
Cow-calf

U.S. livestock: Live cattle rebound as trade adjusts to supply shock
Hogs lower, cash market supportive
Chicago | Reuters — U.S. live cattle futures rebounded on Tuesday, as packers kept processing at a higher-than-usual pace, despite a bearish Cattle on Feed report, traders said. Meanwhile, hog futures eased slightly on Tuesday, as falling cutout prices have carved into packer margins, traders said. CME December live cattle futures gained 0.65 cent to […] Read more

Klassen: Feeder market grinds lower
'Is there no grain in this country?'
Compared to last week, prices for western Canadian yearlings weighing over 900 lbs. were down $4-$8 on average; yearlings weighing between 800-900 lbs. were down $2-$4; calves under 800 lbs. were down $8-$12, with the exception of Manitoba, where lighter calves traded $3-$5 below week-ago levels. Feedlot operators are asking, is there no grain in […] Read more

U.S. livestock: Live cattle hit lowest price since June under supply pressure
December lean hogs close up off recent low
Chicago | Reuters — U.S. live cattle futures fell on Monday, with the most-active contract touching its lowest price since June under pressure from a larger-than-expected number of cattle on feed in the United States, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 11.7 […] Read more

McMillin: Cattle prices come under pressure
The Markets with Deb McMillin, from the November 2020 issue of Canadian Cattlemen
Fed Cattle Larger carcass weights and falling live cattle futures made way for lower fed cattle prices by mid-October. Slaughter rates remain solid while packers work through the remaining backlog. However, carcass weights have crept up in recent weeks in Canada, sounding a cautionary tone as feedlots become less current and more pounds must work […] Read more

B.C. ag minister, critic expected to win re-election
NDP projected to form majority government
British Columbia’s incumbent agriculture minister and opposition ag critic both appear set to head back to the provincial legislature as the New Democrats are projected to end three years of tentative minority governing. John Horgan’s NDP, which in 2017 overturned a minority Liberal government with the help of the Green Party, was projected Saturday evening […] Read more

U.S. livestock: Hog, live cattle futures up on bargain buying
USDA Cattle on Feed data tops expectations
Chicago | Reuters –– Chicago Mercantile Exchange lean hog and live cattle futures rose on Friday on some bargain buying ahead of the weekend. Hog futures snapped a three-session losing streak, the longest for the December contract in five weeks, while live cattle rebounded from its lowest since June 29. CME December lean hogs rose […] Read more

U.S. livestock: Hog futures fall for third day in a row
USDA report expected to show more cattle on feed
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for the third day in a row on Thursday, with traders saying they expected the recent surge of Chinese demand for pork to fade as the world’s top consumer rebuilds its decimated hog herd. “I increasingly see more attention paid to deteriorating long-term export […] Read more

Much to learn about foot-and-mouth disease: Part 2
Vet Advice with Dr. Ron Clarke
Foot-and-mouth disease (FMD) is a highly contagious, acute, viral disease affecting cloven-hooved animals including pigs, cattle, sheep and goats. Controlling FMD in countries previously free of the disease and wishing to re-establish freedom is a sophisticated process requiring technical expertise, persistence and tough decisions. The disease is characterized by formation of vesicles and erosions inside […] Read more

U.S. livestock: Cattle futures mixed
CME lean hog futures ease
Chicago | Reuters — CME live cattle futures eased on Wednesday, retreating back toward seven-week lows hit on Monday after a bargain buying bounce fizzled as plentiful supplies remained the focus of investors. Feeder cattle futures were slightly higher following the front-month contract’s decline to its lowest since July 1 on Tuesday. “The cattle are […] Read more

McMillin: Cattle-on-feed numbers above year-ago levels
The Markets with Deb McMillin, from the October 2020 issue of Canadian Cattlemen
Fed cattle Fed cattle prices held mostly steady in September, with a sideways trading range of $133/cwt to $134/cwt. The week ending September 25 saw fed cattle prices average $134.01/cwt; however, cattle were purchased with a longer pickup time and buyers were less aggressive, leaving the market slightly softer as September ended. Increased carcass weights […] Read more