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Tag Archives Cattle — page 35

CME August 2023 live cattle with 10-, 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures rise, hogs fall

Feeder cattle back in Bollinger range

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures firmed on Thursday, rebounding from a sharp decline a day earlier on support from weakness in the corn market. Live cattle futures also closed higher but hog contracts weakened, extending a sell-off that started on Wednesday as traders said the market remained technically overbought. Analysts […] Read more
CME August 2023 feeder cattle with Bollinger bands (20,2; right scale) and CBOT September 2023 corn (orange line, left scale). (Barchart)
Livestock, Markets

U.S. livestock: Feeder cattle down as corn extends rally

Hogs end lower off early gains

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures eased on Wednesday, with surging corn prices expected to boost feeding costs in the coming weeks, traders said. But live cattle contracts were close to unchanged. Hog futures fell from a nine-month high on a round of profit-taking, with the most-active August contract snapping a […] Read more
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Livestock, Markets

U.S. livestock: Hogs rally to nine-month high; cattle ease

Cattle futures weaker on seasonal slowdown and profit-taking round

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Chicago | Reuters — Chicago Mercantile Exchange hog futures rose to a nine-month high as a recent slowdown in the pace of slaughter limited the amount of retail supplies. Cattle futures were weaker on an expected seasonal slowdown and a round of profit-taking, traders said. CME July hogs jumped three cents to 95.85 cents per […] Read more
CME August 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle up as beef prices climb

Chicago lean hogs close mixed

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Friday ahead of a long U.S. holiday weekend, supported by strong beef prices and profitable margins for beef packers, traders said. CME’s benchmark August live cattle contract settled up 0.65 cent at 171.725 cents/lb. (all figures US$). The U.S. Department of […] Read more
Animal Health Canada hopes to reach more Canadians with updated transport training
News

Animal Health Canada hopes to reach more Canadians with updated transport training

New certification training more digitally accessible, says organization

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Animal Health Canada has announced updates to its Canadian Livestock Training certification program for livestock transporters. In a May 29 news release, the organization said it has revamped core training materials to make the training program more engaging and user-friendly, with access to digital platforms and more Canadian context. Why it matters: The updated training […] Read more
CME August 2023 live cattle with 10-, 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle fall on technical selling

Wholesale pork prices lift hogs

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange fell on Wednesday on chart-based selling and expectations of a seasonal slowdown in beef demand in the coming weeks, traders said. CME benchmark August live cattle futures settled down 2.95 cents at 170.975 cents/lb., with technical selling accelerating as the contract dropped below […] Read more
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle end up as beef prices rise

Chicago lean hog futures end mixed

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday, rallying from early declines, as strong beef prices and tight cattle supplies buoyed futures, traders said. CME August live cattle futures settled up 0.725 cent at 173.925 cents/lb. (all figures US$). August feeder cattle finished up 1.4 cents at […] Read more
CME August 2023 lean hogs with 20-day moving average and CME cash lean hog index (brown line). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs extend climb on bargain-buying

Cash prices support cattle futures

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Chicago | Reuters — Benchmark lean hog futures on the Chicago Mercantile Exchange set a one-month high on Monday on short-covering and bargain-buying as the July contract extended its rebound from life-of-contract lows set in late May, traders said. CME July lean hogs settled up 1.975 cents at 91.6 cents/lb. after reaching 93.125 cents, the […] Read more
CME July 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs touch one-month high

August live cattle lower, feeders up

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures hit their highest level in more than a month on Friday following gains in cash prices. Recent advances in futures have built some upward momentum into the market, brokers said, though the sector continues to grapple with an excess of hogs and lacklustre demand for […] Read more

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