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CCA reports: Leveraging public interest in agriculture
CCA reports, News

CCA reports: Leveraging public interest in agriculture

From the November 2020 issue of Canadian Cattlemen

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The past year has been a challenging one for our industry as we cope with the impacts from the COVID-19 pandemic. It is easy to only look at the negative outcomes and not see a silver lining, but there are definitely a couple of positives we need to capitalize on as an industry. Over the […] Read more
CME December 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures move up off one-month low

Lower corn, soy values support feeder cattle

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Chicago | Reuters — U.S. lean hog futures rose on Thursday in a rebound from a one-month low reached in the previous session, while live cattle futures weakened. The hog market’s recovery carried futures to their highest level since Monday. Traders said the market continues to face pressure from large U.S. supplies and uncertainty over […] Read more
Feeder cattle market digesting many variables
Livestock, Market talk, Markets

Feeder cattle market digesting many variables

Market Talk with Jerry Klassen

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I’ve received many inquiries over the past couple of months about the market outlook for feeder cattle. Yearling prices have been very strong throughout the fall period trading at or above 52-week highs; however, prices for calves in the 500- to 700-pound weight category are down $10 to $20 from elevated levels during spring. In […] Read more
Nelson Fagan Jr. greets 10 Charolais cows at his ranch near Conception Bay South in October. (N. Fagan Meats video screengrab via Facebook)
Beef Cattle, Livestock

Newfoundland beef producers backed to develop abattoirs

Three proposals get six figures each; breeding cows also provided

By ,
A provincial call for proposals to boost beef slaughter capacity in Newfoundland and Labrador has yielded three successful applicants. The provincial government on Nov. 5 announced its Beef Industry Enhancement Initiative will provide just over $1.8 million in total to its three successful proposals: $719,750 for Troy Humber of Northern Arm, about 40 km northeast […] Read more
CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures gain on boxed beef strength

Lean hog futures down with slaughter pace

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Chicago | Reuters — U.S. live cattle futures climbed on Wednesday as strength in the cash market and firm beef cutout prices continued to offer support, traders said. “We’ve had a pretty decent rally on the meat side, and I think that’s certainly been a factor,” said Altin Kalo, economist with Steiner Consulting Group. Chicago […] Read more
CME January 2021 feeder cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Feeder cattle futures slump as corn prices surge

Hogs down off Monday's gains

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Chicago | Reuters — U.S. feeder cattle futures ended lower on Tuesday after nearing a six-week high as soaring corn prices signaled that feed costs will increase. Live cattle futures finished near unchanged after setting a fresh four-week high, and lean hog futures weakened. Rising crop prices hung over the markets after the U.S. Department […] Read more
CME January 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures surge on COVID-19 vaccine progress

USDA expected to trim estimates for feed crops

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Chicago | Reuters — U.S. live cattle futures reached a four-week high on Monday and feeder cattle hit their highest prices in more than five weeks as progress toward a COVID-19 vaccine raised hopes for a quick economic recovery from the pandemic and increased beef demand. Lean hog futures also finished firmer. Commodity and equity […] Read more
These two Barbadian farmers discuss the merits of an Angus bull at the Agrifest Agricultural Show in Bridgetown, Barbados.
Beef Cattle, Features, News

Barbados aiming for self-sufficiency in food production

As the Caribbean island gears up its food production, the beef industry will be a key part of feeding the nation’s people

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Barbados’s Agrofest is much like a rural Canadian fall fair. But at this three-day event, the country’s prime minister attends the first day. The country is working towards self-sufficiency in food production and Mia Amor Mottley, Barbados’s first woman prime minister, is a driving force behind that idea. Barbados, a Caribbean island 13 degrees north […] Read more
CME December 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures up despite slower slaughter

December lean hog futures drop

By ,
Chicago | Reuters — U.S. live cattle futures gained slightly on Friday after a week of range trading, traders said. Chicago Mercantile Exchange December live cattle futures settled 0.3 cent higher at 108.65 cents/lb. (all figures US$). CME feeder cattle futures gained 0.525 cents to end at 135.925 cents/lb. For the week, live cattle futures […] Read more

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