CME February 2019 live cattle with 100-day moving average. (Barchart)

U.S. livestock: Cattle weaken on profit-taking, hogs firmer

Chicago | Reuters — U.S. live cattle futures finished slightly lower on Monday as traders locked in profits in end-of-year position squaring, after prices earlier touched contract highs, traders said. Lean hog futures were mostly higher, buoyed by short-covering and position squaring on the final trading day of the month, quarter and year. Cattle futures […] Read more

CME January 2019 feeder cattle with 50-day moving average. (Barchart)

U.S. livestock: Cattle edge higher on technical buying, weather

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures edged higher on Friday, buoyed by technical buying and as wintry weather in the U.S. Plains hampered transportation of animals to market, traders and analysts said. Heavy snowfall, rains and falling temperatures in much of the central U.S. stressed livestock, likely slowing weight gains in […] Read more


CME February 2019 live cattle with 50-day moving average. (Barchart)

U.S. livestock: Cattle jump to contract highs

Chicago | Reuters — U.S. cattle futures climbed to life-of-contract highs on Thursday as a storm brought blizzard-like conditions to much of the Plains cattle belt, stoking expectations of higher prices for the animals in cash markets, traders said. Heavy snow could impede transportation of cattle to market in Nebraska, Kansas, Oklahoma and elsewhere while […] Read more

CME February 2019 live cattle, with 50-day moving average. (Barchart)

U.S. livestock: Cattle, hogs mostly higher on technical buying

Chicago | Reuters — U.S. livestock futures were mostly higher on Wednesday, with cattle buoyed by expectations for gains in cash markets while hogs climbed on short covering after staying above Monday’s six-week lows, traders and analysts said. Prices for both cattle and hogs moved in relatively narrow ranges on the Chicago Mercantile Exchange (CME) […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market ends year on firm tone

Compared to last week, western Canadian feeder markets traded $3-$5 higher. Auction barns in the major feeding regions of Alberta had limited numbers on offer last week; therefore, major operations were sourcing feeders from farther distances. While most feedlots are carrying sufficient numbers, year-end buying was able set the market on a firm tone. April […] Read more



CME February 2019 live cattle with 20-day moving average. (Barchart)

U.S. livestock: Nearby live cattle rise on firm cash prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Friday, with firm cash cattle markets supporting actively traded nearby months. Forecasts for possible winter weather in the U.S. Plains next week, which could slow down weight gains and cattle marketings, added further support. Feedlot cattle in Nebraska traded at mostly $119/cwt […] Read more