Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to multi-year highs on Monday but closed lower as profit-taking and technical selling clipped gains, traders said. The spread of a new coronavirus variant sparked demand worries as livestock traders feared renewed restrictions on travel and restaurant occupancy. But strong beef packer margins and […] Read more
U.S. livestock: Cattle post new highs, retreat on profit-taking
Chicago lean hogs close mixed
U.S. livestock: CME live cattle futures set new contract highs
February hogs drop to two-week low
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set new highs on Friday and finished stronger on technical buying and firm cash prices, traders said. The front-month December contract and most-active February 2022 contract avoided losses seen in commodities such as crude oil and soybeans that were unnerved by the discovery of a […] Read more
Cargill serves lockout notice on High River workers
Company 'willing to keep meeting' after offer rejected
Updated — Whether in a strike or a lockout, workers at one of Canada’s biggest beef slaughter plants took another step toward the picket line this week by voting to reject the company’s latest contract offer. A vote conducted Tuesday and Wednesday by the United Food and Commercial Workers (UFCW) Local 401 went to the […] Read more
Beef sector launches pair of new consumer outreach efforts
Economic contribution of beef sector highlighted and beef advocacy training revamped
Reading Time: < 1 minute Highlighting how the cattle sector beefs up the economy and training those in the sector to talk persuasively about key issues are the latest efforts to win the hearts and minds of consumers. A new infographic from the Beef Cattle Research Council aims to show at a glance that the cattle sector is a big […] Read more
The cattle sector benefits enormously from a wide array of vaccines
There is a large number of vaccines for cattle — here’s a primer on key ones and their use
Reading Time: 3 minutes Healthy cattle production relies on good vaccination strategies. The general public is now hearing about efficacy of COVID-19 vaccines, two doses of vaccine, storage and the logistics of transport. We are now hearing about supply issues. With a single-dose vaccine of 66 per cent efficacy, is that worse or better that needing two doses to […] Read more
U.S. livestock: Live cattle hit fresh high
Higher cash values, beef demand support futures
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose for a sixth consecutive session on Wednesday, and the front-month contract touched its highest point in four-and-a-half years, on higher cash market prices and strong beef demand. Most contracts posted life-of-contract highs, extending a multi-session rally, amid rising beef imports by China and […] Read more
Klassen: Fed cattle prices down on the week
Compared to last week, Western Canadian feeder cattle prices were down $4 to $6 on average. Sub quality feeders traded as much as $8 below week ago levels. The market was hard to define with wide price ranges on similar weight feeders within a short distance. Southern Alberta is contending with adverse pen conditions as […] Read more
U.S. livestock: Live cattle notch 4-1/2 year high
Lean hogs gain on good demand
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose for a fifth consecutive session on Tuesday and the front-month contract reached its highest in 4-1/2-years on a firm cash market and good beef demand. Cattle prices have been trending higher amid rising imports by China and improved domestic demand as more consumers […] Read more
PHOTOS: Bathed in Gold, and Keep Left, Girls
Reading Time: < 1 minute This pair of photos from our Nov. 15 issue of the Alberta Farmer offer a small glimpse into the life of cattle producers in our province. The Livingstone Range makes for a spectacular backdrop for cattle grazing at Elkhorn Stock Ranch in the Willow Valley last month. (see photo at top) Some say Alberta was […] Read more
Cattle producers may be putting the pedal to the metal with new ear tags
Lost ear tags are a perennial complaint but now a metal version made in the U.K. is available
Reading Time: 2 minutes Lost ear tags are a perennial source of frustration for cattle producers but the agency that approves and sells tags is now selling one it says is more durable. “Yes, you’ve heard right. Metal. RFID. Approved,” Canadian Cattle Identification Agency tweeted last month when announcing it would be selling “the first of its kind” tag. […] Read more
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