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

U.S. livestock: Cattle futures rebound on wholesale strength

Softening cash market drags on hog futures

Chicago | Reuters — U.S. live cattle futures rebounded on Tuesday, correcting after the biggest drop since June 30, amid a stronger wholesale market, traders said. Lean hogs stepped back for a second day, reflecting a softer cash market, while feeder cattle followed the cash market higher. Chicago Mercantile Exchange December live cattle futures added […] Read more

CME January 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Klassen: Feeder market digests rising COVID-19 cases

Compared to last week, western Canadian yearling prices were relatively unchanged while calves traded steady to $2 lower on average. The grain harvest is in its final stages and buying interest was noted from the farmer/backgrounding operator. The buying frenzy over yearlings has eased and finishing feedlots were active on all weight categories. Feather-light calves […] Read more


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

U.S. livestock: Futures slip on seasonal pressure

Slaughter backlogs remain a drag on live cattle

Chicago | Reuters — U.S. live cattle futures fell on Monday, pressured by a softening in seasonal demand and the continued impact from backlogs at slaughterhouses, traders said. Lean hogs also eased on profit taking, while feeder cattle also followed live cattle for a loss. CME October live cattle futures fell 1.525 cents, to 108.35 […] Read more




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

U.S. livestock: Hog futures up on pork demand, cash prices

November feeder cattle touch lowest level since July 2

Chicago | Reuters –– U.S. hog futures extended gains on Wednesday and the front-month contract reached its highest price in about a year due to strength in the cash market, traders said. Solid pork demand has underpinned cash prices in the face of large hog supplies. The U.S. pork cutout, an indication of wholesale pork […] Read more





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

U.S. livestock: Cattle, hog futures rise on strong cash markets

U.S. packers seen dialing up slaughter pace

Chicago | Reuters — U.S. live cattle and lean hog futures advanced on Monday on expectations that cash prices will remain firm, analysts said. Cash cattle prices are expected to rise $1-$2/cwt this week as packers ramp up slaughtering, said Brian Hoops, president of broker Midwest Market Solutions (all figures US$). Fat cattle last week […] Read more

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

U.S. livestock: Cattle futures sag on fears for economy, beef demand

Firm cash hog values support hog futures

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Friday, following as global financial markets fell after U.S. President Donald Trump tested positive for the coronavirus, adding to investor uncertainty. Disappointing U.S. job growth numbers heightened worries about consumer demand for beef, at a time when retailers are starting to […] Read more