Chicago Mercantile Exchange (CME) cattle futures turned higher on Tuesday on technical trading and market anticipation that packers increase buying on a shortened holiday week, analysts said.
U.S. livestock: Cattle futures turn higher on packer buying expectations
Klassen: Demand for grass cattle pushes feeder market higher
In the week ending May 25, Western Canadian feeder cattle markets were trading $4 to $8 higher compared to seven days earlier. Some higher quality genetic packages of 700-pound plus cattle were up as much as $10 from week-ago levels.
Eastern Canada’s largest beef processor on strike
Union says a Cargill plant in Calgary could soon take similar action
Nearly 1000 workers at Cargill’s beef processing plant in Guelph hit the picket lines this morning, as workers strike in an effort to gain better compensation.
U.S. livestock: Live cattle mixed, feeder cattle lower ahead of holiday weekend
Chicago Mercantile Exchange live cattle futures ended mixed on Friday, amid growing uncertainty over packer interest after the U.S. Memorial Day holiday weekend, traders said.
U.S. livestock: Lean hogs hit three-month low on weaker cash prices
Chicago Mercantile Exchange lean hog futures slumped to a February low on Thursday under pressure from solid U.S. production and weaker cash prices, traders said.
New program focuses on data literacy for cow-calf producers
Case studies and mentoring will help give farm data decision-making power
The Data Literacy for Cow-Calf Producers project aims to give farmers and ranchers the chance to discuss best practices and learn from experts and peers about how to use data to make better business decisions.
Data management has varied adoption in the cow-calf sector.
U.S. livestock: Cattle futures continue to rally, lean hogs weaken
Chicago Mercantile Exchange live and feeder cattle futures rallied on Wednesday amid expectations of strength in the cash markets, while lean hog futures faced continued pressure from data showing that U.S. packers are processing a glut of pork, analysts said.
U.S. livestock: CME hogs slide to February low under US production pressure
Chicago Mercantile Exchange lean hog futures dropped to their lowest level since February under pressure from solid U.S. production on Tuesday, while live cattle futures reached their highest price since March, analysts said.
Klassen: Demand for grass cattle pushes feeder market higher
For the week ending May 18, Western Canadian yearling markets were trading $3 to $5 higher compared to seven days earlier. Calf prices were relatively unchanged compared to the prior week. The feeder market appears to be consolidating near historical highs.
Briefs: Carbon and beef cattle; biosecurity and livestock
Reading Time: < 1 minute Carbon and beef cattle Every living thing contains carbon, and everything — including cattle, grasslands,and people — is part of the carbon cycle. Raising beef cattle can have both positiveand negative impacts on the carbon cycle and different management practicescan increase or decrease the sector’s carbon footprint. Learn more about howproduction systems stack up by […] Read more