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CME June 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures dip after belly prices dive

Cattle down on ideas of beef prices peaking

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Chicago | Reuters — U.S. lean hog futures fell on Wednesday on technical selling and signs that wholesale pork prices may have peaked after a massive run-up due to closings at meat-packing plants as COVID-19 sickened workers, traders said. The U.S. pork cutout value fell on Tuesday afternoon by nearly $9/cwt, to $112.82, with pork […] Read more
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: June live cattle limit up on soaring beef prices

Large supplies of hogs, cattle still loom over futures

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Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday, with nearby contracts rising the daily maximum, as surging wholesale beef prices and expectations U.S. beef and pork production would drop spurred speculative buying, traders said. Chicago Mercantile Exchange (CME) June live cattle futures settled up 4.5 cents, the expanded daily limit, at […] Read more
Federal deputy agriculture minister Chris Forbes was one of the witnesses to appear via video conferencing at the Commons agriculture committee’s online meeting May 5. (Parl.gc.ca)
Livestock, Markets

Opposition MPs critique government’s COVID-19 response for ag sector

Pandemic puts ag committee meeting online

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Ottawa — Opposition MPs used the first meeting of the Commons standing committee on agriculture and agri-food since the start of the COVID-19 pandemic to critique the federal Liberals’ $252 million aid package for farmers and food processors. During the May 5 online meeting, Quebec MP Richard Lehoux, the Conservatives’ associate agriculture critic, charged the […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures lower on profit-taking

August, October cattle limit down; June hogs also down

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Chicago | Reuters — U.S. live cattle futures closed lower on Monday, with some contract months falling their daily three-cent limit on profit-taking amid signs the U.S. meat-packing sector was stepping up beef production, traders said. Chicago Mercantile Exchange (CME) June live cattle futures settled down 1.975 cents at 92.675 cents/lb., after surging to a […] Read more
Canadian cattle inventories decline yet again
Beef Cattle, Beef Watch, News

Canadian cattle inventories decline yet again

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association

By
It is rare to see two black swan events occur so close together. But that is what the market is currently facing. African swine fever (ASF) has created a giant protein gap in China and other Asian countries. It is unclear at this point how international demand for protein will be impacted by COVID-19 in […] Read more
[Dave Bedard file photo]
Livestock, Reuters

Cargill to shut Montreal-area meat plant temporarily

Company says 64 workers tested positive for COVID-19

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Ottawa | Reuters — The Canadian arm of U.S. agribusiness Cargill said Sunday it would soon temporarily shut a Montreal-area case-ready meat plant after 64 workers tested positive for COVID-19. The plant is at Chambly, a South Shore suburb of Montreal, one of the worst hit cities in Canada. Cargill said it was winding down […] Read more
CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cash cattle, futures up on beef packer scrutiny

Profit-taking continues to drag on lean hogs

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Chicago | Reuters — U.S. live cattle futures rose on Friday along with cash prices as the federal government probed the beef market. The price of cattle in the cash market has rebounded since U.S. President Donald Trump on Wednesday said he had urged the federal Justice Department to look into allegations that the meatpacking […] Read more
The Lasser family’s ranch is near Chetwynd, in northeastern B.C.
Beef Cattle, Features

Raising cattle at the gateway to Peace Country

Charlie Lasser has been farming since the 1940s, but he’s still trying new things to improve his feeding program and marketing strategy

By
Charlie Lasser has been farming since he was 15, and he’s learned a few things over the decades. Today he ranches in Chetwynd, in the Peace region of B.C., but he started out in Powell River, on the coast, where his parents had a small acreage and a few milk cows. In 1940, the family […] Read more
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: June cattle limit up on surging beef prices, meat shortages

Lean hogs down on profit-taking

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Chicago | Reuters — U.S. live cattle futures surged by their daily trading limits for a second straight session on Thursday on soaring beef prices and concerns about meat shortages because of recent packing plant closures due to the coronavirus. Shuttered slaughterhouses across North America due to the pandemic have left ranchers nowhere to ship […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

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AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

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