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Beef cattle

CME December 2022 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle firm as grain markets pressured

Hogs under seasonal price pressure

By ,
Chicago | Reuters — Live cattle futures firmed at the Chicago Mercantile Exchange (CME) on Thursday, as grain markets came under pressure from investor profit-taking even as the U.S. dollar tumbled on news U.S consumer prices rose less than expected in October, brokers said. December live cattle settled 1.5 cents higher at 153.075 cents/lb. February […] Read more
A persistent vet shortage in rural Canada is now spreading to urban centres.
News, News Roundup

Vet shortage persists across Canada

By
The vet shortage has been a problem for years in rural Canadian communities, but it’s now affecting urban centres. Trevor Lawson, the Canadian Veterinary Medical Association (CVMA) president-elect, says the CVMA commissioned a national workforce study in 2019 to understand why the shortage was still ongoing. “What we learned during that is that there’s a […] Read more
CME February 2023 live cattle (candlesticks) with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle settle lower as Wall Street slides

Feeder cattle, lean hogs also weaker

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Chicago | Reuters — Live cattle futures slipped at the Chicago Mercantile Exchange (CME) on Wednesday as the market came under pressure from steep losses in equities and a lack of supportive news, brokers said. December live cattle settled 1.475 cents lower at 151.575 cents/lb. (all figures US$). February live cattle dropped 0.625 cent to […] Read more
Concerns of a recession being just around the corner and global economic issues are weighing on consumers.
Beef Cattle, Markets, News

Beef demand reacting to inflationary pressures

The Markets with Deb McMillin, from the November 2022 issue of Canadian Cattlemen

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Fed cattle Canadian fed cattle prices are not experiencing the price strength that has been seen recently in the U.S., which is abnormal but has been the case a few times this year. Western Canadian feedlots were not as current as was expected for October. Reduced weekly kill numbers and decreased beef exports are contributing […] Read more
CME December 2022 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs end lower, consolidate after rally

December live cattle futures flat

By ,
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures pulled back on Tuesday as the market consolidated after climbing nearly five per cent during the previous session, brokers said. CME December hogs closed 1.475 cents, or 1.7 per cent, lower at 85.575 cents/lb. (all figures US$). Wholesale pork prices were also lower. The U.S. […] Read more
Each time anthrax hits the news, the veterinary community goes through a list of questions.
Livestock, Vet advice

Anthrax: A maverick killer for livestock that never grows old

Vet Advice with Dr. Ron Clarke

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Ancient Greece and Rome were well acquainted with anthrax many famous scholars from those times mentioned it in their writings. Today we continue to write about anthrax, partially because the soil-borne pathogen continues to surface as a livestock killer, mostly in small outbreaks, but makes remarkable news when discussed in the context of biological warfare […] Read more
(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Tighter supplies underpin western Canadian feeder market

Weather conditions may sway buying interest

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Compared to last week, western Canadian yearling prices were unchanged to $4 higher. Heavier calves notched a week-over-week gain of $2-$4. Mid-weight and lighter calves traded steady to $5 lower in Alberta but $4-$5 on either side of unchanged in Saskatchewan and Manitoba. Yearling numbers were limited and buyers paid up for quality packages while […] Read more
CME December 2022 lean hogs with 20-, 50- and 200-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs rally on bargain buying

Chicago live cattle firm

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped nearly five per cent on Monday on bargain buying after the benchmark December contract on Friday dipped to its lowest in nearly three weeks, traders said. CME December hogs settled up 4.075 cents at 87.05 cents/lb., surging in early moves after the contract was […] Read more

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