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CME February 2023 lean hogs with 20-day moving average (pink line) and CME cash lean hog index (purple line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs drop as pork cutout sinks to near two-year low

Cattle futures also follow beef values lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday for the ninth time in 10 sessions as weak cash hog prices and lower pork values dragged the market to a fresh three-month low, traders said. Pork packer margins have eroded and the closely followed cash wholesale pork cutout value fell on […] Read more
CME February 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs sink to three-month low on weak pork prices

Live cattle steady to higher

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Tuesday for the eighth time in nine sessions on concerns about pork demand and slumping pork prices, traders said. The actively traded February lean hog contract dropped to a three-month low as packer margins eroded and the pork cutout price slid to the […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market looks upward

Quality of available cattle contributes to volatility

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Western Canadian feeder cattle prices were quite variable. Compared to three weeks ago, Alberta prices were steady to $2/cwt higher while in Saskatchewan, prices were $8-$10/cwt higher on average with lighter-weight cattle jumping as much as $15. For example, in central Alberta, higher-quality 800-lb. steers were trading from $230 to $235 and 600-pounders were valued […] Read more
CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs up off three-month low on bargain buying

Chicago cattle futures also gain

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures bounced from a three-month low on Monday and settled higher for the first time in eight sessions in a technical and bargain-buying rally to start the first full trading week of the year. Cattle futures also gained on improved packer demand following recent weeks of […] Read more
Once the calf hits the ground it is important to make sure the cow has proper nutrition leading up to breeding season.
Cattleman’s Corner, Cow-Calf, Livestock

Get and keep cows ready for rebreeding

A balanced ration needs to include essential mineral mix

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Last year, a record-breaking cold Prairie winter followed by a snowy spring and a shortage of good-quality forage left a lot of overwintered beef cows in dire body condition by the time they calved. Many didn’t recover during the months leading up to the breeding season. As a result, many cows were not prepared to […] Read more
CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs extend slide to three-month low

Cattle also lower; "no urgency in this market right now"

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Chicago | Reuters — CME lean hog futures sank to a three-month low and closed weaker for the seventh consecutive session on Friday on concerns about weak demand, brokers said. An increase in hog weights also hung over the market, after recent winter storms delayed processing and backed up livestock on farms, brokers said. Pork […] Read more
Beef supplies will tighten by mid-2023 
Beef Cattle, Cattleman’s Corner, Markets

Beef supplies will tighten by mid-2023 

Market Update with Jerry Klassen: Feeder cattle market will function to encourage expansion

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Western Canadian feeder cattle prices trended lower throughout the fall. During late August and the first half of September, higher-quality yearlings in Manitoba weighing 850 pounds were trading in the range of $255-$260/cwt. In early December, replacement cattle of similar quality in the same region were quoted at $240. Calves had a similar trend, dropping […] Read more
CME February 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs touch three-week low

Most live cattle futures settle lower

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Chicago | Reuters — CME lean hog futures set a three-week low on Thursday, under pressure from losses in broader markets and following recent weakness in cash hog prices, analysts said. Feeder cattle futures also ended lower as the market pulled back one day after hitting a September high. Livestock markets took signals from a […] Read more
Fortunately, a cow herd can acclimatize to cold weather but their feed intake will increase in order to stay warm.
Cattleman’s Corner, Cow-Calf, Livestock

Increase in open cows blamed on poor diet

Start with a decent body condition after summer grazing and keep it maintained through to calving

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Many beef producers this fall confirmed a surprising number of open cows after they brought them home. I speculate that not enough feed last winter, a record-breaking cold winter and a wet spring failed to prepare many beef cow herds for good conception rates. Fortunately, most producers now have good feed inventory, which I am […] Read more
CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs weaken, cattle rise as winter storms hit

Hogs touch lowest since Dec. 16

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Chicago | Reuters — CME lean hog futures fell to their lowest price in more than two weeks on Wednesday and live cattle futures strengthened as snowstorms continued to disrupt livestock operations. Feeder cattle futures reached their highest price since September. Wintry weather in the northern U.S. Plains has delayed livestock shipments, reduced cattle weights […] Read more

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