Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) climbed for a fourth straight session on Monday, with front-month contract hitting a fresh 4-1/2-year high on strong demand. Lean hog futures also firmed, supported by good demand. Lighter-than-normal trading volumes aided livestock futures’ advance on Monday, with little selling pressure ahead […] Read more
U.S. livestock: Live cattle notch 4-1/2-year high
Lean hogs gain on good demand
U.S. livestock: Cattle futures up for third straight day
December, February hogs lower
Chicago | Reuters — CME Group cattle futures rose for a third day in a row on Friday, with the front-month live cattle contract hitting a fresh 4-1/2-year high on strong cash markets and rising slaughter numbers. Hog futures were weaker on technical selling. CME’s most-active February live cattle contract gained 0.45 cent to 137.7 […] Read more
Alberta Beef Producers sets dates for producer meetings
The first meeting of six meetings is scheduled for Jan. 24
Reading Time: < 1 minute Alberta Beef Producers has set tentative dates for its upcoming producer meetings. The Central meeting is slated for Jan. 24 in Stony Plain; Northwest on Jan. 26 in Fairview; Northeast on Jan. 27 in Vermilion; Southeast on Feb. 8 in Brooks; and Southwest on Feb. 9 in High River. There will also be a virtual […] Read more
Alberta looks for feed, Ottawa promises cash for B.C.
Alberta to help with veterinary testing after B.C.'s lab flooded, Alberta ag minister says
Even though supplies are low because of drought, Alberta is looking for feed to send to B.C. livestock producers, while Ottawa will provide emergency financial assistance to farmers dealing with flooding and closed roads in the hard-hit province. “We’ve been working with the B.C. department of agriculture,” Alberta Agriculture Minister Nate Horner said during a […] Read more
U.S. livestock: Cash, export markets lift CME live cattle
December hogs lower, February up
Chicago | Reuters — CME Group cattle futures rose on Thursday, with the front-month live cattle contract hitting its highest since June 2017 on support from strength in the cash markets. Rising overseas demand also lent support cattle futures after the U.S. Agriculture Department said that weekly beef export sales totaled 30,000 tonnes, the most […] Read more
U.S. livestock: CME lean hogs fall, live cattle firm
Chicago | Reuters — CME lean hog futures fell on Wednesday, hit by profit-taking after rallying in the previous session, traders said. Live cattle futures were firm but gains were kept in check as the market consolidated near the 4-1/2-year highs hit earlier in the week. CME December lean hogs fell 1.55 cents to 76.175 […] Read more
U.S. livestock: CME lean hogs up, cattle weak
Chicago | Reuters — CME Group lean hog futures rallied on Tuesday, supported by fund buying and expectations that supplies will begin to tighten in the coming weeks, traders said. Live cattle futures eased slightly for the second day in a row as the market waited for fresh bullish inputs before driving prices above the […] Read more
Klassen: Feeder market continues downward slide
Prairies' snowstorm leads to risk discount
Compared to last week, western Canadian yearling prices were steady to $2 lower; calves traded $2-$4 below week-ago levels. Saskatchewan and Manitoba experienced their first major snowstorm of the season last week. The market tends to incorporate a risk discount for adverse weather as buyers factor in higher death loss. Also, major feedlot operators believe […] Read more
U.S. livestock: CME cattle firm, cash cattle supportive
Heavier slaughters weigh on hog futures
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Monday, supported by tighter supplies of market-ready cattle that propped up cash prices last week, traders said. “In theory, the feedlots have a little more leverage, because there’s fewer cattle available for the packer to buy,” said Alan Brugler, president of Brugler Marketing. […] Read more
Livestock insurance just ‘doesn’t work’
Fewer than half of producers sign up for insurance because of pricey premium costs and lack of responsiveness
Reading Time: 5 minutes Battered by volatile markets and disastrous weather over the past year, cattle producers in Alberta say they need much better livestock insurance programs. “To tell you the truth, we opted out of them a few years ago because they didn’t work for us,” said Alberta Beef Producers chair Melanie Wowk, who farms near Beauvallon. “The […] Read more
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