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CME July 2022 lean hogs (candlesticks) with 20-, 50-, 100- and 200-day moving averages (pink, brown, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs drop to January lows

Lower grain values continue to lift cattle

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Chicago | Reuters — CME lean hog futures on Tuesday dropped to their lowest prices since January on technical selling and concerns about risks to demand for U.S. meat, brokers said. U.S. pork exports to China have tumbled this year as Chinese producers rebuild their herds after outbreaks of the pig disease African swine fever.
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feedlot demand up prior to seasonal rally

Market for calves 'boiling hot' in Manitoba

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For the week ending April 30, western Canadian feeder cattle prices were quite variable. Yearlings traded $8 lower as much as $5 higher. Severe discounts were noted on fleshier cattle; some auction barns reported the bulk of cattle over 800 pounds were medium to heavier flesh. Deferred live cattle futures were under pressure but the
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

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