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

U.S. livestock: Futures rise as frozen meat stocks decline

Exporters drew down stored supplies during packer slowdowns

Chicago | Reuters — U.S. cattle and hog futures firmed on Tuesday following two sessions of declines after U.S. Department of Agriculture (USDA) data showed a larger-than-anticipated decline in cold-storage stocks of pork and beef. The USDA stocks report, released after the close on Monday, showed a record-large drop in U.S. frozen pork inventories in […] Read more

CME August 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures drop as China tightens food import restrictions

USDA report bearish on cattle futures

Chicago | Reuters — U.S. lean hog futures retreated on Monday, with actively traded nearby contracts sinking more than three per cent and hitting life-of-contract lows amid worries about pork exports to China, which has stepped up oversight of imported goods due to COVID-19. China’s customs authority said on Sunday it had suspended poultry imports […] Read more


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

U.S. livestock: Futures drop ahead of USDA data

Cattle on Feed report could be bearish Monday

Chicago | Reuters — U.S. livestock futures fell on Friday, as hog producers and cattle ranchers continue to struggle with a massive backlog even as many slaughterhouses come back online. The U.S. Department of Agriculture’s monthly Cattle on Feed report, released Friday after the market close, showed May feedlot placements at 99 per cent compared […] Read more

Beef plants cannot operate efficiently without a steady supply of cattle from ranch to feedlot to plants.

Beef producers get a raw deal

Prime Cuts with Steve Kay

North America’s cattle producers were the first in the beef chain to be impacted by the spread of the COVID-19 virus from epidemic to pandemic. Yet they are getting a raw deal from their national governments in terms of financial or other aid. The Canadian and U.S. governments were quick to declare that meatpacking was […] Read more


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

U.S. livestock: Cattle futures, beef prices decline

Lean hogs up amid technical buying

Chicago | Reuters — U.S. live cattle futures fell Thursday as boxed beef prices tumbled under pressure from rising production. Beef output has increased as meat companies increase slaughtering after temporarily closing processing plants in April and May because of outbreaks of the COVID-19 coronavirus among workers. Processors killed an estimated 120,000 cattle on Thursday, […] Read more

(Video screengrab from Agribition.com via YouTube)

COVID-19 knocks Agribition off 2020 calendar

Organizers look to 2021, plan 'new digital experiences' in meantime

Another of the Prairies’ major agricultural exhibitions has removed itself from the 2020 schedule. The 50th edition of Canadian Western Agribition, which was scheduled for Nov. 30 to Dec. 5 this year at Regina’s Evraz Place exhibition park, has been postponed to Nov. 22-27, 2021. Organizers of the not-for-profit event said Wednesday they made the […] Read more


CME July 2020 lean hogs with 20- and 50-day moving averages. (Barchart)

U.S. livestock: Hog futures still face headwinds over demand questions

Cattle futures mixed on USDA report expectations

Chicago | Reuters — U.S. lean hog futures traded choppy on Wednesday, amid ongoing pressure from large domestic supplies and rebounding pork production, analysts said. Meanwhile, concerns over a potential slowdown in U.S. pork exports kept markets jittery for a second session, traders said. China’s meat importers fear clearing delays and a hit to demand […] Read more

CME July 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hogs down, cattle up on demand issues

Cash cattle values hint at increased demand

Chicago | Reuters — U.S. lean hog futures dipped on Tuesday, as questions continued to grow about whether pork export demand from China will surge and eat through massive domestic stockpiles, traders said. Meanwhile, cattle futures rose as the cash market showed hints of increased demand from packers hungry to supply grocery stores and restaurants […] Read more


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

U.S. livestock: Futures up as meat production grows

Live cattle up off last week's lows

Chicago | Reuters — U.S. live cattle futures rose on Monday, after plunging to their lowest price in more than a month last week, amid signs of meat production increasing — even as cash market prices continue to strain livestock producers’ profits. Chicago Mercantile Exchange August live cattle rose 0.675 cents, to 96 cents (all […] Read more

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

U.S. livestock: Live cattle futures touch one-month low

Improving production pressures hog futures

Chicago | Reuters — U.S. live cattle futures dropped to their lowest price in more than a month on Friday, weighed down by expectations for increasing meat production. Beef output has improved as slaughterhouses have resumed operations after closing temporarily in April and May due to outbreaks of the new coronavirus among plant workers. The […] Read more