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Cow-calf

CME August 2020 lean hogs with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs tumble on bigger-than-expected supply, economic concerns

Rising COVID-19 counts raise fears for beef demand

By ,
Chicago | Reuters — U.S. lean hog futures plunged by as much as the daily trading limit on Friday and ended sharply lower after the U.S. Department of Agriculture (USDA) estimated supplies above already-high trade expectations. Economic concerns amid rising novel coronavirus infections added pressure to hogs and also dragged down cattle futures, which finished […] Read more
U.S. livestock: Hogs mostly higher ahead of USDA inventory data
Livestock, Markets, Reuters

U.S. livestock: Hogs mostly higher ahead of USDA inventory data

CME feeder cattle firm up on lower corn prices

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Chicago | Reuters — U.S. lean hog futures were mostly higher on Thursday, lifted by firmer cash hog markets and position squaring ahead of a quarterly hog inventory report that was released after the close. Futures have been sliding for most of the past two months as hog supplies swelled due to numerous packing plant […] Read more
A case of acute BVD in a calf. BVD can cause symptoms ranging from nasal discharge to birth defects, as well as diarrhea. Photo: Supplied by Dr. John Campbell
Beef Cattle, Features, Livestock, Reproductive Diseases

BVD still a threat to Canadian cattle herds

Even closed herds can be at risk for BVD, making vaccination key to preventing this disease

By
Bovine viral diarrhea (BVD) can affect cattle in many ways, causing abortion, birth defects, stillborn calves, immune deficiencies in persistently infected animals, and other acute or chronic illness. BVD is also an indirect cause of many other diseases because it has adverse effects on the immune system. An estimate a few years ago suggested that […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures down on big supplies, economic jitters

Surge in U.S. COVID-19 cases rattles Wall Street

By ,
Chicago | Reuters — U.S. cattle futures eased on Wednesday and hog futures were mostly lower on ample livestock supplies and concerns about rising coronavirus infections and their negative impact on the economy. Wall Street’s three major indexes tumbled on Wednesday and crude oil plunged more than five per cent as a surge in U.S. […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Futures rise as frozen meat stocks decline

Exporters drew down stored supplies during packer slowdowns

By ,
Chicago | Reuters — U.S. cattle and hog futures firmed on Tuesday following two sessions of declines after U.S. Department of Agriculture (USDA) data showed a larger-than-anticipated decline in cold-storage stocks of pork and beef. The USDA stocks report, released after the close on Monday, showed a record-large drop in U.S. frozen pork inventories in […] Read more
CME August 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures drop as China tightens food import restrictions

USDA report bearish on cattle futures

By ,
Chicago | Reuters — U.S. lean hog futures retreated on Monday, with actively traded nearby contracts sinking more than three per cent and hitting life-of-contract lows amid worries about pork exports to China, which has stepped up oversight of imported goods due to COVID-19. China’s customs authority said on Sunday it had suspended poultry imports […] Read more
CME August 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Futures drop ahead of USDA data

Cattle on Feed report could be bearish Monday

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Chicago | Reuters — U.S. livestock futures fell on Friday, as hog producers and cattle ranchers continue to struggle with a massive backlog even as many slaughterhouses come back online. The U.S. Department of Agriculture’s monthly Cattle on Feed report, released Friday after the market close, showed May feedlot placements at 99 per cent compared […] Read more
Given the sharp increase of wholesale costs, retailers probably won’t be putting beef on sale any time soon.
Beef Cattle, News

Don’t expect steak sales for Father’s Day

Price impacts of COVID-19 on the beef industry were wide spread and retailers are still feeling the pinch

By
This Father’s Day, people probably won’t see sales on their favourite beef steaks—but they shouldn’t blame the butcher or retailer. Blame sits almost entirely on the coronavirus. COVID-19 had a catastrophic impact on beef production in North America. The spread of the virus resulted in several plant shutdowns or slowdowns, which in turn meant significantly […] Read more

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