(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs retreat after trading at three-week high

Chicago | Reuters — U.S. lean hog futures fell on Wednesday, retreating from a three-week high on technical selling and a U.S. Department of Agriculture (USDA) report showing a jump in average hog weights in Iowa and southern Minnesota, analysts said. Live cattle and feeder cattle futures rose on short-covering and bullish macroeconomic data. Live […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Hogs at three-week high on fund buying, spreading

Chicago | Reuters — U.S. lean hog futures climbed to a three-week high on Tuesday, extending gains from recent days on speculation prices would rise higher next month and on calendar spreading, traders and analysts said. Live cattle were narrowly lower and feeder cattle futures slightly higher at the Chicago Mercantile Exchange, in technically driven […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle climb as cash prices seen rising

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Monday as profitable packer margins and firm beef prices fueled expectations that cash cattle would trade at higher prices this week. December live cattle finished up 1.25 cents/lb. at 119.825 cents after holding chart-based support at the 50-day moving average around 118.675 (all […] Read more

(File photo courtesy Canada Beef Inc.)

U.S. livestock: Profit-taking undercuts CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday were weakened by profit-taking during a shortened session following the U.S. Thanksgiving Day holiday. CME livestock markets closed early at 12:15 p.m. CT and will resume on Monday at 8:30 a.m. CT. Technical selling, and potential cattle supply growth ahead, further weighed on […] Read more


(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Fund buying rallies CME lean hog futures

Chicago | Reuters — Chicago Mercantile Exchange lean hogs settled higher on Wednesday, with support from fund buying and short-covering before the U.S. Thanksgiving Day holiday, traders said. CME livestock markets will be closed for Thursday’s holiday, but resume on Friday at 8:30 a.m. CT and close early at 12:15 p.m. CT. December hogs ended […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rebound on cash, beef prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday rallied from Monday’s losses, ignited by short-covering as investors digested initial cash prices and firmer wholesale beef values, said traders. Technical buying contributed to market advances along with unwinding of Monday’s short live cattle futures long hog spreads, they said. December live cattle […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market rally stalls

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Eastern Prairie markets were softer but continue to maintain a $5 to as much as $8 premium over major feeding regions of Alberta. We’ve seen a sharp year-over-year increase in imports from the U.S., which is causing a variable price structure to develop across […] Read more

Photo: Canada Beef Inc.

U.S. livestock: Fund selloff sinks CME live cattle to 4-month low

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell to their lowest level in four months on Monday, hit by fund selling and Friday’s bearish U.S. government cattle report, traders said. Last Friday’s U.S. Department of Agriculture monthly Cattle-On-Feed report showed ranchers in October placed the highest number of cattle in feed lots […] Read more


File photo

U.S livestock: CME live cattle futures ease before USDA report

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures finished the week with losses as investors tweaked positions ahead of the U.S. Department of Agriculture monthly Cattle-On-Feed report at 2 p.m. CST (2000 GMT), said traders. Analysts, on average, expect the report to show 7.7 percent more cattle were placed into U.S. feedlots last […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle slip on softer cash, beef prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday reversed some of Wednesday’s gains, led by weaker cash and wholesale beef values, traders said. Some market participants tweaked positions before Friday’s U.S. Department of Agriculture (USDA) monthly Cattle on Feed report. “We saw a small rally yesterday, and a steady opening today, […] Read more