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

U.S. livestock: CME live cattle, lean hogs slide on recession worries

Feeder cattle up on lower corn prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell to their lowest level since early August on Friday on fears of a global recession that could curb demand for commodities including beef, traders said. CME October live cattle settled down 0.6 cent at 144.25 cents/lb. and the most-active December contract fell 0.8 cent […] Read more
According to the USDA, Spain’s meat industry has a turnover of more than US$30 billion.
Comment/Columns, Prime cuts

Spain is a meat paradise

Prime Cuts with Steve Kay

By
When one thinks about Spanish cuisine, one of the first things that come to mind is the remarkable array of fish and seafood that you see on every restaurant menu and in every food market. As you know, seafood paella is Spain’s great dish to the world.  But Spain also produces remarkable meat products, notably […] Read more
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, purple and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs sag on macroeconomic concerns

Economy raises concern for beef demand

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, extending a pull-back from four-month highs set this week as traders worried about the health of the world economy and softening demand for beef, traders said. CME October live cattle ended down 1.025 cents at 144.85 cents/lb. and the most-active December […] Read more
CME December 2022 lean hogs (candlesticks, right column) with 20- and 100-day moving averages (brown and black lines) and CME cash lean hog index (pink line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs down on weak pork prices, macroeconomic fears

Chicago cattle also end lower ahead of report

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell nearly two per cent on Wednesday as falling wholesale pork prices and worries about the health of the global economy triggered a round of long liquidation, traders said. CME October lean hogs settled down 1.55 cents at 94.425 cents/lb. and most-active December hogs fell […] Read more
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle firm on strong cash trade

Nearby hogs lower despite cash strength

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Chicago | Reuters — Chicago Mercantile Exchange live cattle strengthened on Tuesday, underpinned by strong cash markets and tight supplies of market-ready cattle, though recession fears limit gains, traders said. “We saw some pretty strong cash trade in the western corn belt yesterday,” said Alan Brugler, president of Brugler Marketing. “Our long-term bias is higher, […] Read more
Pacific Ocean sea surface temperature anomalies (in degrees Celsius) for the week centred on Sept. 14, 2022. (CPC.ncep.noaa.gov)
General, Weather

La Nina set to continue for third year

Other weather patterns may override temporarily

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MarketsFarm — With fall soon upon North America, there’s nothing overly unusual with the continuation of La Nina, according to Drew Lerner, president of World Weather Inc. at Overland Park, Kansas. Going into its third year, some people might think this is the third consecutive La Nina — but Lerner said it’s the same one, […] Read more
CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle mixed

Tight supplies underpin futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed to firmer on Monday, supported by diminished supplies of market-ready cattle that should be reflected in the U.S. Agriculture Department’s monthly Cattle on Feed report, due Friday. “It’s been a slow climb, but it’s also predicated on very large demand,” said Dennis Smith, […] Read more
(File photo by Dave Bedard)
Hogs, Livestock, Markets

Manitoba pork industry grows despite ‘uncertainty’

Bacon plant, breeding facility show sector strength

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MarketsFarm — The current state of Manitoba’s pork industry is evident in a pair of large investments within the sector, according to the general manager of Manitoba Pork. Cam Dahl, who was named GM of the provincial pork organization in February last year after previously working for Manitoba Beef Producers and Cereals Canada, cited two […] Read more
CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs end firmer, live cattle stumble

Feeder cattle futures mixed

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher on Friday as the market moved up toward cash prices, analysts said. October lean hogs closed 0.85 cent stronger at 96.9 cents/lb. (all figures US$). The contract earlier in the session rose to 96.925 cents, its highest price since Aug. 23. Most-active December […] Read more
CME December 2022 lean hogs (candlesticks, right column) with 20-day moving average (brown line) and CME cash lean hog index (pink line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: December lean hogs hit four-week high

CME live cattle also finish stronger

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures touched a four-week high on Thursday on technical buying and concerns about tightening supplies, analysts said. Demand from pork processors helped underpin futures as packers’ profit margins improved, a broker said. Margins were estimated to be $2.45 per hog, up from a loss of $4.15 […] Read more

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AGCanadaTV: In case you missed it; your national ag news recap for Aug. 15, 2025

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