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CME October 2022 lean hogs (candlesticks) with 100-day moving average (black line) and Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs hit 6-1/2-month low on slowing demand

Live cattle dip below 20-day moving average

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Chicago | Reuters — Chicago Mercantile Exchange hog futures fell to a 6-1/2-month low on Wednesday with demand for pork fading as the traditional U.S. grilling season nears its close. Cattle futures were mixed, with live cattle contracts sagging on weakness in the cash markets while feeder cattle contracts closed higher. Hog futures have fallen […] Read more
CME October 2022 lean hogs (candlesticks) with 40-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures firm after hitting six-week low

Chicago cattle futures weak

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Chicago | Reuters — Chicago Mercantile Exchange hog futures edged higher on Monday, with the market recovering after hitting its lowest in nearly six weeks on Friday, traders said. But gains were kept in check by poor exports and ample supplies of pork. Cattle futures were weaker as the market digested a report released late […] Read more
The cattle market will move through a transition phase in the fourth quarter of 2022.
Beef Cattle, Cattleman’s Corner, Markets

U.S. cattle herd continues to contract

Market Update: Lower feed grain prices this fall will improve feeder margins

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During the first half of August, Alberta packers were buying fed cattle on a live basis in the range of $173-$176 FOB the feedlot in southern Alberta. Fed cattle prices have been relatively flat over the past month as the U.S. market contends with a sizeable year-over-year increase in fed cattle supplies. Alberta basis levels […] Read more
CME October 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs slip

USDA marks surprise jump in July cattle placements

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slipped on Friday, with the most-active contract dipping to a nearly six-week low during the session, as weak export demand continued to weigh on futures, analysts said. Meanwhile, a government report, released after the CME closed, said that far more cattle were marketed in July […] Read more
CME October 2022 lean hogs (candlesticks, right column) with 20- and 100-day moving averages (pink and brown lines) and CME cash lean hog index (black line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs fall on weak exports

Softer cash values drag on live cattle futures

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Thursday, pressured by softening wholesale pork prices and weak export demand, analysts said. “We’re going to have more supply coming at us, and that’s putting pressure on the wholesale market,” said Altin Kalo, economist at Steiner Consulting Group. CME October lean hogs fell […] Read more
Keeping alleyways as clean as possible and using disinfectant foot baths are a couple measures that reduce the risk of dairy cattle developing hairy heel warts.
Cattleman’s Corner, Dairy Cattle, Livestock

Revisiting hairy heel warts in dairy cows

Proper nutrition and good sanitation in the barn help to reduce disease risk

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About five years ago I worked with a 350-dairy cow operation with a significant hairy heel wart (HHW) problem. At the time, this dairy manager often had a series of lame lactating dairy cows at different stages of this disease. The foot problem was affecting feed consumption, milk production, reproduction and the general well-being of […] Read more
CME October 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 firm, drought accelerates selling

Lean hog futures follow cash prices up

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed on Wednesday, underpinned as ranchers move up placements of calves amid drought conditions across the southern U.S. Plains, analysts said. “The fall-weaned calves are starting to come through,” said Austin Schroeder, commodity analyst at Brugler Marketing. “Placements have been pushed ahead, with the drought.” […] Read more
CME September 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle, feeder cattle set multi-month highs

October lean hogs down on day

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday rose to their highest level since April on concerns about tightening livestock supplies, analysts said. Feeder cattle futures hit a February high, while lean hog futures fell to their lowest level in more than a week. The U.S. Department of Agriculture is projecting […] Read more
CME October 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hog, live cattle futures down on profit-taking

CME September feeder cattle also down

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed lower on Friday on cooling wholesale pork prices and profit-taking at week’s end, a day after the benchmark October contract set a life-of-contract high. Cattle futures also set back on profit-taking, but the most-active October live cattle contract posted a second straight weekly advance, […] Read more

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