Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest prices in about three weeks on Wednesday amid pressure from plentiful supplies, analysts said. Live cattle and feeder cattle futures also finished lower at CME. Hog supplies tend to increase in the autumn, pushing more pork on the market and weighing […] Read more
U.S. livestock: CME hogs near three-week low amid ample supply
Chicago cattle futures also lower
U.S. livestock: CME live cattle down on raised beef production forecasts
Pork supply expectations drag on CME December hogs
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Tuesday, after the U.S. Department of Agriculture slightly increased its forecasts for beef production this year and next year. USDA, in a monthly report, raised its 2021 estimate by 0.3 per cent from September because of higher cow slaughtering and heavier average […] Read more
Records sought for economic impact of assisted calving
Reading Time: < 1 minute Cows that have an assisted calving can have a higher risk of postpartum injuries, pain, decreased milk production, and infertility. To estimate the economic impact, U of Calgary’s faculty of veterinary medicine is seeking historical records (2015-20), specifically calving records, treatment, mortality and sales records, and the reproductive performance. That data will be analyzed and […] Read more
Klassen: Demand for feeder cattle eases
Compared to last week, western Canadian yearling prices were down $3-$5; calves traded $2-$6 below week-ago levels. The market has come under pressure for three main reasons. Cattle on feed inventories in Alberta and Saskatchewan are 36 per cent above the five-year average. Many feedlots are comfortable with ownership levels. The drought caused about 150,000 […] Read more
U.S. livestock: CME cattle futures mixed
Hogs slip on technical trading
Chicago | Reuters — Chicago Mercantile Exchange cattle futures ended mixed on Monday, as cattle prices began to see a seasonal bounce and cash cattle traders were expected to firm slightly this week, traders said. CME lean hog futures, meanwhile, slipped on technical trading and some signs of profit-taking, traders said. On Monday, October lean […] Read more
U.S. livestock: Profit-taking knocks feeder cattle off high
CME lean hogs seen consolidating
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures ended lower on Friday as profit-taking pressured the market after prices set a one-month high, traders said. The setback came after the most-active November contract had rallied more than six per cent from a four-month low set on Sept. 30. The contract ended down 0.45 […] Read more
U.S. livestock: CME cattle rally continues on steady cash market, technical buying
Chicago hogs also find support
Chicago | Reuters — Technical buying and a steady cash market helped fuel Chicago Mercantile Exchange live and feeder cattle futures on Thursday, sending prices to multi-week highs and stretching the rally into a fourth trading session, traders said. Most-active November feeder cattle touched its highest price since Sept. 9 and ended up 3.475 cents […] Read more
Finding treasure by taking a deep dive into cow-calf production data
Cost of Production Network opens a window on how producers like you spend and make money
Reading Time: 3 minutes An effort to create apples-to-apples benchmarking for cattle producers has released its results from 2020 — and has also issued an appeal for more producers to join the Canadian Cow-Calf Cost of Production Network. “The purpose of the network is to produce benchmarks for different production systems found across Canada,” a newly released Canfax video […] Read more
Beef webinar season starting up soon
Reading Time: < 1 minute Backgrounding basics and crafting a grazing game plan are two of the topics in this winter’s season of webinars from the Beef Cattle Research Council. The first webinar on backgrounding (Nov. 17) features two vets and a livestock nutritionist. It will be followed by ones on collecting data during calving season (on Jan. 12), developing […] Read more
U.S. livestock: Technical buying, solid beef demand boost CME cattle
Chicago lean hogs continue lower
Chicago | Reuters — Technical buying and solid demand for U.S. beef lifted Chicago Mercantile Exchange live and feeder cattle futures on Wednesday, traders said. The cattle markets continue to rebound from recent losses that were technically overdone, analysts said. Front-month CME October live cattle futures reached its highest price since Sept. 16 at 124 […] Read more
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