CME February 2024 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME lean hogs mixed after approaching four-week low

Chicago cattle futures end lower

Chicago | Reuters — Lean hog futures hit their lowest level in about four weeks on Wednesday before ending mixed as traders adjusted positions before the U.S. Thanksgiving holiday. The market has dropped about eight per cent since rising on Nov. 7 to the highest price in more than a month, as ample U.S. supplies […] Read more

File photo of a desk in Canada’s Senate. (Dougall_Photography/iStock/Getty Images)

Internal dispute over privilege, bullying allegations ties up C-234

New amendment to farm fuel bill now under debate

A proposed amendment, and a dispute over senatorial behaviour, further geared down progress Tuesday of a federal private member’s bill to carve out a carbon tax exemption for grain drying and heating of barns and greenhouses. Bill C-234, which passed the House of Commons in late March, remained on the Senate’s order paper for debate […] Read more



CME February 2024 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs near four-week low amid large supply

Cattle futures slip lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest price in nearly four weeks on Tuesday as large supplies hung over the market. Technical selling added pressure on prices as December hogs dropped below 70 cents/lb. for the first time since Nov. 1, analysts said (all figures US$). The contract […] Read more


CME January 2024 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Feeder cattle top one-week high

Traders digest U.S. cattle placements data; December hogs lower

Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures finished higher on Monday after the government reported placements in feedlots were lower than analysts expected last month. The U.S. Department of Agriculture, in monthly data issued after the close of trading on Friday, said producers placed 3.8 per cent more cattle […] Read more

CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle rise ahead of bullish data

December lean hogs lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures ended higher on Friday as livestock traders adjusted positions in the markets. After the close of trading, the U.S. Department of Agriculture issued monthly data that showed producers placed 3.8 per cent more cattle into feedlots in October than a year earlier, […] Read more





(WPohlDesign/iStock/Getty Images)

U.S. livestock: Short-covering boosts CME cattle after recent decline

The U.S. hog market traded sideways on Tuesday

Chicago | Reuters — Short-covering lifted Chicago Mercantile Exchange live cattle and feeder futures on Tuesday, analysts said, extending a recovery from springtime lows reached last week. The markets were due to rise after recent fund liquidation and technical selling left the market oversold, analysts said. “The main thing is some short-covering here,” said Austin […] Read more

(Glacier FarmMedia staff photo)

Legislation allows Quebec’s UPA to rework funding formula

Bill 28 passes Quebec assembly

Quebec’s legislative assembly has passed a bill allowing the province’s overarching general farm organization, the Union des producteurs agricoles (UPA), to start the process toward a new funding model. Provincial Agriculture Minister Andre Lamontagne on Thursday announced the passage of Bill 28, which amends legislation governing organization of farming activities and the accreditation of UPA. […] Read more