CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME cattle ease, seasonal high possible

Avian flu outbreaks may ripple through meat markets

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Tuesday, pressured by a steady supply of market-ready cattle that may indicate a seasonal high in the market. “Five weeks in a row of generally steady trade for cash cattle is reminding the trade that we may already be at the […] Read more



CME June 2022 lean hogs (candlesticks) with 20-, and 50-day moving averages (pink and brown lines) and CME cash Lean Hog Index (black line). (Barchart)

U.S. livestock: CME hogs, cattle fall on strong slaughter, profit-taking

Feeder cattle lower as corn rises

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell on Monday on profit taking following last week’s Hogs and Pigs report from the U.S. Department of Agriculture. “The overall fundamental is still tight numbers, tight supply created by disease, empty pen spaces, empty buildings,” said Brad Kooima, commodity broker at Kooima […] Read more

CME June 2022 live cattle (candlesticks) with 20-, 100- and 200-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME hogs, cattle ease on profit-taking

Rising corn values pressure feeder cattle

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell on Friday on follow-through technical selling one day after the benchmark June contract closed lower in a huge reversal from a life-of-contract high. CME benchmark June lean hogs settled down 0.175 cent at 120.40 cents/lb., retreating farther from the contract high set […] Read more


CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME lean hogs retreat off contract highs

Corn's climb drags on cattle futures

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange closed lower on Thursday, shrugging off early support from a bullish U.S. government hog inventory report as traders appeared to focus instead on profit-taking at the end of the quarter and disappointing wholesale pork prices, traders said. CME benchmark June lean hogs settled […] Read more

CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME hog futures end lower

USDA inventory data seen supportive

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange closed lower on Wednesday on profit-taking and positioning ahead of the U.S. Department of Agriculture’s quarterly hog inventory report. However, traders said the government data, released after the close, was supportive for futures. USDA reported the U.S. hog herd as of March 1 […] Read more


CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: CME cattle futures rise as grains fall

Hogs ease ahead of USDA data

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Tuesday with the benchmark June contract hitting a four-week top, led by a surge in feeder cattle futures and optimism about consumer demand for beef, traders said. CME June live cattle settled up 1.7 cents at 138.475 cents/lb. while May feeder […] Read more

CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

Klassen: Feeder market showing strength in deferred positions

Compared to last week, western Canadian yearling prices were $3-$5 lower on average while calves traded steady to $4 lower. Outside central Alberta, the steer-heifer spread appeared to widen by $2-$4. Strength in corn futures contributed to the defensive tone. Feedlot operators buying hand-to-mouth have been caught off guard with the recent jump in feed […] Read more


CME June 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and dark red lines) and CME’s cash lean hog index (blue line). (Barchart)

U.S. livestock: CME lean hogs climb on firm cash

Cattle futures end lower

Chicago | Reuters — Benchmark June lean hog futures on the Chicago Mercantile Exchange rose on Monday, setting a life-of-contract high on firm cash hog prices and expectations of tightening supplies. CME June hogs settled up 0.2 cent at 126.05 cents/lb., paring gains after reaching a contract top of 126.875 cents (all figures US$). The […] Read more

CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Hogs set new contract highs with supplies in focus

USDA shows more cattle on feed

Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Friday, with most contracts setting new highs as strong prices for pork and concerns about supplies underpinned the market. Most-active June lean hog futures jumped 3.775 cents to finish at 125.85 cents/lb., closing above the high end of its 20-day Bollinger range after facing […] Read more