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Cow-calf

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Yearling prices consolidate, calf values soften

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Compared to last week, western Canadian yearling prices were relatively unchanged; however, calves weighing 500 to 700 lbs. were $2-$4 lower. Featherlight bawlers under 500 lbs. were down $6-$8 from seven days earlier. Strong feedlot buying interest supported quality groups of yearlings. Feed barley prices were down $5-$10 per tonne from last week while the […] Read more
Participants at the first Feedlot School offered by the Maritime Beef Council in 2017.
General, Research

Building foundational skills

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If you’re new to beef production or looking to expand your skillset, start with our roundup of resources for practical skills and knowledge No matter where you are in your career, there’s always value in learning something new. When the Maritime Beef Council created the Atlantic Beef School, the goal was to provide the region’s […] Read more
CME August 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines) and August 2021 live cattle (dark red open/high/low/close). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures rally as China buys pork

Cattle futures, beef cutout values lower

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Chicago | Reuters — Chicago Mercantile Exchange hog futures rose three per cent on Monday, supported by rising demand as China moved to buy pork for its reserves to shore up the domestic market, traders said. China’s state planner said on Monday that central and local governments will start buying pork for state reserves to […] Read more
CME August 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines) and August 2021 live cattle (dark red open/high/low/close). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures firm on technical buying

Cattle futures up ahead of USDA placements report

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Chicago | Reuters — Chicago Mercantile Exchange hog futures firmed on Friday, supported by technical buying after sagging to their lowest in nearly three months on Thursday, traders said. CME August hog futures, the most actively traded contract, ended up 1.075 cents at 99.775 cents (all figures US$). The wholesale U.S. pork carcass cutout price […] Read more
CME July 2021 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and brown lines) and August 2021 live cattle (dark red open/high/low/close). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: July hogs limit-down to lowest since late March

August live cattle down, feeders up

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Chicago | Reuters — Chicago Mercantile Exchange hog futures tumbled to their lowest in nearly three months on Thursday with rising supplies pressuring the market, traders said. CME July hogs settled down the 4.5-cent daily trading limit at 100.025 cents/lb. (all figures US$). That was the lowest for the front-month contract since March 29. Actively […] Read more
CME August 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines) and August 2021 live cattle (dark red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures fall as cash pork prices slide

Cattle futures, beef cutout values lower

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Chicago | Reuters — U.S. lean hog futures fell sharply on Wednesday, with the front-month Chicago Mercantile Exchange contract sinking 2.8 per cent to its lowest in more than two months. Weakness in the cash market pressured hog futures, traders said. CME July hogs settled down three cents at 104.525 cents/lb., its lowest since April […] Read more
EPD percentiles graph: A graph of an animal’s EPD percentiles is included along with the report, something several breed associations offer. This visual representation shows how the individual’s EPDs compare to the breed average, which is denoted by the line at the 50 per cent mark. (See more below)
Features, Livestock

EPDs: Inside the numbers

Breaking down a real-life EPD report to understand how to evaluate and apply genetic predictions

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Expected Progeny Differences (EPDs) predict the average performance of an animal’s future progeny for a specific trait, compared to other individuals’ progeny within the breed. They predict average group performance, rather than foretelling individual performance.  “If you have a bull with a weaning weight EPD of +50 and another one with a weaning weight EPD […] Read more
CME August 2021 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and brown lines) and August 2021 live cattle (red open/high/low/close). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs firm after five days of declines

CME August live cattle, feeder cattle up

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Chicago | Reuters — U.S. lean hog futures firmed on Tuesday, with the front-month contract snapping a five-session losing streak on some mild bargain-buying and short-covering, traders said. But concerns about waning export demand for U.S. supplies from China and Mexico kept the gains in check and hog futures remained near two-month lows. Mexico blocked […] Read more
CME October 2021 feeder cattle (candlesticks) with Bollinger (20,2) bands. (Barchart)
Finishers, Livestock, Markets

Klassen: Feeder market percolating higher

Weakness in feeder futures seen as temporary hiccup

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Compared to last week, western Canadian yearling prices were $1-$4 higher on average; calves were steady to $2 higher. Limited volume of calves under 600 lbs. made the market hard to define; however, strong demand was surfacing across all weight categories. The weaker Canadian dollar, along with stronger live cattle futures, set a positive tone. […] Read more
CME August 2021 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and brown lines) and August 2021 live cattle (red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs drop on weaker pork, falling prices in China

Live cattle down with cash beef prices; feeder cattle up as corn eases

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Chicago | Reuters — U.S. lean hog futures fell sharply on Monday, continuing a retreat from multi-year highs set earlier this month as cash pork prices dropped and worries increased about Chinese import demand for U.S. pork. Technical selling and profit-taking have sped the multi-session decline after the actively traded Chicago Mercantile Exchange August lean […] Read more

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