Compared to last week, western Canadian feeder cattle markets traded $2 lower to $4 higher on average. Many auction barns were on holidays last week; therefore, the buying interest appeared to be more concentrated on the major markets. There were no reports from Manitoba last week. Alberta packers were buying fed cattle on a dressed […] Read more
Klassen: Historically high deferred live cattle futures support feeder complex
Take time to learn the ins and outs of grazing brassicas
Toxicity can be an issue, and so can fussy eating, but brassicas can benefit the soil and extend the grazing season
Reading Time: 4 minutes With their ability to suppress weeds and break up compacted soil, brassica plants have become widely known as a good cover crop option. Many producers graze their cover crops, but brassicas can also serve as a grazing crop. “The brassicas are super watery and highly digestible,” said Jillian Bainard, a forage research scientist at Ag […] Read more
U.S. livestock: CME live cattle futures ease, supplies in focus
Hog futures down on technical selling
Chicago | Reuters — CME live cattle futures eased on Wednesday, after moving higher in the previous session, as traders watch for smaller supplies of market-ready cattle moving through the system, traders said. Snow and ice across the U.S. Great Plains last week will likely also reduce supply, shrinking weights of market-ready cattle. “The recent […] Read more
U.S. livestock: CME live cattle futures climb on tight supplies
Supply report also bullish for hog futures
Chicago | Reuters — CME live cattle futures firmed on Tuesday, supported by lower cattle supplies and the impact of cold weather on cattle weights, traders said. Winter weather last week across the U.S. Great Plains likely caused cattle to lose weight amid snow and below-freezing temperatures, said Brad Kooima, commodity broker at Kooima Kooima […] Read more
Winter storm causes havoc across Canada
Alberta ranchers shelter cattle against winds
Ottawa/Winnipeg | Reuters — Strong winds, freezing rain and heavy snowfall closed schools, cut power to homes and cancelled flights across Canada on Friday as a powerful winter storm swept across the country, prompting authorities to warn people to stay indoors ahead of worsening conditions. The storm is connected to the same freezing weather system […] Read more
U.S. livestock: February live cattle lower on slaughter delays
Winter weather caps gains in hog futures
Chicago | Reuters — CME live cattle futures eased on Thursday, as harsh cold conditions delayed slaughter operations, analysts said. Summer month futures climbed to contract highs as traders anticipate lower cattle supplies, possibly exacerbated by icy conditions. “We’re seeing those prices in April push through the roof. We now have a December that’s bitter […] Read more
There are many ways of dealing with a product shortage
Vaccine shortages happen, but there are usually alternatives for dealing with the situation
Reading Time: 3 minutes The shortage of scour vaccine illustrates how the cattle industry can respond to issues that are bound to happen in a world with manufacturing failures, transportation issues and problems that can plague biological products. There are three pharmaceutical manufacturers of scour vaccines, so when one is rumoured to run out, veterinarians search the others. Many […] Read more
This week on ‘Between The Rows’
Episode 307, Dec. 22, 2022
To hear the latest episode of Between The Rows, CLICK HERE. The show is also available to you each week through Apple Podcasts and Google Podcasts — and you can also find our episode archive on YouTube.
U.S. livestock: CME lean hogs firm on demand expectations
Live cattle follow retail beef prices higher
Chicago | Reuters — CME lean hog futures lifted on Wednesday, jumping to two-week highs on expectations that demand for market-ready hogs will perk up in the coming weeks, analysts said. “There seems to be a lot of optimism in buying for after the first of the year,” said Matthew Wiegand, Risk Management Consultant at […] Read more
U.S. livestock: CME lean hogs ease on weaker pork cutout
Cattle futures down with slaughter pace
Chicago | Reuters — CME Group lean hog futures fell on Tuesday, pressured by falling pork prices, analysts said. “The product markets are so weak, I think it’s keeping the nearby under pressure,” said Altin Kalo, economist at Steiner Consulting Group. Carcass cutout values dropped $1.47, to $83.46 per hundredweight (cwt), according to the U.S. […] Read more
Cyber-Savvy Farmer
