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CME August 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: Feeder cattle futures firm on weaker corn

China's COVID lockdowns pressure CME hogs

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Chicago | Reuters — CME live and feeder cattle futures firmed on Monday, supported by lower corn futures, an input cost to feeder cattle, analysts said. “The big driver there was just lower corn,” said Josh Steinhilber, broker at Cattlehedgers.com. “We got spillover into the live cattle.” CME August feeder cattle added 5.8 cents, to
Feeder cattle prices steady, slaughter bids rising
Livestock Markets, Markets

Feeder cattle prices steady, slaughter bids rising

Canadian beef is being sought after as import volumes decrease

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While prices for feeder cattle have stayed flat ever since the start of 2022, slaughter cattle have seen a rise in prices, according to a cattle marketing analyst. Anne Wasko of Gateway Livestock Exchange at Taber, Alta. said prices for feeder cattle were rangebound during the first quarter of 2022, despite choppiness along the way.
Hungry cattle wait in the snow in Matthew Atkinson’s farm in western Manitoba.
Livestock, Weather

Wherefore art thou, spring?

Manitoba’s late dose of winter has further strained feed and complicated calving

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Spring doesn’t seem to be getting any closer for the beleaguered cattle sector. Feed supply was already tight a month ago, groups like the Manitoba Beef Producers (MBP) had reported. Farmers wondered how long they would be able to keep cattle back from pasture — pasture in dire need of a strong start without the
CME June 2022 live cattle (candlesticks) with 20-, 30-, 40- and 200-day moving averages (pink, brown, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hog futures weak as feeding costs rise

Corn's 'unending rally' drags on feeder cattle

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Chicago | Reuters — CME cattle futures fell on Wednesday as traders assessed higher feeding costs due to a sharp gains in corn. Hog futures were also weak, falling for the sixth time in seven sessions, with prospects for more COVID-19 lockdowns in China further chilling the already weak export demand from the world’s top
CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures fall to lowest since early March

June live cattle up on bargain buying

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Chicago | Reuters — CME Group hog futures fell to their lowest in more than seven weeks on Tuesday, pressured by follow-through selling after dropping in four of the previous five sessions with supplies in focus as kill rates were expected to rise. Concerns about lower pork consumption in China due to COVID-19-related lockdowns in
CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle retreat off two-month high

U.S. cattle on feed up two per cent; Chicago lean hogs end higher

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange ended lower on Friday in a profit-taking setback from two-month highs amid worries about inflation curbing consumer demand for beef, traders said. Larger-than-expected numbers of U.S. cattle on feed announced by the U.S. Department of Agriculture after the CME close could pressure futures
CME June 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle hit two-month peak

Rising cash markets support cattle; hogs down for third straight session

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Chicago | Reuters –– Live cattle futures on the Chicago Mercantile Exchange jumped to a two-month high on Thursday, led by firming cash cattle markets and optimism about a seasonal climb in U.S. beef demand as the summer grilling season nears, traders said. CME June live cattle futures settled up 1.275 cents at 139.9 cents/lb.
Blizzard to bring pain, gain for cattle producers
Livestock Markets, Markets

Blizzard to bring pain, gain for cattle producers

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Cattle producers and auction sites in Manitoba had decisions to make regarding a major blizzard hitting the southern half of the province on April 13-14. The storm dropped more than 30 centimetres of snow with higher amounts in western Manitoba. The Colorado low brought winds gusting to 70 km/h, closed all major highways and prompted

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