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Beef cattle

CME October 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Technical selling extends setback in CME lean hogs

Live cattle futures generally sideways

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Chicago | Reuters — Chart-based selling drove Chicago Mercantile Exchange lean hog futures lower on Tuesday, brokers said, as the market extended a recent setback. Most-active October lean hog futures fell 0.95 cent, or 1.2 per cent, to settle at 78.2 cents/lb. and touched their lowest price since July 3 (all figures US$). The contract […] Read more
“…putting in these really strict hours of service regulations has handcuffed the trucking industry and the markets, especially in the fall run. I don’t know how we’re ever going to get all the cattle moved.” – Rick Wright, Livestock Markets Association of Canada.
Livestock, News, Transportation

Electronic logs in trucking industry raise concerns for fall cattle run

A shortage of drivers combined with regulations around rest times could add up to complications for truckers and auction marts this fall

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Truck drivers have always travelled for long hours — especially when hauling livestock over the prairie or into the boreal forest of northern Ontario to their destination. Such trips illustrate the tricky balance between ensuring drivers get enough rest, yet complete the trip as quickly as possible for the sake of the animals they’re hauling. […] Read more
(Geralyn Wichers file photo)
Finishers, Livestock, Markets

Klassen: Feeder market consolidates

USDA report considered supportive for Q4 fed cattle

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Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. The steam appears to be coming off the market as larger volumes become available. Pastures have basically dried up in many areas of Western Canada, which has spurred on producer selling. The calf market was hard to define due to […] Read more
Smoke rises from a wildfire near Wildwood, Alta., about 100 km west of Edmonton, on May 5, 2023. (Photo: Alberta Wildfire/Handout via Reuters)
General, Markets, Weather

Alberta farmers granted late AgriStability entry

Enrolment deadline now Sept. 29

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Any Alberta producers who were considering AgriStability — but only in hindsight — for the income stabilization plan’s 2023 program year now have until Sept. 29 to apply. Ottawa and the province announced Aug. 4 that they’ve reopened the jointly-funded program, as wildfires and/or “extremely dry” growing conditions have dragged on many Alberta producers’ work […] Read more
JBS signage at Greeley, Colorado. (JBS.com.br)
Beef Cattle, Livestock, Markets, Reuters

JBS posts quarterly loss on tight U.S. beef margins

'Greater balance' forecasted for global chicken supply

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Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for its beef business in the U.S., where it gets most of its sales. JBS reported a net loss of 263.6 million reais (C$73.8 million), the […] Read more
News, Purely Purebred

News from the Canadian Charolais Association

Purely Purebred, news from the August 2023 issue of Canadian Cattlemen

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The Canadian Charolais Association held its annual meeting on June 9 in Innisfail, Alta. Shawn Airey of Rivers, Man., was elected president, with Ryan Nesbitt of Nestleton, Ont., as first vice-president. Josh Taylor of Dunford, Ont., is the second vice-president. The rest of the board comprises Kasey Phillips of Waskatenau, Alta.; Rod McLeod of Cochrane, […] Read more
Dr. Emily Snyder collects blood samples every three weeks from 82 healthy cattle to determine normal serotonin levels as part of her research into a deadly lung condition.
Livestock, News

Respiratory diseases in cattle, including AIP, pique veterinarian’s curiosity

Dr. Emily Snyder’s curiosity over the years has led her to a place where improving the health of beef cattle is of utmost importance

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“My big motivation is my own curiosity. I’m interested in knowing why animals get sick and what’s the cause of it,” said Snyder (DVM, PhD), an assistant professor in the Department of Large Animal Clinical Sciences at the University of Saskatchewan’s Western College of Veterinary Medicine.  Snyder, who is from Iowa, didn’t grow up around […] Read more
CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures fall as packers’ profit margins in red

Lean hog futures show gains

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday, as cash cattle prices eased and packers continued to hemorrhage profits and remained reluctant to pay more for animals, analysts and traders said. Meanwhile, lean hog futures firmed as profit margins improved for pork processors. Limited cattle supplies kept a floor under the […] Read more

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