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Cow-calf

CME February 2023 lean hogs with 20-day moving average (pink line) and CME cash lean hog index (blue line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME February hogs hit two-month low

China COVID-19 concerns a factor; live cattle close higher

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Chicago | Reuters — CME live hog futures fell to a two-month low on Monday, notching their fifth straight day of declines on concerns that Chinese pork consumption will fall during the country’s upcoming Lunar New Year celebrations, traders said. Cattle futures were firm, with strength in the cash market underpinning prices. Weakness in Chinese […] Read more
Graeme Finn’s pasture with alfalfa, Glenview sainfoin and cicer milkvetch, all legumes that help boost fertility.
Cow-Calf, Features, Livestock

Feeding cows for fertility

The right vitamin and mineral package, and high-quality forage, can boost a herd’s conception rate

By
The year is 1993 and Graeme Finn is saying goodbye to the blue skies and heat of Australia, replacing them with the gentle hills and crisp winters of Madden, Alta. Here, he starts a beef operation with his wife, Heather and their two daughters. With 2,800 acres of pasture rented, Finn is passionate about using […] Read more
CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle firm on cash resiliency

Lean hogs down on supply outlook

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange climbed on Friday, supported by resilient cash cattle prices across the U.S. Plains this week, traders said. “We had cash come right back,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc. “Cash was a dollar better in the south.” Cash […] Read more
Klassen: Feeder cattle market outlook
Market talk, Markets

Klassen: Feeder cattle market outlook

Market Talk with Jerry Klassen

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Feeder cattle markets in Western Canada have been trading near seven-year highs throughout the fall. Feeder cattle supplies are sharply below year-ago levels on both sides of the border. While supplies are tighter, demand from feedlots for replacement cattle has been significantly greater than last year. Finishing operators in Western Canada have been able to […] Read more
CME January 2023 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures firm despite softer cash cattle

Hog futures down as exports disappoint

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Chicago | Reuters — Feeder cattle futures on the Chicago Mercantile Exchange climbed on Thursday, supported by sluggish corn futures, while live cattle gains were muted as meatpackers offered lower cash cattle prices this week, traders said. “They’ve backed off a bit in the cash market,” said Doug Houghton, technical analyst at Brock Capital Management. […] Read more
CME February 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle ease on seasonal retail softness

February hogs lower despite export optimism

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange dipped on Wednesday, as easing post-holiday retail demand, combined with strong cash cattle prices, eats into processor profitability. “This week specifically is when we transition to buying for a lower-demand period, post-holidays,” said Rich Nelson, chief strategist at Allendale Inc. “Packer margins are […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle market experiences diverse price behaviour

Manitoba calves hold a premium over Sask., Alta.

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Compared to last week, western Canadian yearling markets traded steady to $2 higher while calf prices were unchanged to $4 lower. Yearling supplies are limited and there appeared to be a surge of buying interest for 850-lb. thin-fleshed replacements. Alberta fed cattle basis levels for the second quarter of 2023 have above average and the […] Read more
CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle fall on wholesale beef weakness

Feeder cattle, February hogs also lower

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange slid on Tuesday, pressured by falling wholesale beef prices. “We had a really disappointing box beef value fall off to start the week yesterday, and a little follow through today,” said Matthew Wiegand, risk management consultant at FuturesOne. Most retailers have completed purchases […] Read more
Despite high feed grain costs and seasonally larger supplies, the feeder calf market has held on considerably well.
Beef Cattle, Markets, News

Fed cattle market struggles, feeder exports seen slower

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

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Fed cattle The local fed market continues to struggle. The wide basis has started to encourage additional U.S. buyer interest, but large carcass weights and longer lift times are making it difficult to stay current. Steer carcass weights are at near-record levels, at 972 lbs. in mid-November, which compares to 946 lbs. last year. The […] Read more

Canadian Cattlemen Presents: Depth of Field

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