Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed stronger and touched their highest prices in more than two weeks on Monday as livestock markets recovered from recent losses, analysts said. The Dow and S+P 500 also ended higher, after turmoil in the banking sector recently weighed on equity and commodity markets. Cattle […] Read more
U.S. livestock: CME live cattle exceed two-week highs in rebound
Lean hogs up off last week's lows
Take precautions when using heat lamps for newborn livestock
They’re a valuable tool for warming calves and lambs, but also a fire hazard
Reading Time: 2 minutes As spring approaches, many ranchers prepare a clean, dry and warm place for newborn animals. Frigid temperatures make it a challenge to keep newborn livestock warm and protected from harsh winter elements. One option is to provide supplemental heat from heat lamps but severe risks can accompany their use inside a barn. “As livestock producers, […] Read more
Seven tips for calving season
Reading Time: < 1 minute Calving can be an exciting but challenging time. Whether in the middle of calving season or planning for the next, the Beef Cattle Research Council has several helpful calving resources to set producers up for success. It has posted on its website, beefresearch.ca, a series of seven tips with short articles and videos on subjects […] Read more
U.S. livestock: CME hogs slide to new contract lows, finish mixed
April live cattle down, feeders up
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures crumbled to new life-of-contract lows on Thursday, before finishing mixed, on concerns about poor demand for U.S. pork, analysts said. The market has tanked since last week, with additional pressure stemming from weak cash prices and larger-than-expected supplies of hogs. The front-month contract is down […] Read more
U.S. livestock: CME hogs fall to contract lows on demand worries
April cattle also down on day
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures tumbled to contract lows again on Wednesday on concerns about lower demand, analysts said. Worries about the risk for a recession to reduce consumers’ meat purchases hung over livestock markets, particularly for expensive cuts, said Arlan Suderman, chief commodities economist for broker StoneX. Wheat and […] Read more
New chair takes the reins at ABP
Brodie Haugan says important issues include the decline in the cow herd and the long-term health of the cow-calf sector
Reading Time: 3 minutes The youngest-ever chair of Alberta Beef Producers says he’s excited to bring the voice of the next generation to the organization. “To be honest, when I first got involved with ABP, I had no intent of getting to the top position,” said 32-year-old Brodie Hagen, who ranches near Orion. “I just saw the opportunity to […] Read more
U.S. livestock: CME lean hogs hit contract lows on follow-through selling
Cattle futures edge upward
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped to contract lows on Tuesday on follow-through and technical selling after recent slides, traders said. Front-month April lean hogs settled down 0.725 cent at 77.05 cents/lb. after hitting a contract low at 77 cents (all figures US$). The contract has lost 12 per cent […] Read more
Klassen: Stronger fed cattle market pulls feeders upward
Feedlots becoming more current with production
Compared to last week, western Canadian yearling and calf markets were quoted steady to $5 higher on average. Strength was noted in southern Alberta. In the Lethbridge area, prices for lighter flesh replacements were up as much as $10 from seven days earlier. Larger supplies of backgrounded cattle are coming on the market at this […] Read more
U.S. livestock: June live cattle, hogs continue lower
Feeder cattle also down on day
Chicago Mercantile Exchange’s most-active June live cattle and lean hog contracts continued on a downward track in Monday’s trade. June live cattle closed Monday at $155.525, beneath the lower end of its 20-day Bollinger range and down 87.5 cents from Friday’s close (all figures US$ per hundredweight). Front-month April, meanwhile, opened near its 50-day moving […] Read more
U.S. livestock: Nearby CME lean hogs recover slightly from slide
April cattle futures lower; U.S. cattle on feed in line with expectations
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended slightly higher in the nearby contract on Friday in a rebound from steep declines this week, though deferred contracts extended losses, traders said. Lower cutout values continue to hang over the futures market, along with broader pressure from market turmoil in the banking sector, […] Read more
Cyber-Savvy Farmer
