CME October 2023 live cattle with 10-, 20- and 50-day moving averages. (Barchart)

U.S. livestock: CME live cattle recover from six-week low

U.S. cattle-on-feed data seen as supportive

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday after dropping to a six-week low, as traders adjusted positions before a government report showed lower-than-expected placements in U.S. feedlots last month. The data, which the U.S. Department of Agriculture (USDA) issued after trading ended, should further support cattle futures next

CME October 2023 live cattle with 20-, 50- and 75-day moving averages. (Barchart)

U.S. livestock: October live cattle futures lowest since July

October hogs up almost a cent

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, with the most-active contract hitting its lowest price since July, as the market continued to retreat from recent highs. Futures and cash prices have jumped this year after drought reduced the amount of pastures available for grazing and prompted U.S. cattle


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

U.S. livestock: CME live cattle set two-week low

Lean hogs touch June low

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stumbled to their lowest level in more than two weeks on Wednesday, while lean hogs hit their lowest price since June. Drought prompted U.S. cattle producers to reduce their herds since last year by driving up feed costs and reducing the amount of pasture available

CME October 2023 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: Technical selling extends setback in CME lean hogs

Live cattle futures generally sideways

Chicago | Reuters — Chart-based selling drove Chicago Mercantile Exchange lean hog futures lower on Tuesday, brokers said, as the market extended a recent setback. Most-active October lean hog futures fell 0.95 cent, or 1.2 per cent, to settle at 78.2 cents/lb. and touched their lowest price since July 3 (all figures US$). The contract


The pork sector is concerned about the legal precedent of the state-level Prop 12.

U.S. pork firms divided over bill to overturn Prop 12

The California animal welfare law is set to come into effect in the New Year

Reuters – Some big U.S. pork producers that have spent money to comply with a California law requiring more living space for certain farm animals are lukewarm about legislation proposed in the U.S. Congress that would overturn the state law. Why it matters: Canadian pork groups say Prop 12 will introduce non-tariff trade barriers and



There have been recent large investments in the Manitoba Pork sector.

Study puts numbers to pork sector’s economic contribution

Pork’s outlook positive despite headwinds, industry says

Twenty-two thousand, or 55 per cent, of all agriculture and food processing jobs in Manitoba are tied to the hog sector, according to a new study released by the Manitoba Pork Council. “The contributions of Manitoba’s hog farming and pork processing sector to the provincial economy are substantial and show that our sector is an

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

U.S. livestock: Cattle futures fall as packers’ profit margins in red

Lean hog futures show gains

Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday, as cash cattle prices eased and packers continued to hemorrhage profits and remained reluctant to pay more for animals, analysts and traders said. Meanwhile, lean hog futures firmed as profit margins improved for pork processors. Limited cattle supplies kept a floor under the


CME October 2023 live cattle with 20- and 50-day moving averages and August 2023 live cattle (black line). (Barchart)

U.S. livestock: CME cattle firm, hogs mixed

Cattle supply outlook overrides demand concerns

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Thursday, buoyed by a round of technical support as the market remained near last week’s highs. Feeder cattle contracts also posted gains, while lean hog futures were mixed Traders said that tight supplies underpinned cattle futures prices despite demand concerns. CME August live

CME October 2023 live cattle with 20-, 30- and 50-day moving averages. (Barchart)

U.S. livestock: CME cattle steady to weak

Hogs mixed with demand in focus

Chicago | Reuters — Chicago Mercantile Exchange cattle futures were steady to weak, while hog futures were mixed on Tuesday, with the market pressured by demand concerns as the end of grilling season nears, traders said. August live cattle futures ended unchanged at 179.7 cents/lb. (all figures US$). Most-active October live cattle fell 0.525 cent,