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CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures step back on demand uncertainty

Lean hogs down with pork production up

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Chicago | Reuters — Live cattle futures fell on Friday as a third day of softer wholesale beef prices brought retailer demand into question, traders said. “Wholesale beef prices appear to have topped again and could head lower into the holidays, other than some late buying by retailers last minute,” said Doug Houghton, technical analyst
CME February 2021 live cattle (candlesticks) with 20- and 50-day moving averages and January 2021 feeder cattle (black line). (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures step back on demand uncertainty

February lean hog futures lower

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Chicago | Reuters — Live cattle futures trimmed on Thursday as fears of additional pandemic closures weighed on the demand outlook, traders said. Chicago Mercantile Exchange February live cattle futures fell 1.35 cents to 112.575 cents/lb., the contract’s biggest decline in two weeks (all figures US$). CME January feeder cattle ended two cents lower at
CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures gain on strong cash trade

CME lean hogs down off six-week high

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Chicago | Reuetrs — Live cattle futures gained on Wednesday, supported by a firming cash cattle market as traders eye the consumer demand picture. Chicago Mercantile Exchange February live cattle futures added 0.75 cent to settle at 113.925 cents/lb. (all figures US$). Tighter cattle supplies could begin pushing cash markets higher, whittling away at historically
Cows could soon have a new meal choice in chickpeas
Livestock, News

Cows could soon have a new meal choice in chickpeas

Identifying the best chickpea crops for cattle the goal of new research

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Chickpeas could soon find a new fan base: hungry cows. As chickpea production increases around the world, those crops not suitable for human consumption are being recycled into cattle feed as a partial replacement for soybean meal and cereal grains, according to a University of Saskatchewan researcher. Peiqiang Yu and his colleagues at the Canadian Light Source (CLS), based at the
Letters

Letters: Unit transfers on Crown Lands never policy

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As Minister of Agriculture and Resource Development, I believe it is important and timely to clear up a few misconceptions concerning Agricultural Crown Land Leases and modernization of Crown land leases, legacy leases and unit transfers. Through 2018 and 2019, in consultation with stakeholders, the ACL Program undertook a comprehensive regulatory review to align future
CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle strengthen on demand outlook

Export demand supports hog futures, for now

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Chicago | Reuters — Live cattle futures rose on Tuesday, supported by strong U.S. consumer demand and high wholesale beef prices, traders said. Chicago Mercantile Exchange February live cattle futures added 0.3 cent to 113.175 cents/lb. (all figures US$). CME cattle futures have been steady in recent weeks, recovering from a slump in late October
CME February 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Lean hog futures gain on strong pork demand

Weak beef exports drag on live cattle futures

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Chicago | Reuters — Lean hog futures gained on Monday as demand for pork keeps pace with strong production, traders said. Chicago Mercantile Exchange’s benchmark February lean hog futures contract settled 1.325 cents higher at 68.575 cents/lb. (all figures US$). “Demand must be good,” said Alan Brugler, president of Brugler Marketing. “Cold storage stocks continue
CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures trim as traders weigh weak exports

Lean hogs down with pork export figures

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Chicago | Reuters — Live cattle futures fell on Friday on profit-taking during a shortened holiday-trading day, while less-than-stellar weekly beef exports added pressure to livestock futures overall, traders said. Chicago Mercantile Exchange February live cattle futures fell for the first time in the past five trading sessions, ending the day down 0.925 cent at
Cattle values expected to drop in coming weeks
Livestock Markets, Markets

Cattle values expected to drop in coming weeks

The chance of COVID-19 hitting packers again has cattle markets on edge

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Feeder cattle prices at Manitoba’s cattle auctions have been steadily rising, though the rally isn’t expected to last for much longer. “With futures dropping and grain prices going up, I expect (prices) will stay steady or drop a bit next week,” Grunthal Livestock Auction Mart manager Harold Unrau said. Feed grain prices in Western Canada have been

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