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CME February 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures gain on strong pork demand

Weak beef exports drag on live cattle futures

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Chicago | Reuters — Lean hog futures gained on Monday as demand for pork keeps pace with strong production, traders said. Chicago Mercantile Exchange’s benchmark February lean hog futures contract settled 1.325 cents higher at 68.575 cents/lb. (all figures US$). “Demand must be good,” said Alan Brugler, president of Brugler Marketing. “Cold storage stocks continue […] Read more
News, Purely Purebred

Olds College receives donation of purebred Red Angus herd

Purely Purebred with Mike Millar: News about you from the November 2020 issue of Canadian Cattlemen

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Thanks to the generous donation of 10 Red Angus heifer calves from the Canadian Red Angus Promotion Society, Olds College will now be home to a purebred Red Angus herd. The purebred herd will be managed by the college’s Technology Access Centre for Livestock Production which provides resources and services to move the livestock industry’s […] Read more
CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures trim as traders weigh weak exports

Lean hogs down with pork export figures

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Chicago | Reuters — Live cattle futures fell on Friday on profit-taking during a shortened holiday-trading day, while less-than-stellar weekly beef exports added pressure to livestock futures overall, traders said. Chicago Mercantile Exchange February live cattle futures fell for the first time in the past five trading sessions, ending the day down 0.925 cent at […] Read more
Cattle markets remain in recovery mode
Markets, News, Prime cuts

Cattle markets remain in recovery mode

Prime Cuts with Steve Kay

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The market for fed cattle in the U.S. is now out of intensive care. But it remains in recovery mode after the COVID-19 pandemic had an impact on cattle prices from mid-April through mid-July. Prices advanced US$7.05 per cwt live (based on USDA’s five-area steer average) in the four weeks to the week ended October […] Read more
Clean, soiled or frozen ears — How do you manage your implant program?
Livestock, Nutrition

Clean, soiled or frozen ears — How do you manage your implant program?

Nutrition with John McKinnon

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In my last two columns, I focused on choosing the right implant for your operation and on options for re-implanting cattle over the course of a production cycle. While these are important aspects of any implant program, equally important is ensuring the proper placement of the implant in the animal’s ear. While this may seem […] Read more
CME February 2021 live cattle (candlesticks) with 20-day moving average (black line) and CME January 2021 feeder cattle (red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle up on cash market optimism, beef demand

Hogs up ahead of USDA exports report

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Chicago | Reuters — Live cattle futures rose on Wednesday for a fourth straight session, climbing ahead of Thursday’s U.S. Thanksgiving holiday as strong packer margins fed expectations of improving cash cattle prices over the next few weeks, traders said. Chicago Mercantile Exchange February live cattle futures settled up 0.225 cent at 114.175 cents/lb. (all […] Read more
Beef cow inventories are down 1.4 per cent to 3.6 million cows.
Beef Cattle, Beef Watch, News

COVID-fuelled recession clips cattle markets

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

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While cattle markets appear to have stabilized following the initial impact of the COVID-19 pandemic this spring, uncertainty surrounding the fallout of the global pandemic has created longer-lasting effects. Canadian cattle inventories continue to shrink as the U.S. cattle herd reaches its peak. What happens next will depend on domestic and global demand. All G20 […] Read more
CME February 2021 live cattle (candlesticks) with 20-day moving average (pink line) and CME January 2021 feeder cattle (dark red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures follow beef prices, Dow higher

Chicago lean hogs end mixed

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Chicago | Reuters — U.S. cattle futures closed higher on Tuesday for a third straight session, lifted by surging wholesale beef prices and optimism that coronavirus vaccines could trigger an economic recovery, bolstering demand for meat, traders said. Wall Street’s Dow Jones industrial average hit a record high above 30,000 on upbeat COVID-19 vaccine news, […] Read more
Supreme Champion Female.
News, Purely Purebred

Livestock shows and cattle awards

Purely Purebred with Mike Millar: News about you from the November 2020 issue of Canadian Cattlemen

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The Junior Stockman’s Livestock Show featured 51 junior exhibitors with 74 livestock entries across six breed classes. All junior exhibitors were also entered in the showmanship division. Results follow. Peewee Champion: Avery Greenwood, Swift Current, Sask. Peewee Reserve Champion: Cheyenne Berner, Verwood Sask. Junior Champion: Kaycee Buchanan, Caronport, Sask. Junior Reserve Champion: Lane Steen, Dundurn, […] Read more

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