CME April 2021 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: CME lean hogs end mixed after five-session rally

Feeder cattle up on corn supply projection

Chicago | Reuters — U.S. lean hog futures ended mixed on Tuesday following five straight sessions of contract highs that triggered technical and speculative selling and profit taking in some futures months. The market, however, remained underpinned by strong cash hog prices, robust export demand and profitable pork packer margins, as well as Tuesday’s downturn […] Read more




CME April 2021 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: CME hogs touch contract high for fourth straight day

Live cattle up, feeder cattle retreat

Chicago | Reuters — U.S. lean hog futures extended their rally on Friday, setting a contract high for the fourth consecutive day on strong demand, while live cattle futures topped a one-year high. Traders predicted Chinese buyers will continue to snap up U.S. pork after the U.S. Department of Agriculture on Thursday reported export sales […] Read more


CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME hogs touch contract high for third day

Cattle futures up with beef exports

Chicago | Reuters — U.S. lean hog futures climbed on Thursday, setting a contract high for the third consecutive day on firm Chinese demand, traders said. Weekly U.S. pork export sales to China, the world’s top pork consumer, reached a three-month high of 17,873 tonnes in the week ended Jan. 28, according to the U.S. […] Read more

CME April 2021 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hogs set contract high on strong demand, lighter weights

CME cattle futures close lower

Chicago | Reuters — U.S. lean hog futures on Wednesday reached a contract high for the second consecutive day on strong demand and a decline in farm animal weights, analysts said. Average hog weights have declined as processors have cleared a backlog of hogs on farms that began last spring when COVID-19 outbreaks temporarily shut […] Read more


CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hog futures hit contract high

Cattle futures up on domestic, export demand for beef

Chicago | Reuters — U.S. lean hog futures surged to a contract high on strong demand and technical buying on Tuesday, while cattle futures also advanced, analysts said. Chicago Mercantile Exchange April lean hog futures settled up 2.575 cents at 78.075 cents/lb. (all figures US$). The contract traded up to 78.225 cents, topping a previous […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market bounces on optimistic outlook

Feed barley remains near historical highs

Compared to last week, western Canadian yearling prices traded $2-$4 higher; prices for mid-weight calves were quoted $4-$8 above week-ago levels. Calves under 550 lbs. traded $6 to as much as $10 higher compared to seven days earlier. Improving feedlot margins were the main factor driving the feeder market. June and August live cattle futures […] Read more


CME April 2021 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Profit-taking hits live cattle futures

CME April hogs also down off Friday's high

Chicago | Reuters — U.S. live cattle futures weakened on Monday on profit-taking and as the market pulled back from a one-year high reached last week, traders said. Strong demand for beef has supported cattle futures recently, and beef prices continue to rise. Choice cuts advanced $1.82, to $235.77/cwt, and select cuts climbed $2.98, to […] Read more

CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle slide on end-month profit-taking

Firm pork prices support CME lean hogs

Chicago | Reuters — U.S. live cattle futures closed lower on Friday as traders booked profits at the end of the week and month, and as Wall Street equity markets declined, traders said. Lower-than-expected cash cattle trades added to bearish sentiment. Market-ready cattle traded in the cash market as high as $113/cwt, traders said, up […] Read more