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

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


File photo of signage outside Maple Leaf Foods’ Lagimodiere Boulevard plant in Winnipeg. (Dave Bedard photo)

Maple Leaf sees ‘inflection point’ beyond red ink of 2022

Packer books net losses in Q4, full-year

Another of Canada’s major pork and poultry packers has reported significant net losses in its 2022 ledger, but sees “green shoots” suggesting a return to normal pork markets and stable supply chains this year. Maple Leaf Foods on Thursday reported a net loss of $311.89 million on $4.739 billion in gross sales for its fiscal […] 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


File photo of Highway 363 near Moose Jaw, Sask. (Mysticenergy/iStock/Getty Images)

Spring road bans loom across Prairies

Mid-March weight limits pending for heavy trucks

MarketsFarm — The looming spring melt across Western Canada will likely disrupt some grain and livestock movement over the next few weeks, as seasonal spring road restrictions come into effect across the Prairies. Spring road restrictions set axle weight limits for vehicles moving on certain roads to reduce the damage heavier loads can cause during […] Read more

CME April 2023 feeder cattle (right column) with Bollinger bands (20,2) and CBOT May 2023 corn (orange line, left column). (Barchart)

U.S. livestock: CME feeder cattle retreat as corn prices rise

Live cattle also lower, lean hogs up

Chicago | Reuters — Feeder cattle futures on Friday extended a setback from 2015 highs the front-month contract reached this week, as rising corn prices temporarily dampened expectations for cheaper livestock feed, analysts said. Corn futures ended higher on the Chicago Board of Trade after sliding earlier to a seven-month low. Feed is generally the […] Read more


(File photo by Dave Bedard)

Cyberattack a $23 million hit on Maple Leaf ledger

Company refused to pay ransom

Last fall’s ransomware attack at pork and poultry packer Maple Leaf Foods led to an “adverse economic impact” of $23 million or more on the company’s bottom line as it worked to restore systems, officials said. The company on Thursday released that estimate as part of its fourth-quarter financial report, in which it booked a […] Read more

CME April 2023 feeder cattle with 20-day moving average (black line, right column) and CBOT May 2023 corn (orange line, left column). (Barchart)

U.S. livestock: CME feeder cattle pull back

CME lean hogs end day mixed

Chicago | Reuters — Feeder cattle futures on the Chicago Mercantile Exchange on Thursday ended lower on Thursday as the front-month contract pulled back from its highest prices in nearly 7-1/2 years. Traders took some profits after futures rallied recently on falling corn prices, brokers said, adding that continued declines in the corn market could […] Read more


CME March 2023 feeder cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: Feeder cattle highest since 2015 as corn sags

Live cattle mixed, hogs mostly higher

Chicago | Reuters — Front-month feeder cattle futures on the Chicago Mercantile Exchange hit the highest in nearly 7-1/2 years on Wednesday as falling prices for corn signaled cheaper feed costs, traders said. CME April feeder cattle futures settled up 1.4 cents at 200.075 cents/lb. after setting a life-of-contract high of 200.225 cents (all figures […] Read more

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

U.S. livestock: CME feeder cattle climb to another contract high

April live cattle lower, lean hogs up

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures reached a contract high for a second consecutive session on Tuesday, while live cattle futures retreated from a contract high set a day earlier, brokers said. Reduced U.S. herd sizes due to drought have propelled futures higher recently, though some brokers said supply concerns have […] Read more