Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell for a third session on Wednesday, as seasonal pressure mixed with weaker pork prices, analysts said. “This time of year for October hogs, it’s tough to know which direction to go in,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc, noting […] Read more
U.S. livestock: CME lean hogs dip as seasonal pressures mount
Live cattle futures eased slightly as cash trade remains light
U.S. livestock: CME live cattle ease, heat impacts in focus
Seasonal hog supplies pressure futures
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after two sessions higher, as traders watch to see the impact of sweltering temperatures on slaughter-ready cattle, analysts said. “The heat does hurt the weights. That’s been an issue for a lot of the south, for a lot of the summer,” said […] Read more
U.S. livestock: CME live cattle climb on fewer feedlot placements
Lean hog futures down with cash prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed for a second session on Monday, supported by a bigger-than-expected drop in cattle placements in July, reported after market close on Friday. “In terms of slaughter ready cattle, we’re still relatively tight,” said Austin Schroeder, analyst at Brugler Marketing. In the U.S. Department of […] Read more
U.S. livestock: CME live cattle recover from six-week low
U.S. cattle-on-feed data seen as supportive
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday after dropping to a six-week low, as traders adjusted positions before a government report showed lower-than-expected placements in U.S. feedlots last month. The data, which the U.S. Department of Agriculture (USDA) issued after trading ended, should further support cattle futures next […] Read more
U.S. livestock: October live cattle futures lowest since July
October hogs up almost a cent
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, with the most-active contract hitting its lowest price since July, as the market continued to retreat from recent highs. Futures and cash prices have jumped this year after drought reduced the amount of pastures available for grazing and prompted U.S. cattle […] Read more
Expert beef advice via audio
Podcasts are convenient and can offer what producers need to know, when they need to know it and with many ways to listen
Reading Time: 3 minutes We are all trying to get factual information on the health, production and welfare of our herds. Sometimes it is hard to stay abreast of all the information. Publications like this one, and websites of the Beef Cattle Research Council, Canadian Cattle Association and provincial beef producers’ groups, can help with that. YouTube videos, if […] Read more
U.S. livestock: CME live cattle set two-week low
Lean hogs touch June low
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stumbled to their lowest level in more than two weeks on Wednesday, while lean hogs hit their lowest price since June. Drought prompted U.S. cattle producers to reduce their herds since last year by driving up feed costs and reducing the amount of pasture available […] Read more
U.S. livestock: Technical selling extends setback in CME lean hogs
Live cattle futures generally sideways
Chicago | Reuters — Chart-based selling drove Chicago Mercantile Exchange lean hog futures lower on Tuesday, brokers said, as the market extended a recent setback. Most-active October lean hog futures fell 0.95 cent, or 1.2 per cent, to settle at 78.2 cents/lb. and touched their lowest price since July 3 (all figures US$). The contract […] Read more
U.S. livestock: CME lean hogs down on technical selling
Cattle futures also lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest level in six weeks on Monday on technical selling and ample U.S. supplies, brokers said. The market has pulled back after rising on Aug. 1 to its highest price since March. “Hogs are doing what they do — trying to find […] Read more
Loan limits get beefed up
Reading Time: < 1 minute The provincial government is giving feeder association members more options to purchase and market livestock and to generate better cash flow for their operations. It is amending the Feeder Associations Guarantee Regulation. The changes raise individual and joint membership loan limits, excluding advances, to $3 million from $2 million. Cattle prices have increased 25 per […] Read more
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