Chicago | Reuters — Feeder cattle futures on the Chicago Mercantile Exchange firmed on Friday, supported by lower feed grain costs and resilient live cattle futures, traders said. “The market has held together well, so there’s optimism there. Then you’ve got the grain market down double digits today, and down the day before,” said Altin […] Read more
U.S. livestock: CME feeder, live cattle firm as trade eyes supplies
February lean hogs close higher
U.S. livestock: CME lean hogs firm with supplies in focus
Feeder cattle up on supply expectations
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange firmed on Thursday, erasing the week’s earlier losses as smaller supplies of market-ready hogs offset seasonal pressure. “Fundamentally, we know we’re fairly tight on supplies. We’re not getting expansion,” said Alan Brugler, president of Brugler Marketing. The CME February lean hogs contract added […] Read more
Beef mentorship program a quiet success
Eight years on, a unique program connecting ranches and research labs proves its worth
Reading Time: 4 minutes It’s been a parade of PhDs, a cavalcade of scholars, an array of academics. Call it what you will, but the number of researchers who have gone through an innovative mentorship program started as a one-year pilot eight years ago is well into the double digits. The tally is now up to three dozen on […] Read more
The door is opening for UHF livestock tags
Reading Time: < 1 minute The Canadian Cattle Identification Agency has launched an initiative that links non-approved Ultra High Frequency (UHF) secondary tags to agency approved tags in the Canadian Livestock Tracking System database. “This is a positive step forward in supporting UHF currently being used for management purposes and in some cases, it will facilitate cattle exports and provide […] Read more
U.S. livestock: CME live cattle firm on strong cash trade
Hogs firm after five days' decline
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange firmed on Wednesday, supported by strong cash markets and a steady pace of processing. “Even though there’s a seasonal pullback for the next couple of weeks, it doesn’t look like cash wants to break,” said Scott Varilek, broker at Kooima Kooima Varilek Trading […] Read more
Cattle producers ‘aligned’ with climate goals
Reading Time: < 1 minute The benefits from well-managed livestock systems got some recognition at the recent COP27 in Egypt, says Alberta cattle producer Bob Lowe, who attended the UN’s annual climate conference as an official observer. “Beef producers experience climate-related events firsthand and we work every day to continuously improve our working landscapes for generations to come,” Lowe said […] Read more
U.S. livestock: February hogs fall on high supply, export demand concerns
Cattle futures up but seasonal pressures await
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange eased for a fifth consecutive session on Tuesday, pressured by a combination added seasonal supply and deflated demand as China faces protests over COVID-19 lockdowns. “This three-week period, we’re pushing a large supply of hogs through the system,” said Rich Nelson, chief strategist […] Read more
Alberta company grabs top prize at Agri-Trade’s innovation contest
The Cowgo Loading System beat four other competitors to take the $20,000 grand prize
Reading Time: < 1 minute An Alberta company loaded up the big prize at Agri-Trade Equipment Expo’s Ag Innovations competition earlier this month. Opend Range Ltd. of Daysland was awarded the $20,000 grand prize for its Cowgo Loading System, which turns any cattle liner into a ground load trailer. [RELATED] Long-haul transport rules not supported by science, says cattle sector […] Read more
U.S. livestock: CME lean hog futures tumble on China demand worries
Cattle futures lower despite bullish fundamentals
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell more than four per cent on Monday, pressured by worries about Chinese demand for U.S. pork and expectations of a seasonal slide in wholesale ham prices, traders said. The CME February lean hogs contract settled down 3.75 cents at 84.75 cents/lb. after […] Read more
U.S. livestock: CME futures slip after short, choppy trading day
Beef, pork packer margins in red Friday
Chicago | Reuters — Cattle futures fell on a short, choppy day of trading on Friday, as technical trading had some contracts up earlier in the session even as corn prices firmed, traders said. CME lean hog futures also eased back. The Chicago-traded livestock markets closed early on Friday, and were closed on Thursday for […] Read more
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