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Livestock Livestock

CME April 2021 lean hogs with 20-, 40- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures drop on end-of-month profit taking

Live cattle book biggest one-day drop since November

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Chicago | Reuters — U.S. hog futures dropped 2.9 per cent on Friday, with traders locking in profits from the rally on the last session of February. The loss, which pulled the market from the nearly two-year high hit on Thursday, was the biggest for hogs in percentage terms since Nov. 19. It snapped a […] Read more
(Stanzi11/iStock/Getty Images)
Dairy Cattle, Livestock

Dairy farmers asked to pass on palm byproducts in rations, for now

Seek out other ingredients while hard-butter issue under review, DFC asks

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Canadian dairy farmers whose feed rations include supplements made with palm byproducts are being asked to consider other options while consumer complaints over butter are probed more closely. Dairy Farmers of Canada on Thursday asked its farmer members to “consider alternatives to palm supplements” pending the outcome of a review of “issues that have been […] Read more
CME April 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs firm on follow-through buying, cash strength

U.S. beef export sales down on week

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Chicago | Reuters — Chicago Mercantile Exchange live hog futures rose for the fourth day in a row on Thursday, hitting its highest since May 2019 on follow-through buying after rising the daily trading limit on Wednesday, traders said. Strength in the cash market also supported hog prices but the market closed off its high […] Read more
(Shadowinternet/E+/Getty Images)
Hogs, Livestock

Canada’s active PED case count dwindling

Affected Manitoba farms now all presumptive-negative

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The number of active outbreaks of porcine epidemic diarrhea (PED) on hog farms in Canada has shrunk to a few in Eastern Canada, with affected sites elsewhere now believed negative for the disease. Manitoba Pork announced Wednesday that the last of the premises to report a PED outbreak in that province in 2020 has now […] Read more
CME April 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures limit-up to highest since May 2019

Cattle futures bounce on bargain buying

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Chicago | Reuters — U.S. lean hog futures rose their daily limit on Wednesday, hitting their highest in nearly two years on tight frozen stocks and expectations for strong Chinese demand, traders said. The U.S. Agriculture Department’s cold storage report issued on Tuesday afternoon fueled buying on Wednesday. “Belly and trim stocks are at four-year […] Read more
CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures rise to highest since July 2019

April cattle dip to below 30-day moving average

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Chicago | Reuters — Chicago Mercantile Exchange live hog futures rose to their highest since July 2019 on Tuesday, underpinned by strong demand. Cattle futures weakened for the fourth time in five days, with the most-active April live cattle contract sinking to a one-month low as activity at meat processors picked up with improving weather […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle demand surges

Cow-calf producers already thinking spring

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Compared to last week, western Canadian yearlings sold $3-$5 higher while calves traded $6 to as much as $10 higher. The return of moderate temperatures enhanced buying enthusiasm across the Prairies. Strength in deferred live cattle futures appeared to offset strong feed grain values. Yearling prices were rather soft through January and the first half […] Read more
CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures fall as supplies seen rising

April lean hogs up from Friday

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Chicago | Reuters — U.S. live cattle futures fell on Monday, pressured by expectations of rising supplies as improving weather conditions in the southern U.S. Plains will allow meat processors to increase their slaughter, traders said. A deep freeze last week across Texas and the southern U.S. Plains caused power failures that shut down meat […] Read more
The number of cattle processed at Canadian and U.S. packing plants exceeded expectations from July through December 2020.
Cattleman’s Corner, Livestock, Markets

COVID impact may be easing by early summer

Market Update with Jerry Klassen: Life may not be quite back to normal, but beef markets might be

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The beef and cattle markets continue to recover from the effects of the COVID pandemic. During the first quarter of 2020, beef demand was adjusting to higher unemployment levels as coronavirus spread throughout the U.S. and Canada. The problem was exacerbated when outbreaks of the virus among workers forced processing plants in Canada and the […] Read more
CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters, Weather

U.S. livestock: Live cattle end week lower

Hogs down on Olymel's plan to ship Canadian hogs south

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Chicago | Reuters — U.S. live cattle futures rose on Friday, but failed to end the week higher as a cold snap across the U.S. Plains and into Texas hampered slaughterhouses and backed up cattle, traders said. “There’s still a big mess,” said Dennis Smith, commodity broker at Archer Financial. “The good news is, the […] Read more

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