Livestock
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended a steep sell-off on Friday on growing worries that the spread of coronavirus would dent global economic growth and could tip the world economy into recession. Global stocks and oil prices fell sharply as traders fretted over the economic toll of the virus that […] Read more
U.S. livestock: CME cattle dive as coronavirus slams global markets
Technical buying limits hogs' losses
CME to raise hog futures trading limits as swine fever fuels volatility
New daily limit of 3.75 U.S. cents proposed for mid-April
Chicago | Reuters — CME Group said Thursday it plans to increase daily trading limits for its lean hog futures in April, then adjust them annually because of heightened volatility linked to the outbreak of a fatal pig disease in China. The spread of African swine fever in China, the world’s biggest pork consumer, has […] Read more
New research will produce tools you can use, says cattle health expert
The new five-year $2.35-million research program will first tackle bovine respiratory disease and Johne’s disease, as well as antimicrobial resistance
Reading Time: 3 minutes A major new research program will help cattle producers manage two key diseases in their herds — and they can expect to have new tools in their hands in just a few years. “We’re looking at new approaches for managing important issues like bovine respiratory disease and other production-limiting diseases such as Johne’s disease,” said […] Read more
U.S. livestock: CME live cattle sink to new lows
COVID-19 continues to spook investors
Chicago | Reuters — Chicago Mercantile Exchange cattle futures ended mostly lower on Thursday, with several key contracts notching new contract lows on nagging worries about the spread of coronavirus and its impact on global economic growth and demand for beef. Commodity funds, which had recently built up a sizable net long position in live […] Read more
Different options for feeding cattle
Reading Time: < 1 minute Considering alternative feeds? The Beef Cattle Research Council has a web page that looks at a number of feeds other than hay, other forages and grains. “There are many alternative feeds that can supplement and even improve the diet,” the web page states. These range from crop residues, chaff, oat hulls, and screenings to DDGs, […] Read more
U.S. livestock: CME live cattle sink on fund selling
Commodities funds take risk-off stance due to COVID-19
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell sharply in actively traded nearby contracts on Wednesday as concerns about the spread of coronavirus and its impact on demand triggered active selling by commodities funds. Slumping cash market prices further fueled the slide, with the benchmark April contract sinking to its lowest point […] Read more
U.S. livestock: CME cattle extend losses
COVID-19 coronavirus continues to rattle investors
Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures fell sharply for a second consecutive day on Tuesday as fears of a coronavirus pandemic stoked concerns about demand and slower global economic growth. Commodities funds liquidated more of their sizable long holdings in cattle after the U.S. Centers for Disease Control and […] Read more
Cattle inventories continue to decline, StatsCan says
Canada's hog herd also down on year
MarketsFarm — Canada’s cattle herd in 2019 continued on its generally consistent path of declining numbers, according to new data Statistics Canada released Tuesday. Aside from a few slight increases in 2012, 2013 and 2018, Canadian cattle inventories have moved lower since 2005. At 11.2 million head, the reported number of cattle on farms in […] Read more
Klassen: Calves remain firm while yearlings falter
Compared to last week, western Canadian yearling markets traded $3-$5 lower while calves and grassers traded within $5 on either side of unchanged. Calves were extremely variable with similar weight cattle sometimes trading $6-$8 apart at the same sale. Supplies of calves coming on the market appear to be lower than last year. This may […] Read more
U.S. livestock: Cattle, hogs dive as coronavirus rattles markets
April live cattle, most feeder contracts close limit-down
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures plunged on Monday as a surge of coronavirus cases beyond China stoked fears of U.S. meat export delays and slower global economic growth. The actively-traded April live cattle contract and nearly all feeder cattle contracts closed down by their daily trading limits, triggering expanded […] Read more
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