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CME August 2020 live cattle with 20-, 50- and 10–day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle set one-week highs in rebound

Chicago lean hogs close lower

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Chicago | Reuters — U.S. live cattle futures rose on Tuesday, reaching one-week highs in a rebound from losses last week, as traders noted that meat companies have been slaughtering more livestock. The number of livestock being killed each day has recovered from April and May, when processors temporarily shut slaughterhouses due to massive outbreaks
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle stabilize, beef prices fall further

Technical buying supports CME lean hogs

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Chicago | Reuters — U.S. live cattle futures stabilized on Monday after falling last week as beef prices weakened, traders said. The market is expected to remain under pressure as beef production continues to recover from disruptions in April and May linked to coronavirus outbreaks among workers at meatpacking plants. Meat processors slaughtered an estimated
Online bovine export permits set to launch nationwide
Livestock, News

Online bovine export permits set to launch nationwide

A handful of Manitoba producers got a taste of the CFIA’s online export paperwork over the last few months. Now, the agency says it’s ready to expand

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Manitoba producers with cattle or bison headed to the U.S. have been able to get export permits online for months. As of June, 1, so will everyone else. The Canadian Food Inspection Agency (CFIA) says it is ready to expand its My CFIA web portal for live bovine export to all ports between the U.S.
CME August 2020 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle down as slaughter recovers, beef prices sag

Hog futures mostly up on technical buying

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Chicago | Reuters — U.S. live cattle futures fell on Friday, pressured by softening prices for market-ready cattle and declining packer profit margins as wholesale beef prices continue to slide, analysts said. Chicago Mercantile Exchange (CME) June live cattle futures settled down 1.825 cents at 93.9 cents/lb. and benchmark August fell 1.75 cents at 96.175
Increased slaughter activity revives optimism at auctions
Livestock Markets, Markets

Increased slaughter activity revives optimism at auctions

Chicago live cattle last week climbed to their best levels since early March

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Cattle prices at Manitoba auction yards have shown some considerable improvement over the past month, as activity starts to slow down ahead of the summer and earlier disruptions due to the COVID-19 pandemic have largely sorted themselves out for the time being. “It certainly has perked up,” Allan Munroe of Killarney Auction Mart said of
CME June 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Nearby lean hog futures slide as slaughter rebounds

CME live cattle up on bargain buying

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Chicago | Reuters — Chicago Mercantile Exchange nearby lean hog futures hit a six-week low on Wednesday as the U.S. slaughter pace continued to recover, generating pork supplies that pressured wholesale prices and packer margins, traders said. CME June lean hogs ended down their daily limit of 3.75 cents, at 48.65 cents/lb., while most-active July
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle sag as wholesale beef prices retreat

Slaughter counts rising 'much faster than anticipated'

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Chicago | Reuters — U.S. live cattle futures fell on Tuesday, with the August contract hitting its lowest in nearly a month as the U.S. slaughter pace picked up, sending more beef into retail channels, traders said. Chicago Mercantile Exchange (CME) June live cattle settled down three cents at 95.3 cents/lb., while most-active August ended
CME July 2020 lean hogs with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs lower on China trade worries

CME live cattle close lower

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell Monday on worries that deteriorating relations between the United States and China, the world’s biggest pork importer, could inhibit U.S. pork sales to the Asian nation, traders said. China told state-owned firms to halt purchases of soybeans and pork from the United States,

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