CME April live cattle futures LCJ24 settled down 0.450 cent at 181.225 cents per pound, retreating after rising to 183.450 cents, the contract's highest point since Nov. 7. Last week's firm cash cattle prices and technical buying underpinned the market, traders said.
U.S. livestock: CME cattle futures ease on profit-taking after 2-1/2-month peak
Lean hog futures ended modestly higher; firm cash hog prices lent support
Sustainable beef program brings framework up to date
Includes focus on transparency, clarity and consistency
Reading Time: 2 minutes A leading industry-run sustainable beef program is touting a new and improved update of its guiding framework. The Canadian Roundtable for Sustainable Beef (CRSB) has released a “fulsome” rethink of the Certified Sustainable Beef Framework (CSBF) prioritizing transparency, clarity and consistency. It comes on the heels of the the framework’s first scheduled five-year review in […] Read more
Feed grain weekly outlook: Buyers looking towards springtime
Analysts suggest farmers will grow less barley
Feedlots continued to purchase corn imports from the United States, putting pressure on feed barley and wheat prices in Western Canada. However, the prospective of fewer planted acres this spring could give prices a boost.
Cattle sector awaits details on methane plan
Early thinking is that federal incentives to help producers reduce cattle emissions could fit with industry targets
Reading Time: 2 minutes Glacier FarmMedia – Canada’s draft policy that would provide financial incentives to livestock producers to reduce methane from cattle aligns with the beef sector’s target to see those emissions reduced by one-third by 2030. The beef industry will have to see how well federal government proposals merge with its own efforts, which have already resulted in Canadian […] Read more
Klassen: Feeder market holds value despite negative margins
U.S. demand limited with colder temperatures in Midwest
Calf markets appeared to trade $2 to $3 above week-ago levels on average. Feedlot margins on current pen close-outs are negative $300 to $350 per head but replacement markets haven’t missed a beat. Finishing feedlots were once again bidding aggressively on backgrounded cattle with fleshier types experiencing limited slippage. Larger pen sized groups were on the higher end of the priced spectrum with buyers avoiding smaller packages.
Beef marks GHG drop: report
Assessment reveals industry has reduced emissions by 15 per cent
Producing a kilogram of boneless beef cuts today involves 15 per cent fewer greenhouse gas emissions than in 2014, according to the recently released National Beef Sustainability Assessment (NBSA) and Strategy report.
U.S. livestock: Cattle, hogs sag as traders track US slaughtering
Data largely neutral for cattle futures, analysts say
Chicago Mercantile Exchange cattle futures eased on Friday as the market retreated from November highs, and hog futures also closed lower.
U.S. livestock: Follow-through buying carries CME cattle to eight-week highs
Cattle lighter after severe winter weather traders say
Chicago Mercantile Exchange cattle futures stormed to their highest levels in about eight weeks on Thursday amid follow-through buying, traders said.
Western Canadian feed market cold, but quiet
General trend in barley pricing flat to lower
Extreme cold temperatures in Western Canada have done little to move the needle on feed grain markets as corn continues to come up from the United States and end users appear well covered for the time being.
U.S. livestock: Cattle futures hit November highs as traders focus on harsh US winter
Lean hogs ended slightly up after early plunge
Chicago Mercantile Exchange cattle futures touched their highest prices since November on Wednesday after severe winter weather has slowed weight gains for livestock and disrupted slaughtering, analysts said.