For the week ending June 7, Western Canadian feeder cattle markets traded steady to as much as $15/cwt higher in some cases. Larger packages of quality replacements over 900 pounds were up $10-$15/cwt from prices seven days earlier.
Canadian Cattle Young Leaders Dr. Chelsea Allan is a full-time large animal veterinarian in Ottawa, Ont., where she owns and operates a farm with her husband that they purchased in 2020. In the spring of 2021, they welcomed their first cattle, marking the beginning of a journey deeply rooted in regenerative farming practices. Allan is […] Read more
Live and feeder cattle futures, as well as those for lean hogs, reached contract highs on the Chicago Mercantile Exchange on Friday. A new round of trade talks between the United States and China in London next week, as well as a solid jobs report from the Labor Department helped strengthen the markets, as well […] Read more
An integral component of good grazing management is tracking yield or production. It is how we project carrying capacity and adjust for drier or wetter conditions. It’s also an important part of the planning process. When we switch to a more intensive grazing approach, with multiple paddocks and grazing periods based on plant recovery, tracking […] Read more
Strength in cash markets caused live and cattle futures on the Chicago Mercantile Exchange to rise on Thursday, despite low export numbers reported by the United States Department of Agriculture.
Cattle futures on the Chicago Mercantile Exchange made substantial gains on Wednesday, aided by a weaker United States dollar. The August live cattle contract gained US$2.600 per hundredweight and ended the day at US$212.350. The August feeder cattle contract rose by a similar amount, gaining US$2.650/cwt. to close at US$303.875. The United States Department of […] Read more
Cattle prices on the Chicago Mercantile Exchange slipped back on Tuesday despite earlier gains. The August live cattle contract rose to US$212.850 per hundredweight during the day, but eventually closed at US$209.750, a loss of US$1.250 compared to Monday’s close. The August feeder cattle contract also reached its highest price since May 13 at US$304.550/cwt. […] Read more