Livestock
Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. The steam appears to be coming off the market as larger volumes become available. Pastures have basically dried up in many areas of Western Canada, which has spurred on producer selling. The calf market was hard to define due to […] Read more
Klassen: Feeder market consolidates
USDA report considered supportive for Q4 fed cattle
JBS posts quarterly loss on tight U.S. beef margins
'Greater balance' forecasted for global chicken supply
Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for its beef business in the U.S., where it gets most of its sales. JBS reported a net loss of 263.6 million reais (C$73.8 million), the […] Read more
U.S. livestock: CME lean hogs down on technical selling
Cattle futures also lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest level in six weeks on Monday on technical selling and ample U.S. supplies, brokers said. The market has pulled back after rising on Aug. 1 to its highest price since March. “Hogs are doing what they do — trying to find […] Read more
Loan limits get beefed up
Reading Time: < 1 minute The provincial government is giving feeder association members more options to purchase and market livestock and to generate better cash flow for their operations. It is amending the Feeder Associations Guarantee Regulation. The changes raise individual and joint membership loan limits, excluding advances, to $3 million from $2 million. Cattle prices have increased 25 per […] Read more
U.S. livestock: Cattle futures fall as packers’ profit margins in red
Lean hog futures show gains
Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday, as cash cattle prices eased and packers continued to hemorrhage profits and remained reluctant to pay more for animals, analysts and traders said. Meanwhile, lean hog futures firmed as profit margins improved for pork processors. Limited cattle supplies kept a floor under the […] Read more
U.S. livestock: CME cattle firm, hogs mixed
Cattle supply outlook overrides demand concerns
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Thursday, buoyed by a round of technical support as the market remained near last week’s highs. Feeder cattle contracts also posted gains, while lean hog futures were mixed Traders said that tight supplies underpinned cattle futures prices despite demand concerns. CME August live […] Read more
Low emitting cow-calf farms move in step with profitability
The variability of the cow-calf sector means there are many levers to pull to increase financial, environmental sustainability, says researcher
Reading Time: 3 minutes Glacier FarmMedia – A study benchmarking cow-calf profitability against greenhouse gas intensity suggests profitable farms tend to have lower emissions, but there’s a lot of room to work on both sides of the equation. “There’s a lot that we can do to provide support to producers who are willing to try things … and I […] Read more
U.S. livestock: Cattle up on U.S. supply worries
CME lean hog futures sag
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Wednesday as tight U.S. supplies continued to support the market, analysts said. Feeder cattle futures also advanced, while lean hog futures declined. The live cattle market is largely trading sideways in the most-active contract this week after finishing with strong gains on Friday, […] Read more
U.S. livestock: CME cattle steady to weak
Hogs mixed with demand in focus
Chicago | Reuters — Chicago Mercantile Exchange cattle futures were steady to weak, while hog futures were mixed on Tuesday, with the market pressured by demand concerns as the end of grilling season nears, traders said. August live cattle futures ended unchanged at 179.7 cents/lb. (all figures US$). Most-active October live cattle fell 0.525 cent, […] Read more
Temporary livestock water assistance available
Reading Time: < 1 minute Livestock and poultry producers impacted by water shortage and drought conditions can receive streamlined temporary livestock water assistance through Alberta Environment and Protected Areas (EPA). Producers who have an urgent need for water should contact EPA for support to identify alternative water sources and receive authorization for use under the Water Act. A fact sheet […] Read more