CME October 2023 feeder cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME feeder cattle set contract high, live cattle hit July high

Hogs up but within yesterday's range

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to a July high on Thursday while feeder cattle set new contract highs. Tight supplies continue to support the markets, analysts said, after U.S. producers reduced their cattle herds over the last year as drought limited the availability of pastures for grazing. October live […] Read more

CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)

U.S. livestock: CME live cattle rally near four-week high

October hogs touch lowest in a week

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Wednesday to their highest level in nearly four weeks, while feeder cattle also stormed higher. U.S. cattle supplies are tight as drought reduced the amount of pasture available for grazing and drove producers to send more cattle to slaughter over the last year. […] Read more


Production uncertainty drives feed grain markets

Production uncertainty drives feed grain markets

Market Talk with Jerry Klassen

Barley and corn prices have been extremely volatile over the past month. Large regions of Western Canada are experiencing drought-like conditions. At the same time, crop ratings for the U.S. corn crop reflect yield uncertainty in the Midwest. I’ve received many inquiries from feedlot operators and cow-calf producers regarding the price outlook for corn and […] Read more

CME October 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs near one-month high on export outlook

CME cattle futures close lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures neared a one-month high on Tuesday on expectations for increased U.S. pork exports and tightening supplies. Demand for U.S. pork is benefiting as high pig prices in Europe cause global importers to shift some business to the United States, where pig prices have been weak, […] Read more


Talking to a seller about disease history in their herd and asking about herd records is a good idea, says the research chair at the Western College of Veterinary Medicine.

Comment: Beware Trojan cows

You’ve probably read the story of the Siege of Troy, or at least watched the movie with Brad Pitt. If not, here is a summary: Queen Helen of Sparta absconded with or was abducted by Paris. They sailed back to his hometown of Troy. Her husband, King Menelaus, was displeased and roped his friends Odysseus […] Read more

CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)

U.S. livestock: CME live cattle ease on softer cash markets

Trade watching for increased demand for hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Friday, ending the week slightly lower as cash trade eased, though the cattle market continues to trade mostly sideways, analysts said. “The market’s basically saying — we’ve got stable trade right now for a couple months,” said Rich Nelson, chief strategist at Allendale […] Read more


CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle up ahead of long weekend

Lean hogs follow cash hog index lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ticked upward Thursday, while packers backed off of buying ahead of the Labour Day holiday week that will limit slaughter, analysts said. “There was some light trade today, slightly lower than last week,” said Doug Houghton, technical analyst at Brock Capital Management. “I don’t know […] Read more

CME October 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs climb as traders eye seasonal supply shifts

Cattle futures down ahead of long weekend

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Wednesday, finding support as traders gauged pork demand and watched for signs of a seasonal influx of market-ready hogs. “We still have an index that’s higher than the October. It usually doesn’t close the gap until we get into September a week or […] Read more


CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle dip as traders weigh cash, consumer demand

Hog futures down on supply expectations

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after four days of gains, as traders look for direction from consumer demand amid tight cattle supplies, analysts said. “I think we’ve been sideways for cattle now for over a month and, I guess until we see a change on the product […] Read more

CME October 2023 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME feeder cattle up on consumer demand, tight supplies

Labour Day weekend demand also lifts hogs

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures gained on Monday, supported by consumer demand and continued tightening of available cattle, analysts said. “I think we probably did get a little help here from retail movement over the last week,” said Alan Brugler, president of Brugler Marketing, noting the Labour Day holiday is […] Read more