Chicago cattle futures fell sharply on Friday after U.S. President Donald Trump said his administration was working to lower the cost of beef. “We are working on beef, and I think we have a deal on beef,” Trump told reporters at the White House on Thursday. “No specifics were released on any plan, though the market is taking a […] Read more
U.S. livestock: Cattle fall sharply as Trump says he’s working to lower beef costs
France bans cattle exports, bullfighting as lumpy skin virus spreads
France imposed a ban on cattle exports and events such as bullfighting, the agriculture ministry said on Friday as it tries to contain the highly contagious lumpy skin disease sweeping through farms in the country for the first time.
U.S. livestock: Live cattle hit contract highs on cash market strength
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed to fresh contract highs on Thursday as a firm cash market and stabilizing beef prices supported the market, analysts said. Feeder cattle were flat to higher, with nearby contracts consolidating after recent strong gains, although the market remains well supported by tight supplies. Beef […] Read more
Canada, Mexico look beyond U.S. as agri-food trade pact expands
Earlier this week Heath MacDonald, Canada’s Minister of Agriculture and Agri-Food and Mexico’s Secretary of Agriculture and Rural Development, Julio Berdegué, met to discuss bilateral relations and strengthen cooperation and trade ties between the two countries.
U.S. livestock: Cattle mixed on technicals, profit taking after tight supply rally
Chicago | Reuters – Chicago Mercantile Exchange cattle futures ended mixed on Wednesday as tight supplies and higher choice beef values supported the market before profit taking and technical selling clipped gains, analysts said. Live and feeder cattle futures both notched contract highs in the previous session following nearly two straight weeks of daily advances. […] Read more
Hot tips for cow-calf beef farmers
From cattle vaccination and stomach ulcers to headline-making diseases like bovine tuberculosis: Thoughts from a long-time western Canadian veterinarian
Reading Time: 5 minutes From cattle vaccination and stomach ulcers to headline-making diseases like bovine tuberculosis: Thoughts from a long-time western Canadian veterinarian
U.S. livestock: Cattle at fresh highs, hogs weaken
Cattle futures on the Chicago Mercantile Exchange climbed to fresh highs on Tuesday, as tight supplies and the ongoing closure of the U.S./Mexican border to cattle from Mexico kept values well supported. The December live cattle contract gained 1.750 cents per pound at 246.500 cents. Chart-based positioning contributed to the gains, according to participants, with […] Read more
Klassen: Cash feeder market divorces from futures market
For the week ending October 11, Western Canadian yearling markets traded $8/cwt higher to $5/cwt lower compared to seven days earlier. Calf prices experienced a week-over-week decline of $3-$8/cwt on average. Feather-light calves under 450 pounds were steady to $10 higher on average. The Canadian cash feeder market appeared to divorce from the feeder cattle […] Read more
U.S. livestock: Feeder cattle hit contract highs on tight supply
Chicago | Reuters – All Chicago Mercantile Exchange feeder cattle futures and most live cattle futures hit contract highs on Friday on tight supplies linked to the U.S. suspension of Mexican imports due to the spread of screwworm south of the border. Live cattle followed feeders higher, posting new contract highs in deferred contract months, […] Read more
Alberta has adequate feed supplies going into winter
Hay yields spotty in some areas, but overall feed situation is decent
Reading Time: 4 minutes Hay yields across Alberta were varied, but one expert says feed supplies are in strong supply for Alberta producers for the upcoming winter.
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