Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures dropped on Wednesday as traders reduced risk amid steep losses in the stock market, analysts said. Lean hog futures strengthened at the CME. Cattle futures are more sensitive than hogs to falling stock prices, said Dan Norcini, an independent livestock trader. Wall […] Read more
U.S. livestock: CME cattle fall with equities
Concerns remain over U.S. consumer demand
Klassen: Feeder market develops two-tier price structure
Compared to last week, western Canadian yearlings markets traded $2-$4 higher on average; feeder cattle in the 600- to 800-pound weight category were up $3 to as much as $6 while calves under 600 lbs. traded $4-$8 higher. The Canadian dollar strengthened on Friday but the softer tone from Monday through Thursday contributed to the […] Read more
U.S. livestock: CME lean hogs extend recovery from recent slide
Live cattle, feeder cattle lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose for a third consecutive session on Tuesday as the market continued to recover from oversold conditions, traders said. Live cattle and feeder cattle futures ended lower. Short-covering helped propel hog futures higher following recent declines, said Matt Wiegand, commodity broker for FuturesOne. The market […] Read more
Skimping on livestock care can be costly
Reading Time: < 1 minute Livestock producers are being urged to “think twice” before cutting back on health measures. While “there is pressure this spring to reduce input costs wherever possible,” short-term savings can backfire in the longer term, says a new blog from the Beef Cattle Research Council. “Skimping on your vaccination or vitamin and mineral programs may save […] Read more
U.S. livestock: CME live cattle futures bounce from losses
Chicago lean hogs also rebound; August feeder cattle lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Monday in a rebound from recent losses, while feeder cattle futures stumbled under pressure from rising costs for grains used for livestock feed. Live cattle were technically oversold and due for a bounce, brokers said. Futures were also due to rally because […] Read more
Young and passionate: Why these ranchers are taking a seat at the table
It’s about focusing on things that matter now in order to build a better future, say these young leaders
Reading Time: 7 minutes Young producers are coming to the Alberta Beef Producers’ table — and they’re bringing their ideas and passions with them. Kaylee Chizawsky is one of them. The fourth-generation cattle farmer is one of a number of younger people serving as a delegate or board member for the five-decade-old organization. It’s important that her generation “advocate […] Read more
U.S. livestock: CME lean hogs bounce after recent losses
June live cattle, August feeder cattle up
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded on Friday after dropping a day earlier to their lowest prices since January. The market was due for a bounce following a recent slide that was driven by concerns about weakening U.S. demand and technical selling, analysts said. The most-active June hogs contract ended […] Read more
U.S. livestock: CME cattle, hogs weaken amid demand concerns
Chicago | Reuters — Chicago Mercantile Exchange livestock futures fell on Thursday, as high meat prices are threatening U.S. demand, analysts said. Concerns that inflation could remain elevated for longer than anticipated weighed on the markets because higher prices could reduce meat sales, analysts said. Traders also watched a rise in prices for grain used […] Read more
More funds put up to boost Calgary vet school enrolment
Funding added for more staff, materials on top of infrastructure money
The University of Calgary’s faculty of veterinary medicine, fresh off a major capital funding boost in February’s provincial budget, now gets another $8.4 million over three years to help expand enrolment. “This targeted enrolment funding will go towards hiring on more faculty/staff to teach the increased number of students,” Sam Blackett, press secretary for Advanced […] Read more
U.S. livestock: CME lean hogs drop to January lows on demand worries
Live cattle up, feeder cattle down
Chicago | Reuters — CME lean hog futures on Wednesday fell to their lowest prices since January amid concerns about demand for U.S. pork, analysts said. Inflation and a decline in U.S. pork exports to China, the world’s top pork consumer, are hurting demand, analysts said. The consumer price index rose 8.3 per cent in […] Read more
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