CME February 2019 live cattle, with 50-day moving average. (Barchart)

U.S. livestock: Cattle, hogs mostly higher on technical buying

Chicago | Reuters — U.S. livestock futures were mostly higher on Wednesday, with cattle buoyed by expectations for gains in cash markets while hogs climbed on short covering after staying above Monday’s six-week lows, traders and analysts said. Prices for both cattle and hogs moved in relatively narrow ranges on the Chicago Mercantile Exchange (CME) […] Read more



CME February 2019 live cattle with 20-day moving average. (Barchart)

U.S. livestock: Nearby live cattle rise on firm cash prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Friday, with firm cash cattle markets supporting actively traded nearby months. Forecasts for possible winter weather in the U.S. Plains next week, which could slow down weight gains and cattle marketings, added further support. Feedlot cattle in Nebraska traded at mostly $119/cwt […] Read more

CME January 2019 feeder cattle with 20-day moving average. (Barchart)

U.S. livestock: February hogs down, cattle up ahead of USDA data

Chicago | Reuters — Chicago Mercantile Exchange cattle futures edged higher while hog futures eased slightly on Thursday as traders awaited the release of two key U.S. government reports. The U.S. Agriculture Department reports, released after the market closed, showed that the U.S. hog herd was slightly lower than analysts were expecting, at 102 per […] Read more






(Screengrab from Allflex video via YouTube)

Merck bolsters animal health unit with Allflex deal

Reuters — Merck and Co. said on Friday it will buy privately-held French company Antelliq Group, which makes digital identification products for livestock, for about 2.1 billion euros (C$3.19 billion) to bolster its fast-growing animal health business. The move affirms the drugmaker’s commitment to the business, which Wall Street analysts have long seen value in […] Read more