CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME hogs weaken, cattle rise as winter storms hit

Hogs touch lowest since Dec. 16

Chicago | Reuters — CME lean hog futures fell to their lowest price in more than two weeks on Wednesday and live cattle futures strengthened as snowstorms continued to disrupt livestock operations. Feeder cattle futures reached their highest price since September. Wintry weather in the northern U.S. Plains has delayed livestock shipments, reduced cattle weights

CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle, hog futures near two-week lows in broad selloff

Boxed beef values limit losses in cattle

Chicago | Reuters — CME Group livestock futures hit their lowest prices in about two weeks on Tuesday on profit-taking and widespread selling that dragged down commodity and financial markets, analysts said. Traders booked profit in live cattle after the most-active contract reached a fresh high on Thursday, brokers said. Benchmark CME February live cattle


Photo: Canada Beef

Klassen: Feeder market to start 2023 on firm tone

Counter-seasonal behaviour expected

There were no market reports last week due to the holiday season; however, I still received a few calls from cattle producers regarding the feeder market outlook for the first quarter of 2023. The feeder market finished 2022 at 52-week highs. Steers averaging 500 lbs. were readily trading over the psychological $300 level while 900-lb.

How much of livestock agriculture is actually contributing to climate change?

Op/Ed: Cows emit methane but aren’t the biggest cause of climate change

‘Cows are the new coal’ is a catchy but false slogan; however, that doesn’t mean we can’t do better

More than 30,000 people met recently in Egypt for the 27th United Nations Conference of the Parties to deal with what many consider to be the single biggest challenge facing mankind: climate change. We created this crisis over many decades and there is no quick answer or silver bullet solution. COP27 is one of the


CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME futures ease on profit-taking, feed prices

Smaller cattle supplies remain a concern

Chicago | Reuters — CME livestock futures eased back on Friday, as traders sought profits after cattle futures hit new contract highs in the previous session and on pressure from a run-up in grains, traders said. U.S. livestock markets will be closed Monday for the New Year holiday. On Tuesday, the markets will pre-open at

CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle futures hit new highs on tight supplies

Technical selling drags on hogs, again

Chicago | Reuters — CME live cattle futures and several deferred feeder cattle futures hit new contract highs on Thursday, as shrinking weights of market-ready cattle and concerns over smaller supplies helped fuel a price rally, traders said. Ongoing concerns over the recent severe winter storm impacting the livestock sector across the U.S. Great Plains



CME February 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME live cattle futures ease, supplies in focus

Hog futures down on technical selling

Chicago | Reuters — CME live cattle futures eased on Wednesday, after moving higher in the previous session, as traders watch for smaller supplies of market-ready cattle moving through the system, traders said. Snow and ice across the U.S. Great Plains last week will likely also reduce supply, shrinking weights of market-ready cattle. “The recent


CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle futures climb on tight supplies

Supply report also bullish for hog futures

Chicago | Reuters — CME live cattle futures firmed on Tuesday, supported by lower cattle supplies and the impact of cold weather on cattle weights, traders said. Winter weather last week across the U.S. Great Plains likely caused cattle to lose weight amid snow and below-freezing temperatures, said Brad Kooima, commodity broker at Kooima Kooima

Vehicles are shown wrecked along the Highway 401/402 corridor near London, Ont. on Dec. 23, 2022. (Ontario Provincial Police photo via Twitter)

Winter storm causes havoc across Canada

Alberta ranchers shelter cattle against winds

Ottawa/Winnipeg | Reuters — Strong winds, freezing rain and heavy snowfall closed schools, cut power to homes and cancelled flights across Canada on Friday as a powerful winter storm swept across the country, prompting authorities to warn people to stay indoors ahead of worsening conditions. The storm is connected to the same freezing weather system