CME June 2022 live cattle (candlesticks) with 20-, 100- and 200-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME hogs, cattle ease on profit-taking

Rising corn values pressure feeder cattle

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell on Friday on follow-through technical selling one day after the benchmark June contract closed lower in a huge reversal from a life-of-contract high. CME benchmark June lean hogs settled down 0.175 cent at 120.40 cents/lb., retreating farther from the contract high set

Higher prices should preface spring cattle slowdown 

Higher prices should preface spring cattle slowdown 

Costs of gain and costs of transport are both now dragging on values

Rising fuel costs, as well as last summer’s historic drought in Manitoba, have had a ripple effect on cattle auctions across the province, according to one auctioneer. Tyler Slawinski, auctioneer at both Ashern and Gladstone auction marts, said that while the cattle market is still going strong, the spike in fuel prices are affecting the


“It’s still debt, at the end of the day. It’s certainly not from a grant money standpoint. But it gave access to short-term cash.” – Wilco van Meiji, Farm Credit Canada

Producers look for credit bridge

High feed needs, plus low feed supply, plus less than optimal cash flow means producers are looking for a financial boost to get them through to spring

Winter pressure on already strained feed supplies has some producers searching for credit, as they look to tide themselves over until spring. Cash flow has been tight in a sector racked by drought last year — including a depressed cattle market as a glut of producers were forced to downsize herds. Cattle producers have since

CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME lean hogs retreat off contract highs

Corn's climb drags on cattle futures

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange closed lower on Thursday, shrugging off early support from a bullish U.S. government hog inventory report as traders appeared to focus instead on profit-taking at the end of the quarter and disappointing wholesale pork prices, traders said. CME benchmark June lean hogs settled


CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME hog futures end lower

USDA inventory data seen supportive

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange closed lower on Wednesday on profit-taking and positioning ahead of the U.S. Department of Agriculture’s quarterly hog inventory report. However, traders said the government data, released after the close, was supportive for futures. USDA reported the U.S. hog herd as of March 1



CME June 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and dark red lines) and CME’s cash lean hog index (blue line). (Barchart)

U.S. livestock: CME lean hogs climb on firm cash

Cattle futures end lower

Chicago | Reuters — Benchmark June lean hog futures on the Chicago Mercantile Exchange rose on Monday, setting a life-of-contract high on firm cash hog prices and expectations of tightening supplies. CME June hogs settled up 0.2 cent at 126.05 cents/lb., paring gains after reaching a contract top of 126.875 cents (all figures US$). The

CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Hogs set new contract highs with supplies in focus

USDA shows more cattle on feed

Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Friday, with most contracts setting new highs as strong prices for pork and concerns about supplies underpinned the market. Most-active June lean hog futures jumped 3.775 cents to finish at 125.85 cents/lb., closing above the high end of its 20-day Bollinger range after facing


A harsh winter has upped feed requirements for cattle producers who were already short.

Long, cold winter has cattle producers in tight spot

The last sprint to spring will be a tight race as producers stare down tight feed supplies

Livestock producers may be in the home stretch, but they’re far from out of the woods on feed. Tyler Fulton, president of the Manitoba Beef Producers, said a hard winter meant higher feed use than many producers expected, during a year when planning for extra feed was less than easy. “It’s tight,” he said. “It’s