Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped to their highest price since April on Thursday on U.S. supply concerns and strength in outside markets, brokers said. Live cattle reached a two-week high in the most-active contract, while feeder cattle futures slumped under pressure from soaring costs for grain used for livestock […] Read more
U.S. livestock: CME lean hogs touch highest level since April
Live cattle up, feeder cattle lower
National cattle producer group rebrands
Former Canadian Cattlemen's Association renamed
Canada’s national beef cattle producer body is rebranding under a slightly shorter new name that serves in part to clear away any potential whiff of a guys-only club. The organization formerly known as the Canadian Cattlemen’s Association on Thursday launched what it describes as a “a new brand identity, highlighting the strong and diverse group […] Read more
U.S. livestock: CME cattle, hogs advance in turnaround from losses
Live hog futures in China drop sharply
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures closed stronger on Wednesday as the livestock markets recovered from losses in the previous session that were linked to fears of a global economic recession, traders said. Wall Street also finished higher, after broad declines in equities and commodities on Tuesday spilled over into […] Read more
U.S. livestock: CME live cattle fall on global recession worries
Lean hogs buck downward trend
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, following broad declines in commodities and Wall Street equities tied to fears of a global economic recession, traders said. “It’s the economy. You’ve got the fears of going into a recession,” said Don Roose, president of Iowa-based U.S. Commodities. “So goes the […] Read more
Klassen: Feeder cattle trade at 52-week highs
New-crop feed grain values under pressure
Compared to last week, western Canadian yearlings traded steady to $2 higher with exceptional demand noted on steers over 700 pounds. Calf values were mixed in Alberta with markets trading $2-$4 on either side of unchanged; however, prices were steady to $4 higher in Saskatchewan and Manitoba. Small groups of various quality characterized the feeder […] Read more
U.S. livestock: Live cattle futures ease ahead of U.S. holiday weekend
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased on Wednesday, as packers prep for a short processing week after the Fourth of July holiday in the United States, traders said. Packers’ purchases are expected to slow by the end of the week, to avoid having pens full of animals waiting over the […] Read more
Feed weekly outlook: Decline in feed grain prices anticipated
MarketsFarm – Much-needed rains falling onto most parts of Alberta have created ideal growing conditions for feed grains in the province, which has already created a slight decline in prices. “Southern Alberta has been very, very dry, but we’ve had anywhere from four to six inches of rain over the last three weeks,” said Mike […] Read more
Vacancies put vet clinics in ‘near crisis’ situation
More funding, more vet and vet technologist training won’t fix problem overnight, warns the AVMA
Reading Time: 3 minutes There’s a major shortage of veterinary professionals in Alberta causing long wait times for routine livestock medical procedures. There are more than 840 veterinarian and veterinary technologist vacancies in Alberta — a “near-crisis” situation that poses a risk in terms of animal welfare, livestock production and public health, the Alberta Veterinary Medical Association said in […] Read more
Keep an eye out for drought-caused nutrient deficiency in your cattle
Nutrient deficiencies have ripple effects, including slower gain and lower pregnancy rates
Reading Time: 4 minutes Feeding cattle through last year’s drought was tough enough — but for some producers, its impact on the health of their cattle isn’t over. “The biggest challenge for producers through the drought was finding good-quality feed for a feasible price. A lot of low-quality fibre like straw was fed,” said Courtney O’Keefe, ruminant nutritionist at […] Read more
Klassen: Feeder cattle trend higher, favourable beef outlook
Compared to last week, Western Canadian yearlings traded $8 to as much as $12 higher; mid-weight feeders in the range of 700-800 pounds were also $8-10 higher. Calves under 700 pounds were unchanged to $6 higher. The feeder market took a fortuitous bounce last week. Major feedlots were extremely aggressive on yearlings while supplies were […] Read more
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