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CME December 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs up on lower-than-expected inventory

CME live cattle follow cash cattle lower

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Chicago | Reuters — U.S. lean hog futures climbed on Wednesday as traders grappled with mounting confusion on lower-than-expected slaughter rates, traders said. Wednesday’s daily U.S. hog slaughter was 489,000 head — or 2,000 fewer than the same period last year, according to data published by the U.S. Department of Agriculture. For the week to
Parker, Val and Darcy Watson accept their award jackets from Ron McDonald of the Manitoba Charolais Association after being named 2020 commercial breeder of the year.
Farmit Manitoba, Livestock

Darcy Watson’s eye for stock earns breed association award

Cattle producer says Charolais breed has been the backbone of the family’s operation for generations

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Commercial Charolais producer Darcy Watson has played with other genetics over the years, but he says those experiments have always led him back to Charolais. The Watson family has a long history with Charolais cattle. It was the breed his father ran, Watson recalled, and the one that he’s has pursued as he has grown
CME December 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures rebound on wholesale strength

Softening cash market drags on hog futures

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Chicago | Reuters — U.S. live cattle futures rebounded on Tuesday, correcting after the biggest drop since June 30, amid a stronger wholesale market, traders said. Lean hogs stepped back for a second day, reflecting a softer cash market, while feeder cattle followed the cash market higher. Chicago Mercantile Exchange December live cattle futures added
CME December 2020 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Futures slip on seasonal pressure

Slaughter backlogs remain a drag on live cattle

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Chicago | Reuters — U.S. live cattle futures fell on Monday, pressured by a softening in seasonal demand and the continued impact from backlogs at slaughterhouses, traders said. Lean hogs also eased on profit taking, while feeder cattle also followed live cattle for a loss. CME October live cattle futures fell 1.525 cents, to 108.35
CME December 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Domestic demand boosts hog futures

Feed grain prices drag on feeder cattle

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Chicago | Reuters — U.S. hog futures leapt to their highest price since May 2019 on Friday on strong domestic demand for pork, while feeder cattle futures tumbled to a three-month low. Gains in the swine market extend a rally driven by rising cash prices for hogs and demand from consumers. “Domestic demand has been
CME October 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures up on pork demand, cash prices

November feeder cattle touch lowest level since July 2

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Chicago | Reuters –– U.S. hog futures extended gains on Wednesday and the front-month contract reached its highest price in about a year due to strength in the cash market, traders said. Solid pork demand has underpinned cash prices in the face of large hog supplies. The U.S. pork cutout, an indication of wholesale pork
CME December 2020 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hog futures rise on strong cash markets

U.S. packers seen dialing up slaughter pace

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Chicago | Reuters — U.S. live cattle and lean hog futures advanced on Monday on expectations that cash prices will remain firm, analysts said. Cash cattle prices are expected to rise $1-$2/cwt this week as packers ramp up slaughtering, said Brian Hoops, president of broker Midwest Market Solutions (all figures US$). Fat cattle last week
CME December 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures sag on fears for economy, beef demand

Firm cash hog values support hog futures

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Friday, following as global financial markets fell after U.S. President Donald Trump tested positive for the coronavirus, adding to investor uncertainty. Disappointing U.S. job growth numbers heightened worries about consumer demand for beef, at a time when retailers are starting to

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