U.S. livestock: Live cattle futures trim as traders weigh weak exports

Lean hogs down with pork export figures

Reading Time: 2 minutes Chicago | Reuters — Live cattle futures fell on Friday on profit-taking during a shortened holiday-trading day, while less-than-stellar weekly beef exports added pressure to livestock futures overall, traders said. Chicago Mercantile Exchange February live cattle futures fell for the first time in the past five trading sessions, ending the day down 0.925 cent at […] Read more

China’s coronavirus testing chokes beef trade

Additional inspections, disinfections costly for importers

Reading Time: 3 minutes Beijing | Reuters — In a supermarket in downtown Beijing, refrigerator shelves normally filled with steak from around the world sit empty as tougher testing for the novel coronavirus creates supply bottlenecks and raises prices for importers. Fresh supplies of beef won’t arrive for days, a salesman at the Suning.com-owned Carrefour outlet told Reuters — […] Read more

U.S. livestock: Live cattle up on cash market optimism, beef demand

Hogs up ahead of USDA exports report

Reading Time: < 1 minute Chicago | Reuters — Live cattle futures rose on Wednesday for a fourth straight session, climbing ahead of Thursday’s U.S. Thanksgiving holiday as strong packer margins fed expectations of improving cash cattle prices over the next few weeks, traders said. Chicago Mercantile Exchange February live cattle futures settled up 0.225 cent at 114.175 cents/lb. (all […] Read more

U.S. livestock: Cattle futures follow beef prices, Dow higher

Chicago lean hogs end mixed

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures closed higher on Tuesday for a third straight session, lifted by surging wholesale beef prices and optimism that coronavirus vaccines could trigger an economic recovery, bolstering demand for meat, traders said. Wall Street’s Dow Jones industrial average hit a record high above 30,000 on upbeat COVID-19 vaccine news, […] Read more

Klassen: Feeder market incorporates risk discount

Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were unchanged; however, calves weighing 550 to 800 lbs. traded $3-$5 lower. The market for calves under 550 lbs. traded $5 lower to $3 higher. Early in the week, prices were showing some strength in the lighter weight categories but buying enthusiasm waned from Wednesday through Friday. […] Read more


U.S. livestock: Live cattle futures up two per cent

U.S. feedlot data, beef prices supportive

Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures closed higher on Monday, buoyed by Friday’s supportive monthly Cattle on Feed report, rising wholesale beef prices and strength on Wall Street tied to hopes for a COVID-19 vaccine, traders said. “All of the above (suggest) optimism for the meat market,” said Jason Roose, analyst and broker with […] Read more

U.S. livestock: Cattle, hog futures tumble on demand worries

Corn values also weigh on feeder cattle, hogs

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle and hog futures tumbled on Thursday on worries about demand for beef and pork as soaring coronavirus infections across the country threatened more restaurant and food service closures and forced more Americans to shelter at home. Investors also fear a repeat of the livestock processing disruptions seen in the […] Read more

U.S. livestock: Cattle futures retreat as COVID surge stokes demand worries

CME lean hog futures end mixed

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures fell on Wednesday as rising coronavirus infection rates stoked concerns about potential supply-chain disruptions and reduced demand for beef as health restrictions shutter restaurants and discourage travel. U.S. stocks dove on Wednesday as investors weighed surging COVID-19 infections and mounting shutdowns against encouraging vaccine developments. An April plunge […] Read more


U.S. livestock: Cattle futures climb with cash market, beef prices

Lean hog futures up on short-covering

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures rose for a second straight session on Tuesday, lifted by higher cash beef prices and signs that cash cattle at feedlot auctions would trade at steady to higher prices this week. Consumer demand for beef has remained solid despite rising coronavirus infection rates that have triggered lockdowns […] Read more

FCC identifies export, market opportunities for Canadian food

The ag lender's latest report highlights canola oil, pork, potato products, crab meat

Reading Time: 4 minutes Canada is already a major exporter of agricultural goods, food and beverages — but increasing food and beverage exports is still one of Canada’s biggest trade opportunities, Farm Credit Canada (FCC) says. And by diversifying exports, farmers will become less dependent on current major markets, reducing their financial risk. “When borders close for any number […] Read more