CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: June live cattle, hogs continue lower

Feeder cattle also down on day

Chicago Mercantile Exchange’s most-active June live cattle and lean hog contracts continued on a downward track in Monday’s trade. June live cattle closed Monday at $155.525, beneath the lower end of its 20-day Bollinger range and down 87.5 cents from Friday’s close (all figures US$ per hundredweight). Front-month April, meanwhile, opened near its 50-day moving […] Read more

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

U.S. livestock: Nearby CME lean hogs recover slightly from slide

April cattle futures lower; U.S. cattle on feed in line with expectations

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended slightly higher in the nearby contract on Friday in a rebound from steep declines this week, though deferred contracts extended losses, traders said. Lower cutout values continue to hang over the futures market, along with broader pressure from market turmoil in the banking sector, […] Read more


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

U.S. livestock: Hogs limit down on disease chatter

Chicago cattle futures close higher

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank by the maximum daily trading limit on Thursday on rumours about a potential outbreak of a fatal pig disease which the U.S. government later said were untrue. Unsubstantiated chatter about a U.S. case of African swine fever swirled in the market, but the U.S. […] Read more

Shorthorn Association holds leadership conference

Purely Purebred, news from the March 2023 issue of Canadian Cattlemen

The Canadian Junior Shorthorn Association hosted its annual Shorthorn Stars Leadership Conference on February 4 and 5 in Calgary, Alta.  There were 19 Shorthorn juniors in attendance with four junior representatives from the Canadian Junior Limousin Association. Guest speakers included:  The conference also included an afternoon tour of Olds College Technology Access Centre from Sean […] Read more


CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle set multi-week lows as bank selloff hits Wall Street

April hogs, feeder cattle also lower

Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled to multi-week lows on Wednesday as losses in U.S. stocks and fears about a banking crisis spilled into livestock markets, analysts said. The Dow and S+P 500 closed lower as problems at Credit Suisse piled more pressure on the banking sector. Declines in equities hit […] Read more

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Klassen: Feeder market scaling fresh heights

Heifer retention expected in U.S. this spring

Compared to last week, western Canadian yearling markets traded $5 to as much as $10 higher. Replacements in the 650- to 800-lb. category were up $6-$12; calves under 650 lbs. were relatively unchanged although volumes were limited. Lightweight calves were hard to come by last week. Weather may have been a factor. Many factors contributed […] Read more


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

U.S. livestock: CME cattle, hogs decline amid demand worries

April feeder cattle lowest since March 3

Chicago | Reuters — Chicago Mercantile Exchange livestock markets ended lower again on Tuesday, with cattle and hog futures easing on demand concerns, analysts said. Front-month feeder cattle futures hit their lowest price since March 3, extending a retreat from a 2015 high reached last week. Front-month live cattle, meanwhile, touched a three-low on Monday. […] Read more

Canadian Limousin Association awards and show highlights

Canadian Limousin Association awards and show highlights

Purely Purebred, news from the March 2023 issue of Canadian Cattlemen

Congratulations to Eric, Terra, Rozlyn and Liam Boon of B Bar Cattle at Lucky Lake, Sask. The Boon family’s pen of three bulls was named the Reserve Grand Champion Pen of Interbreed Bulls at Canadian Western Agribition. They also took home the People’s Choice Pen of Three Bulls at Agribition. Congratulations as well to Rob […] Read more


Cattle herd poised to expand while economy cools

Cattle herd poised to expand while economy cools

Market Update with Jerry Klassen: A small change in supply has a large influence on the price

Several studies from universities in Canada and the U.S. analyze the financial returns for feedlot operations. Feeding cattle is a pure competitive market. One characteristic of a pure competitive market is that the margins drop to the least-cost producer. In the long run, the margins are negative. Two other characteristics are unique to the cattle […] Read more

CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle hit one-month low on profit-taking

Hogs, feeder cattle also lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell to their lowest price in more than a month, while feeder cattle sank below a one-week low on Monday on profit-taking following recent rallies, brokers said. Feeder cattle closed lower for the third consecutive session after the front-month contract touched a 2015 high last […] Read more