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Tag Archives Beef


CME October 2023 live cattle with 20- and 50-day moving averages and August 2023 live cattle (black line). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle firm, hogs mixed

Cattle supply outlook overrides demand concerns

By Mark Weinraub August 10, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Thursday, buoyed by a round of technical support as the market remained near last week’s highs. Feeder cattle […] Read more

CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Cattle up on U.S. supply worries

CME lean hog futures sag

By Tom Polansek August 9, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Wednesday as tight U.S. supplies continued to support the market, analysts said. Feeder cattle futures also advanced, while […] Read more

CME October 2023 live cattle with 20-, 30- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle steady to weak

Hogs mixed with demand in focus

By Mark Weinraub August 8, 2023
Chicago | Reuters — Chicago Mercantile Exchange cattle futures were steady to weak, while hog futures were mixed on Tuesday, with the market pressured by demand concerns as the end […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME cattle firm on steady-higher cash

Lean hog futures regained after softening on Thursday

By Christopher Walljasper August 4, 2023
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Friday, supported by underlying strength in the cash markets and tighter cattle slaughter, analysts said. August live cattle […] Read more

(Geralyn Wichers photo)
Livestock, Markets

U.S. livestock: CME live cattle ease despite cash market support

Despite losses, supportive fundamentals remain for live cattle

By Christopher Walljasper August 2, 2023
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased on Wednesday, pressured by macroeconomic weight as a downgrade that stripped the U.S. of its top credit rating rippled […] Read more


File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Livestock, Markets

U.S. livestock: CME live cattle firms on strong cash market

Lean hog futures eased after reaching fresh four-month highs

By Christopher Walljasper August 1, 2023
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures gained on Tuesday, helped by strong cash prices and technical support, analysts said. “Cash market is still hanging in there […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: U.S. feeder markets lead Canadian prices higher

Dry conditions in Saskatchewan and parts of Alberta are moving yearlings off grass sooner than expected

By Jerry Klassen August 1, 2023
Compared to last week, Western Canadian yearling markets once again jumped $3-$5/cwt on average. Higher quality 900-pound steers are reaching up to the range of $310-$315/cwt. Comments from readers suggest […] Read more

Photo: ARS/USDA
Livestock, Markets

U.S. livestock: CME lean hog futures climb on strong demand

SubtitleCattle futures were pressured by softer cash prices and uncertain consumer demand

By Christopher Walljasper July 31, 2023
Chicago | Reuters – Chicago Mercantile Exchange hog futures climbed to nearly four-month highs on Monday, supported by strong demand. “Cash trade got off to a good start. There’s margin […] Read more


(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets

U.S. livestock: CME lean hog futures reach one-week high

For beef processors, margins are worsening

By Tom Polansek July 28, 2023
Chicago | Reuters – Chicago Mercantile Exchange livestock futures rose on Friday, with the hog market reaching its highest price in a week as profit margins improved for pork processors. […] Read more

(File photo)
Livestock, Markets

U.S. livestock: live cattle futures end mixed; feeders pressured as corn soars

Persistent poor pasture conditions pushing producers to place more cattle in feedlots: analysts

By Julie Ingwersen July 25, 2023
Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange Group closed mixed on Monday, with nearby contracts pressured by surging feed grain prices and bearish data in Friday’s […] Read more

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