CME December 2022 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME lean hogs end lower, consolidate after rally

December live cattle futures flat

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures pulled back on Tuesday as the market consolidated after climbing nearly five per cent during the previous session, brokers said. CME December hogs closed 1.475 cents, or 1.7 per cent, lower at 85.575 cents/lb. (all figures US$). Wholesale pork prices were also lower. The U.S. […] Read more

CME December 2022 lean hogs with 20-, 50- and 200-day moving averages. (Barchart)

U.S. livestock: CME lean hogs rally on bargain buying

Chicago live cattle firm

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped nearly five per cent on Monday on bargain buying after the benchmark December contract on Friday dipped to its lowest in nearly three weeks, traders said. CME December hogs settled up 4.075 cents at 87.05 cents/lb., surging in early moves after the contract was […] Read more


Mycotoxins, such as vomitoxin, are produced primarily by Gibberella ear moulds (seen here) and can be disruptive when fed to livestock, especially hogs.  Photo: OMAFRA

U.S. corn farmers wary of vomitoxin, latest stress on global grain supplies

Chicago | Reuters – A fungus that causes “vomitoxin” has been found in some U.S. corn harvested this fall, causing headaches for growers and livestock producers and forcing ethanol plants and grain elevators to scrutinize grain deliveries. The situation is another hit to global grain supplies that have sunk to the lowest in a decade since Russia […] Read more

Photo: Thinkstock

U.S. livestock: Supply concerns drive CME live cattle to new contract high

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed higher and reached a new contract high on Wednesday amid concerns about tightening U.S. supplies, brokers said. Strong recent gains have left the market technically overbought and due for a setback, brokers said. “We’ve had a nice rally here,” said Matt Wiegand, commodity broker […] Read more


CME December 2022 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle, hog futures rise on robust beef, pork demand

Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures rose on Friday, with strong consumer demand for pork and beef pushing prices higher, traders said. Live cattle received a boost from concerns about tight supplies. “The big thing on the cattle is that the beef market seasonally found some really good strength,” said […] Read more

CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Live cattle futures extend gains

Chicago hog futures weak

Chicago | Reuters — Chicago Board of Trade live cattle contracts rose on Thursday, touching a fresh seven-year high, with tight supplies boosting cash market prices and lending support to futures. Hog futures eased after rising in five of the previous six sessions, but losses were kept in check by signs of good consumer demand. […] Read more


CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Cattle, hog futures rise on cash market strength

November feeder cattle also end higher

Chicago | Reuters — Chicago Board of Trade hog and cattle futures rose on Wednesday, following gains made in the cash market earlier this week, traders said. CME December lean hog futures gained 0.9 cent to settle at 87.375 cents/lb. (all figures US$). The contract faced technical resistance at the high end of its 20-day […] Read more

(Sollio Co-operative Group video screengrab via YouTube)

Pork packer Olymel laying off dozens of managers

Market unpredictability, 'growth challenges' cited

Major Canadian pork and poultry packer Olymel has laid off 57 people from its management ranks and eliminated another 120 administrative positions, citing the company’s current “market context and growth challenges.” Olymel, the meat packing arm of Quebec-based Sollio Cooperative Group, said Tuesday its affected employees were notified Monday and have received their layoff notices. […] Read more


CME December 2022 live cattle (candlesticks) with 40-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Live cattle futures hit over seven-year high

CME lean hogs also close higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose on Tuesday and the front-month contract hit its highest in more than seven years on strength in the cash market, traders said. Hog futures were also firm, with chart-based buying after contracts broke through key technical resistance points on Monday. CME December lean hog […] Read more

CME December 2022 live cattle (candlesticks) with 20-, 30- and 50-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Live cattle, hog futures hit multi-week highs

November feeder cattle end lower

Chicago | Reuters — Chicago Mercantile Exchange hog and live cattle futures rallied to multi-week highs on Monday. CME December lean hog futures rose 2.7 cents to settle at 84.95 cents/lb. (all figures US$). The contract peaked at 85.1 cents, its highest since Sept. 23, and rose above its 100-day and 200-day moving averages during […] Read more