(Photo courtesy Canada Beef Inc.)

U.S. livestock: Lower cash prices send CME live cattle lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, pressured by technical selling and last Friday’s drop in prices for slaughter-ready, or cash, cattle, said traders. October live cattle ended 0.45 cent per pound lower at 106.825 cents, and settled below the 10-day moving average of 107.06 cents (all figures […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle decline on profit-taking

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell one per cent on Thursday, pressured by technical selling and as investors took profits following Wednesday’s nearly four-week high, traders and analysts said. Feeder cattle futures also were mostly lower while lean hog futures were mixed, with the front-month contract hitting the lowest levels […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market stabilizes

Western Canadian feeder cattle prices traded steady to $5 higher over the past week largely due to stronger U.S cattle markets. Alberta packers were relatively quiet but fed cattle prices in the U.S. southern Plains jumped US$5, reaching US$110. This sudden reversal caused Canadian feedlot operators to hold out for higher prices and the positive […] Read more


(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs plunge to contract lows on supply

Chicago | Reuters — U.S. lean hog futures fell three per cent or more on Monday, with many contracts reaching lifetime lows on pressure from robust hog supplies and technical selling, traders said. Live and feeder cattle futures were mostly lower at the Chicago Mercantile Exchange, weighed down by profit-taking after cattle earlier hit multi-week […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Strong cash prices push CME live cattle higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts ended higher for a third day in a row on Friday, led by short-covering in response to better-than-expected prices for slaughter-ready, or cash, cattle, said traders. They said fund buying contributed to CME live cattle gains after some contracts broke through technical resistance levels. October […] Read more



(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hefty supplies push CME lean hogs to 10-month low

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday sank to a 10-month bottom, and forged new contract lows, as abundant heavier animals continued to drag down cash prices, traders said. October closed 1.825 cents/lb. lower at 54.925 cents and posted a fresh contract low of 54.7 cents (all figures US$). December ended […] Read more


(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Supplies drop CME lean hogs third straight session

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Tuesday posted losses for a third straight session as plentiful supplies pressured cash prices, traders said. They said liquidation in other commodities led by the U.S. stock market selloff further weighed on CME lean hogs. October closed 2.675 cents/lb. lower at 56.75 cents and posted […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle gain again, hogs drift lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday rose for a second straight session, helped by more short-covering and technical buying after some contracts punched through technical resistance levels, traders said. October live cattle ended 1.3 cents/lb. higher at 105.7 cents (all figures US$). December closed 1.325 cents higher at 106.725 […] Read more