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(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hog futures tumble on uncertain pork demand

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Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange fell sharply on Monday, with the benchmark October contract down its daily limit on worries about a seasonal increase in hog supplies and uncertain demand for U.S. pork, analysts said. CME October hog futures settled down 3 cents at 84.600 cents per pound, […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle firms on improved cash, holiday demand

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed on Friday, supported by elevated cash cattle trade and stronger wholesale beef prices, analysts said. “I think it’s a combination of things, including packers trying to get beef into the pipeline before the Labor day features,” said Alan Brugler, president of Brugler Marketing. “Cash […] Read more
Cows in a holding pen
Beef Cattle, Markets, News

Deteriorating pastures, feed concerns sees early push of cattle to market

The Markets with Deb McMillin, from the August 2021 issue of Canadian Cattlemen

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Fed cattle The Alberta fed cattle market moved seasonally lower through July. Lower cut-out values and increasing front-end supply pushed the fed steer average in Alberta to $152.19/cwt on July 16, down $12.53/cwt from five weeks earlier. Looking at a five-year average, the July 2021 average is $9/cwt higher.  While basis levels in Alberta have […] Read more
(iStock/Getty Images)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hogs fall on anticipated larger supplies

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures slipped on Thursday as traders look ahead to increased supplies of hogs heading into the fall and producers hedge against the possibility of future price declines, traders said. CME August lean hog futures closed unchanged at 109.475 cents per pound, while benchmark October hogs lost […] Read more
Cash cattle trades have declined by about 30 per cent since 2005.
News

U.S. to expand cattle sales data after complaints from ranchers, Congress

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Reuters – The U.S. Department of Agriculture said on Thursday it will begin releasing two new reports on cattle sales next week, after ranchers and members of Congress raised concerns about possible anti-competitive behaviour in the market. The reports follow a July executive order from President Joe Biden that calls for the federal government to promote competition […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle firm on scarce supply and firmer cash markets

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Wednesday as cash trade firmed and wholesale beef prices march higher, traders said. “We have some tighter market-ready cattle supplies right now. The outlook is for supplies to tighten further later in the year and into next year,” said Doug Houghton, technical analyst […] Read more
Loblaw is expanding its initial purchase of certified sustainable beef.
Beef Cattle, Markets, News

Canada Beef Market Intelligence Update: Global survey pinpoints beef consumer priorities

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An online survey commissioned by Canada Beef revealed beef consumers share common priorities across nearly all borders when buying fresh beef or selecting a beef brand.  Consumers in the nine countries surveyed most commonly cited product freshness, quality certification or grade, price and product origin as top considerations when purchasing fresh beef. While selecting a […] Read more
(Kelli Jo/iStock/Getty Images)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hogs firm as market-ready supplies remain soft

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures gained for a second day on Tuesday, supported by lower supplies of market ready hogs as the August futures contract nears expiration. “Until we start seeing better numbers coming forward on packer runs, I think that’s going to elevate things a little bit,” said Matthew […] Read more

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