Livestock & Production Tips

CME November 2018 feeder cattle, with 20-day moving average. (Barchart)

U.S. livestock: Hog, cattle futures lower on plentiful supplies

By Michael Hirtzer, GFM Network News October 10, 2018

Chicago | Reuters — U.S. hog futures fell for the third day in a row on Wednesday, with the market under pressure from plentiful supplies, traders said. Cattle futures also closed lower, sinking to their lowest in nearly a month. Heavy rains in key production areas were spurring producers to market their animals more quickly, […] Read more

CME lean hogs: October 2018 in black, December 2018 in pink. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Hog futures slump on ample supplies

By Michael Hirtzer, GFM Network News October 9, 2018

Chicago | Reuters — U.S. lean hog futures fell more than one per cent on Tuesday, weighed down by technical selling and expectations that supply will increase, traders said. Cattle futures were only slightly lower on the Chicago Mercantile Exchange, staying within the narrow range that has defined the trade for weeks. CME December hogs, […] Read more

Finishers, Livestock, Markets, Weather

Klassen: Feeder market softens on adverse weather

By Jerry Klassen, GFM Network News October 8, 2018

Compared to last week, western Canadian feeder cattle prices were quite variable due to adverse weather. Rain and snow plagued much of the Prairies, which dictated buying behaviour. Yearlings traded within $5 on either side of unchanged; major feedlots focused on local cattle, which caused the Alberta markets to trade at a small premium to […] Read more

CME October 2018 live cattle, with 20-day moving average. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Lean hogs, live cattle approach seven-month highs

By GFM Network News October 8, 2018

Chicago | Reuters — Chicago Mercantile Exchange lean hog and live cattle futures climbed to their highest prices in about seven months on Monday. Pushing cattle futures higher was optimism that cash prices will improve this week, traders said. Fed cattle in Texas and Kansas stayed mostly steady last week at about $111/cwt in the […] Read more

CME October 2018 lean hogs, with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Lean hogs extend recovery, near six-month high

By GFM Network News October 5, 2018

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to their highest prices in about six months on Friday on technical buying. CME October hogs reached a session high of 68.825 cents/lb., the contract’s highest price since April 19, before paring gains (all figures US$). It ended up 0.7 cent/lb., at 68.2 cents. […] Read more

Beef Cattle, Hogs, Livestock

Maple Leaf to buy Quebec pepperoni processor

By GFM Network News October 4, 2018

Meat processor Maple Leaf Foods plans to boost its space in the pepperoni and dry-cured meats market with a deal for Montreal-based Viau Foods. Toronto-based Maple Leaf announced Tuesday it will pay $215 million, including $30 million in Maple Leaf shares, for Viau, which today bills itself as “Canada’s most important independent producer of pepperoni.” […] Read more

Dairy cattle in Canada. (Pearman314/iStock/Getty Images)

Dairy Cattle, Livestock, Reuters

Dairy farmers unhappy after meeting Trudeau on USMCA

By GFM Network News October 4, 2018

Ottawa | Reuters — Canadian dairy farmers met Prime Minister Justin Trudeau on Thursday to discuss his politically-risky move to open up the protected domestic market to U.S. industry but complained he had not given them details about compensation. As part of the talks to complete the new United States-Mexico-Canada Agreement (USMCA) trade deal, Canada […] Read more

Sides of pork in cold storage. Tariffs on U.S. pork in China and Mexico have curtailed U.S. exports, resulting in price-depressing oversupply. (Agnormark/iStock/Getty Images)

Hogs, Livestock, Markets

Hog producers continue struggle toward profitability

By GFM Network News October 4, 2018

CNS Canada — Hog prices might have regained some value in recent days, but many producers are still a long way from profitability, according to the chair of Manitoba Pork. That’s why lenders such as Farm Credit Canada, who show they understand the needs of producers who are dependent on commodity markets, are appreciated, said […] Read more

(Deyana Robova photo/iStock/Getty Images)

Livestock, Markets, Reuters

U.S. livestock: Hog, cattle contracts end mixed

By Reuters, GFM Network News October 4, 2018

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly lower on Thursday, with deferred contracts setting back on a round of profit-taking. The front-month October hogs contract ended slightly higher, but closed below session peaks, in thin trading. Live cattle contracts followed a similar pattern to the hogs, with the front-month contract […] Read more

CME October 2018 lean hogs, with 20-day moving average in red. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: CME lean hogs touch highest since April

By GFM Network News October 3, 2018

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose for the fourth consecutive session on Wednesday and touched their highest prices in more than five months. CME October hogs traded up to 67.550 cents/lb., the contract’s highest price since April 20, before paring gains (all figures US$). It ended up 1.05 cents, to […] Read more

GFM Network News

U.S. livestock: Cattle fall sharply as Trump says he’s working to lower beef costs

Alberta Crop Report: Harvest reaches completion

U.S. grains: Corn, soybeans rise on yield uncertainty, firming cash markets

Livestock

U.S. livestock: Hog, cattle futures lower on plentiful supplies

U.S. livestock: Hog futures slump on ample supplies

Klassen: Feeder market softens on adverse weather

U.S. livestock: Lean hogs, live cattle approach seven-month highs

U.S. livestock: Lean hogs extend recovery, near six-month high

Maple Leaf to buy Quebec pepperoni processor

Dairy farmers unhappy after meeting Trudeau on USMCA

Hog producers continue struggle toward profitability

U.S. livestock: Hog, cattle contracts end mixed

U.S. livestock: CME lean hogs touch highest since April

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