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

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

Lean hogs follow firm trend

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)

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

Lean hog futures mostly lower

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)

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

Cattle futures up with beef prices, tighter supplies

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)

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

Cash and beef values lift cattle futures

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


(Photo courtesy Canada Beef Inc.)

Klassen: Canadian feeder market rationing demand

Improvement seen in feeding margins

For the week ending Saturday, western Canadian feeder markets averaged $3-$6/cwt higher compared to seven days earlier. Weakness in the Canadian dollar along with strength in the deferred live cattle futures set a positive tone. Recent rains have enhanced yield potential for the Canadian barley crop, which also underpinned nearby cash values. Alberta packers were […] Read more

CME July 2023 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME hogs down 10 per cent on week

Feeder cattle down on corn rally

Chicago | Reuters — Chicago Mercantile Exchange hog futures dropped to contract lows again on Friday, as poor demand for U.S. pork continued to depress prices. The losses heap more pain on producers who have struggled with weak prices for pigs and high costs for expenses such as feed and labour. “Producers are losing their […] Read more


CME July 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME hogs sink to contract lows

Cattle futures up with beef sales, tight supplies

Chicago | Reuters — Chicago Mercantile Exchange hog futures tumbled to contract lows on Thursday, as excess supplies and sluggish demand for U.S. pork fueled losses for a fifth consecutive session. Weak prices for pigs and high production costs continue to make it unprofitable to raise hogs, leading some analysts to project that producers will […] Read more



Post-calving nutrition: Keep your foot on the gas

Post-calving nutrition: Keep your foot on the gas

Meeting the nutritional needs of cows that have recently calved

As we move into spring, calving season is starting for some while for others it is well underway or nearing completion. To this point, your feeding program was likely directed at achieving optimal body condition at calving and ensuring that the nutritional needs of pregnancy were met. The next hurdle is ensuring that your post-calving […] Read more

CME July 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog, cattle futures fall on technical selling

Cattle trade sees pressure from rising corn futures

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell on Tuesday on technical selling as the market moved closer to values in the cash market, traders said. Cattle contracts also were lower, with traders noting pressure from strength in corn futures. Recent declines in both cattle and hogs have done little to spur a […] Read more