Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell to their lowest price in more than a month, while feeder cattle sank below a one-week low on Monday on profit-taking following recent rallies, brokers said. Feeder cattle closed lower for the third consecutive session after the front-month contract touched a 2015 high last […] Read more
U.S. livestock: CME live cattle hit one-month low on profit-taking
Hogs, feeder cattle also lower
U.S. livestock: CME feeder cattle retreat as corn prices rise
Live cattle also lower, lean hogs up
Chicago | Reuters — Feeder cattle futures on Friday extended a setback from 2015 highs the front-month contract reached this week, as rising corn prices temporarily dampened expectations for cheaper livestock feed, analysts said. Corn futures ended higher on the Chicago Board of Trade after sliding earlier to a seven-month low. Feed is generally the […] Read more
U.S. livestock: CME feeder cattle pull back
CME lean hogs end day mixed
Chicago | Reuters — Feeder cattle futures on the Chicago Mercantile Exchange on Thursday ended lower on Thursday as the front-month contract pulled back from its highest prices in nearly 7-1/2 years. Traders took some profits after futures rallied recently on falling corn prices, brokers said, adding that continued declines in the corn market could […] Read more
Feedlots a big economic engine for Alberta
Reading Time: < 1 minute Alberta Cattle Feeders’ Association has produced a promotional video highlighting the sector’s economic impact in the province. Based on 2020 data compiled by ag consulting firm Serecon, the sector generates $2.9 billion in economic activity annually. Roughly a third of that comes directly from the sector and the other two-thirds in spinoffs. For every animal […] Read more
U.S. livestock: Feeder cattle highest since 2015 as corn sags
Live cattle mixed, hogs mostly higher
Chicago | Reuters — Front-month feeder cattle futures on the Chicago Mercantile Exchange hit the highest in nearly 7-1/2 years on Wednesday as falling prices for corn signaled cheaper feed costs, traders said. CME April feeder cattle futures settled up 1.4 cents at 200.075 cents/lb. after setting a life-of-contract high of 200.225 cents (all figures […] Read more
Farm Credit Canada forecasts cattle prices to strengthen
Reading Time: < 1 minute Farm Credit Canada is forecasting much higher cattle prices this year. The lender predicts hundred-weight prices for 550-pound steers will average $270 (versus $225 last year) and $225 for 850-lb. steers (versus $185 in 2022). “The robust prices will be a big reason margins in the cow-calf sector are forecast to be strong in 2023 […] Read more
U.S. livestock: CME feeder cattle climb to another contract high
April live cattle lower, lean hogs up
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures reached a contract high for a second consecutive session on Tuesday, while live cattle futures retreated from a contract high set a day earlier, brokers said. Reduced U.S. herd sizes due to drought have propelled futures higher recently, though some brokers said supply concerns have […] Read more
Imagine moving your cattle with just a swipe on a smartphone
Nofence is already in use in Europe and now researchers are putting it to the test here
Reading Time: 4 minutes The idea is appealing: Imagine moving your cattle from the comfort of your armchair or while you’re away from the ranch. And it could become reality, says a University of Alberta professor who is testing Nofence collars, a product that its Norwegian maker bills as “the world’s first virtual fence for livestock.” “We see a […] Read more
U.S. livestock: CME feeder cattle set contract high on tightening supplies
Chicago live cattle also up, lean hogs down
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures jumped to a new contract high on Monday on firm cash prices and increasing concerns about reduced U.S. herd numbers, analysts said. Traders focused on tighter cattle supplies as demand from meatpackers for livestock to slaughter remained strong. Ranchers have reduced herd sizes due to […] Read more
Feed cows at night, birth calves by day? It might work, but is it worth it?
Feeding pregnant cows in the evening may increase the odds of daytime calving, but there’s a but
Reading Time: 3 minutes Feeding pregnant cows at night may increase the chances that they will conveniently calve in daytime. “I think there could be some merit,” said Dr. Cody Creelman. “I’ve had several clients over the years try it. Several have thought it’s perhaps a good feeding method and they think that it does have the desired effect.” […] Read more