Compared to last week, Alberta feeder cattle markets were relatively unchanged while Manitoba and Saskatchewan prices were down $2 to as much as $5 in some cases. Alberta packers were buying fed cattle on a dressed basis in the range of $248-$250, up $4-$5 from last week. Strength in the fed cattle market spilt over […] Read more
Klassen: Feeder cattle market in price-discovery phase
U.S. livestock: Hog, cattle futures rise on bargain buying
Chicago | Reuters — CME live cattle futures rose on Friday on some bargain buying but still posted their first weekly loss in five weeks, traders said. Bargain buying also supported hog futures, which had posted lower closes in seven of the previous eight sessions. Signs of weakness in the cash markets kept a lid […] Read more
EU farmers could get cash to curb emissions from belching livestock
Brussels | Reuters — Farmers should get European Union funding to reduce methane emissions from livestock or increase organic farmland, the European Commission said on Thursday, under plans to make agriculture greener. The EU is nearing the end of a two-year battle to overhaul its massive farming subsidies scheme, to attempt to align the agriculture […] Read more
U.S. livestock: Cattle, hog futures fall as corn rises
U.S. beef, pork export sales both up on week
Chicago | Reuters — CME feeder cattle futures fell on Thursday, retreating back toward a three-month low on prospects for increased input costs for livestock operators due to surging corn prices. “It is the rising feed costs,” said Alan Brugler, president of Brugler Marketing + Management. “With the corn being up another 10 cents today, […] Read more
U.S. livestock: Hog, live cattle futures mixed on feed cost concerns
Bargain buying lifts March feeders
Chicago | Reuters — Nearby U.S. hog and live cattle futures weakened on Wednesday, weighed down by prospects for rising feed costs due to higher prices for corn, soybeans and wheat. But the livestock futures market was strong for many deferred contracts as traders expressed concerns about supplies tightening by the end of the year. […] Read more
U.S. livestock: Lean hog futures rise as corn surge seen squeezing supply
Cash prices pressure nearby live cattle futures
Chicago | Reuters — U.S. lean hog futures firmed Tuesday on higher cash hog prices and improving pork packer margins and as soaring feed costs stoked concerns about tighter hog supplies. Corn futures prices surged more than five per cent on Tuesday after the U.S. Department of Agriculture (USDA) slashed its 2020 harvest estimate, with […] Read more
Cattle slaughter numbers down on the year
Reading Time: < 1 minute Since early April, cow slaughter in Western Canada has been below levels of 2019 and the five-year average, says a provincial livestock market analyst. As of early December, slaughter was down by more than 280,000 head — which is 25 per cent below 2019 levels and 13 per cent lower than the five-year average, said […] Read more
The right time for calving depends on your farm — and you
While many producers are calving earlier, some have gone the other way
Reading Time: 4 minutes Calving season looks different on every operation — there is no one right method or time of year to calve a cow herd. While more producers in Western Canada have moved to later calving, some have gone the other way. Here are the experiences of three ranching families. Late summer/fall calving Taralea Simpson has been […] Read more
Klassen: Higher feed grain prices continue to pressure feeders
Compared to mid-December, western Canadian yearlings traded $3-$5 lower; mid-weight calves are down $4-$6 while calves under 550 lbs. remained firm. Buyers exhibited a defensive tone on heavier yearlings and discounts were more severe on fleshier cattle last week. There is absolutely no risk appetite for 850-plus-lb. cattle at this time of year. Demand for […] Read more
U.S. livestock: Live cattle sink on profit-taking, technical selling
Lean hogs, feeder cattle mixed
Chicago | Reuters — U.S. cattle futures fell on Monday in a profit-taking and technical-selling setback amid concerns about weaker demand for cattle and beef, traders said. Position rolling by funds, as they closed out long positions in the spot month and bought deferred contracts on the second day of the five-session “Goldman roll” period, […] Read more
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