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

U.S. livestock: Cattle futures consolidate near peaks

Chicago hog futures fall

Chicago | Reuters — CME Group cattle futures stabilized near recent highs on Thursday, with strong cash markets and a round of speculative buying underpinning prices. Hog futures fell as the soybean futures market rallied to its highest in nearly 10 years, raising the prospect of higher feed costs. The U.S. Agriculture Department said on […] Read more

CME August 2022 live cattle (candlesticks) with Bollinger bands (20,2) and 200-day moving average (black line). (Barchart)

U.S. livestock: Cattle futures rally on concerns about supplies

July lean hogs turn lower

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rallied on Wednesday, supported by technical buying and signs of tightening supplies in the cash market, traders said. On a continuous basis, the front-month fed cattle contract hit its highest since November 2015. Live cattle hit a six-week high. Hog futures ended weaker, giving up early […] Read more


cows in a feedlot

Fed cattle market sees strength

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

Fed cattle The western Canadian fed cattle market has strengthened to $172.26/cwt, an increase of four per cent or just over $7/cwt. Compared to a year ago, the mid-May average is $8.83/cwt higher. While the average price increase is favourable, there are cost increases and higher break-even levels on these cattle, record-high cost-of-gain and the […] Read more




CME August 2022 live cattle (candlesticks) with 10-, 20- and 50-day moving averages. (Barchart)

U.S. livestock: Cattle, hog futures fall as corn prices rise

Supply outlook also a concern

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday, pressured by ample supplies and concerns about feed costs due to high corn prices, traders said. Hog futures were also weak. U.S. beef processors on Monday slaughtered an estimated 125,000 cattle, up from 117,000 a year ago, the U.S. Department of Agriculture […] Read more


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

U.S. livestock: CME live cattle, feeder cattle touch three-week highs

July lean hogs close lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped a three-week high in the most-active contract on Friday before ending lower amid pre-weekend profit-taking, analysts said. Feeder cattle futures also exceeded a three-week high, while lean hog futures came under pressure at the CME. Strong demand for cattle from meatpackers and a decline […] Read more

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

U.S. livestock: CME live cattle firm on strong demand

Lean hogs mixed near unchanged

Chicago | Reuters — Chicago Mercantile Exchange Group live cattle futures firmed on Thursday, supported by steady cash prices across the U.S. Plains, as well as strength in consumer beef demand, despite inflationary forces, analysts said. “The feeling two, three weeks ago was that beef demand wasn’t that good and was going to really start […] Read more


CME July 2022 lean hogs (candlesticks) with Bollinger bands (20,2) and CME lean hog index (pink line). (Barchart)

U.S. livestock: CME hogs firm on summer demand, tight supplies

Lower corn futures support feeder cattle

Chicago | Reuters — Chicago Mercantile Exchange Group lean hog futures firmed on Wednesday, supported by strong demand that has pushed cash prices higher. “We’re still looking at tighter supplies in front of us,” said Rich Nelson, chief strategist at Allendale Inc. Pork demand firms during the summer, with U.S. grilling holidays such as Father’s […] Read more

Reg Schellenberg.

CCA reports: New president outlines priorities

From the May 2022 issue of Canadian Cattlemen

Being elected president of the Canadian Cattlemen’s Association (CCA) at our annual general meeting on March 25 is an honour. It’s a role that I do not take lightly and since joining CCA’s board in 2010, I have seen first-hand the commitment and hard work put in by past CCA presidents. I am proud of […] Read more