CME August 2021 live cattle (candlesticks) with 20-day moving average (red line) and July 2021 lean hogs (pink open/high/low/close). (Barchart)

U.S. livestock: Cattle futures sink as on-feed supply tops estimates

Profit-taking drags on hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Monday after U.S. government data showed supplies in feedlots above trade expectations and as some traders worried about demand for beef. The U.S. Department of Agriculture (USDA) said late on Friday that May 1 on-feed cattle supplies stood at 105 per cent of […] Read more

CME July 2021 lean hogs (candlesticks) with Bollinger bands (20,2) and August 2021 live cattle (red open/high/low/close). (Barchart)

U.S. livestock: Hog futures rally to highest since August 2014

USDA's latest cattle count beats forecasts

Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Friday to their highest in nearly seven years, with strong demand outstripping supplies on hand as restaurants around the U.S. have been reopening after COVID-19 shutdowns, traders said. “We are seeing strong retail demand, with the food service trying to recapture their share of […] Read more


(PorcOlymel.com)

Olymel gets home province’s backing for plant upgrades

Quebec to invest $150 million in packer

Pork and poultry producer and packer Olymel has picked up equity investments from its home province to support a total of $315 million in plant upgrades. The Quebec government announced Tuesday it would invest $74 million in Olymel through its economy and innovation ministry’s Fonds pour la croissance des entreprises quebecois (FCEQ) plus $76 million […] Read more

CME August 2021 live cattle (candlesticks) with 20-day moving average (red line) and CBOT July 2021 corn (yellow line, left column). (Barchart)

U.S. livestock: Cattle, hog futures up with cash markets

Boxed beef, select cuts priced at one-year highs

Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures rose on Wednesday, with the market underpinned by strength in the cash markets. Prices for the cattle contracts hit their highest in nearly a week, but closed off their session peaks as the corn market recovered from sharp declines. The early weakness in corn […] Read more


CME August 2021 live cattle (candlesticks) with 20- and 50-day moving averages (brown, black lines) and June 2021 lean hogs (pink high/low/close). (Barchart)

U.S. livestock: Live cattle futures close to unchanged

CME June lean hog futures fall

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled close to unchanged on Monday, with attempts at a bargain-buying rally fizzling out after hitting some key resistance points. Hog futures were lower, notching their third straight day of declines on a technical setback. Cattle futures had weakened along with corn futures to end […] Read more

CME August 2021 feeder cattle (candlesticks) with 20-day moving average (dark red line) and August 2021 live cattle (pink line, left column). (Barchart)

U.S. livestock: Live cattle down, feeders up with corn

CME lean hog futures down

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended losses on Friday on long liquidation that also dragged down corn futures, analysts said. It was the second consecutive day that cattle futures followed declines in the Chicago Board of Trade corn market, which has retreated from eight-year highs reached last week. “Cattle got […] Read more


CME June 2021 live cattle (candlesticks) with Bollinger (20,2) bands and June 2021 lean hogs (pink high/low/close). (Barchart)

U.S. livestock: Live cattle futures fall on long liquidation

Lean hogs down with pork export sales data

Chicago | Reuters — U.S. live cattle futures fell 2.5 per cent on Thursday, following broad declines in grain and livestock markets that analysts attributed to fund-driven long liquidation and technical selling after recent highs. “It seems it was a risk-off day all across the board… It was more of a technical move and just […] Read more

CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (brown, dark red and black lines) and June 2021 lean hogs (pink high-low-close). (Barchart)

U.S. livestock: Live cattle futures end mixed

Feeder cattle rise as corn prices falter

Chicago | Reuters — U.S. live cattle futures closed mixed on Wednesday, with the benchmark June contract easing in a light round of profit-taking while robust beef prices continued to underpin the market, traders said. Chicago Mercantile Exchange June live cattle futures settled down 0.025 cent at 118.6 cents/lb., retreating after a climb to 119.425 […] Read more


CME June 2021 live cattle (candlesticks) with 20- and 100-day moving averages (brown, black lines) and June 2021 lean hogs (pink line). (Barchart)

U.S. livestock: CME live cattle extend rally as beef prices climb

June hogs down third straight day

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday for a fifth straight session, led by high-flying wholesale beef prices, analysts said. Feeder cattle futures also advanced but gains were muted as corn futures rallied, signaling higher costs to bring cattle up to market-ready weight. CME June live cattle futures settled […] Read more

CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, black lines). (Barchart)

U.S. livestock: CME cattle gain as demand remains strong

Lean hogs down for second session

Chicago | Reuters — Chicago Mercantile Exchange cattle futures gained on Monday as cattle processing picked up, led by strong beef prices, while feed cattle gained on tight supplies and a lower corn trade, analysts said. CME June live cattle futures added 2.2 cents to 118.225 cents/lb., while August feeder cattle futures finished 4.425 cents […] Read more