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 […] Read more

JBS signage at Greeley, Colorado. (JBS.com.br)

JBS posts quarterly loss on tight U.S. beef margins

'Greater balance' forecasted for global chicken supply

Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for its beef business in the U.S., where it gets most of its sales. JBS reported a net loss of 263.6 million reais (C$73.8 million), the […] Read more



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 […] Read more


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 […] Read more

CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: Cattle up on U.S. supply worries

CME lean hog futures sag

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Wednesday as tight U.S. supplies continued to support the market, analysts said. Feeder cattle futures also advanced, while lean hog futures declined. The live cattle market is largely trading sideways in the most-active contract this week after finishing with strong gains on Friday, […] Read more


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, […] Read more

(Scott Bauer photo courtesy ARS/USDA)

Anti-ASF funds designated for Manitoba Pork

Three initiatives will be funded through the federal African swine fever preparedness program

The Manitoba Pork Council’s efforts against African swine fever now have almost $1 million in extra financial padding. On Aug. 3, Agriculture and Agri-Food Canada announced $944,340 in funding for Manitoba’s hog farm group. Funds were provided through AAFC’s African Swine Fever Industry Preparedness Program and were slotted for three initiatives: Squeal on Pigs, increased […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME cattle firm on steady-higher cash

Lean hog futures regained after softening on Thursday

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Friday, supported by underlying strength in the cash markets and tighter cattle slaughter, analysts said. August live cattle futures LCQ3 added 2.400 cents to 180.900 cents per pound. Most-active October live cattle LCV3 lifted 1.600 cents to settle at 182.900 cents per pound. […] Read more

Photo: ARS/USDA

U.S. livestock: CME lean hogs decline; cattle inches higher

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell on Thursday, pressured by declining demand and expectations of greater supplies of market-ready hogs heading into the fall, analysts said. “You had a cutout that took a big step back yesterday. You had export numbers that weren’t especially supportive this morning, and the fact […] Read more