cents/lb. and most-active October ended up 0.5 cent at 141.1
CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Weather

U.S. livestock: Cattle, hog futures up on hot spell, firm meat prices

Heat wave lowers animals' rate of gain

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Monday on spillover strength from outside markets including Wall Street, as well as firm wholesale beef prices and worries about hot weather stressing cattle in the Plains and Midwest, traders said. CME August live cattle futures settled up 0.7 cent at 135.625 cents/lb.,
CME August 2022 live cattle (candlesticks) with 10-, 20- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures weak, hogs slightly higher

Futures gain on the week

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell for the second day in a row on Friday, with expectations that supplies will outstrip demand in the coming months. The most-active August live cattle futures dropped 0.475 cent to settle at 134.925 cents/lb. (all figures US$). The contract fell below its 10-day moving average
Manitoba Beef president sees better times ahead
Livestock Markets, Markets

Manitoba Beef president sees better times ahead

Cattle values haven’t kept pace with producers’ rising costs

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There was no doubt a recovery for Manitoba’s cattle industry after last year’s drought was going to take time. While there are still plenty of challenges among cattle producers, including high grain prices and record amounts of precipitation since last winter, Manitoba Beef Producers (MBP) president Tyler Fulton is looking ahead. “The drop in corn

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