Chicago Mercantile Exchange feeder cattle futures fell again on Thursday, amid ongoing profit-taking as some market participants sought cover as cash prices continue to stay firm, traders said.
U.S. livestock: Cattle futures continue to slide on profit-taking
Traders weigh potential impacts of Texas Panhandle wildfire's effects on cattle supply
Feed barley stuck in downtrend
Canada has imported 564,900 tonnes of U.S. corn since Sept. 1
The Western Canadian feed market remains under pressure, with barley bids stuck in a steady downtrend.
Alberta to ban renewables projects on prime agricultural land
Rules could create a backdoor land ban, analyst says
Alberta will ban renewable power projects on prime agricultural land and erect buffer zones to ensure wind turbines do not spoil scenic views, the provincial government said on Wednesday.
Klassen: Statistics Canada confirms lower feeder cattle supplies
Precipitation in Alberta, Saskatchewan increases demand for grassers
Compared to last week, Western Canadian yearling or backgrounded steers prices were quoted $5 to $8 higher; yearling or backgrounded heifers were unchanged to $4 higher. Calves were trading $4 to as much as $10 higher.
U.S. livestock: CME live cattle rise on tighter US supply expectations
June hogs rose to highest level in nearly a year
Chicago Mercantile Exchange live cattle futures crept higher on Monday on expectations that U.S. supplies will continue to tighten, analysts said.
Klassen: Feeder market shows signs of herd expansion
Some buyers suggest some heifers are being purchased for breeding
For the week ending February 17, Western Canadian prices for yearlings and backgrounded cattle were quoted $2-$4/cwt higher than seven days earlier.
New farm income record set in 2023, estimates suggest
Despite challenges like drought and war, Canadian farms proved resilient
Canadian farm income may have set a new record in 2023. That's according to the official 2023 and 2024
estimates released February 16 by Agriculture and Agri-Food Canada.
U.S. livestock: Lean hogs advance after strong US pork export data
Live cattle, feeder cattle ended day up
Lean hog futures rose on Thursday at the Chicago Mercantile Exchange on robust U.S. pork export demand and follow-through buying from a rally during the previous session, analysts said.
Feed grain weekly: Buyers waiting longer to purchase more grain
U.S. corn shipments continue to put pressure on feed prices
Buying activity for feed barley and feed wheat in Western Canada is moving slowly and prices continue to decline, according to Susanne Leclerc, owner of Market Master Ltd. in Edmonton.
Pork Council joins call for delay of U.K. ascension to trade deal
Britain has shown it's not interested in free, fair trade of agricultural products, group says
The Canadian Pork Council (CPC) says it's joining a meat industry coalition that's calling for a re-think of the United Kingdom's joining of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).