Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Wednesday, supported by tightening cattle supplies and strong cash trade that continue to push front-month futures to near eight-year highs. “The cash price outlook right now is very firm,” said Doug Houghton, technical analyst at Brock Capital Management. “The overall supply outlook is for […] Read more
U.S. livestock: Cattle futures firm, tight supplies underpin
Hogs up off 13-month lows
Telemedicine is a way to get your veterinarian’s eyes on your farm
Trend of sending videos and pics instead of driving to a far-off clinic picked up during the pandemic
Reading Time: 3 minutes The use of telemedicine is growing, and if you’ve texted a video or a photo to your veterinarian, you’ve participated in it. “Telemedicine is defined as providing medical advice and treatment based on remote collection of information,” said Natasha Kutryk, the incoming president of the Alberta Veterinary Medicine Association. “There probably aren’t many farmers who […] Read more
U.S. livestock: Cattle futures ease off highest since 2015
Hogs up off lowest since late 2021
Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Tuesday, snapping an 11-session streak of gains on a profit-taking setback after hitting their highest in more than seven years. Some signs of weakness in the cash markets and concerns about profit margins added pressure. Hog futures were firmer after hitting their lowest in […] Read more
Klassen: Larger supplies of backgrounded cattle weigh on feeder complex
Compared to last week, western Canadian yearling markets traded steady to $3 lower. Calf prices were quoted $5 lower to $3 higher. Backgrounded cattle appeared to have a softer tone as more numbers come on the market. Usually, the bulk of the volume for backgrounded cattle are animals over 850 lbs. However, this year, the […] Read more
U.S. livestock: CME cattle futures extend winning streak
Front-month live cattle, feeders hit highest since 2015; lean hogs down
Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose for the 11th session in a row on Monday, hitting their highest in more than seven years as tight supplies continued to fuel a rally. Strength in the cash market added to the gains in cattle futures. But surplus supplies weighed on the hog markets, […] Read more
U.S. livestock: CME cattle climb as smaller U.S. herd attracts spec buyers
Chicago lean hogs close mostly higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set life-of-contract highs on Friday as a government report this week showing reduced U.S. cattle supplies continued to inspire speculative buying, traders said. A seasonal slide in wholesale beef prices capped rallies. But traders remained fixated on longer-term supplies after the U.S. Department of Agriculture […] Read more
It’s more rare these days, but grain overload has a big impact
Mixed rations and better storage have cut cases, but take care when increasing grain in a ration
Reading Time: 3 minutes Grain overload has been drastically reduced over the years thanks to nutritionists, total mixed rations and fewer incidents of accidental ingestion. But I want to review the condition, treatment and, most importantly, the ways to prevent it. Grain overload occurs when there is over-consumption of a carbohydrate source, most often grain. I have treated severe […] Read more
Research resources for livestock producers
Reading Time: < 1 minute An Ontario livestock organization has a series of resources aimed at helping farmers put research into practice. The podcasts, videos and webinar recordings on the Livestock Research Innovation Corporation website “offer timely and credible information that will help them make the best possible decisions in how to manage their farms and raise their livestock,” said […] Read more
U.S. livestock: Live cattle futures ease off contract highs
Chicago lean hog values retreat
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed lower on Wednesday as traders booked profits, one day after the benchmark April contract set a life-of-contract high and the U.S. Agriculture Department reported a three per cent year-on-year drop in the size of the U.S. cattle herd. CME April live cattle […] Read more
Klassen: Feeder market percolates higher amid finicky buyers
Ontario feedlots bring demand for West's calves
Compared to last week, western Canadian feeder cattle markets traded steady to $4 higher on average. Certain pockets in Manitoba and eastern Saskatchewan had steer calves up $4-$8 from week-ago levels. Alberta values were relatively unchanged from seven days earlier on all weight categories. Steady demand was noted from Ontario feedlots for calves while Alberta […] Read more
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