Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures fell sharply on Wednesday, as Russia’s invasion of Ukraine continued to fuel worries about the health of global and domestic economies, traders said. The livestock market also followed a slump in grain and oilseed futures, which continued to be rattled by global […] Read more
U.S. livestock: CME futures slide on U.S., global economic fears
Inflation 'starting to spook' consumers
Klassen: Surge in feed grain prices shocks feeder cattle market
Compared to last week, western Canadian yearling markets traded $3-$5 lower on average. Feeder cattle weighing 650 to 800 lbs. were relatively unchanged to $3 lower. Calves under 650 lbs. were steady to $4-$6 lower in Alberta, unchanged in Saskatchewan and $3-$5 higher in Manitoba. Fleshier yearlings and calves were heavily discounted last week with […] Read more
U.S. livestock: CME cattle firm, hogs rebound
Hogs up off lowest since Feb. 4
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on a round of technical buying on Tuesday after snapping an eight-session losing streak on Monday, traders said. Hog futures rallied on a bargain-buying bounce after sinking to their lowest in more than a month and feeder cattle futures also were firm. CME April […] Read more
Expansion of Alberta’s vet college hailed as ‘bold investment’
Pledge to give U of Calgary $59 million for expansion is a major ag item in provincial budget
Reading Time: 2 minutes The province is giving more money to train large-animal vets, standing pat on its funding of ag research, and apparently making big gains in cutting red tape. The most eye-catching ag-related item in the Alberta government’s Feb. 24 budget was the pledge of $59 million over three years for “infrastructure to expand the veterinary medicine school […] Read more
U.S. livestock: CME cattle bounce from multi-month lows
Chicago lean hogs extend declines
Chicago | Reuters — Chicago Mercantile Exchange cattle futures rebounded from multi-month lows on Monday, while hog futures eased on follow-through selling after notching a limit-down decline on Friday. Live cattle futures snapped an eight-session losing streak that saw the April contract shed seven per cent of its value and drove prices to their lowest […] Read more
U.S. livestock: CME cattle hit multi-month lows
Hogs drop by daily limit
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped to a six-month low and feeder cattle hit a nine-month low on Friday, while lean hog futures sank by the daily exchange-imposed trading limit. Follow-through selling pushed down cattle contracts after a string of losses in the markets, brokers said. Recent weakness in wholesale […] Read more
U.S. livestock: CME live cattle, feeder cattle sag to four-month lows
Chicago | Reuters — Chicago Mercantile Exchange livestock futures slumped on Thursday, with live cattle and feeder cattle setting four-month lows. The cattle markets came under continued pressure from weakness in equities, which lost ground as the Ukraine crisis kept investors on edge, traders said. In grain markets, soaring costs for corn and wheat threaten […] Read more
Videos are an easy way to add to your skill set on the farm
Having an expert show how to investigate or fix a problem is a great way to learn
Reading Time: 3 minutes We can always pick up ways to improve our cattle operations. One method is to ask lots of questions of the right people. Another is reading and investigating specific topics. And an increasingly popular way is to watch instructive videos. The issue here is making sure the source is ethical, reliable and not sensationalized. A […] Read more
OPEN TO CHANGE: Trying something new isn’t easy — but it can pay off
Two producers share their experience of heading in a brand new direction and how it played out
Reading Time: 4 minutes Have you ever acted on the recommendations of experts? Many will agree expert advice is great — however, to follow through with it often costs money and time. But Charlie Christie and Terri Mappin are two producers who listened, decided to give it a go and are glad they did. At wit’s end A very […] Read more
U.S. livestock: CME feeder cattle firm, live cattle ease as grain markets roiled
Hog futures up on supply concerns
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures rose on Wednesday, and live cattle futures prices slipped for another session, as Russia’s invasion of Ukraine continued to send agricultural commodity markets into a tailspin, traders said. But a whipsaw in prices for grains used for livestock feed weighed on the day’s livestock complex, […] Read more