Chicago | Reuters — Chicago Mercantile Exchange cattle futures dropped on Thursday after two sessions of gains, pressured by fund long liquidation and as higher corn feed prices and worries about demand for high-priced beef cuts hung over the market. Technical selling accelerated the break, the live cattle market’s sixth in the last eight sessions, […] Read more
U.S. livestock: CME cattle drop on fund selling, beef demand concerns
Chicago lean hogs continue higher
U.S. livestock: CME cattle gain for second straight day after selloff
Chicago lean hog futures also firm
Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose for a second consecutive session on Wednesday on short covering and follow-through technical and bargain buying after the market plunged to multi-month lows to start the week. Improving packer margins and futures’ steep discount to cash cattle prices also supported the market following the fund-selling […] Read more
Farmers urged to use marginal land for forage
Ducks Unlimited Canada, Farm Credit Canada lauch program to turn uneconomical farmland into perennial forage
Reading Time: 2 minutes Glacier FarmMedia – A new program sponsored by Ducks Unlimited Canada and supported by Farm Credit Canada hopes to spur producers to turn uneconomical farmland into perennial forage. The Marginal Areas Program on the Prairies is open to producers in Alberta, Saskatchewan and Manitoba, with DUC providing financial support to convert unproductive cropland to forage […] Read more
U.S. livestock: CME cattle up on short covering, discount to cash
Short covering also lifts CME hogs
Chicago | Reuters — Chicago Mercantile Exchange cattle futures surged on Tuesday in a short-covering rebound from multi-month lows in the prior session, supported by the market’s steep discount to cash market prices. Feeder cattle futures rose by as much as the daily trading limit, triggering expanded limits for both feeders and live cattle for […] Read more
U.S. livestock: Fund selling sends CME cattle to multi-month lows
February hogs touch contract low
Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled sharply for a second straight session on Monday on fund long liquidation, technical selling and concerns about slowing beef demand and rising supplies. Actively traded February live cattle dropped to an eight-month low while several deferred-month contracts posted life-of-contract lows. January feeder cattle plunged more […] Read more
Locked out of drought help? Give moisture insurance a try
Moisture deficit insurance may help drought-stricken livestock producers in the future
Reading Time: 3 minutes Alberta livestock producers frozen out of the new Canada-Alberta Drought Livestock Assistance program may want to consider an under-utilized insurance program in the future, said a representative from the program administrators. The AgriRecovery-based program was recently introduced to help livestock producers who faced extraordinary costs accessing feed in 2023. However, it doesn’t cover all of […] Read more
U.S. livestock: CME cattle collapse to March lows
Chicago February hogs set contract low
Chicago | Reuters — Cattle futures sank to their lowest levels in nearly eight months at the Chicago Mercantile Exchange on Friday on increased concerns about easing demand for U.S. beef. Technical selling accelerated the slide after funds recently liquidated long positions, traders said. “We don’t know what demand is going to be a year […] Read more
Be ready to help if livestock involved in accidents
First responders can benefit from local livestock knowledge when disaster strikes
Reading Time: 3 minutes Every day hundreds of thousands of animals are transported across Canadian highways without mishap, but every so often, there is an unfortunate accident with animal deaths and injuries. Alberta has developed an emergency network because of the huge numbers of cattle transported to feedlots and packing plants. While this network is invaluable, there’s also an […] Read more
U.S. livestock: CME lean hogs mixed after approaching four-week low
Chicago cattle futures end lower
Chicago | Reuters — Lean hog futures hit their lowest level in about four weeks on Wednesday before ending mixed as traders adjusted positions before the U.S. Thanksgiving holiday. The market has dropped about eight per cent since rising on Nov. 7 to the highest price in more than a month, as ample U.S. supplies […] Read more
U.S. livestock: CME lean hogs near four-week low amid large supply
Cattle futures slip lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest price in nearly four weeks on Tuesday as large supplies hung over the market. Technical selling added pressure on prices as December hogs dropped below 70 cents/lb. for the first time since Nov. 1, analysts said (all figures US$). The contract […] Read more
Cyber-Savvy Farmer
