Compared to last week, western Canadian yearlings traded steady to $5/cwt higher. Feeders in the 650- to 800-lb. category appeared to jump $4/cwt to as much as $8/cwt in some cases. Calves under 650 lbs. were up $5-$10/cwt. Alberta packers were buying fed cattle in southern Alberta on a live basis at $222/cwt f.o.b. the […] Read more
Klassen: Positive feeding margins lift feeder complex
Futures continue percolating higher
Calving and pasture capacity videos
Reading Time: < 1 minute The Beef Cattle Research Council has a pair of new how-to videos. One focuses on the carrying capacity (grazing capacity) of a pasture. It gives an overview of the four keys to grazing management, features a Saskatchewan beef producer talking about his approach, and looks briefly at how to use the Carrying Capacity Calculator developed […] Read more
U.S. livestock: Feeder cattle fall after USDA report
June hogs rise above 10-day moving average
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts edged higher on Monday, while feeder cattle contracts fell, after U.S. government data released on Friday afternoon showed bigger-than-expected supplies in feedlots. The U.S. Agriculture Department’s monthly report showed that the number of U.S. cattle on feed, as of April 1, was down four per […] Read more
U.S. livestock: CME cattle mixed, cash-futures spread remains wide
Hogs firm after touching new lows
Chicago | Reuters — The Chicago Mercantile Exchange’s spot live cattle futures eased on Friday, after prices in some cash cattle markets dipped lower than last week, traders said. Still, traders cautioned, the spread between cash and deferred futures prices remains wide — a spread that could tighten in the coming weeks as the U.S. […] Read more
U.S. livestock: Volatility roils CME cattle market
Chicago lean hog futures slump
Chicago | Reuters — The Chicago Mercantile Exchange’s cattle futures saw a second day of volatile trading on Thursday, with wide trading ranges and weaker technicals resulting in the spot live cattle contract turning lower, analysts said. One key reason, traders said, is that a white-hot cash market may have hit its limit. Cattle sold […] Read more
U.S. livestock: CME lean hogs touch new lows on fat supplies
Live cattle down on profit-taking, feeder cattle touch fresh highs
Chicago | Reuters — Choppy trade roiled the Chicago Mercantile Exchange’s livestock markets on Wednesday, while bountiful pork supplies and questions over consumer demand sent five of lean hog contracts slumping to new contract lows. The hog market turned sharply down, traders said, as the sector continues to wrestle with weak cash prices and larger-than-expected […] Read more
New program offers big dollars for providing eco-services on your land
New ‘resilient’ farm program offers up to $150,000 for items such as rotational grazing and restoring wetlands
Reading Time: 4 minutes Have you always wanted to try rotational grazing or protect riparian areas? Then say hello to a new government program called the Resilient Agricultural Landscape Program (RALP). There has never been a program quite like this one, said Giselle Ulrich, a grant program specialist with Alberta Agriculture and Irrigation. “A lot of the best management […] Read more
U.S. livestock: CME feeder cattle hit new highs
Chicago lean hogs hit new low
Chicago | Reuters — Chicago Mercantile Exchange’s April and May feeder cattle futures hit fresh contract highs on Tuesday on tight supplies, as analysts said they expected cattle placements to continue to trend down, traders said. Meanwhile, CME May lean hogs hit a contract low of 78.5 cents/lb., before closing down 2.175 cents at 78.825 […] Read more
Seaweed saviour? Marine algae touted as fix for cattle burps
Everyone’s hyped over GHG-fighting seaweed, but is it safe and does it make sense?
Reading Time: 5 minutes Cow burps continue to be headline news, with many — from Bill Gates to a Calgary startup — backing seaweed to save the planet from methane-belching cattle. But despite the hype, slipping a little seaweed into cattle feed is unproven science that needs more study, says one of the leading experts on the issue. “The […] Read more
Klassen: Feeder market factors in lower barley prices
Strength in deferred live cattle futures also supportive
Compared to last week, western Canadian yearlings over 800 lbs. jumped $4 to as much as $10 in some cases. Steers in the 700- to 800-lb. category appeared to be up $10-$12 while similar-weight heifers were up $8-$10. Calves under 700 lbs. were up $10-$20. The feeder market was hard to define in some cases. […] Read more
Cyber-Savvy Farmer
