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Livestock Livestock

CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle gain as demand remains strong

Lean hogs down for second session

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures gained on Monday as cattle processing picked up, led by strong beef prices, while feed cattle gained on tight supplies and a lower corn trade, analysts said. CME June live cattle futures added 2.2 cents to 118.225 cents/lb., while August feeder cattle futures finished 4.425 cents […] Read more
(Lovelyshot/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures up on beef prices, demand

June hogs down off recent rallies

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Friday on strong beef prices and demand for red meat that also catapulted margins for beef processors. Meat demand is high as federal stimulus checks have increased incomes and prompted consumers to spend more at supermarkets and restaurants, analysts said. COVID-19 vaccinations are also […] Read more
Senior veterinary students Willow Burnes (left) and Dani England assess a newborn calf at the LFCE's Forage Cow-Calf Research and Teaching Unit. Photo: Christina Weese.
Beef Cattle, Calving

On-site calving rotations mark a first for USask

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This article originally appeared on the Livestock and Forage Centre of Excellence’s website. It’s republished here with permission. The university’s Livestock and Forage Centre of Excellence (LFCE), located south of Clavet, Sask., has 400 cows and heifers calving in April and May. That flurry of calving activity gave two groups of fourth-year Doctor of Veterinary […] Read more
CME June 2021 live cattle (candlesticks) with June 2021 lean hogs (dark red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures rise with wholesale meat prices

Easing restrictions prompt more dining out

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Chicago | Reuters — Chicago Mercantile Exchange lean hog and live cattle futures climbed on Thursday as U.S. wholesale prices increased. Pork and beef are in high demand in supermarkets and restaurants as the distribution of federal stimulus checks has prompted consumers to spend more on food, analysts said. COVID-19 vaccinations and easing restrictions on […] Read more
CME June 2021 lean hogs (candlesticks) with 20-day moving average (pink line) and June 2021 live cattle (dark red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs rally again on pork prices, supply woes

June live cattle rise to even with June hogs

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures extended a sharp rally on Wednesday, touching contract highs for the fourth consecutive day on limited supplies and strong pork prices. U.S. pork demand is strong as sales have benefited after households received additional COVID-19 pandemic relief money from the federal government, analysts said. The […] Read more
CME July 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures extend rally on cash prices, tight supply

Cash cattle, beef values see 'significant disconnect'

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures hit contract highs for the third consecutive day on Tuesday as a strong cash market and tight supplies pushed up prices. Solid demand for pork has helped boost the market, with meat processors paying up to buy hogs from producers, analysts said. The U.S. Department […] Read more
Canada Beef market intelligence update: U.S. restaurants re-open as vaccinations roll out
Beef Cattle, Global markets, Markets

Canada Beef market intelligence update: U.S. restaurants re-open as vaccinations roll out

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As the U.S. dampens the pandemic, restaurants are re-opening, with some states eliminating all restrictions. On the retail side, demand for beef continues to outpace other meats and plant-based protein. Meanwhile, demand for Canadian beef remains strong, with imports up slightly over last year. Restaurants are open in all states in the U.S. As of […] Read more
CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs set life-of-contract highs on tightening supplies

Cattle mixed on concerns for cash prices

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures soared to contract highs on Monday on tightening U.S. supplies and rising cash prices. Prices have been rallying as consumer demand is rising due to easing pandemic-induced restrictions on dining and travel, analysts said. Hog supplies are tight after some farmers euthanized hogs or performed […] Read more
(Sollio Co-operative Group video screengrab via YouTube)
Hogs, Livestock, Markets

Workers call strike at Olymel hog plant in Quebec

Producers urged to prioritize heavier hogs when shipping

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Talks toward a new contract for unionized employees at meat packer Olymel’s hog slaughter and processing plant in Quebec’s Beauce region have ended in a strike. The Syndicat des travailleurs d’Olymel Vallee-Jonction-CSN, which represents over 1,000 staff at Vallee-Jonction, about 60 km southeast of Quebec City, called an “indefinite” strike effective Wednesday morning, the union […] Read more

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