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CME June 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs bounce after recent losses

June live cattle, August feeder cattle up

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded on Friday after dropping a day earlier to their lowest prices since January. The market was due for a bounce following a recent slide that was driven by concerns about weakening U.S. demand and technical selling, analysts said. The most-active June hogs contract ended […] Read more
BeefWatch: Canada’s cattle herd shrinks, beef exports very strong
Beef Cattle, Beef Watch, News

BeefWatch: Canada’s cattle herd shrinks, beef exports very strong

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association

By
Canadian and U.S. cattle inventories continued to contract at the start of 2022. Cattle supplies remained ample in the near term with large on-feed inventories but are expected to tighten in the second half of the year with a shrinking cow herd and smaller calf crop. Beef exports were remarkably strong in 2021 with record-high […] Read more
CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs weaken amid demand concerns

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Chicago | Reuters — Chicago Mercantile Exchange livestock futures fell on Thursday, as high meat prices are threatening U.S. demand, analysts said. Concerns that inflation could remain elevated for longer than anticipated weighed on the markets because higher prices could reduce meat sales, analysts said. Traders also watched a rise in prices for grain used […] Read more
Thanks to the efforts of research scientists, modelling cattle performance has come a long way.
Livestock, Nutrition

Predicting cattle performance is not a simple science

Nutrition with John McKinnon

By
As a nutritionist, one of my tasks is to develop feeding programs that handle a variety of cattle types. In most cases, producers will have performance expectations for the cattle they feed. In the case of backgrounding cattle, this might involve targeting a specific average daily gain for a defined period. Finishing cattle usually involves […] Read more
Alberta’s Advanced Education Minister Demetrios Nicolaides announces funding for the University of Calgary’s faculty of veterinary medicine on May 10, 2022 at the university’s Spyhill campus. (Government of Alberta video screengrab via YouTube)
Livestock

More funds put up to boost Calgary vet school enrolment

Funding added for more staff, materials on top of infrastructure money

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The University of Calgary’s faculty of veterinary medicine, fresh off a major capital funding boost in February’s provincial budget, now gets another $8.4 million over three years to help expand enrolment. “This targeted enrolment funding will go towards hiring on more faculty/staff to teach the increased number of students,” Sam Blackett, press secretary for Advanced […] Read more
CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs drop to January lows on demand worries

Live cattle up, feeder cattle down

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Chicago | Reuters — CME lean hog futures on Wednesday fell to their lowest prices since January amid concerns about demand for U.S. pork, analysts said. Inflation and a decline in U.S. pork exports to China, the world’s top pork consumer, are hurting demand, analysts said. The consumer price index rose 8.3 per cent in […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market starts seasonal rally

Ontario demand leads charge higher in Manitoba

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Compared to last week, western Canadian yearling markets traded $4 to as much as $6 higher on average. Calf markets were sharply higher. Auction barns in Manitoba reported calf prices up $8-$10 on average with certain pockets up as much $15. Calf markets in Alberta and Saskatchewan were up a solid $5-$8 from week-ago levels. […] Read more
CME June 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and brown lines) and CME lean hog index (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs firm nearby

Outside markets pressure live cattle

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Chicago | Reuters — CME’s nearby lean hog futures firmed on Tuesday, incentivizing producers to sell market-ready hogs rather than hold them for premiums later in the summer, analysts said. High futures prices “may have encouraged producers to take a little more risk,” said Altin Kalo, economist at Steiner Consulting Group. “When you’ve got such […] Read more
CME June 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle firm on strong packer demand

Export demand concerns drag on hogs

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Chicago | Reuters — CME live cattle futures firmed on Monday, supported by strong packer demand that supported cash prices, indicating a bullish outlook for summer month futures, analysts said. “Packer behaviour has been bullish for several weeks now. They are going after the cattle,” said Dennis Smith, commodity broker at Archer Financial. “I suspect […] Read more
CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs slip on demand concerns

Inflation on U.S. retail meat a worry

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Chicago | Reuters — CME Group live cattle and hog futures slumped on Friday, as investors worried about the prospect of food inflation weighing heavy on U.S. consumer meat demand as the summer grilling season gets underway, analysts said. Benchmark June lean hogs settled the day down 2.975 cents, to 104.1 cents/lb. (all figures US$). […] Read more

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