GFM Network News


CME June 2021 lean hogs (candlesticks) with 20-day moving average (pink line) and June 2021 live cattle (red high/low/close). (Barchart)

U.S. livestock: Hog futures rally on technical bounce

June live cattle up, August feeders down

Chicago | Reuters — Lean hog futures rallied on Tuesday, rising 1.8 per cent on a technical bounce after three straight days of declines pushed prices to their lowest since April 30, traders said. Concerns about a tightening of supplies during grilling season added support. “We are still watching weekly hog slaughter rates,” said Rich

Animal care in modern hog production does not stop at codes of practice and regulatory enforcement. There is also verification.

Comment: Agriculture, the environment, and animal care

Pork producers have stringent care standards and deserve protection from intruders

Legislation brought forward by the provincial government has sparked debate about agriculture in Manitoba. The Animal Diseases Amendment Act has drawn comments about environmental impact and animal care. In the past, farmers produced a little of everything. A few animals, a bit of grain, produced with minimal inputs. Some nostalgically view this bygone era as


CME August 2021 live cattle (candlesticks) with 20- and 50-day moving averages (brown, black lines) and June 2021 lean hogs (pink high/low/close). (Barchart)

U.S. livestock: Live cattle futures close to unchanged

CME June lean hog futures fall

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled close to unchanged on Monday, with attempts at a bargain-buying rally fizzling out after hitting some key resistance points. Hog futures were lower, notching their third straight day of declines on a technical setback. Cattle futures had weakened along with corn futures to end

CME August 2021 feeder cattle (candlesticks) with 20-day moving average (dark red line) and August 2021 live cattle (pink line, left column). (Barchart)

U.S. livestock: Live cattle down, feeders up with corn

CME lean hog futures down

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended losses on Friday on long liquidation that also dragged down corn futures, analysts said. It was the second consecutive day that cattle futures followed declines in the Chicago Board of Trade corn market, which has retreated from eight-year highs reached last week. “Cattle got

CME June 2021 live cattle (candlesticks) with Bollinger (20,2) bands and June 2021 lean hogs (pink high/low/close). (Barchart)

U.S. livestock: Live cattle futures fall on long liquidation

Lean hogs down with pork export sales data

Chicago | Reuters — U.S. live cattle futures fell 2.5 per cent on Thursday, following broad declines in grain and livestock markets that analysts attributed to fund-driven long liquidation and technical selling after recent highs. “It seems it was a risk-off day all across the board… It was more of a technical move and just


CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (brown, dark red and black lines) and June 2021 lean hogs (pink high-low-close). (Barchart)

U.S. livestock: Live cattle futures end mixed

Feeder cattle rise as corn prices falter

Chicago | Reuters — U.S. live cattle futures closed mixed on Wednesday, with the benchmark June contract easing in a light round of profit-taking while robust beef prices continued to underpin the market, traders said. Chicago Mercantile Exchange June live cattle futures settled down 0.025 cent at 118.6 cents/lb., retreating after a climb to 119.425

CME June 2021 live cattle (candlesticks) with 20- and 100-day moving averages (brown, black lines) and June 2021 lean hogs (pink line). (Barchart)

U.S. livestock: CME live cattle extend rally as beef prices climb

June hogs down third straight day

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday for a fifth straight session, led by high-flying wholesale beef prices, analysts said. Feeder cattle futures also advanced but gains were muted as corn futures rallied, signaling higher costs to bring cattle up to market-ready weight. CME June live cattle futures settled

CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, black lines). (Barchart)

U.S. livestock: CME cattle gain as demand remains strong

Lean hogs down for second session

Chicago | Reuters — Chicago Mercantile Exchange cattle futures gained on Monday as cattle processing picked up, led by strong beef prices, while feed cattle gained on tight supplies and a lower corn trade, analysts said. CME June live cattle futures added 2.2 cents to 118.225 cents/lb., while August feeder cattle futures finished 4.425 cents


(Lovelyshot/iStock/Getty Images)

U.S. livestock: CME cattle futures up on beef prices, demand

June hogs down off recent rallies

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Friday on strong beef prices and demand for red meat that also catapulted margins for beef processors. Meat demand is high as federal stimulus checks have increased incomes and prompted consumers to spend more at supermarkets and restaurants, analysts said. COVID-19 vaccinations are also

CME June 2021 live cattle (candlesticks) with June 2021 lean hogs (dark red line). (Barchart)

U.S. livestock: Cattle, hog futures rise with wholesale meat prices

Easing restrictions prompt more dining out

Chicago | Reuters — Chicago Mercantile Exchange lean hog and live cattle futures climbed on Thursday as U.S. wholesale prices increased. Pork and beef are in high demand in supermarkets and restaurants as the distribution of federal stimulus checks has prompted consumers to spend more on food, analysts said. COVID-19 vaccinations and easing restrictions on