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Cow-calf

CME December 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle follow boxed beef lower

Feeder cattle mostly firmer, hogs lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures sagged on Monday as beef prices fell and brokers worried that U.S. demand for steaks and hamburgers will decline after the upcoming Labour Day holiday weekend. Beef prices have softened after reaching their highest price since May 2020 last week as retailers stocked up for […] Read more
CME October 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines) and lean hog cash index (blue line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs rise, narrowing discount to cash market

Technical selling drags on live cattle

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed on Friday, led by the nearby October contract, in a technical and bargain-buying rally that narrowed the market’s sizeable discount to the exchange’s lean hog index, traders said. Actively traded October futures scaled to a 3-1/2 week peak and closed near its session high, […] Read more
Dittmer: Senate hearing elicits critical facts and logic
Comment/Columns, Free Market Reflections

Dittmer: Senate hearing elicits critical facts and logic

Free Market Reflections with Steve Dittmer

By
A Senate hearing on your industry is always dangerous. It’s especially dangerous now for the U.S. cattle industry. Two Senate bills would mandate that each major packing plant procure 50 per cent of its cattle weekly by negotiated cash. The furor in the industry about such a drastic move, the remembered pandemic spectre of empty […] Read more
CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (red, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures fall on lower cash cattle

Hogs down on supply expectations

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a third day on Thursday, as the softer cash market in the southern U.S. Plains weighed on futures, traders said. “This cash just continues to struggle,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc. “We’ve just got that anchor in […] Read more
News, Purely Purebred

Canadian Simmental Association elects directors

Purely Purebred, news from the August 2021 issue of Canadian Cattlemen

By
Ben Farrant of Red Deer, Alta., has joined the Canadian Simmental Association board. He will be joining incumbent director Byron Johnson of Amisk, Alta., who is returning for his second term. Scott Matthews of Canton de Hatley, Que., was elected by acclamation. Past president Garth Rancier of Killam, Alta., and Francis Gagnon of Cheneville, Que., […] Read more
File photo of a platter of sliced raw beef served in Singapore for use in shabu-shabu, a Japanese-style hotpot dish. (Kenneth Chew/iStock/Getty Images)
Beef Cattle, Livestock

Singapore clears all Canadian beef for import

Country first to lift BSE-era restrictions under new status

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Canada’s new official international status as a “negligible risk” country for bovine spongiform encephalopathy now has its first recognition from a beef-importing nation. Singapore has approved the Canadian Food Inspection Agency’s certificate for exports of all Canadian beef, including beef offal, with no restrictions on the age of the cattle from which the beef was […] Read more
CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures ease as beef prices cool

Lean hog index still at premium to futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Wednesday, as beef prices eased ahead of the Labour Day holiday, traditionally a big beef consumption holiday, traders said. “We’re getting into that lull period ahead of the Labour Day holiday, where the retailers have already got their product purchased from the packers,” […] Read more
CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and brown lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures post new highs, end mixed

Hogs down on supply outlook

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied to contract highs on Tuesday but ended mixed, with nearby contracts pressured by ideas that beef prices are topping out after a surge to nearly 15-month highs, traders said. Deferred live cattle contracts, however, were higher on the day on concerns about tight cattle […] Read more
Matching economics with reality on the ranch
Beef Cattle, Features

Matching economics with reality on the ranch

As Laura and Grant Smith expand their cow-calf operation, they’re applying what they learned from Ranching for Profit to decisions ranging from buying cows to grazing plans

By
Grant and Laura Smith own and operate Brush Hills Ranch near Bentley, Alta. The couple ran an oil and gas service company for 14 years, but recently sold their share of the business and expanded their cow-calf operation from 25 to 180 head, while also adding a small heifer development program. “We have a real […] Read more

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