CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: Tight supply drives CME live cattle to new highs

Hogs down off Wednesday's one-month high

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures galloped to new highs on Thursday on short-covering combined with continued concerns about U.S. tight supplies, brokers said. October live cattle futures ended up 2.325 cents at 185.475 cents/lb. after setting a contract high of 185.775 cents/lb. (all figures US$). December live cattle settled 2.5 […] Read more

CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)

U.S. livestock: CME cattle futures ease in technical setback after highs

Nearby lean hogs also down on technical selling

Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures retreated on Wednesday in a technical selling and profit-taking setback after hitting highs earlier in the week, traders said. Higher feed corn prices and a weak tone to the cash beef market added pressure, they said. “This is technical after feeder cattle hit […] Read more


Photo: Canada Beef

Klassen: Feeder market continues to consolidate

U.S. feeder cattle supplies seen tighter than expected

Compared to last week, western Canadian grass yearling prices were relatively unchanged. Yearlings over 800 lbs. on light grain rations or on diets mixed with silage were priced at $5 to as much as $20 discount to those cattle coming straight off pasture. Larger groups of uniform quality continue to trade at a minor premium […] Read more

CME October 2023 live cattle with 20-day moving average and December 2023 live cattle (dark red line). (Barchart)

U.S. livestock: CME cattle futures end mixed after hitting new highs

CME lean hogs mostly higher

Chicago | Reuters — Most of the Chicago Mercantile Exchange feeder and live cattle futures hit new contract highs again on Tuesday, as tight U.S. supplies and forecast of a strong cash market added fuel to a bull rally, traders said. But by the end of the session, both live and feeder cattle futures were […] Read more


CME October 2023 feeder cattle with 20- and 50-day moving averages. (Barchart)

U.S. livestock: CME feeder cattle, deferred live cattle hit new highs

October lean hogs also close higher

Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures hit new contract highs on Monday, as tight U.S. supplies going into next year continued to fuel the bull market, traders said. Even Chicago Mercantile Exchange’s October and December live cattle futures surged within $1 of their contract highs, fueled by optimism […] Read more

It’s important to keep vaccines at the right temperatures.

Quick tips when using livestock vaccines

Veterinary Case Study: From using the right needle size to cleaning syringes, here’s how to do vaccination right

Roper Roy arrived in our practice area last spring. He followed a young lady home from a horse training school in west Texas. Now married, it looked like Roper fell into a sizeable chunk of a prosperous ranching and farming operation. He came to town for supplies for their branding next weekend. While he waited, […] Read more


CME June 2024 live cattle with 20-day moving average and October 2023 live cattle (black line). (Barchart)

U.S. livestock: CME feeder cattle, deferred live cattle set highs on tight supply

Hog futures down on lower export sales

Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures climbed to new peaks on Friday, as limited U.S. supplies continued to propel prices. Inventories of U.S. cattle dwindled to their lowest levels in decades after producers reduced their herds over the last year because drought reduced the availability of pastures for […] Read more

CME October 2023 feeder cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME feeder cattle set contract high, live cattle hit July high

Hogs up but within yesterday's range

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to a July high on Thursday while feeder cattle set new contract highs. Tight supplies continue to support the markets, analysts said, after U.S. producers reduced their cattle herds over the last year as drought limited the availability of pastures for grazing. October live […] Read more


CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)

U.S. livestock: CME live cattle rally near four-week high

October hogs touch lowest in a week

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Wednesday to their highest level in nearly four weeks, while feeder cattle also stormed higher. U.S. cattle supplies are tight as drought reduced the amount of pasture available for grazing and drove producers to send more cattle to slaughter over the last year. […] Read more

Production uncertainty drives feed grain markets

Production uncertainty drives feed grain markets

Market Talk with Jerry Klassen

Barley and corn prices have been extremely volatile over the past month. Large regions of Western Canada are experiencing drought-like conditions. At the same time, crop ratings for the U.S. corn crop reflect yield uncertainty in the Midwest. I’ve received many inquiries from feedlot operators and cow-calf producers regarding the price outlook for corn and […] Read more