Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange eased on Friday, pressured by softening cash trade across the U.S. Plains, though markets remain supported by tightening supplies as producers continue to liquidate their herds, analysts said. “Our short-term supply issues are still front and centre. We’re running two-three per cent […] Read more
U.S. livestock: CME live cattle lower, underpinned by tight supply
October lean hogs also lower
U.S. livestock: CME December hogs ease
U.S. hog herd shrinks; cattle futures firm
Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange eased on Thursday ahead of the U.S. Agriculture Department’s quarterly hog and pigs report, released after the market closed. CME October hogs firmed 0.75 cent at 89.45 cents/lb., but most-active December hogs fell 0.1 cent to 75.725 cents/lb. (all figures US$). […] Read more
Florida farmers scramble to reach cattle after Hurricane Ian
Chicago | Reuters — Farmers in Florida rushed to reach their cattle on Thursday after trees downed by Hurricane Ian broke fences used to contain the animals and rain from the fierce storm flooded fields used for grazing. One of the mightiest storms to hit the U.S. mainland in recent years, Ian flooded communities on […] Read more
Birthweight isn’t as straightforward as it should be
Believe it or not, the methods for determining this critical number can vary a great deal
Reading Time: 3 minutes Purebred producers diligently weigh their calves to give the purebred bull purchasers an accurate prediction, adding that information to data on bull selection and calving ease. It is highly heritable, so birthweight and birthweight EPDs, as well as calving ease, are usually listed in bull sale catalogues. Purebred and commercial products need to be aware […] Read more
U.S. livestock: CME December hogs extend slide on long liquidation
Cattle futures down on demand concerns
Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange continued their slide on Wednesday, hitting a nine-month low on recession worries and long liquidation. CME October hogs ended up 0.675 cent at 89.375 cents/lb. (all figures US$). But most-active December hogs fell 0.425 cent to settle at 75.825 cents/lb. after […] Read more
U.S. livestock: CME hogs tumble to nine-month low on recession fears
Chicago live cattle end mixed
Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange fell for a fifth consecutive session on Tuesday, touching a nine-month low as fears of a recession hurting consumer demand for meat triggered another round of long liquidation, traders said. Sliding prices for cash hogs and wholesale pork added to bearish […] Read more
Virtual fence systems could be the next breakthrough in ranching
Though this technology is taking off in Europe and being studied here, it’s still early days
Reading Time: 4 minutes Research on virtual fences for livestock is gaining momentum in Western Canada. One technology being studied uses collars on animals that emit a series of audio warnings and, if need be, an electric pulse, when livestock approach an invisible boundary set with GPS coordinates. “The animals are actually able to get trained with the collars […] Read more
Klassen: Steady demand underpins feeder cattle complex
Compared to last week, Alberta yearling markets traded $2-$4 on either side of unchanged; however, 800-pound-plus cattle in Manitoba and Saskatchewan appeared to trade $4-$6 higher. Yearling prices across the Prairies are now relatively even with no freight discounts from major southern Alberta markets. Calf markets are becoming more defined with larger volumes on offer. […] Read more
U.S. livestock: CME cattle, hog futures fall to multi-month lows
Recession fears eat at demand expectations
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit a two-month low on Monday and the benchmark December lean hogs contract hit an eight-month low as worries about the U.S. and world economy triggered a round of long liquidation, analysts said. “This market is looking for positive news, and not finding a lot. […] Read more
U.S. livestock: CME live cattle, lean hogs slide on recession worries
Feeder cattle up on lower corn prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell to their lowest level since early August on Friday on fears of a global recession that could curb demand for commodities including beef, traders said. CME October live cattle settled down 0.6 cent at 144.25 cents/lb. and the most-active December contract fell 0.8 cent […] Read more
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