(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle down again on supply growth outlook

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Friday slid for a second straight day, pressured by increased supply expectations, said traders. Some investors sold CME live cattle contracts despite Friday’s wholesale beef price uptick and futures’ discounts to this week’s cash returns. April live cattle closed 0.6 cent/lb. lower at 121.25 cents, […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Supply buildup fears undercut CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Thursday reversed Wednesday’s gains, weakened by fund liquidation and concerns about rising supplies, said traders. More cattle tend to come to market as warmer spring temperatures allow livestock to gain weight faster. And, the most recent U.S. government monthly cattle report implies increased cattle numbers […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end higher but off morning tops

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled higher after Wednesday’s volatile session, supported by the uptick in wholesale beef values and futures’ discounts to this week’s cash prices, said traders. Futures slipped from session highs due to the looming seasonal bump in supplies and U.S. stocks’ tumble amid renewed trade war fears. […] Read more




(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Supplies, trade nerves keep CME hogs on defensive

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures finished mostly lower for a fourth straight session on Monday, pressured by seasonal supply buildup and continued worries about potential trade disputes, said traders. Any trade war with the U.S. will only bring disaster to the world economy, China’s commerce minister said on Sunday. The […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle snap back on bargain hunting

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Friday, after short-covering and bargain buying pulled contracts up from Thursday’s seven-week low, said traders. Bullish investors were further drawn to futures’ price value compared to this week’s prices for slaughter-ready, or cash, cattle. April live cattle closed 1.35 cents/lb. higher at 123.125 […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle down, but off seven-week lows

Chicago | Reuters — Chicago Mercantile Exchange live cattle slid to a seven-week bottom on Thursday, led by fund liquidation, traders said. Futures’ discount to this week’s slaughter-ready, or cash, cattle prices freed contracts from session lows, they said. April closed 1.2 cents/lb. at 121.775 cents (all figures US$). June finished 1.55 cents lower at […] Read more


Tighter feeder cattle availability ahead

Tighter feeder cattle availability ahead

Market Update: Drought in southern Plains has moved more cattle to feedlots

In mid-February, Alberta packers were buying fed cattle in the range of $273 to $275 on a dressed basis while live prices were quoted from $163 to $165. Fed cattle prices have been relatively flat so far this year. However, feeder cattle prices dropped sharply in January and failed to recover. This is largely due […] Read more