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Cow-calf

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

U.S. livestock: CME hog futures end lower

USDA inventory data seen supportive

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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 […] Read more
CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures rise as grains fall

Hogs ease ahead of USDA data

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Tuesday with the benchmark June contract hitting a four-week top, led by a surge in feeder cattle futures and optimism about consumer demand for beef, traders said. CME June live cattle settled up 1.7 cents at 138.475 cents/lb. while May feeder […] Read more
CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Finishers, Livestock, Markets

Klassen: Feeder market showing strength in deferred positions

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Compared to last week, western Canadian yearling prices were $3-$5 lower on average while calves traded steady to $4 lower. Outside central Alberta, the steer-heifer spread appeared to widen by $2-$4. Strength in corn futures contributed to the defensive tone. Feedlot operators buying hand-to-mouth have been caught off guard with the recent jump in feed […] Read more
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)
Livestock, Markets, Reuters

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

Cattle futures end lower

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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 […] Read more
CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

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

USDA shows more cattle on feed

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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 […] Read more
In all of Western Canada, total beef cows as of January 1, 2022 were 3.089 million head, down only 23,500 head from last year. This isn’t significant enough to say that producers liquidated cows due to the drought. This is a minor change due to market influences.
Beef Cattle, Cattleman’s Corner

Stats Can survey updates the beef numbers

Market Update with Jerry Klassen: Drought impact was less than expected, but what will the war in Europe mean to beef markets?

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Feeder cattle prices across Western Canada have been quite volatile due to geopolitical issues. I’ve received many calls from cow-calf producers and backgrounding operators regarding the timing of feeder cattle sales. Prices have varied significantly from week to week. For example, the price of 600-pound steers in Alberta varied recently by as much as $15 […] Read more
CME June 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures ease after hitting contract highs

Chicago cattle futures firm

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Chicago | Reuters — Chicago Mercantile Exchange hog futures were mostly lower on Thursday as traders locked in profits after many contracts rallied to fresh highs on Wednesday. Weak exports of pork added pressure to the hog market. Most-active June lean hog futures eased 0.9 cent to finish at 122.075 cents/lb. (all figures US$). The […] Read more
You need some patience, but the positioning of this cowboy to the side of the heifer will gently encourage her to move forward without a lot of yelling and stress.
Cattleman’s Corner, Cow-Calf, Livestock

Make use of portable corrals on pasture

Weaning and timely vaccinations can be done without bringing the herd home

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Using portable equipment (some of which is not new but hasn’t been mainstream in the cattle industry) such as portable corrals or a “Bud Box” can make handling much easier when cattle are in large range pastures, says Dr. Tom Noffsinger, a Nebraska veterinarian. Having proper facilities makes it much easier to sort and load […] Read more
CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs rally on pork price, cash market strength

Cattle futures also up on day

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Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Wednesday, with the most-active June contract jumping 2.4 per cent and hitting an all-time high, supported by rising pork prices and strength in the cash market. CME April lean hog futures rose 2.3 cents to end at 102.55 cents/lb. (all figures US$). Most-active June […] Read more
CME June 2022 lean hogs (candlesticks) with 10-, 20- and 50-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hog futures mixed

CBOT cattle futures weak

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Chicago | Reuters — Chicago Mercantile Exchange hog futures were mixed on Tuesday, with deferred contracts firming on expectations that supplies will remain tight until the summer, traders said. The front-month hog contract eased on follow-through selling after hitting technical resistance and closing well below its peak on Monday. Cattle futures also were weaker, pressured […] Read more

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