Expiration day for CME’s February 2023 live cattle contract, with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures strong

Lean hog futures close mixed

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended firm on Tuesday, with the front-month contract hitting its highest in more than eight years as tight supplies continued to underpin the market. Hog futures ended mixed. Expectations for strong cash prices for the next few months due to tight supplies supported cattle futures. […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Calves jump on corn outlook

Softer barley values underpin yearling market

Compared to last week, western Canadian feeder cattle markets traded $5 to as much as $12 above week-ago levels. Alberta packers were buying fed cattle on a dressed basis in the range of $332-$335 delivered, up $5-$8 from last week. Stronger fed cattle prices and softer barley values underpinned the yearling market. Buyers were finicky […] Read more


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

U.S. livestock: Cattle futures dip on profit-taking

Chicago lean hog futures also fall

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Monday, with a mild round of profit-taking pulling prices from eight-year highs. But concerns about tight supplies limited the selling. Hog futures also were weaker, pressured by a government report that showed robust stocks of pork. Thinly traded February live cattle futures dipped […] Read more

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

U.S. livestock: CME live cattle consolidate after hitting new contract high

Chicago lean hogs end lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures consolidated on Friday after setting a string on contract highs recently, while lean hog futures eased. The cattle market looks ripe for a correction after futures rose this month on tightening U.S. supplies, brokers said. However, cattle inventories look even smaller than expected as ranchers […] Read more


Prices for feeder cattle are likely to see a healthy increase in 2023.

How drought might define 2023

Prime Cuts with Steve Kay

The recent holiday season brought the best possible gift to many U.S. cow-calf producers — rain. But two years of extensive drought have had a big impact on U.S. cattle numbers and this might linger in 2023. The silver lining to the drought’s impact is higher prices for all classes of cattle. Cash live cattle prices […] Read more

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

U.S. livestock: CME cattle set high on Brazil halting beef exports to China

April hogs close lower, June up

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a contract high on Thursday amid hopes that Chinese importers will buy more U.S. beef after rival supplier Brazil suspended shipments to China, analysts said. Brazil said it would halt beef exports to China, the main destination for its overseas shipments, after confirming a […] Read more


The Snobelens’ calving barn is a 50-foot by 180-foot pole structure, with turkey curtains on the west to allow for ventilation, and tarps on the east that can be rolled up or down.

Shelter, feed keys to successful winter calving

A Charolais producer and a beef specialist share tips for calving in the bitter cold of winter

Wanda Snobolen’s passion for her Charolais purebreds shines through when she talks about the care she takes when they’re calving. “When you’re calving and it’s -20 degrees out there, you have to get them dry — that is key,” she says. Depending on how cold it is, she brings the calves into a heated workshop […] Read more

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

U.S. livestock: CME hog futures sag as pork prices retreat

February live cattle up, April down

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed lower on Wednesday, retreating from six-week highs set a day earlier as wholesale pork prices backed down after spiking higher early in the week. Live cattle futures closed mixed, underpinned by surging beef prices. At the CME, April hogs settled down 2.55 cents at […] Read more


Stress matters as it depresses a calf’s immune system and increases the risks of disease.

Keeping calves healthy

Research on the Record with Reynold Bergen

Cow-calf margins get tighter each time you feed a pregnant cow through the winter, only to have her calf die before weaning. Three leading causes of pre-weaning death loss are diarrhea, navel ill and bovine respiratory disease (BRD). Not all calf illness and death can be prevented, especially when the weather gets bad, but remembering […] Read more

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

U.S. livestock: Cattle, hog futures climb

Chicago Mercantile Exchange (CME) cattle and hog futures came out of their U.S. Presidents Day break trading higher, with front-month live cattle posting eight-year highs. CME February 2023 live cattle touched 164.975 cents/lb. in Tuesday’s trade before closing at 164.75 cents, up 1.175 cents from Friday’s close and the highest close for the front-month contract […] Read more