CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME live cattle follow packer demand down

Lean hog futures also lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, pressured by weak cash cattle trade as packer demand remains light, analysts said. “The lack of bids is daunting,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc. Kooima noted packers have enough cattle purchased on negotiated contracts to meet […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Finishing feedlot demand drives yearlings higher

Compared to last week, western Canadian yearlings traded $2 lower to as much as $5 higher. Strength was once again noted in southern Alberta where heavier yearlings recorded a fresh 52-week high. Calves were relatively unchanged from week-ago levels. Larger groups of quality weaned genetics traded as much $5 above average values. Feather-lite bawlers under […] Read more


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

U.S. livestock: CME live cattle end mixed, hogs lower

Futures under pressure as equity markets slump

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Monday as late-session bargain buying only partly offset pressure from adequate cattle supplies and global economic concerns that threatened to blunt demand for beef. “The cattle market can’t seem to catch a break. Boxed beef has been trending down and there are […] Read more

CME December 2021 lean hogs (candlesticks) with Bollinger bands (20,2) and CME cash lean hog index (grey line, left column). (Barchart)

U.S. livestock: CME hogs extend gains in recovery from slide

Cattle futures follow boxed beef lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Friday extended a rebound from a selloff that dragged the market to its lowest prices since February this week, while cattle futures sagged. The hog market was due for a correction to the upside after the most-active December contract fell 13.5 per cent from […] Read more


CME December 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: CME lean hog futures rise from February low

December live cattle close lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Thursday, as the market recovered from a decline to its lowest prices since February. Technical buying helped support prices, while concerns about waning U.S. pork exports continue to hang over the market, analysts said. The U.S. Department of Agriculture reported 2021 export sales […] Read more

CME December 2021 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Nearby hogs up in rebound off six-month low

CME cattle futures slide

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher in nearby contract months on Wednesday, as the market rebounded from a drop to its lowest prices in more than six months. Most-active December hogs recovered after dropping 12.5 per cent since the start of the month on concerns about slowing U.S. pork […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Lower beef production supports cash feeder market

Compared to last week, western Canadian yearling prices were relatively unchanged; calf prices traded $2 on either side of week-ago levels. December and February live cattle futures have dropped $8-$10 off the highs while feed grain values have remained firm. Buyers were on the defensive this past week, given the softer outlook for fed cattle […] Read more

Creativity needed to address veterinarian shortage

Creativity needed to address veterinarian shortage

As demand grows for veterinarians, stagnant graduation rates and steep competition from urban areas have left many rural practices in a crunch

Working in a rural community as a large animal veterinarian always made perfect sense to Dr. Trevor Lawson. “There’s nowhere I’d sooner be because I came from a rural area and that’s where I always wanted to be,” says Lawson, who practices at Shubenacadie, Nova Scotia, specializing in bovine and equine care, and is an […] Read more


Feed barley price outlook

Feed barley price outlook

Market Talk with Jerry Klassen

I’ve received many inquiries from cattle producers regarding the price outlook for feed barley. At the time of writing, Lethbridge feed barley was trading in the range of $405-$415/tonne while Red Deer operations were showing bids from $395-$405/tonne. Barley prices are up nearly $200/tonne from September 2020. Yearling prices continue to trade near 52-week highs […] Read more

CME December 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME hogs hit six-month lows

Chicago cattle futures rebound

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest prices in more than six months on Tuesday, while cattle futures recovered a day after hitting June lows on concerns about a fire at a major Nebraska beef plant. The hog market extended recent losses under pressure from concerns about the […] Read more