Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures firmed on Thursday, rebounding from a sharp decline a day earlier on support from weakness in the corn market. Live cattle futures also closed higher but hog contracts weakened, extending a sell-off that started on Wednesday as traders said the market remained technically overbought. Analysts […] Read more
U.S. livestock: Cattle futures rise, hogs fall
Feeder cattle back in Bollinger range
U.S. livestock: Feeder cattle down as corn extends rally
Hogs end lower off early gains
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures eased on Wednesday, with surging corn prices expected to boost feeding costs in the coming weeks, traders said. But live cattle contracts were close to unchanged. Hog futures fell from a nine-month high on a round of profit-taking, with the most-active August contract snapping a […] Read more
U.S. livestock: Hogs rally to nine-month high; cattle ease
Cattle futures weaker on seasonal slowdown and profit-taking round
Chicago | Reuters — Chicago Mercantile Exchange hog futures rose to a nine-month high as a recent slowdown in the pace of slaughter limited the amount of retail supplies. Cattle futures were weaker on an expected seasonal slowdown and a round of profit-taking, traders said. CME July hogs jumped three cents to 95.85 cents per […] Read more
Ranchers say federal funding key to watering improvements
Not everyone is happy with the way OFCAF does business, with some saying it doesn’t support cutting-edge producers
Reading Time: 5 minutes Installing a pasture pipeline watering system was a pipe dream — literally — for Matt and Angela Kumlin, until they tapped the On-Farm Climate Action Fund. The Kumlins received $70,000 through OFCAF to build a water pipeline on their ranch. Now creeping up on the $100,000 mark, Angela said the project, meant to boost rotational […] Read more
New vaccine tools launched for cattle
Reading Time: 3 minutes Cattle farmers have a new set of tools to help manage vaccination programs for their herds, courtesy of the Beef Cattle Research Council. “As livestock and land managers, we have a lot to consider year to year,” said Brodie Haugan, chair of Alberta Beef Producers. “Tools like the BCRC’s vaccine backgrounder, vaccine handling guidelines, and […] Read more
U.S. livestock: CME live cattle up as beef prices climb
Chicago lean hogs close mixed
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Friday ahead of a long U.S. holiday weekend, supported by strong beef prices and profitable margins for beef packers, traders said. CME’s benchmark August live cattle contract settled up 0.65 cent at 171.725 cents/lb. (all figures US$). The U.S. Department of […] Read more
U.S. livestock: CME live cattle inch higher in technical bounce
Chicago lean hogs end mixed
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed modestly higher on Thursday on rising wholesale beef prices and a technical bounce after the benchmark August contract dipped to a two-week low. The cattle market has been consolidating after a surge to contract highs on June 7 triggered several days of […] Read more
U.S. livestock: CME live cattle fall on technical selling
Wholesale pork prices lift hogs
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange fell on Wednesday on chart-based selling and expectations of a seasonal slowdown in beef demand in the coming weeks, traders said. CME benchmark August live cattle futures settled down 2.95 cents at 170.975 cents/lb., with technical selling accelerating as the contract dropped below […] Read more
U.S. livestock: CME live cattle end up as beef prices rise
Chicago lean hog futures end mixed
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday, rallying from early declines, as strong beef prices and tight cattle supplies buoyed futures, traders said. CME August live cattle futures settled up 0.725 cent at 173.925 cents/lb. (all figures US$). August feeder cattle finished up 1.4 cents at […] Read more
U.S. livestock: CME lean hogs extend climb on bargain-buying
Cash prices support cattle futures
Chicago | Reuters — Benchmark lean hog futures on the Chicago Mercantile Exchange set a one-month high on Monday on short-covering and bargain-buying as the July contract extended its rebound from life-of-contract lows set in late May, traders said. CME July lean hogs settled up 1.975 cents at 91.6 cents/lb. after reaching 93.125 cents, the […] Read more
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