Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Friday, with the nearby contract firming while the most-active month eased, pressured by expectations of increased cattle placements in the U.S. Agriculture Department’s monthly assessment. U.S. feedlots held two per cent more cattle on May 1 versus the same time a year […] Read more
U.S. livestock: August live cattle, feeders ease on USDA report
Chicago lean hog futures firm
U.S. livestock: CME live cattle mixed as traders await USDA data
Lean hog futures turn lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Thursday as traders awaited U.S. Department of Agriculture data on the number of cattle in feedlots. USDA’s Cattle on Feed report, due Friday at 2 p.m. CT, is expected to show U.S. feedlots held 1.3 per cent more on May 1, compared […] Read more
Drought aid tops $350-million
Reading Time: < 1 minute Government aid for drought-hit Alberta producers has put more than one-third of a billion dollars in their hands. The first round of the Canada-Alberta Livestock Feed Assistance Initiative paid out more than $180 million on 14,000 applications for more than 2.1 million animals. It paid a flat rate of $94 per breeding cow, the federal […] Read more
U.S. livestock: CME cattle fall with equities
Concerns remain over U.S. consumer demand
Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures dropped on Wednesday as traders reduced risk amid steep losses in the stock market, analysts said. Lean hog futures strengthened at the CME. Cattle futures are more sensitive than hogs to falling stock prices, said Dan Norcini, an independent livestock trader. Wall […] Read more
Klassen: Feeder market develops two-tier price structure
Compared to last week, western Canadian yearlings markets traded $2-$4 higher on average; feeder cattle in the 600- to 800-pound weight category were up $3 to as much as $6 while calves under 600 lbs. traded $4-$8 higher. The Canadian dollar strengthened on Friday but the softer tone from Monday through Thursday contributed to the […] Read more
U.S. livestock: CME lean hogs extend recovery from recent slide
Live cattle, feeder cattle lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose for a third consecutive session on Tuesday as the market continued to recover from oversold conditions, traders said. Live cattle and feeder cattle futures ended lower. Short-covering helped propel hog futures higher following recent declines, said Matt Wiegand, commodity broker for FuturesOne. The market […] Read more
Skimping on livestock care can be costly
Reading Time: < 1 minute Livestock producers are being urged to “think twice” before cutting back on health measures. While “there is pressure this spring to reduce input costs wherever possible,” short-term savings can backfire in the longer term, says a new blog from the Beef Cattle Research Council. “Skimping on your vaccination or vitamin and mineral programs may save […] Read more
U.S. livestock: CME live cattle futures bounce from losses
Chicago lean hogs also rebound; August feeder cattle lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Monday in a rebound from recent losses, while feeder cattle futures stumbled under pressure from rising costs for grains used for livestock feed. Live cattle were technically oversold and due for a bounce, brokers said. Futures were also due to rally because […] Read more
Young and passionate: Why these ranchers are taking a seat at the table
It’s about focusing on things that matter now in order to build a better future, say these young leaders
Reading Time: 7 minutes Young producers are coming to the Alberta Beef Producers’ table — and they’re bringing their ideas and passions with them. Kaylee Chizawsky is one of them. The fourth-generation cattle farmer is one of a number of younger people serving as a delegate or board member for the five-decade-old organization. It’s important that her generation “advocate […] Read more
U.S. livestock: CME lean hogs bounce after recent losses
June live cattle, August feeder cattle up
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded on Friday after dropping a day earlier to their lowest prices since January. The market was due for a bounce following a recent slide that was driven by concerns about weakening U.S. demand and technical selling, analysts said. The most-active June hogs contract ended […] Read more
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