(Photo courtesy Canada Beef Inc.)

Klassen: Quality features influence feeder cattle prices

Western Canadian yearling markets have traded in a sideways range over the past couple of weeks; major feedlot operators have been aggressive for 800-pound-plus feeders just off grass because these cattle are most efficient and therefore, most profitable. Grass yearlings were quoted steady to as much as $5 higher this past week. Backgrounded yearlings were […] Read more

CME October 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures gain on export optimism

CME cattle down ahead of USDA report

Chicago | Reuters — U.S. lean hog futures markets climbed on Tuesday on optimism over China’s continued purchases of U.S. grains, traders said. Exporters sold 266,000 tonnes of U.S. soybeans to China and 264,000 tonnes to unknown destinations, the U.S. Department of Agriculture reported on Tuesday, marking the 13th consecutive business day of sales to […] Read more


CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle, hog futures fall with other commodities

Traders watching Germany's swine fever findings

Chicago | Reuters — U.S. cattle and hog futures markets fell on Monday, following a broad-based commodity sell-off in the absence of any fresh bullish news, traders said. “It is just kind of risk-off trade,” said Matthew Wiegand, broker at FuturesOne. “Livestock was for the most part happy to follow along.” Chicago Mercantile Exchange October […] Read more

CME December 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: CME cattle futures end up on firm cash trade

Lean hog futures close mixed

Chicago | Reuters — U.S. live cattle futures closed modestly higher on Friday, supported by strength in cash cattle markets this week, but uncertainty about beef demand in the coming months capped rallies, analysts said. Chicago Mercantile Exchange October live cattle futures settled up 0.575 cent at 107.35 cents/lb. and December rose 0.525 cent to […] Read more





CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Futures mixed on pork export questions, cattle supplies

U.S. beef packer margins down on week

Chicago | Reuters — U.S. livestock futures had a mixed performance on Tuesday, as the supply of cattle being offered for sale continued to shrink and traders wrestled with uncertainty over pork export demand. An additional five cases of African swine fever (ASF) were initially found in dead wild boars in Germany. Initial tests were […] Read more



CME December 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: CME lean hogs fall, cattle up on technical trading, profit-taking

Hogs 'stretched out technically last week'

Chicago | Reuters — U.S. lean hog futures slid on Monday on technical selling and profit-taking, as the trade began to question whether Chinese demand for U.S. pork will boom after rival supplier Germany confirmed a single case of African swine fever in a wild boar. U.S. pork packer margins eased but still were solid, […] Read more

CME December 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs climb on bullish pork export prospects

Live cattle continue following hogs higher

Chicago | Reuters — U.S. lean hog futures closed higher on Friday for a second session on expectations of increased export demand for U.S. pork after rival supplier Germany confirmed a case of African swine fever in a wild boar. Chicago Mercantile Exchange (CME) October lean hog futures settled up 2.2 cents at 66.575 cents/lb. […] Read more