Chicago | Reuters — U.S. live cattle futures closed lower on Tuesday on profit-taking after rising to the highest levels in nearly eight years, with worries about the health of the U.S. economy adding to bearish sentiment, analysts said. Benchmark April live cattle futures on the Chicago Mercantile Exchange settled down 0.425 cent at 164.675 […] Read more
U.S. livestock: CME live cattle ease on profit-taking
February cattle lower after nearing eight-year top; hogs follow cash prices higher
U.S. livestock: CME live cattle near eight-year highs
Cash cattle markets firm up
Chicago | Reuters — U.S. live cattle futures climbed to contract and multi-year highs on Monday on optimism about firming cash cattle prices and tightening U.S. cattle supplies. Most-active April live cattle futures on the Chicago Mercantile Exchange settled up 1.15 cents at 165.1 cents/lb. after recording a contract high at 165.25 cents. Front-month February […] Read more
U.S. livestock: Cattle futures firm
CME hog futures hold steady
Chicago | Reuters — U.S. live cattle futures edged higher on Friday, with low animal weights supporting prices that hit their highest in nearly eight years earlier this week. “It’s a trend that doesn’t get reversed quickly, and likely sets us up for lighter weights well into the spring,” brokerage StoneX wrote in a note […] Read more
U.S. livestock: Cattle futures mixed, remain near highest since 2015
Chicago lean hogs end lower
Chicago | Reuters — U.S. cattle futures were narrowly mixed on Thursday, consolidating around the near eight-year high hit earlier in the week. Limited supplies in the cash market underpinned futures prices. “The packers will have to bid up to get these animals,” said Dan Smith, senior risk manager at Top Third Ag Marketing. “The […] Read more
U.S. livestock: Cattle futures firm, tight supplies underpin
Hogs up off 13-month lows
Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Wednesday, supported by tightening cattle supplies and strong cash trade that continue to push front-month futures to near eight-year highs. “The cash price outlook right now is very firm,” said Doug Houghton, technical analyst at Brock Capital Management. “The overall supply outlook is for […] Read more
Telemedicine is a way to get your veterinarian’s eyes on your farm
Trend of sending videos and pics instead of driving to a far-off clinic picked up during the pandemic
Reading Time: 3 minutes The use of telemedicine is growing, and if you’ve texted a video or a photo to your veterinarian, you’ve participated in it. “Telemedicine is defined as providing medical advice and treatment based on remote collection of information,” said Natasha Kutryk, the incoming president of the Alberta Veterinary Medicine Association. “There probably aren’t many farmers who […] Read more
U.S. livestock: Cattle futures ease off highest since 2015
Hogs up off lowest since late 2021
Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Tuesday, snapping an 11-session streak of gains on a profit-taking setback after hitting their highest in more than seven years. Some signs of weakness in the cash markets and concerns about profit margins added pressure. Hog futures were firmer after hitting their lowest in […] Read more
Feedlot expert named veterinarian of the year
Reading Time: < 1 minute Dr. Calvin Booker of Okotoks has been given the 2023 Veterinarian of the Year Award. Booker was recognized for his work in advancing feedlot veterinary services, including developing a data recording system for daily feedlot operations and using applied epidemiology to control disease. He was also praised for making “extraordinary contributions to bovine health through […] Read more
Klassen: Larger supplies of backgrounded cattle weigh on feeder complex
Compared to last week, western Canadian yearling markets traded steady to $3 lower. Calf prices were quoted $5 lower to $3 higher. Backgrounded cattle appeared to have a softer tone as more numbers come on the market. Usually, the bulk of the volume for backgrounded cattle are animals over 850 lbs. However, this year, the […] Read more
U.S. livestock: CME cattle futures extend winning streak
Front-month live cattle, feeders hit highest since 2015; lean hogs down
Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose for the 11th session in a row on Monday, hitting their highest in more than seven years as tight supplies continued to fuel a rally. Strength in the cash market added to the gains in cattle futures. But surplus supplies weighed on the hog markets, […] Read more
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