For the week ending Saturday, western Canadian yearling steer prices were quoted $2-$4 higher; yearling heifers traded $2 higher to $5 lower. Calves were relatively unchanged although volumes were limited. Larger groups of quality genetics were well bid while second tier cattle were marginally discounted off the highs. Some ranches are liquidating yearlings about one […] Read more
Klassen: Feeder market consolidates at historical highs
Higher borrowing costs offset lower feed prices
U.S. livestock: CME cattle end higher on firm cash values
Hogs settle lower off recent highs
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended modestly higher on Monday on follow-though buying from Friday and carry-over strength from last week’s strong cash cattle market. Cash cattle traded late last week as high as $184-$185 per hundredweight (cwt) in northern feedlot areas, traders said, up from sales of around $178-$182 […] Read more
U.S. livestock: CME live cattle climb on firmer cash market
Hogs down on technical selling
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday on tight fed cattle supplies and higher cash market sales in the central U.S. Plains and western Midwest, traders said. Beef packers were in need of cattle to fill near-term operations, including a large Saturday slaughter and a full week of production […] Read more
U.S. livestock: CME live cattle ease on weak cash market
Lean hog futures mostly higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined on Thursday as a weak tone to the cash market and worries about slowing beef demand weighed on prices, traders said. Livestock traders were monitoring cash market activity at Plains feedlots, where fed cattle were lightly bid at $178/cwt, below the bulk of cash […] Read more
The meat of the matter: Another way to look at environmental metrics
Protein density and ecosystem impacts make meat competitive with grains, says researchers
Reading Time: 4 minutes Glacier FarmMedia – When attempting to get an accurate gauge of global food security and protein sufficiency, metrics matter. The food sufficiency metric must reflect what each type of food production supplies, including environmental benefits, social structures or sustainability credentials, said Vaughn Holder, ruminant research director with Kentucky-based nutrition company Alltech. “The metrics are important […] Read more
U.S. livestock: Cattle futures turn lower
Current-year hog futures higher
Chicago Mercantile Exchange live cattle and feeder cattle futures took a turn lower in resumed trading Wednesday while near-month hogs turned higher. Most-active August live cattle came back off the U.S. Independence Day break down for a second day off Friday’s three-week high, closing Wednesday at 174.95 cents/lb., down 1.875 cents from Monday (all figures […] Read more
U.S. livestock: CME feeder cattle firm on choppy corn trade
Live cattle, lean hogs mixed
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased and feeder cattle futures ticked up on Monday, as corn prices faced a choppy trading day at the start of this holiday-shortened week, traders said. Meanwhile, the hog market ended the day mixed, with nearby contracts continuing to be bullish on growing buyer interest, […] Read more
U.S. livestock: CME cattle up as corn prices slide
Chicago lean hog futures end mixed
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a three-week high on Friday, lifted by a surge in feeder cattle futures as corn prices tumbled, traders said. Tightening U.S. cattle supplies and a resilient beef market lent support, along with a strong close for the month and quarter on Wall Street that […] Read more
U.S. livestock: CME nearby hog futures up ahead of herd data
Cattle up on bullish fundamentals
Chicago | Reuters — Chicago Mercantile Exchange nearby lean hog futures ended higher on Thursday, as wholesale pork prices rose, cash hog prices firmed and traders awaited quarterly hog data from the U.S. Department of Agriculture (USDA). Benchmark August hogs settled up 1.225 cents at 92.325 cents/lb. after reaching 93 cents, right at the contract’s […] Read more
U.S. livestock: Live cattle climb on firm cash markets
Chicago lean hogs end mixed
Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher for a second session on Wednesday, lifted by strength in the cash market tied to tightening U.S. cattle supplies, traders said, while tumbling corn prices lifted feeder cattle futures. CME August live cattle futures settled up 1.375 cents at 173.875 cents/lb. (all figures US$). […] Read more
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