Chicago | Reuters — Extreme heat and humidity killed thousands of cattle in Kansas in recent days, the state said, and sizzling temperatures continue to threaten livestock. The deaths add pain to the U.S. cattle industry as producers have reduced herds due to drought and grappled with feed costs that climbed as Russia’s invasion of […] Read more
Heat, humidity kill at least 2,000 Kansas cattle, state says
U.S. livestock: CME live cattle bounce back on bargain buying
July hogs touch six-day high, end lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished higher on Tuesday in a rebound from recent losses, brokers said. However, concerns about the risk of beef demand falling due to U.S. inflation continued to hang over the market, analysts said. They warn rising prices may increasingly push consumers to eat cheaper food […] Read more
Ribbon Creek Ranch garners top award
Reading Time: < 1 minute Ribbon Creek Ranch is the 2022 winner of Alberta Beef Producers’ Environmental Stewardship Award, which shines a spotlight on producers “whose natural resource stewardship practices contribute to the environment and enhance productivity and profitability.” The mixed cow-calf and grain farm with a backgrounding operation is located near Linden, on land purchased by Jerry Baerg’s grandfather […] Read more
Klassen: Rains enhance demand for grass cattle
Deferred cattle futures showing strength
Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged; steer calves under 700 lbs. were steady to $2 higher on average; heifer calves were steady to $5 higher. Southern Alberta, along with the western half of Alberta, received 30-40 mm of rain over the week which enhanced demand for […] Read more
U.S. livestock: CME cattle tumble on worries of waning demand
Hogs up off recent lows
Chicago | Reuters — Concerns about red-hot U.S. inflation knocked down Chicago Mercantile Exchange live cattle and feeder cattle futures on Monday, as rising prices threaten beef demand, analysts said. Demand is most at risk for expensive steaks and other pricey cuts as some consumers shift to buying cheaper items, analysts said. U.S. consumer prices […] Read more
Cattle leaders in talks with province as drought enters second year
But government help may not be enough to stave off major cull this year
Reading Time: 4 minutes Beef producers may need to further reduce their herds and seek government aid for a second year in a row if drought conditions persist, says Alberta Beef Producers. The organization is already talking to the province about potential assistance, said vice-chair Jason Hale, a cow-calf producer in the Bassano area. “It’s tough, because we don’t […] Read more
U.S. livestock: Cattle futures down in turnaround from rallies
July lean hogs close higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Friday on profit-taking, a session after prices reached multi-week highs, brokers said. The market was due to pull back after climbing six per cent since dropping on May 31 to their lowest price since October, brokers said. Strong demand from packers for a […] Read more
U.S. livestock: Cattle futures consolidate near peaks
Chicago hog futures fall
Chicago | Reuters — CME Group cattle futures stabilized near recent highs on Thursday, with strong cash markets and a round of speculative buying underpinning prices. Hog futures fell as the soybean futures market rallied to its highest in nearly 10 years, raising the prospect of higher feed costs. The U.S. Agriculture Department said on […] Read more
Don’t count pipelines out as a source for your livestock watering system
Underground pipe may be more economical than you think — especially with federal funding
Reading Time: 4 minutes You can place them wherever you want on your pasture, set up watering stations as you like, and keep your cows out of streams and dugouts. But underground pipe is also costly compared to some other watering options — at least on first analysis. But sometimes a pipeline may be a less costly option, say […] Read more
U.S. livestock: Cattle futures rally on concerns about supplies
July lean hogs turn lower
Chicago | Reuters — Chicago Mercantile Exchange cattle futures rallied on Wednesday, supported by technical buying and signs of tightening supplies in the cash market, traders said. On a continuous basis, the front-month fed cattle contract hit its highest since November 2015. Live cattle hit a six-week high. Hog futures ended weaker, giving up early […] Read more
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