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CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle near eight-year highs

Cash cattle markets firm up

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Chicago | Reuters — U.S. live cattle futures climbed to contract and multi-year highs on Monday on optimism about firming cash cattle prices and tightening U.S. cattle supplies. Most-active April live cattle futures on the Chicago Mercantile Exchange settled up 1.15 cents at 165.1 cents/lb. after recording a contract high at 165.25 cents. Front-month February
(Nadezhda_Nesterova/iStock/Getty Images)
Livestock, Markets

Bill to keep supply management off trade table moving forward

CCA, other groups oppose proposal as Bloc MP's private bill passes second reading

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A federal private member’s bill that would codify the current government’s promise to leave supply-managed ag commodities out of any future free trade deals has advanced to the committee stage. Introduced last June 13 by Bloc Quebecois MP Luc Theriault, Bill C-282 came back last Wednesday to pass second reading in the House of Commons
File photo of a Canadian Holstein dairy cow outdoors. (Diane Kuhl/iStock/Getty Images)
Dairy cattle, Livestock

New U.S. ag trade chief demands Canada broaden dairy quota access

USTR's new ag rep's eyes also on Mexico GM corn ban

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Washington | Reuters — Canada must let U.S. processors of cheese, ice cream, yogurt, milk powder and other dairy products have access to its import quotas to resolve a second U.S. dairy trade challenge, Washington’s new agricultural trade boss told Reuters. Doug McKalip, chief agricultural trade negotiator for the U.S. Trade Representative’s office, told Reuters
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures firm

CME hog futures hold steady

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Chicago | Reuters — U.S. live cattle futures edged higher on Friday, with low animal weights supporting prices that hit their highest in nearly eight years earlier this week. “It’s a trend that doesn’t get reversed quickly, and likely sets us up for lighter weights well into the spring,” brokerage StoneX wrote in a note
CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures mixed, remain near highest since 2015

Chicago lean hogs end lower

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Chicago | Reuters — U.S. cattle futures were narrowly mixed on Thursday, consolidating around the near eight-year high hit earlier in the week. Limited supplies in the cash market underpinned futures prices. “The packers will have to bid up to get these animals,” said Dan Smith, senior risk manager at Top Third Ag Marketing. “The
(Saputo Cheese USA video screengrab via YouTube)
Dairy cattle, Livestock, Markets

Saputo to consolidate U.S. cheesemaking, shut three plants

Plans include one new plant, one repurposed

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The Canadian company ranked among the three biggest cheesemakers in the U.S. is preparing to consolidate five of its cheese plants in that country down to two. Montreal-based Saputo announced last Thursday it has construction underway on a new $240 million cut-and-wrap cheese plant in the Milwaukee suburb of Franklin, to be up and running
CME February 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures firm, tight supplies underpin

Hogs up off 13-month lows

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Wednesday, supported by tightening cattle supplies and strong cash trade that continue to push front-month futures to near eight-year highs. “The cash price outlook right now is very firm,” said Doug Houghton, technical analyst at Brock Capital Management. “The overall supply outlook is for
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures ease off highest since 2015

Hogs up off lowest since late 2021

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Tuesday, snapping an 11-session streak of gains on a profit-taking setback after hitting their highest in more than seven years. Some signs of weakness in the cash markets and concerns about profit margins added pressure. Hog futures were firmer after hitting their lowest in
Hogs, News

Greece detects wild ASF case

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Reuters – Greece has found African swine fever (ASF) in a wild boar in the north of the country, the World Organization for Animal Health said Jan. 23. The disease was found in a dead wild boar in a forest in the Serres region, which borders Bulgaria and North Macedonia, according to Greek authorities. Greece’s

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