CME October 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: Hog, cattle futures up on broad commodities rally

Lower-than-expected inflation data provides boost

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Wednesday, with the October contract hitting a life-of-contract high on brisk pork demand and broad strength in commodities on signs of decelerating U.S. inflation, traders said. Livestock and other commodities rose along with Wall Street equity markets as lower-than-expected U.S. inflation data drove […] Read more

File photo of federal Agriculture Minister Marie-Claude Bibeau on a tour of one of the original ‘Living Lab’ sites in Quebec that led up to the launch of the national ACS program in 2021. (Photo courtesy Agriculture and Agri-Food Canada)

Living Labs offer different approach to research and innovation, says foundation head

Living Labs may be the start of a better understanding of soil health, carbon sequestration and a “solid” offset system for farmers and ranchers, says one of the people involved with the federally funded project. On July 14, Agriculture Minister Marie-Claude Bibeau announced nine new Living Labs while at the Calgary Stampede. Kimberly Cornish, the […] Read more


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

U.S. livestock: Cattle futures dip in technical, profit-taking pullback

CME hogs end day mixed

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday in a technical-selling and profit-taking setback from 3-1/2 month highs posted in the prior session. Sharply lower feeder cattle futures amid higher corn feed costs put further pressure on live cattle contracts, as both livestock markets took a breather after scaling to […] Read more



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

U.S. livestock: Cattle futures up with cash prices, tightening supplies

October lean hogs also gain on day

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to a 3-1/2 month peak on Monday, supported by firm cash market prices and tightening supplies. Falling corn feed prices supported feeder cattle futures, while lean hog contracts also gained and touched the highest level since June 2021. CME August live cattle futures peaked […] Read more

Photo: File

U.S. livestock: Cattle, hog futures firm

Chicago | Reuters – Chicago Mercantile exchange live cattle futures firmed to their highest in more than three months on Friday, while hog futures edged back toward the 13-1/2-month high hit on Wednesday. CME August live cattle futures LCQ2 settled 0.175 cent higher at 137.875 cents per lb, with the front-month contract LCc1 hitting its highest since April 29 during the […] Read more


Photo: emholk/iStock/Getty Images

U.S. livestock markets: Live cattle futures little changed after Wednesday high

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased slightly on Thursday, after rising to their highest in more than three months on Wednesday. CME August live cattle futures LCQ2 settled 0.2 cents lower at 137.7 cents per lb and most-active October LCV2 also ended slightly lower than Wednesday at 143.7 cents. September feeder cattle futures FCU2 were little […] Read more

Photo: Canada Beef Inc.

Strong seasonal demand bodes well for cattle market

The Markets with Deb McMillin, from the August 2022 issue of Canadian Cattlemen

Fed cattle The fed cattle market held up through the summer, with recent weeks trading between $174.18/cwt and $175.32/cwt. Strong seasonal demand heading into barbeque season as well as restaurant and food service beef movement recovering to pre-pandemic levels have supported prices. At mid-July, the fed steer average in Western Canada was $175.06/cwt, an increase […] Read more



Photo: File

U.S. livestock: Live cattle, feeder cattle futures rise; lean hogs end lower

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures edged higher on Monday, supported by rising feeder cattle values and firm wholesale beef prices as Labor Day, the last big grilling holiday of summer, approaches. CME August live cattle futures LCQ2 settled up 0.325 cent at 136.775 cents per lb and the most-active October […] Read more