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CME April 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle end firm, hogs ease on profit-taking

Feeder cattle futures touch two-week top

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures edged higher on Friday on technical buying and as feeder cattle futures hit a two-week top on optimism about softening feed prices, analysts said. CME April live cattle settled up 0.475 cent at 119 cents/lb., holding above chart support at its 100-day moving average […] Read more
A Western blot analysis, used to detect specific proteins in tissue samples, is used to confirm BSE in cattle. (Peggy Greb photo courtesy ARS/USDA)
Beef Cattle, Dairy Cattle, Livestock

Canada clears step toward ‘negligible risk’ BSE status

OIE delegates to vote in late May, CFIA says

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The international committee that reviews countries’ requests for animal health status on specific diseases has called for Canada to level up on its status for BSE. The Scientific Commission of the OIE (World Organization for Animal Health), which last met virtually over Feb. 1-12, has recommended to OIE delegates that Canada’s application seeking “negligible risk” […] Read more
CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs hit contract highs, led by strong cash markets

Live cattle futures close mixed

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures surged three per cent on Thursday, setting life-of-contract highs on firming cash hog markets and rising wholesale pork prices, traders said. CME April lean hog futures settled up 2.725 cents at 91.5 cents/lb. after recording a contract high at 91.7 cents (all figures US$). […] Read more
Three generations of the Oberle Farm with the triplets. Left to right: grandfather Ralph Oberle, grandson Mackenzie Oberle and son Kelly Oberle.
News, Purely Purebred

Oberle Farms sees two sets of Charolais triplets

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

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Most cattlemen would agree that single calves are the norm, with the odd set of twin calves making an appearance. Triplets are not normally ever seen in a lifetime. How about two sets of triplets on the same farm? Oberle Farms is a purebred Charolais farm near Shaunavon in southwest Saskatchewan that had triplets within […] Read more
CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hog futures higher, cattle end lower

Corn's setback supportive for cattle

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended higher on Wednesday, led by firming cash hog prices and rising wholesale pork prices, traders said. CME April lean hog futures ended up 0.425 cent at 88.775 cents/lb., inching closer to a contract high set on Feb. 25 at 90.675 cents (all figures […] Read more
Driving profit through cattle genetics on the ranch
Beef Cattle, News, News Roundup

Driving profit through cattle genetics on the ranch

Breeding: News Roundup from the March 2021 issue of Canadian Cattlemen

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It has been said that it is getting harder and harder to make money in the cattle business. Expenses too often outweigh revenue, resulting in limited profit potential. Whether you agree or not, many ranchers are cautious about making additional investments to their management systems. To many, it feels as though mounting demands on how […] Read more
CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs climb as pork prices rise, slaughter pace slows

Cattle futures anticipate grilling season

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rose on Tuesday for a second straight day, supported by rising wholesale pork prices and a smaller weekly kill than a year ago, traders said. CME April lean hog futures ended up 1.05 cents at 88.35 cents/lb., moving back up toward a life-of-contract high […] Read more
CME June 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs firm as U.S. stimulus plan fuels optimism

Relief bill expected to lift meat demand

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures firmed on Monday, recovering from a seven-week low hit last week, on optimism that the US$1.9 trillion COVID-19 relief bill will spur the U.S. economy and bolster demand for meat, traders said. CME April live cattle futures settled up 0.325 cent at 119.35 cents/lb., […] Read more
CME April 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures take a breather

April live cattle up, but well down off highs

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures consolidated on Friday as the market caught its breath after pulling back from contract highs reached last week. Strong demand for U.S. pork from China recently supported hog futures, as China is battling the fatal pig disease African swine fever, which increased its need […] Read more

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