Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures closed modestly higher on Wednesday, with the benchmark December contract extending its rebound from a four-month low set last week, buoyed by technical buying and expectations of rising cash cattle prices. Sellers in the Kansas and Texas cash markets were offering slaughter-ready cattle as […] Read more
U.S. livestock: CME cattle firm on cash market optimism
Lean hog futures end lower
U.S. livestock: CME cattle rise on hopes for cash prices
Hogs also higher; livestock futures down on month
Chicago | Reuters — Chicago Mercantile Exchange livestock futures crept higher on Tuesday as the cattle markets continued to rebound from multi-month lows reached last week. Expectations for higher cash prices this week and beyond helped to underpin futures, analysts said. Cash prices improved on Friday, compared to the middle of last week. CME October […] Read more
U.S. livestock: CME live cattle recover off recent slide, eye cash prices
Lean hogs also align with cash prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped a one-week high on Monday as the market recovered from steep losses last week. Firm prices in the cash market on Friday supported the rebound in futures, brokers said. CME December live cattle futures ended up 1.025 cents at 183.25 cents/lb. (all figures US$). […] Read more
Feed assistance welcome but ‘won’t be enough’
AgriRecovery program comes too late for cattle producers who have already made the tough decisions
Reading Time: 5 minutes Alberta’s cattle industry is in a crisis due to another year of drought, and while the latest AgriRecovery program will help the situation, more is needed to maintain the stability of the sector, according to the vice-chair of Alberta Beef Producers. “It won’t be enough, guaranteed, and for some it’s too late and they won’t […] Read more
U.S. livestock: CME feeder cattle recover off May-level low
Live cattle, lean hogs also higher
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures fell to their lowest level since May on Friday before ending higher, while live cattle recovered from June lows reached earlier this week. Strength in the cash market helped boost futures, traders said. Reports of meatpackers paying $185/cwt in Texas and $186/cwt in Nebraska represented […] Read more
U.S. livestock: CME cattle ease on larger U.S. supply, weaker equities
Lean hog futures continue higher
Chicago | Reuters — Chicago Mercantile Exchange cattle futures eased on Thursday, with losses in equities and bigger-than-expected U.S. livestock supplies dragging down the markets. Traders kept an eye on Wall Street as weakness in stocks and concerns about the economy can limit consumer demand for pricey beef, analysts said. Stocks closed lower amid signs […] Read more
U.S. livestock: CME cattle, hogs rebound after recent losses
'Monday's washout was probably a bit overdone'
Chicago | Reuters — Cattle futures jumped at the Chicago Mercantile Exchange on Wednesday, bouncing off June lows hit this week on larger-than-expected U.S. supply numbers. Futures prices collapsed on Monday after the U.S. Department of Agriculture, in a report issued after markets closed on Friday, said that producers placed more cattle than expected into […] Read more
U.S. livestock: Cattle futures set June lows at CME
Lean hog futures touch contract lows
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit their lowest levels since June on Tuesday, as the market continued to digest larger-than-expected U.S. supply numbers. The market stabilized, however, after the February contract on Monday tumbled by the exchange-imposed daily trading limit. Trading limits for live cattle will revert back to the […] Read more
Farmfair anticipates robust cattle shows
Honey show, youth career fair and other facets to round out the 2023 event
Reading Time: 2 minutes Farmfair International is poised to return to Edmonton Nov. 8-11. Organizers say the event has been Alberta’s largest beef cattle show for nearly 50 years, at which exhibitors from across Western Canada gather to show their top livestock genetics to purebred producers, local ranchers and international buyers. Boasting the largest purse in Canada, Farmfair International […] Read more
Are remote drug delivery devices the right choice for your cattle operation?
Beef 911: There are resources available to help with that decision
Reading Time: 3 minutes Many producers use remote drug delivery devices. If you are thinking of using one, or if you have used one in the past, this article may be a good review. Dart guns have their pros and cons but the Beef Cattle Research Council has some great resources that can help. It offers guidelines on usage […] Read more
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