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CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures firm on wholesale strength

Hogs up as slaughter outpaces year-earlier period

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Wednesday as boxed beef prices offered support ahead of the upcoming holiday weekend, traders said. “It’s the main week for retailers to lock up their Labour Day supplies. That’s kept a floor under the cash market,” said Alan Brugler, president of Brugler Marketing.
The goal should always be to produce the healthiest cattle
Beef cattle, Livestock

The goal should always be to produce the healthiest cattle

Beef 911: We need to get rid of the notion that high-risk cattle are the most profitable

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I’ve heard it said on the feeder side that high-risk cattle are the most profitable. The argument is that when you run the numbers and take into account morbidity, mortality and all other costs, these cattle have the potential to make the most profit at the end of the day. Of course the big factor
CME October 2020 lean hogs with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Lean hog futures pull back on shaky demand

CME October live cattle remain flat

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slid on Tuesday as traders eyed large seasonal hog supplies against uncertain domestic consumption and weak exports. CME October lean hogs settled 2.1 cents lower at 51.425 cents/lb. (all figures US$). “Supplies are large, and there’s always uncertainty about export demand,” said Doug Houghton, analyst
CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle step back after eight-session climb

Hog sector seen having 'curbed expansion'

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures pulled back on Monday in profit taking ahead of the U.S. Department of Agriculture’s Cattle on Feed report at the end of the week, traders said. Live cattle fell for the first day after eight sessions of gains. The pullback reflects uncertainty about the USDA
CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle rise on higher beef prices, grilling demand

CME October hogs also settle higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to advance Friday, supported by increasing beef prices and expectations of continued meat demand going into the Labour Day weekend, traders said. Beef prices usually rise heading into the September holiday, when consumers often barbecue either at home or with family and friends. Beef
Livestock, News

U.S. farm state senators in a beef over livestock bill

COVID price downturn has some saying the market isn’t transparent enough

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Reuters – Two senior Republican U.S. senators from top farm states have locked horns over legislation intended to make North American cattle markets more transparent, after the COVID-19 pandemic tanked livestock prices. U.S. Senator Chuck Grassley from Iowa and a bipartisan group of colleagues introduced a bill in May that would force meat packers like
CME October 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle gain as slaughter rates, beef exports rise

October lean hogs up three-quarters of a cent

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to rally Thursday, holding to a nearly six-month peak in prices, as exports to China also grew, traders said. China was a big buyer of U.S. beef in the latest week, with sales of 1,927 tonnes for the period through Aug. 6, the most
This file photo shows a rack of blood samples being tested for bovine tuberculosis in New Zealand dairy cattle. (Lakeview_Images/iStock/Getty Images)
Beef cattle, Livestock

Bovine TB probe wraps with no exact point of entry found

'More stringent' tests now being run on U.S. rodeo cattle imports

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Federal inspectors have formally closed the book on a 2018 outbreak of bovine tuberculosis (TB) in a British Columbia cattle herd, but with “no definitive source of infection” found. The probe dates back to October that year, when a beef cow of an unknown age, from a cow-calf operation in B.C.’s southern Interior, was culled,
CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle set five-month high, beef prices rise more

USDA cuts pork production forecast

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures leapt to a five-month high on Wednesday and feeder cattle futures neared a six-month peak as boxed beef prices continued to rise. Meatpackers are paying more for cattle due to the strength of the beef market, traders said. Prices typically rise heading into Labour Day,
CME September 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures rise with U.S. beef prices

Chicago lean hogs retreat

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures advanced on Tuesday, supported by increasing beef prices, traders said. Beef prices usually rise heading into Labour Day, and there is a feeling the market has bottomed after recent volatility, said Don Roose, president of Iowa-based broker U.S. Commodities. Prices for choice cuts of boxed

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