Insights and Stories on Livestock

U.S. livestock: CME cattle weaken off new contract highs

Jun. 7, 2023 at 4:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures weakened on a technical setback on Wednesday, closing in negative territory after rising to fresh contract highs during the session. Hog futures were also weaker. Benchmark CME August live cattle futures settled down 2.3 cents at 173.2 cents/lb. after posting a […]

U.S. livestock: CME cattle rally to contract highs

Jun. 6, 2023 at 5:04 pm CDT

By Mark Weinraub

Klassen: Texas flooding lifts Canadian feeder market

Jun. 6, 2023 at 6:47 am CDT

By Jerry Klassen

Animal care council won’t update livestock transport code of practice

Jun. 5, 2023 at 7:12 pm CDT

By Dave Bedard

U.S. livestock: CME cattle futures rise, hog futures dip

Jun. 5, 2023 at 4:21 pm CDT

By Mark Weinraub

U.S. livestock: CME cattle extend rally on surging cash market

Jun. 2, 2023 at 7:02 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended their run of life-of-contract highs on Friday, supported by a jump in cash cattle prices this week along with rising beef prices, traders said. Benchmark CME August live cattle futures settled up 0.525 cent at 172.9 cents/lb. after posting […]

By Julie Ingwersen

U.S. livestock: CME live cattle soar as cash prices explode

Jun. 1, 2023 at 7:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures surged on Thursday as cash cattle traded as high as US$180/cwt in Texas and Kansas, up to US$9 higher than last week, reflecting strong demand from meat-packers amid rising beef prices and tightening cattle supplies, traders said. CME’s most-active August […]

By Julie Ingwersen

U.S. livestock: CME lean hogs bounce on short-covering

May. 31, 2023 at 7:38 pm CDT

Chicago | Reuters — Benchmark July lean hog futures on the Chicago Mercantile Exchange jumped nearly five per cent on Wednesday, extending their two-day rally to 11 per cent on a round of bargain-buying following a months-long slump, traders said. CME July hogs settled up 3.8 cents at 83.325 cents/lb., […]

By Julie Ingwersen

U.S. livestock: CME lean hogs limit-up on bargain buying

May. 30, 2023 at 7:45 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures surged their daily limit on Tuesday, rebounding from Friday’s life-of-contract lows on a round of bargain-buying and short-covering toward the end of the month, and as feed grain futures fell sharply, traders said. “It really got grossly overdone to the bottom […]

By Julie Ingwersen

Klassen: Canadian feeder market rationing demand

May. 30, 2023 at 2:20 pm CDT

For the week ending Saturday, western Canadian feeder markets averaged $3-$6/cwt higher compared to seven days earlier. Weakness in the Canadian dollar along with strength in the deferred live cattle futures set a positive tone. Recent rains have enhanced yield potential for the Canadian barley crop, which also underpinned nearby […]

By Jerry Klassen