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CME August 2023 feeder cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle weaken off new contract highs

Lean hogs down off highest since mid-May

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures weakened on a technical setback on Wednesday, closing in negative territory after rising to fresh contract highs during the session. Hog futures were also weaker. Benchmark CME August live cattle futures settled down 2.3 cents at 173.2 cents/lb. after posting a fresh contract high of 175.95 […] Read more
CME August 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle rally to contract highs

July lean hogs also higher

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures rallied to fresh contract highs on Tuesday, supported by technical buying and strength in the cash market, traders said. Livestock traders did not see any reason to disrupt the recent trend at a time of strong seasonal demand, with traditionally active grilling holidays such as Father’s […] Read more
News, Newsmakers

New Canadian Cattle Young Leaders, regional TESA winners announced

NewsMakers from the June 2023 issue of Canadian Cattlemen

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Heath Ferguson grew up in a small town just outside Edmonton, Alta. Growing up, his family had a small herd of Simmental/Saler-cross cows and he raised a few bottle calves every year with his brothers. In high school, he was in 4-H, Green Certificate and worked at the local packing plant, as well as helping […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Texas flooding lifts Canadian feeder market

Fed cattle in counter-seasonal trend

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For the week ending Sunday, western Canadian feeder cattle markets traded $6-$8 higher. In some cases, quality yearling packages traded as much as $10 above week-ago levels. Live and feeder cattle futures closed the week US$8-$9 higher as traders monitored flooding conditions in Texas. Alberta packers were buying fed cattle on a live basis in […] Read more
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures rise, hog futures dip

Wholesale pork highest since mid-November

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Chicago | Reuters — Chicago Mercantile Exchange extended their rally on Monday, with strong cash prices and technical buyers pushing the market higher. Live cattle contracts have risen for eight straight sessions and feeder cattle contracts have posted gains for five sessions in a row. But hog futures closed weaker even as pork prices surged […] Read more
Dung beetles recovered from one dung-baited pitfall trap operated for one week in September on native grassland in southern Alberta, Canada. Contents include 5,069 Chilothorax distinctus, 20 Onthophagus nuchicornis, 15 Aphodius pedellus, nine Melinopterus prodromus, and one Canthon praticola.
News, News Roundup

Cow Patty Critters: A new guide on Canada’s fecal friends

News Roundup from the June 2023 issue of Canadian Cattlemen

By
There is more to a cow pat than meets the eye. In Canada, an estimated 110 million dung pats (the weight of over 13,000 combines) are deposited by cows every day. But what do we know about the community of insects, bacteria and other organisms that inhabit them? These critters are essential to a healthy […] Read more
CME August 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle extend rally on surging cash market

Lean hogs follow firm trend

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended their run of life-of-contract highs on Friday, supported by a jump in cash cattle prices this week along with rising beef prices, traders said. Benchmark CME August live cattle futures settled up 0.525 cent at 172.9 cents/lb. after posting a contract high at 174.25 […] Read more
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle soar as cash prices explode

Lean hog futures mostly lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures surged on Thursday as cash cattle traded as high as US$180/cwt in Texas and Kansas, up to US$9 higher than last week, reflecting strong demand from meat-packers amid rising beef prices and tightening cattle supplies, traders said. CME’s most-active August live cattle futures contract settled […] Read more
CME July 2023 lean hogs with Bollinger bands (20,2) and CME’s cash lean hog index (brown line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs bounce on short-covering

Cattle futures up with beef prices, tighter supplies

By ,
Chicago | Reuters — Benchmark July lean hog futures on the Chicago Mercantile Exchange jumped nearly five per cent on Wednesday, extending their two-day rally to 11 per cent on a round of bargain-buying following a months-long slump, traders said. CME July hogs settled up 3.8 cents at 83.325 cents/lb., while front-month June hogs ended […] Read more
CME July 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs limit-up on bargain buying

Cash and beef values lift cattle futures

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Chicago | Reuters — Chicago Mercantile Exchange hog futures surged their daily limit on Tuesday, rebounding from Friday’s life-of-contract lows on a round of bargain-buying and short-covering toward the end of the month, and as feed grain futures fell sharply, traders said. “It really got grossly overdone to the bottom side,” said Dennis Smith, commodity […] Read more

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