Insights and Stories on Livestock

U.S. livestock: Cattle futures rally late in session on technical buying

Nov. 8, 2023 at 4:59 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures saw a choppy day of trading on Wednesday, before rallying later in the session on short-covering and technical buying, traders said. December live cattle futures dipped below its 200-day moving average of $177.50 before bouncing up (all figures US$). January […]

U.S. livestock: Cattle futures sink to May lows

Nov. 7, 2023 at 5:42 pm CST

By Tom Polansek

Klassen: Buyers contemplate feeder market prices

Nov. 7, 2023 at 1:53 pm CST

By Jerry Klassen

U.S. livestock: CME cattle slide on concerns over beef demand

Nov. 6, 2023 at 5:26 pm CST

By Tom Polansek

U.S. livestock: CME hog, cattle futures down on profit-taking

Nov. 3, 2023 at 7:41 pm CDT

By Julie Ingwersen

U.S. livestock: CME cattle, hogs soar as U.S. Fed piques investors’ risk appetite

Nov. 2, 2023 at 7:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle and hog futures rose on Thursday following broad strength in Wall Street equities, crude oil and other commodities, as investors’ risk appetite increased a day after the U.S. Federal Reserve kept benchmark interest rates on hold. “The emphasis is really from […]

By Julie Ingwersen

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

Nov. 1, 2023 at 6:32 pm CDT

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 […]

By Julie Ingwersen

Farmgate milk price hike delayed to May

Nov. 1, 2023 at 2:38 pm CDT

The farmgate price of milk will go up May 1, 2024, rather than Feb. 1, after a review of the national pricing formula and consultation with stakeholders. The increase will be 1.77 per cent, or about 1.5 cents per litre for milk going into processing plants, the Canadian Dairy Commission […]

By Karen Briere

ASF compartmentalization moves a step forward

Oct. 31, 2023 at 7:26 pm CDT

Canada is one step closer to a compartmentalizing regime that hog farmers and the rest of the industry hope protects them against market impacts of African swine fever. Practical application can be developed now that the Canadian Food Inspection Agency has released its National Standards and National Framework for the […]

By Ed White

U.S. livestock: CME cattle rise on hopes for cash prices

Oct. 31, 2023 at 6:50 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange livestock futures crept higher on Tuesday as the cattle markets continued to rebound from multi-month lows reached last week. Expectations for higher cash prices this week and beyond helped to underpin futures, analysts said. Cash prices improved on Friday, compared to the middle […]

By Tom Polansek