Chicago | Reuters — Chicago Mercantile Exchange live cattle futures tumbled to a six-week low on Wednesday, extending a setback from an all-time high last month as technical selling and long liquidation hit the market, brokers said. Losses in equities also pressured cattle futures amid concerns that weakness in the U.S. economy could depress demand […] Read more
U.S. livestock: CME live cattle extend setback to six-week low
Lean hogs follow cattle futures lower
U.S. livestock: CME live cattle hit five-week low
Technical selling, economic worries add pressure; June hogs up
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped to their lowest level in more than five weeks on Tuesday as technical selling and concerns about the U.S. economy weighed on prices, analysts said. Economic worries increased after the failure over the weekend of First Republic Bank. Wall Street stock indexes sagged ahead […] Read more
Few winners despite big jump in cattle prices
While prices are the highest in eight years, it’s a different story when it comes to margins
Reading Time: 3 minutes Cattle prices are the highest in years, with record production despite a contracting national herd. These should be signs of health in Canada’s beef sector, but instead there’s pain throughout the value chain, says an industry expert. “The number of winners in an inflationary price environment are actually few and far between because all of […] Read more
U.S. livestock: Live cattle, lean hogs turn lower
August feeder cattle down second day
The Chicago Mercantile Exchange’s most-active live cattle and lean hog futures turned lower Monday on a down day overall in livestock trade. CME June live cattle ended lower Monday after three consecutive days’ climb, at one point dipping below their 10-day moving average before closing at 164.875 cents/lb., down 0.6 cents on the day (all […] Read more
U.S. livestock: Hog futures rise on cash market strength
CME cattle futures mixed
Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Friday, supported by strength in the cash market and good overseas demand for pork, traders said. Cattle futures were mixed, with feeder cattle contracts easing on a round of profit-taking after setting new contract highs while live cattle contracts ended firm. CME’s most-active June […] Read more
U.S. livestock: Cattle futures firm as corn prices fall
Lean hog futures down on profit-taking
Chicago | Reuters — Chicago Mercantile Exchange cattle futures ended firm on Thursday as corn futures sank to a nine-month low. Falling corn prices raised prospects for reduced feeding costs, traders said. Hog futures weakened, pressured by a round of profit taking after hitting their highest since April 4. The gains in cattle were kept […] Read more
U.S. livestock: Cattle rise as corn prices drop
Chicago lean hogs also strong
Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose Wednesday, supported by weakness in corn prices that boosted expectations for lower feeding costs, traders said. Hog futures rallied on strength in the cash markets. CME’s most-active June live cattle contract gained 0.55 cent, to 164.575 cents, rising above its 10-day moving average (all figures […] Read more
U.S. livestock: Live cattle, hogs mostly weaker
Feeder cattle futures mixed
Chicago | Reuters — Chicago Mercantile Exchange live cattle and hog futures contracts were mostly weaker on Tuesday, with ample supplies weighing on prices. Traders also noted pressure from poor cash market values and concerns about demand due to worries about the global economy. “There probably is a little bit of a drag from outside […] Read more
Calving and pasture capacity videos
Reading Time: < 1 minute The Beef Cattle Research Council has a pair of new how-to videos. One focuses on the carrying capacity (grazing capacity) of a pasture. It gives an overview of the four keys to grazing management, features a Saskatchewan beef producer talking about his approach, and looks briefly at how to use the Carrying Capacity Calculator developed […] Read more
U.S. livestock: Feeder cattle fall after USDA report
June hogs rise above 10-day moving average
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts edged higher on Monday, while feeder cattle contracts fell, after U.S. government data released on Friday afternoon showed bigger-than-expected supplies in feedlots. The U.S. Agriculture Department’s monthly report showed that the number of U.S. cattle on feed, as of April 1, was down four per […] Read more
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