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CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle firm as packer margins turn negative

Lean hog futures settle lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Tuesday as supplies tighten, with beef packer margins falling into the negative for the first time in years, traders said. Beef packers lost $14.35 per head on Tuesday, compared to earnings of $1.60 a day earlier and $18.40 the week before, according to […] Read more
CME December 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures firm on technical buying

Cattle futures close mostly lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for the second day in a row on Thursday, with technical buying supporting prices following the market’s bounce from a 10-month low on Wednesday, traders said. CME December lean hog futures settled up 1.275 cents at 77.775 cents/lb. (all figures US$). Front-month October hogs […] Read more
CME October 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs up off 10-month low on bargain-buying

Live cattle also up on technical buying

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday on bargain buying, a day after the benchmark December contract fell to a 10-month low, traders said. CME December lean hog futures settled up 2.075 cents at 76.5 cents/lb. (all figures US$). Front-month October hogs ended up 3.8 cents, at 90.8 […] Read more
Be prepared for a natural disaster
Cattleman’s Corner, Livestock

Be prepared for a natural disaster

Severe weather including lightning strikes, floods and fires appears to be becoming the norm

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With the increased frequency of storms comes more lightning strikes and more cattle being struck, and usually killed. Even though there is little that can be done to prevent such losses, there are still several things to discuss. Questions to be answered include diagnosing the actual cause of death, determining whether there is insurance coverage […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Demand fears cause feeder cattle market volatility

Barley values continue upward

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Compared to last week, western Canadian yearling markets traded $4 higher to as much as $6 lower. Strength was noted in the eastern Prairie regions while the market was softer in Alberta. Western Canadian calves were extremely volatile, trading $5 higher to as much as $10 lower in some cases. It’s not uncommon for markets […] Read more
CME December 2022 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and brown lines, right column) and CME cash Lean Hog Index (black line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs, live cattle retreat on technical selling

Funds net long in hogs, cattle

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Chicago | Reuters — Chicago Mercantile Exchange benchmark December lean hog futures fell about four per cent on Tuesday, hitting a 10-month low on technical selling and worries about consumer demand for meat, traders said. Brokers shrugged off strength in outside markets including crude oil and Wall Street equity markets, which firmed as fears eased […] Read more
Keeping replacement heifers in ideal body condition
Cattleman’s Corner, Livestock

Keeping replacement heifers in ideal body condition

You don't want them too thin or too fat — aim for somewhere in between

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When weaned dairy calves are released from the calf barn and put into replacement heifer pens, there are different ways of feeding them. Some post-weaned heifers are not well fed and poor nutrition is almost guaranteed to make them struggle throughout their first lactation. Other replacement heifers are fed too well. As a result, they […] Read more
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs up on technical buying, short-covering

Recession worries still loom large

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Chicago | Reuters — Chicago Mercantile Exchange live cattle, feeder cattle and lean hog futures strengthened on Monday on technical buying and short covering, after recent selloffs were overdone, brokers said. Concerns about the risks for a global recession, which could reduce demand for beef, continued to hang over livestock markets, brokers said. Wall Street […] Read more
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle lower, underpinned by tight supply

October lean hogs also lower

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Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange eased on Friday, pressured by softening cash trade across the U.S. Plains, though markets remain supported by tightening supplies as producers continue to liquidate their herds, analysts said. “Our short-term supply issues are still front and centre. We’re running two-three per cent […] Read more
CME December 2022 lean hogs (candlesticks) with 20-day moving average (pink line, right column) and CME cash Lean Hog Index (purple line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME December hogs ease

U.S. hog herd shrinks; cattle futures firm

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Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange eased on Thursday ahead of the U.S. Agriculture Department’s quarterly hog and pigs report, released after the market closed. CME October hogs firmed 0.75 cent at 89.45 cents/lb., but most-active December hogs fell 0.1 cent to 75.725 cents/lb. (all figures US$). […] Read more

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