CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, dark red lines). (Barchart)

U.S. livestock: Live cattle ease on higher grain costs

Feeder cattle, lean hogs mixed

Chicago | Reuters — U.S. live cattle futures eased on Tuesday, as higher input costs could lead to near-term selling of cattle as producers are resistant to paying higher feed costs, traders said. “You’ve got your cost of gains climbing and climbing,” said Scott Varilek, broker at Kooima Kooima Varilek Trading Inc. “Could be some

CME August 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, dark red lines). (Barchart)

U.S. livestock: Cattle futures climb on USDA report

Lean hog futures' gains continue

Chicago | Reuters — U.S. live cattle futures gained on Monday, supported by Friday’s monthly Cattle on Feed report that showed smaller-than-expected placements, traders said. Chicago Mercantile Exchange June live cattle futures settled 0.55 cent higher at 116.275 cents/lb. while the August contract ended 1.1 cents higher at 117.95 cents (all figures US$). “It wasn’t


Rick Préjet will replace George Matheson as chair of the Manitoba Pork Council.

Préjet takes lead of Manitoba pork board

The longtime pork producer sees many challenges and opportunities ahead

It’s been seven years since the Manitoba Pork Council had a new face at the head of the board, but Rick Préjet of Notre Dame de Lourdes is ready to give it a go. Préjet will be the next chair of the Manitoba Pork Council, after being elected in mid-April to replace long-serving chair George

CME August 2021 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Cattle futures close narrowly mixed

CME hog futures climb

Chicago | Reuters — U.S. live cattle futures closed narrowly mixed on Friday, with nearby contracts pressured by lacklustre cash cattle trade and position-squaring ahead of a monthly government cattle report, analysts said. Chicago Mercantile Exchange June live cattle futures settled down 0.125 cent at 115.725 cents/lb. while the August contract ended up 0.125 cent


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle futures extend slide as corn prices charge higher

Chicago | Reuters — U.S. cattle futures closed lower on Thursday for the 10th time in the last 11 sessions, pressured by fund-driven long liquidation and soaring corn prices that threaten cattle feeders’ profits, traders said. Chicago Mercantile Exchange June live cattle futures settled down 1.4 cents at 115.85 cents/lb. (all figures US$). CME August

CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, red lines) and August 2021 feeder cattle (black line). (Barchart)

U.S. livestock: Cattle, hog futures sag on technical selling

Wholesale beef prices supportive

Chicago | Reuters — U.S. cattle futures closed lower on Wednesday on lacklustre cash markets, soaring feed costs and technical selling, traders said. Chicago Mercantile Exchange June live cattle futures settled down 1.95 cents at 117.25 cents/lb., with chart-based selling accelerating as the contract fell below its 100-day moving average near 117.65 cents (all figures


U.S. pork processors face higher costs, slower speeds after court ruling

They’re asking the USDA to push back against the court ruling the agency failed to evaluate the effect of new rules on worker health

Reuters – An industry group representing North America’s biggest meat packers has pushed the U.S. Department of Agriculture to appeal a Federal Court decision that cancelled an agency rule that allows pork plants to slaughter pigs more quickly. The decision issued on March 31 in U.S. District Court in Minnesota could raise costs for meat

Workers disinfect a conveyor belt, part of the measures installed to help slow the spread of coronavirus disease (COVID-19) at the Seaboard Foods pork-processing plant in Guymon, Oklahoma, May 17, 2020.

U.S. court slams brakes on Trump-era hog slaughter line-speed rule

Union cheers ruling, saying faster line speeds harm processing plant workers

Reuters – The largest U.S. meat-packing union is celebrating a recent victory in Federal Court that it said invalidated a Trump-era rule allowing hog slaughter plants to run without line-speed limits. A lawsuit brought against the U.S. Department of Agriculture (USDA) by the United Food and Commercial Workers Union and three of its local chapters