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CME June 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Sizzling cash cattle prices ignite rally in CME futures

April hogs up, June down

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures leapt to contract highs on Thursday as cash prices soared, stoking concerns about tightening U.S. supplies. Meatpackers had to be aggressive in the cash market, brokers said, after ranchers have reduced their herds due to high feed costs and drought in the western U.S. Cattle […] Read more
CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle up on higher cash price expectations

June lean hogs hit new lows

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Wednesday on expectations for higher U.S. cash prices this week, as lean hog futures set contract lows, analysts said. Cash cattle were bid at about $168/cwt in the southern Plains, roughly $1 higher than the bulk of trading last week, said Dennis Smith, […] Read more
Payne Livestock.
News, Purely Purebred

Canadian Limousin Association Awards of Distinction

Purely Purebred, news from the April 2023 issue of Canadian Cattlemen

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The Canadian Limousin Association (CLA) recently bestowed its 2023 CLA Award of Distinction to two operations: Payne Livestock, and David Carson Farms and Auction Services Ltd.  (Below is a shortened version of a write-up by Ashton Hewson) Rocky and Debbie Payne celebrated the 24th anniversary of Payne Livestock in 2023. Located near Lloydminster, Sask., Payne […] Read more
CME June 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle slide on profit-taking

April lean hogs set contract low

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Chicago | Reuters — Profit-taking pushed down Chicago Mercantile Exchange cattle futures on Tuesday, while front-month lean hog futures tumbled to another contract low. Losses on Wall Street helped set a negative tone for the markets, as live cattle futures pulled back from contract highs reached on Monday, traders said. “Cattle-wise, we got a bit […] Read more
Photo: Canada Beef
Beef Cattle, Markets, News

Fed cattle prices reach new highs

The Markets with Deb McMillin, from the April 2023 issue of Canadian Cattlemen

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Fed cattle Fed cattle prices in Canada reached new highs during the second week of March. Urged higher by tightening supplies, smaller beef production, solid demand and stronger cutout values, the average fed steer price reached $203.90/cwt in Alberta. An average of $203.90/cwt is an improvement of nearly 10 per cent or $17.86/cwt since the […] Read more
CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle down off highs on profit-taking

Hogs continue mixed on U.S. farrowing intentions

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Monday as profit-taking dragged prices down after the market set new contract highs, traders said. CME June live cattle ended down 0.9 cent at 161.225 cents/lb., after reaching a high of 162.525 cents/lb. (all figures US$). That exceeded Friday’s high of 162.175 cents/lb. […] Read more
CME July 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs up in deferred months

USDA report fuels supply uncertainty; cattle up on cash strength

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose in deferred contracts on Friday on U.S. producers’ plans for fewer sows to farrow, analysts said. Producers intend to have 2.93 million sows farrow, or give birth, from March to May, down one per cent from actual farrowings a year earlier, the U.S. Department […] Read more
Graphic: Courtesy Canadian Beef Cattle Check-Off Agency

Beef Cattle, Features

Canadian beef check-off pays off

A look at the formation of Canada’s unique check-off program and the activities it funds

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Canada’s ability to attract buyers such as McDonald’s to its beef products can be attributed to producers themselves funding research, marketing and public outreach through check-off dollars. “We realized that, if we were going to be a world-class producer of high-quality beef, and continue to grow, we needed to make an investment in research and […] Read more
CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle set contract high as cash prices jump

USDA sees hog farrowing intentions down on year

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Thursday, with the front-month contract setting a new high, as cash prices climbed. Cash cattle trades of around $170-$171/cwt in western Nebraska and around $172/cwt in northwest Iowa ignited the rally in futures, analysts said (all figures US$). Cash prices were up about […] Read more
A big question is where these new processing plants, if they open, will get their cattle from.
Markets, Prime cuts

New processing plant pipe dreams

Prime Cuts with Steve Kay

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Who doesn’t dream of building a new, state-of-the-art beef processing plant? As it happens, plenty of people in the U.S. do. Spurred by the perceived lack of slaughter capacity during the worst of the COVID pandemic, more than seven new groups over the past 18 months announced plans to build a plant. There’s one huge […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

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