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CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures gain

Medium-, long-term supplies tighten

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Chicago | Reuters — CME feeder cattle futures firmed on Friday, bolstered by lower corn and wheat markets that may translate into eased feed costs, traders said. CME live cattle also gained and are expected to firm next week as the trade digests the U.S. Department of Agriculture’s monthly cattle on feed report released after
Temperatures rise but prices cool at cattle auctions
Livestock Markets, Markets

Temperatures rise but prices cool at cattle auctions

Some Manitoba cattle may start heading east as volumes rise

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As hot and dry weather continues to blister the Prairies including Manitoba, the volume of cattle sales has stayed consistent as more and more producers sell their animals. “With the dry conditions, we are going to be getting busier. We are staying open through the summer to serve our customers,” said Robin Hill of Heartland
CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, purple and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle up on export demand

CME lean hog futures mixed

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Chicago | Reuters — CME cattle futures firmed on Thursday, supported by strong export demand for U.S. supplies, traders said. Hog futures were narrowly mixed, with the nearby contract firm on good weekly exports while deferreds eased on technical selling. CME August lean hog futures gained 0.075 cents to 106.65 cents/lb., while most-active October dipped
(Valerie Loiseleux/iStock/Getty Images)
Beef cattle, Forages, Livestock, Weather

‘Time is ticking’ on drought response for beef cattle sector

'We need answers like yesterday'

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As Canada’s beef farmers and ranchers face drought, industry leaders are trying to find ways to secure feed and help those forced to sell rebuild their herds. B.C. ranchers are dealing with high temperatures that have “parched the grass that was there,” Kevin Boone, general manager of B.C. Cattlemen’s Association, said during a Canadian Cattlemen’s
CME October lean hogs (candlesticks) with 20-day moving average (pink line), CME lean hog index (black line), CME August 2021 lean hogs (brown O/H/L/C) and CME October 2021 live cattle (dark red line). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs firm on strong pork demand

October live cattle follow beef prices lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained on Tuesday on short-covering and continued firmness in the wholesale pork market, traders said. “August seems like its anchored by what’s going on in the cutout,” said Altin Kalo, economist at Steiner Consulting Group. “They’ve been surprised by the strength in the pork cutout.”
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market stays firm

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Compared to last week, western Canadian prices for yearlings weighing 800 lbs. and over were unchanged; however, calves and yearlings in the 600- to 800-lb. category traded steady to $3 higher. The calf market was hard to define due to small groups of various quality. Strength in deferred live cattle futures along with the weaker
CME August 2021 feeder cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME feeder cattle firm on tighter supplies

October hogs down on supply expectations

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures climbed on Monday, as supplies tightened in the northern U.S. Plains, traders said. “You’ve got a lot of empty yards,” said Scott Varilek, broker at Kooima Kooima Varilek Trading Inc. “We don’t have a lot of large supplies, large runs. You’re going to have to
CME October 2021 lean hogs (candlesticks) with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Firm cash markets lift hog futures

Cattle futures extend slide

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Friday as firm U.S. cash markets and rising pork prices underscored tight hog supplies, analysts said. News of the first confirmed cases of African swine fever in farmed pigs in Germany added support, raising uncertainty about pork export flows. However, exports of

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