CME July 2022 lean hogs (candlesticks) with 20-, 50-, 100- and 200-day moving averages (pink, brown, dark red and black lines). (Barchart)

U.S. livestock: CME lean hogs drop to January lows

Lower grain values continue to lift cattle

Chicago | Reuters — CME lean hog futures on Tuesday dropped to their lowest prices since January on technical selling and concerns about risks to demand for U.S. meat, brokers said. U.S. pork exports to China have tumbled this year as Chinese producers rebuild their herds after outbreaks of the pig disease African swine fever. […] Read more

CME August 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: Feeder cattle futures firm on weaker corn

China's COVID lockdowns pressure CME hogs

Chicago | Reuters — CME live and feeder cattle futures firmed on Monday, supported by lower corn futures, an input cost to feeder cattle, analysts said. “The big driver there was just lower corn,” said Josh Steinhilber, broker at Cattlehedgers.com. “We got spillover into the live cattle.” CME August feeder cattle added 5.8 cents, to […] Read more


Spring runoff on April 27, 2022 at the Pembina Escarpment near Miami, Man., about 40 km northwest of Winkler. (Manitoba Co-operator/Allan Dawson video screengrab)

Flood warnings raised in Manitoba, southeastern Saskatchewan

Flows could reach 2009 levels in Manitoba

MarketsFarm — Spring flooding in Manitoba’s Red River Valley could approach levels last seen in 2009, the highest water level since 1997’s “Flood of the Century,” according to the latest update from the provincial Hydrologic Forecast Centre. The centre is monitoring a precipitation system forecast for the April 29-May 1 weekend that is expected to […] Read more

CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2) and 100-day moving average (brown line). (Barchart)

U.S. livestock: Lean hogs fall to lowest since early February

CME cattle also weak

Chicago | Reuters — CME hog futures dropped to their lowest in nearly three months on Friday, pressured by concerns about consumer demand as summer grilling season nears, traders said. Cattle futures also fell. Some end-of-month fund liquidation likely added to the weakness in livestock contracts, traders said. “There is not a whole lot of […] Read more


CME June 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME hog futures up off three days of losses

Chicago live cattle down, feeder cattle firm

Chicago | Reuters — CME Group hog futures rose on Thursday, snapping a three-session losing streak that pushed prices to their lowest since March 7 on some mild bargain buying, traders said. But the gains were kept in check by concerns that the growth of the Chinese herd could slow buying demand from the world’s […] Read more

CME June 2022 live cattle (candlesticks) with 20-, 30-, 40- and 200-day moving averages (pink, brown, dark red and black lines). (Barchart)

U.S. livestock: CME cattle, hog futures weak as feeding costs rise

Corn's 'unending rally' drags on feeder cattle

Chicago | Reuters — CME cattle futures fell on Wednesday as traders assessed higher feeding costs due to a sharp gains in corn. Hog futures were also weak, falling for the sixth time in seven sessions, with prospects for more COVID-19 lockdowns in China further chilling the already weak export demand from the world’s top […] Read more


CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME hog futures fall to lowest since early March

June live cattle up on bargain buying

Chicago | Reuters — CME Group hog futures fell to their lowest in more than seven weeks on Tuesday, pressured by follow-through selling after dropping in four of the previous five sessions with supplies in focus as kill rates were expected to rise. Concerns about lower pork consumption in China due to COVID-19-related lockdowns in […] Read more

Photo: File

U.S. livestock: CME cattle, hog futures hit two week lows on robust supplies

Chicago | Reuters – CME Group live cattle and hog futures fell to two-week lows on Monday, pressured by bearish government supply reports released late on Friday. “There’s no shortage of market supplies or beef production until the fourth quarter at the earliest,” brokerage StoneX wrote in a note to clients. The U.S. Agriculture Department said on […] Read more


CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME live cattle retreat off two-month high

U.S. cattle on feed up two per cent; Chicago lean hogs end higher

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange ended lower on Friday in a profit-taking setback from two-month highs amid worries about inflation curbing consumer demand for beef, traders said. Larger-than-expected numbers of U.S. cattle on feed announced by the U.S. Department of Agriculture after the CME close could pressure futures […] Read more

A McDonald’s restaurant sign in San Diego on March 31, 2015. (File photo: Reuters/Mike Blake)

McDonald’s calls Icahn demands on sourcing pigs ‘unfeasible’

Investor cites company's 10-year-old pledge

Boston | Reuters — McDonald’s Corp on Thursday said Carl Icahn’s call for the fast food chain to stop buying pork from suppliers that house the animals in crates would be logistically unfeasible and prohibitively expensive. The billionaire investor, who owns roughly US$50,000 worth of McDonald’s stock, is pushing the company to change how it […] Read more