(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs hit three-month high

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Tuesday reached their highest level since mid-February, fueled by strong cash and wholesale pork prices, traders said. June futures led gainers after investors bought that contract and sold deferred months, prompted by bullish market fundamentals, traders said. June closed 1.475 cents/lb. higher at 78.725 […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market remains firm

Western Canadian feeder cattle markets traded $3-$5 above week-ago levels although lighter weight categories experienced week-over-week gains of $8 to as much as $12. The fed cattle market went through a correction, with live sales quoted from $181 to $186, down from the last week average trade of $195. This weaker live cattle trade appeared […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle mostly sharply higher on roll, beef gains

Chicago | Reuters — U.S. live cattle futures were mostly sharply higher on Monday, rising as investors rolled positions forward and as wholesale beef prices extended gains, traders and analysts said. Feeder cattle and lean hogs also climbed at the Chicago Mercantile Exchange, with all three recouping a portion of the losses notched on Friday […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle up third straight session

Chicago | Reuters — Chicago Mercantile Exchange nearby live cattle futures on Thursday rose for a third straight day, led by bullish market fundamentals before profit-taking pulled contracts from new highs, said traders. June settled 1.25 cent/lb. higher at 131.3 cents, and spiked by its 4.5-cent expanded trading limit and a new high of 134.55 […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle soar limit up

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Wednesday posted new highs, and nearby months hit their three-cent daily price limit, sparked by brisk beef demand and stronger-than-anticipated cash prices, traders said. June settled at 130.05 cents and August 123.8 — limit up and fresh highs for both contracts (all figures US$). […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle end higher, but off session tops

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed higher Tuesday on fund buying, short-covering and solid beef demand that briefly lifted the June contract to its three-cent daily price limit, said traders. They said profit-taking and caution before this week’s cash prices pulled futures from new contract highs. June ended 2.925 cents/lb. […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle hold modest gains

Chicago | Reuters — Chicago Mercantile Exchange nearby live cattle contracts on Monday settled with modest gains, supported by their discounts to last week’s futures prices and robust wholesale beef demand, said traders. They said profit-taking, after futures spiked to new highs earlier in the session, capped nearby market advances and pressured other trading months. […] Read more

U.S. livestock: Live cattle hit one-year high on fund buying

U.S. livestock: Live cattle hit one-year high on fund buying

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Friday notched a one-year high for a third straight day, with strength from fund buying during the month’s final trading session, traders said. They said brisk wholesale beef demand and deferred-month futures’ discounts to this week’s cash prices helped drive contracts to fresh highs. Funds […] Read more