Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures closed stronger on Wednesday as the livestock markets recovered from losses in the previous session that were linked to fears of a global economic recession, traders said. Wall Street also finished higher, after broad declines in equities and commodities on Tuesday spilled over into […] Read more
U.S. livestock: CME cattle, hogs advance in turnaround from losses
Live hog futures in China drop sharply
U.S. livestock: CME live cattle fall on global recession worries
Lean hogs buck downward trend
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, following broad declines in commodities and Wall Street equities tied to fears of a global economic recession, traders said. “It’s the economy. You’ve got the fears of going into a recession,” said Don Roose, president of Iowa-based U.S. Commodities. “So goes the […] Read more
Klassen: Feeder cattle trade at 52-week highs
New-crop feed grain values under pressure
Compared to last week, western Canadian yearlings traded steady to $2 higher with exceptional demand noted on steers over 700 pounds. Calf values were mixed in Alberta with markets trading $2-$4 on either side of unchanged; however, prices were steady to $4 higher in Saskatchewan and Manitoba. Small groups of various quality characterized the feeder […] Read more
Keep an eye out for drought-caused nutrient deficiency in your cattle
Nutrient deficiencies have ripple effects, including slower gain and lower pregnancy rates
Reading Time: 4 minutes Feeding cattle through last year’s drought was tough enough — but for some producers, its impact on the health of their cattle isn’t over. “The biggest challenge for producers through the drought was finding good-quality feed for a feasible price. A lot of low-quality fibre like straw was fed,” said Courtney O’Keefe, ruminant nutritionist at […] Read more
Feed weekly outlook: Barley, wheat prices starting to soften
MarketsFarm – It appears that the days of feedlots on the Prairies primarily using corn may be coming to an end. After nearly a year of feedlots importing corn from the United States, due to tight supply and higher prices for feed barley and feed wheat in Western Canada, demand has mostly turned towards cereal […] Read more
Meat warning label proposal slammed by Alberta beef producers
Ground meat is a nutritious food and saying it is high in saturated fat is misleading and harmful, groups say
Reading Time: 3 minutes Alberta cattle producers say they are feeling betrayed by the federal government after Health Canada recently announced a plan to add saturated fat warning labels to ground meat. “Labelling ground beef — an affordable, nutritious and versatile protein, and a staple food for most Canadians — is misleading and does not make sense to us,” Alberta […] Read more
U.S. livestock: Hog futures rise to two-month high
CME cattle futures mixed
Chicago | Reuters — CME hog futures rose to their highest in two months on Tuesday as slowdowns on processing lines raised concerns about tightening supplies. Cattle futures were mixed, with feeder cattle contracts firming as falling corn prices improved prospects of cheaper feed and strong profit margins for packers. Live cattle contracts ended slightly […] Read more
Total ban on killing grizzly bears isn’t working, say cattle producers
ABP wants government to issue permits to kill bears that repeatedly kill cattle and damage property
Reading Time: 5 minutes The province’s main cattle group says producers should be able to get a permit to kill grizzly bears that repeatedly kill livestock and damage property. “Alberta Beef Producers has resolved to lobby the government to provide livestock owners and landowners with permits, allowing them to kill a dangerous grizzly without being charged,” said Brad Dubeau, […] Read more
U.S. livestock: CME live cattle up on rising cash prices
Lean hogs up in pre-long weekend trade
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed stronger on Friday on rising cash prices, while lean hog futures hit two-week highs, analysts said. Feeder cattle futures also ended firmer. The markets advanced as U.S. stocks bounced back from a sharp selloff in the prior session. Losses in equities and concerns about […] Read more
U.S. livestock: CME live cattle mixed on uncertain consumer demand
Export strength supports lean hogs
Indianapolis | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Thursday, with nearby contracts firming, while the most-active cattle futures eased pressured by inflationary concerns, though markets remain underpinned by tight cattle supplies across much of the U.S. Plains, analysts said. “The weakness comes from the uncertainty of the economy – how […] Read more