CME February 2023 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME hogs sink to three-month low on weak pork prices

Live cattle steady to higher

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Tuesday for the eighth time in nine sessions on concerns about pork demand and slumping pork prices, traders said. The actively traded February lean hog contract dropped to a three-month low as packer margins eroded and the pork cutout price slid to the […] Read more

Photo: iStock/Getty Images

Mintec acquires Agribriefing to expand agrifood data offering

Paris | Reuters — British market intelligence firm Mintec announced on Tuesday the acquisition of Agribriefing in a deal it said would create a leading global provider of data on agricultural and food markets. Financial details were not disclosed. Agribriefing’s businesses include protein price-reporting agency Urner Barry and crop consultancy Strategie Grains, the latter acquired […] Read more


Anchor D Garren’s Krush 524K.

News from the Canadian Simmental Association

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

Friends of Canadian Simmental Foundation scholarships valued at $3,000 each, were awarded to Ariel Wilcox of Treherne, Man., and Brodyn LaBatte of Gladmar, Sask. Wilcox is currently enrolled at the University of Manitoba to obtain her master’s degree of nursing and LaBatte is attending Olds College in Alberta, taking agriculture management with a major production.  […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market looks upward

Quality of available cattle contributes to volatility

Western Canadian feeder cattle prices were quite variable. Compared to three weeks ago, Alberta prices were steady to $2/cwt higher while in Saskatchewan, prices were $8-$10/cwt higher on average with lighter-weight cattle jumping as much as $15. For example, in central Alberta, higher-quality 800-lb. steers were trading from $230 to $235 and 600-pounders were valued […] Read more


CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME hogs up off three-month low on bargain buying

Chicago cattle futures also gain

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures bounced from a three-month low on Monday and settled higher for the first time in eight sessions in a technical and bargain-buying rally to start the first full trading week of the year. Cattle futures also gained on improved packer demand following recent weeks of […] Read more

Joe Engelhart believes strongly in taking a low-stress approach to managing over 4,600 cattle at the Spruce Ranching Co-operative southwest of Longview, Alta.

Spruce Ranching Co-operative banks on sustainability

Sustainability strategies are paying off at one of Alberta’s oldest grazing sites, but they also come with challenges

[UPDATED: Jan. 10, 2023] The vast, expansive area along the eastern slope of the southwestern Rocky Mountains is stunning, no matter the time of year, with miles of native grassland, abundant creeks and critters: both cattle and carnivores. However, the 22,500 acres of range at the Spruce Ranching Co-operative — locally known as the Spruce […] Read more


CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs extend slide to three-month low

Cattle also lower; "no urgency in this market right now"

Chicago | Reuters — CME lean hog futures sank to a three-month low and closed weaker for the seventh consecutive session on Friday on concerns about weak demand, brokers said. An increase in hog weights also hung over the market, after recent winter storms delayed processing and backed up livestock on farms, brokers said. Pork […] Read more

Characteristics of the cattle market

Characteristics of the cattle market

Market Talk with Jerry Klassen

Every year, I am a guest lecturer to a third-year agriculture economics class at the University of Manitoba. During the lecture, I provide an overview of the fed cattle market. More recently, I was having a discussion with feedlot operators, and they asked about the key to successful marketing and profitability for the feedlot operator. […] Read more


CME February 2023 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME lean hogs touch three-week low

Most live cattle futures settle lower

Chicago | Reuters — CME lean hog futures set a three-week low on Thursday, under pressure from losses in broader markets and following recent weakness in cash hog prices, analysts said. Feeder cattle futures also ended lower as the market pulled back one day after hitting a September high. Livestock markets took signals from a […] Read more

E. coli bacteria.

Researchers mapping genome of harmful E. coli

News Roundup from the January 2023 issue of Canadian Cattlemen

Alberta researchers at Agriculture and Agri-Food Canada and the Universities of Alberta, Calgary and Lethbridge are deciphering the genetic code of E. coli bacteria to map which strains may trigger disease in humans or be carried for a long time by apparently healthy people.  E. coli is part of the normal flora in the digestive […] Read more