(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle decline on profit-taking

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell one per cent on Thursday, pressured by technical selling and as investors took profits following Wednesday’s nearly four-week high, traders and analysts said. Feeder cattle futures also were mostly lower while lean hog futures were mixed, with the front-month contract hitting the lowest levels […] Read more

(Photo courtesy Canada Beef Inc.)

Major Alberta cattle feeder set to shut feedlots

Reuters — One of Canada’s biggest cattle feeding operations, Western Feedlots, said Wednesday it will close feeding operations after marketing the cattle it currently owns, due to poor market conditions. Closure of Western’s feeding operations, likely early in 2017 once its current cattle are sold, will make it more difficult for ranchers to find markets […] Read more



(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs plunge to contract lows on supply

Chicago | Reuters — U.S. lean hog futures fell three per cent or more on Monday, with many contracts reaching lifetime lows on pressure from robust hog supplies and technical selling, traders said. Live and feeder cattle futures were mostly lower at the Chicago Mercantile Exchange, weighed down by profit-taking after cattle earlier hit multi-week […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Strong cash prices push CME live cattle higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts ended higher for a third day in a row on Friday, led by short-covering in response to better-than-expected prices for slaughter-ready, or cash, cattle, said traders. They said fund buying contributed to CME live cattle gains after some contracts broke through technical resistance levels. October […] Read more




(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Supplies drop CME lean hogs third straight session

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Tuesday posted losses for a third straight session as plentiful supplies pressured cash prices, traders said. They said liquidation in other commodities led by the U.S. stock market selloff further weighed on CME lean hogs. October closed 2.675 cents/lb. lower at 56.75 cents and posted […] Read more