Chicago Mercantile Exchange (CME) cattle futures turned lower on Thursday amid a day of sideways and choppy trading, as wholesale beef prices dropped and cash cattle markets saw limited activity.
U.S. livestock: Livestock futures turn lower amid choppy trading
Federal budget includes positives and negatives for beef industry
From the May 2024 issue of Canadian Cattlemen
The 2024 federal budget came down on April 16 and it’s clear our advocacy efforts are making a difference. In late March, the government announced the advanced payment program will have a $250,000 interest-free limit for the 2024 program year. We are also glad to see that the government will continue to review the advanced […] Read more
Auction mart report for the week of May 10, 2024
Regional market analysis, courtesy of Heartland Livestock in Virden. Man.
This last week saw 2,260 head through the ring at Heartland Livestock in Virden, Man., with 90 per cent of those cattle being feeders and 10 per cent calves. Forty per cent of cattle went to southern Alberta buyers, 30 per cent stayed local, 20 per cent headed east and 10 per cent to the […] Read more
Comment: What we know so far about the bovine flu
By the time our May issue hits your mailbox, the bovine influenza situation may have changed. Hopefully, it will have fizzled out by May, but the birds are still coming north. So, here’s what we knew as of April 18 about the bovine influenza A outbreak in the U.S. The disease was first noted in […] Read more
Brazil floods hit food silos, disrupt routes to major grains port
Heavy flooding in southern Brazil has hit food storage facilities in lower areas while hampering the shipping of grains to port, jeopardizing the nation's exports and wreaking havoc to the economy of Rio Grande do Sul state, a large soy, rice, wheat and meat producer.
U.S. livestock: Live cattle, lean hogs rise on technical buying
Chicago Mercantile Exchange live cattle futures firmed on Tuesday on technical buying, while lean hog contracts ended higher in a technical and short-covering rebound following four days of declines.
Native plant 411 for livestock producers
The native plants in your pasture tell a story about everything from disturbances to soil quality
Southwest of Calgary, Alta., as the jagged peaks of the Rockies level out to the Prairies, rough fescue grows in dense tufts. This native plant is Alberta’s provincial grass and a tasty meal for livestock in the fall and winter. Saskatchewan’s provincial grass is needle-and-thread grass, named after its sharp seed tip and long awn. […] Read more
Klassen: Feeder cattle experience weather market
For the week ending May 4, Western Canadian feeder cattle prices were quite variable and the market was hard to define. Alberta and certain regions of Saskatchewan received snow, which caused the market to trade $3 to $5 lower. However, in Eastern Saskatchewan and Manitoba, feeder cattle prices were steady to $3 higher.
U.S. livestock: CME cattle futures mixed, hog futures lower, amid demand questions
Chicago | Reuters – Chicago Mercantile Exchange cattle futures ended Monday mixed, after conflicting market signals sent feeder cattle futures lower and nearby live cattle contracts slightly higher. Lean hog futures eased, as market participants wrestled with growing uncertainty over consumer demand for meat as the U.S. enters into the traditional summer grilling season. In […] Read more
Water systems for cattle operations
A water system can help beef producers make the best use possible of their resources
In Western Canada, the land aches for water. Drought has plagued parts of the Prairies for years now. Water levels in rivers, lakes and producers’ dugouts have dropped. Grass in the summer looks the same as it does in the fall — brown, crunchy and dead. The concern lingers going into the growing and calving […] Read more
Canadian Cattlemen Presents: Depth of Field
