Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Tuesday, supported by good export prospects and strength in the cash market, traders said. Hog futures firmed on a technical bounce. U.S. beef processors on Tuesday slaughtered an estimated 126,000 cattle, up from 121,000 a year ago, the U.S. Department of Agriculture said. Hog […] Read more
U.S. livestock: Cattle, hog futures rise
Cattlemen’s Young Leaders semi-finalists announced
Reading Time: < 1 minute Eleven Albertans are among the 24 semi-finalists for the latest edition of the Cattlemen’s Young Leaders. The program run by the Canadian Cattlemen’s Association pairs young people aged 18 to 35 with mentors in the cattle and beef sector who can help them develop their leadership skills and achieve their career goals. The Alberta semi-finalists […] Read more
Klassen: Negative feeding margins temper strength in feeder market
Compared to last week, western Canadian yearlings weighing over 800 lbs. traded steady to $2 lower on average. Feeder cattle under 800 lbs. were relatively unchanged. Alberta packers were buying fed cattle on a dressed basis at an average price of $288 delivered, down from the range of $288-$290 seven days earlier. Using a 60 […] Read more
U.S. livestock: Cattle, hog futures fall as corn prices rise
Supply outlook also a concern
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday, pressured by ample supplies and concerns about feed costs due to high corn prices, traders said. Hog futures were also weak. U.S. beef processors on Monday slaughtered an estimated 125,000 cattle, up from 117,000 a year ago, the U.S. Department of Agriculture […] Read more
U.S. livestock: CME live cattle, feeder cattle touch three-week highs
July lean hogs close lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped a three-week high in the most-active contract on Friday before ending lower amid pre-weekend profit-taking, analysts said. Feeder cattle futures also exceeded a three-week high, while lean hog futures came under pressure at the CME. Strong demand for cattle from meatpackers and a decline […] Read more
U.S. livestock: CME live cattle firm on strong demand
Lean hogs mixed near unchanged
Chicago | Reuters — Chicago Mercantile Exchange Group live cattle futures firmed on Thursday, supported by steady cash prices across the U.S. Plains, as well as strength in consumer beef demand, despite inflationary forces, analysts said. “The feeling two, three weeks ago was that beef demand wasn’t that good and was going to really start […] Read more
Weaning calves early isn’t normal but is an option in a time of drought
There's some clear benefits for the herd, but what do you do with the calves?
Reading Time: 3 minutes When feed is tight and times are tough, early calf weaning is an option — albeit an unusual one, says one of the country’s leading cattle experts. “Early weaning is talked about a lot, but not many people do it,” said Dr. John Campbell, a professor of large-animal clinical sciences at the Western College of Veterinary Medicine and an […] Read more
Alberta’s checkoff woes now poised to hit national organization
Alberta Beef Producers says it’s cut its budget all it can, and may have to reduce funding for the CCA
Reading Time: 3 minutes With checkoff refunds totalling about $30 million over the last dozen years, Alberta Beef Producers says it may have no choice but to cut support for the Canadian Cattlemen’s Association — possibly by as much as $1 million annually. The Alberta cattle group is refunding about $3 million in checkoffs every year — the vast […] Read more
U.S. livestock: CME hogs firm on summer demand, tight supplies
Lower corn futures support feeder cattle
Chicago | Reuters — Chicago Mercantile Exchange Group lean hog futures firmed on Wednesday, supported by strong demand that has pushed cash prices higher. “We’re still looking at tighter supplies in front of us,” said Rich Nelson, chief strategist at Allendale Inc. Pork demand firms during the summer, with U.S. grilling holidays such as Father’s […] Read more
U.S. livestock: Hog, cattle futures fall despite strong demand
Markets see 'a risk-off day'
Chicago | Reuters — Chicago Mercantile Exchange Group lean hog futures fell on Tuesday, amid outside pressure from agricultural markets, despite strength from strong slaughter and cash hog prices. “We just had a risk-off day,” said Matthew Wiegand, Risk Management Consultant at FuturesOne. “Cash trade kicked up and is trading above the board.” The CME’s […] Read more
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