CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle firm on cash market optimism

Lean hog futures end lower

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures closed modestly higher on Wednesday, with the benchmark December contract extending its rebound from a four-month low set last week, buoyed by technical buying and expectations of rising cash cattle prices. Sellers in the Kansas and Texas cash markets were offering slaughter-ready cattle as […] Read more

CME January 2024 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME feeder cattle recover off May-level low

Live cattle, lean hogs also higher

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures fell to their lowest level since May on Friday before ending higher, while live cattle recovered from June lows reached earlier this week. Strength in the cash market helped boost futures, traders said. Reports of meatpackers paying $185/cwt in Texas and $186/cwt in Nebraska represented […] Read more


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

U.S. livestock: CME cattle futures rise on supply concerns

Chicago lean hogs slump

Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Tuesday, amid ongoing concern over animal weights shrinking and a steady stream of heifers being sent to slaughter, traders said. Rising cash cattle prices also gave the beef market a boost on the day, traders said. The U.S. Department of Agriculture said meat processors […] Read more

(HLS.ca/virden)

Auction mart report for week of Oct. 13, 2023

Regional market analysis from Manitoba and Saskatchewan, courtesy of the Livestock Markets Association of Canada members

Southern Manitoba, courtesy of Killarney Auction Mart The fall run is underway at Killarney Auction Mart. This week brought: The market has stayed very steady from last week to this week with light- to middle-weight heifers getting a little stronger. As harvest is wrapping up, the fall run will continue full steam ahead. Maybe it […] Read more


CME December 2023 live cattle with 30-, 40- and 50-day moving averages. (Barchart)

U.S. livestock: CME cattle, hogs rise on technical buying

USDA supply data seen as priced into market

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Thursday as technical buyers stepped into the market after prices weakened earlier in the session. Traders said the massive supplies reported by the U.S. Agriculture Department have been priced in and speculators were likely to buy any dip in the market at current levels. […] Read more

File photo of a case of lumpy skin disease in Bangladesh. (Md Babul Hosen/iStock/Getty Images)

Australia buys vaccines for lumpy skin disease to safeguard cattle exports

Recent scares halted some live export trade

Canberra | Reuters — The Australian government said on Wednesday it had bought a supply of vaccines for lumpy skin disease (LSD), a highly infectious condition affecting cattle, as part of efforts to control the disease and maintain live animal exports. The government says Australia is free of LSD but infection scares in recent months […] Read more


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

U.S. livestock: Chicago cattle turn higher

CME lean hogs mostly lower

Chicago Mercantile Exchange (CME) cattle futures turned solidly higher Wednesday while lean hogs mostly continued lower. Most-active December live cattle closed 1.975 cents higher Wednesday at 186.975 cents/lb., erasing two days’ losses, but not before touching a one-month low of 184.25 (all figures US$). Both front-month October 2023 and February 2024 turned 1.925 cents higher, […] Read more

CME December 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: Live cattle mostly lower

Lean hogs also down a second day

Most-active December live cattle on the Chicago Mercantile Exchange (CME) turned lower for a second day in a row Tuesday, as did lean hog and deferred-month feeder cattle futures. December live cattle closed Tuesday at 185 cents/lb., down 0.35 cent on the day, while lightly-traded front-month October ended up 0.2 cent at 182.575 cents/lb. (all […] Read more


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

U.S. livestock: Cattle, hogs down as Middle East war sparks risk-off selling

Smithfield to shut Charlotte, N.C. plant

Chicago | Reuters — Chicago Mercantile Exchange cattle futures retreated on Monday while lean hog futures fell for the first time in four sessions, pressured by risk-off selling as violence erupted in the Middle East over the weekend and riled global markets. The bloodiest fighting in years between the Palestinian Islamist group Hamas and Israel […] Read more