Technical buying and short covering boosted lean hog futures at the Chicago Mercantile Exchange on Friday, traders said, extending gains a session after the market climbed by its daily maximum.
Beef cattle
U.S. livestock: Hogs extend gains after rally, end up 3 per cent for the week
Live cattle slipped somewhat but ended the week up 1.2 per cent
Fed cattle supplies are not tight
Market Talk with Jerry Klassen
The April 2024 live cattle futures reached a contract high of $199.82/cwt on September 15. Since then, the cash and futures markets have been grinding lower and at the time of writing this article, the April live cattle contract was at $175.50/cwt. I’ve received many calls from feedlot operators inquiring about market direction for the […] Read more
McGrath family finds economics in sustainability
Sean McGrath explains why economic and environmental sustainability go hand-in-hand on this family’s ranch
When you aim to produce the “best beef in a better world,” you’ve got a lot on your plate. But Sean McGrath tackles the target bite by bite. Values at the root of the Canadian Roundtable for Sustainable Beef have long been a part of the McGrath family’s fabric as ranchers. It’s kept them viable […] Read more
Succession support: Talking with peers helps producers in transition
Whether it’s a formal peer group or an informal network, producers in the middle of succession planning are connecting with each other
For Andrea van Iterson, discussing succession planning with her peers from her time in the Canadian Cattle Young Leaders Program is like therapy. “It’s kind of like mental health. The more we have conversations about it, the less stigma there is about talking about it.” Van Iterson lives and ranches near Westwold, B.C., where her […] Read more
U.S. livestock: Lean hogs finish weaker, set another contract low
Packers losing money processing beef due to tight supply
Chicago Mercantile Exchange lean hog futures set contract lows for a second consecutive session on Wednesday under pressure from ample supplies.
Updated Certified Sustainable Beef Framework released
The program, launched in 2017, came up for its five-year review in 2022
A new and improved Certified Sustainable Beef Framework has been released following its first, five-year review announced the Canadian Roundtable for Sustainable Beef (CRSB) today.
Fed cattle supply tightens
The Markets with Deb McMillin, from the January 2024 issue of Canadian Cattlemen
Fed cattle The fed cattle market has struggled since peaking in September. Lower fed cattle futures, lacklustre beef demand, increased beef imports and larger carcass weights contributed to lower prices in early December. The cash market was trading $8.74/cwt under the September high with a lift time of four to seven weeks. The fed cattle […] Read more
U.S. livestock: CME cattle hit November highs as lean hogs set contract lows
Large supplies of hogs continue to pressure futures, analysts said
Cattle futures stormed higher at the Chicago Mercantile Exchange (CME) on Tuesday, boosted by firmer U.S. cash trading last week, while hog futures set contract lows.
Wearable tech for cattle?
Researchers at the University of Calgary are looking into how collars on cattle might yield information to help producers improve bull performance and keep calves healthy
Efficiency is the name of the game in agriculture these days, with a need to find the best ways to increase the capacity of a producer’s operation. Open any agriculture newspaper or browser, and you’ll likely see a story laying out all the details of a new type of agricultural technology. At the University of […] Read more
Klassen: Feeder market quiets at year-end
Feeding margins have moved into negative territory, setting a negative tone for replacements
The last full week of 2023 was characterized by lower volumes and limited buying interest. Feedlot operators don’t want to weigh down schedules of hired hands over the holidays. Many auction barns were closed for the season while some held bred cows and bred heifer sales.
Canadian Cattlemen Presents: Depth of Field
