Chicago | Reuters — U.S. live cattle futures firmed on Monday, with fund buying sparking the gains due to expected strength in the cash markets, traders said. “The trade continues to feel that the cash market has bottomed,” said Don Roose of U.S. Commodities. “It continues to feel that the cash market will trade from […] Read more
U.S. livestock: Cattle futures extend winning streak
Big supplies hinder hog market
Feed weekly outlook: Feed grains come under harvest pressure
MarketsFarm – Delayed springtime planting pushed back the feed grain harvest. As a result, prices for old crop feed grains are now beginning to converge with new crop prices. “It feels like we’re transitioning towards new crop,” remarked Travis Ebens, a grains trader with CorNine Commodities in Lacombe, Alta. He said prices for feed barley […] Read more
U.S. livestock: Cattle futures close higher on strong export data
Chicago | Reuters – U.S. live cattle futures closed higher on Thursday for a third straight day, buoyed by strong weekly beef export sales and signs of firming cash cattle prices, traders said. Chicago Mercantile Exchange (CME) August live cattle futures settled up 0.275 cent at 101.725 cents per pound while most-active October rose 0.700 […] Read more
Beef breeds council now part of CCA
Reading Time: < 1 minute The market development group representing Canada’s beef cattle seedstock sector has merged into the Canadian Cattlemen’s Association. The Canadian Beef Breeds Council has joined the Beef Cattle Research Council and Canfax among the divisions of the CCA. The move follows a cost-benefit review by an advisory committee. The council, formed in 1994, represents 8,000 registered […] Read more
Klassen: Feeder cattle market drawing attention
Compared to last week, Western Canadian yearling prices were $2 to $4 higher while calf markets traded $2 to $4 on either side of unchanged. U.S. prices were also up $2 to $4 which lent support to Canadian domestic values. Volumes remain thin across the prairies; many producers are busy with silage operations and pasture […] Read more
U.S. livestock: Live cattle futures gain, fall short on the week
Lean hogs slip after three days' gains
Chicago | Reuters — U.S. live cattle futures gained on Friday, after four consecutive days of declines, as traders anticipated the U.S. Department of Agriculture’s monthly Cattle on Feed report. Chicago Mercantile Exchange (CME) August live cattle futures settled up 0.475 cent at 101.325 cents/lb. and October live cattle added 0.5 cent to close at […] Read more
U.S. livestock: Live cattle futures ease, demand picture foggy
Hogs up on firmer cash, pork prices
Chicago | Reuters — U.S. live cattle futures fell again Thursday, the fourth consecutive step back after reaching a high not seen since early March. “The rally last week was kind of counter-seasonal. You typically don’t rally the cattle in late July, early August, in the dog days of summer,” said Jeff French, an analyst […] Read more
U.S. livestock: Live cattle continue lower on unclear outlook
'Hard hill to climb' expected for lean hogs
Chicago | Reuters — U.S. live cattle futures closed lower on Wednesday as uncertainty about demand lingers, while dry conditions in the U.S. West have analysts worried about an influx of market-ready cattle in the coming weeks. “You look at pasture range and it is deteriorating very quickly,” said Ted Seifried, chief ag market strategist […] Read more
Ten Albertans chosen as CYL semi-finalists
Reading Time: < 1 minute Ten Albertans have made the short list for the 2020-21 edition of the Cattlemen’s Young Leaders Mentorship Program. The Canadian Cattlemen’s Association program pairs participants with a mentor in their specific area of interest in the beef industry and provides networking and travel opportunities tailored for personal and professional growth. More than 50 young people, […] Read more
Double cropping and low-stress handling pay dividends
Short Grass Ranches benefits from grazing a second feed crop and a new low-stress handling system
Reading Time: 3 minutes Editor’s note: The Beef Cattle Research Council has launched a new series looking at the innovative practices and strategies of producers who are members of the council. (There are 14 council members representing provincial beef organizations.) Here is an excerpt from the first instalment of the series, which can be found in the blog section […] Read more
Cyber-Savvy Farmer
