CME December 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Cattle futures sag on fears for economy, beef demand

Firm cash hog values support hog futures

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Friday, following as global financial markets fell after U.S. President Donald Trump tested positive for the coronavirus, adding to investor uncertainty. Disappointing U.S. job growth numbers heightened worries about consumer demand for beef, at a time when retailers are starting to […] Read more

CME December 2020 live cattle (candlesticks) with 20-, 50- and 100-day moving averages and October 2020 live cattle (purple line). (Barchart)

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

Chicago lean hogs end mixed

Chicago | Reuters — U.S. live cattle futures closed mixed on Thursday with nearby contracts drifting lower on profit-taking a day after the benchmark December contract touched a six-week high, analysts said. Commodity funds hold a net long position in Chicago Mercantile Exchange (CME) live cattle futures, leaving the market vulnerable to bouts of long […] Read more


CME November 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures slip as feed grain prices soar

Firm cash prices support CME hogs

Chicago | Reuters — U.S. live cattle futures retreated on Wednesday after the December contract hit its highest price in more than a month, while feeder cattle futures slumped as prices surged for grain used as animal feed. The rally in U.S. grain futures prices hung over cattle markets because livestock producers will be more […] Read more

CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle up on beef demand, cash market optimism

Chicago hogs down on profit-taking

Chicago | Reuters — U.S. live cattle futures rose on Tuesday, with the December contract reaching its highest in a month on signs of strong demand for beef and expectations of firm cash cattle trade this week, analysts said. Also, commodity funds appeared to be adjusting positions ahead of the end of the month and […] Read more


Piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)

China targets pork self-sufficiency rate of 95 per cent

Imported beef increasing in market share

Beijing | Reuters — China is aiming to produce 95 per cent of its pork at home, according to a cabinet document outlining plans for its livestock sector, underscoring a goal to quickly rebuild its huge pig herd after a major disease epidemic. The document, released on Sunday, comes amid a heightened focus on food […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures up on cash market optimism

Wholesale pork values support October hogs

Chicago | Reuters — U.S. live cattle futures closed firm on Monday, rallying after a sharply lower open as strong packer margins raised expectations for higher cash cattle trade this week, analysts said. Average beef packer margins rose to $320.18 per head, from $313.25 on Friday, according to livestock marketing advisory service HedgersEdge.com (all figures […] Read more


File photo of Agriculture Minister Marie-Claude Bibeau speaking to media in Winnipeg in March 2019. (Dave Bedard photo)

Canada not benefiting from CETA, Bibeau says

Ex-premiers write to Ottawa with critique of EU's continued trade barriers

Canada is not benefiting from the Comprehensive Economic and Trade Agreement (CETA) with the European Union (EU), federal Agriculture Minister Marie-Claude Bibeau grants. Expected to spur $1.5 billion in new agri-food exports, the free trade deal has fallen short of those targets since its implementation in 2017. In a letter Monday to Prime Minister Justin […] Read more



CME October 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Cattle futures rise on supply concerns

CME lean hog futures down

Chicago | Reuters — Live cattle futures rose to their highest in more than a month on Thursday, supported by signs of a stabilizing cash market and concerns about tight supplies in the coming months, traders said. “The feedlots believe… that we have a marketing hole for most of October into December,” Don Roose, president […] Read more

CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures up ahead of USDA report

Hogs also up ahead of separate USDA data

Chicago | Reuters — U.S. live cattle futures gained on Wednesday, as traders weighed continued strong slaughter rates against expectations for higher placements in the U.S. Department of Agriculture’s end-of-week Cattle on Feed report. “The beef market looks like it’s possibly stabilizing, and that should be supportive for cattle prices in the near term,” said […] Read more