Insights and Stories on Livestock

Klassen: Strong demand underpins yearling market

Aug. 16, 2021 at 10:47 pm CDT

Compared to last week, western Canadian yearling prices were unchanged to as much as $4 higher in some cases; calf markets traded $2-$3 on either side of unchanged as prices were quite variable across the Prairies. Major feedlot operators were extremely aggressive for yearlings. Larger groups of one-cut cattle were […]

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

Aug. 16, 2021 at 7:18 pm CDT

By Julie Ingwersen

Feds lock in AgriRecovery funds before election call

Aug. 15, 2021 at 10:18 pm CDT

By Dave Bedard

Olymel, Quebec workers reach deal in principle

Aug. 15, 2021 at 9:06 pm CDT

By Dave Bedard

U.S. livestock: Cattle end mostly lower; hog futures narrowly mixed

Aug. 13, 2021 at 4:52 pm CDT

By Julie Ingwersen

U.S. livestock: CME cattle futures rise after U.S. cuts beef production forecasts

Aug. 12, 2021 at 4:45 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose on Thursday as the U.S. Department of Agriculture reduced its forecasts for domestic beef production. The agency, in a monthly report, trimmed its estimate for 2021 U.S. beef production by 0.1 percent from July to 26.965 billion pounds due to lighter expected […]

By Tom Polansek

U.S. livestock: CME hogs end mostly higher on bargain buying, cattle drift lower

Aug. 11, 2021 at 6:45 pm CDT

Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange closed mostly higher on Wednesday as bargain-buying and firmer wholesale pork prices helped the benchmark October contract rebound from a one-month low set a day earlier. CME October lean hogs settled up 1.975 cents at 85.850 cents per […]

By Julie Ingwersen

U.S. livestock: CME cattle futures rise as beef prices climb; hogs end lower

Aug. 10, 2021 at 6:40 pm CDT

Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday, lifted by surging beef prices and rising packer margins that fueled expectations of firmer cash cattle prices this week, traders said. CME October live cattle settled up 0.650 cent at 128.125 cents per pound, […]

By Julie Ingwersen

Klassen: Yearlings hold value while calves remain under pressure

Aug. 10, 2021 at 9:44 am CDT

Compared to last week, Western Canadian yearling prices were relatively unchanged while calves were once again $2 to $4 lower. Featherlight bawlers were down $4 to as much as $8 from week-ago levels. The tight feed grain supply situation continues to set the price structure for feeder cattle. Yearlings straight […]

By Jerry Klassen

U.S. livestock: CME lean hog futures tumble on uncertain pork demand

Aug. 9, 2021 at 6:45 pm CDT

Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange fell sharply on Monday, with the benchmark October contract down its daily limit on worries about a seasonal increase in hog supplies and uncertain demand for U.S. pork, analysts said. CME October hog futures settled down 3 cents […]

By Julie Ingwersen