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CME February 2024 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs near four-week low amid large supply

Cattle futures slip lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest price in nearly four weeks on Tuesday as large supplies hung over the market. Technical selling added pressure on prices as December hogs dropped below 70 cents/lb. for the first time since Nov. 1, analysts said (all figures US$). The contract […] Read more
(Geralyn Wichers file photo)
Finishers, Livestock, Markets

Klassen: Canadian feeder buyers ignore weaker futures market

U.S. feedlot placements up four per cent

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For the week ending Nov. 18, western Canadian feeder cattle prices traded $3-$5/cwt on either side of unchanged compared to seven days earlier. Buyers appeared to shrug off the weaker futures market and the defensive tone from a week earlier evaporated. Eastern Prairie markets were firm, with larger packages of quality cattle trading a solid […] Read more
CME January 2024 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Feeder cattle top one-week high

Traders digest U.S. cattle placements data; December hogs lower

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Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures finished higher on Monday after the government reported placements in feedlots were lower than analysts expected last month. The U.S. Department of Agriculture, in monthly data issued after the close of trading on Friday, said producers placed 3.8 per cent more cattle […] Read more
File photo of cattle on pasture northeast of Calgary. (James_Gabbert/iStock/Getty Images)
Livestock

Report aims to show animal agriculture’s interconnections

CAPI hopes to broaden policymakers' perspective

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A new report for the Canadian Agri-Food Policy Institute seeks to educate policymakers about the impact of animal agriculture on economic, social and environmental levels. The report, titled Forces Impacting Animal Agriculture In Canada: A Synthesis, delves into the issues surrounding cattle, dairy and poultry production in the country and how it is interconnected within […] Read more
CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle rise ahead of bullish data

December lean hogs lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures ended higher on Friday as livestock traders adjusted positions in the markets. After the close of trading, the U.S. Department of Agriculture issued monthly data that showed producers placed 3.8 per cent more cattle into feedlots in October than a year earlier, […] Read more
Beef demand has been resilient to inflation for the most part, but recent weeks have seen a pullback as household expenses continue to increase.
Markets, News

Fed-cattle prices dip, beef demand sees pullback

The Markets with Deb McMillin, from the December 2023 issue of Canadian Cattlemen

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Fed cattle  After months of mostly steady fed cattle prices, the market dipped in mid-November in response to negative packer margins, large volumes of contract cattle limiting cash trade and slower beef movement. The November 10 fed steer average at $230.89/cwt is 25 per cent or $47/cwt higher than the same week in 2022. When […] Read more
Recipients of the Spirit of the Impact Show Award.
News, Purely Purebred

Canadian Limousin Association news

Purely Purebred, news from the November 2023 issue of Canadian Cattlemen

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Congratulations to former general manager of the Canadian Limousin Association, Tessa Verbeek and her husband Colin Verbeek of Hillview Farms, Morinville, Alta., on the birth of their son Heath Colin Verbeek on September 22. Heath joins proud big sister Rylin. Everyone is happy and healthy!  Chad Homer is the new vice-president of the Canadian Limousin […] Read more
CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle up off last week’s sell-off

Lean hog futures also turn higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder futures advanced on Monday in a rebound from recent declines to multi-month lows. Short-covering helped boost the markets, as losses driven by fund liquidation and technical selling last week were overdone, brokers said. The U.S. beef industry still faces tight supplies of cattle, after […] Read more
CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle mixed, feeder cattle firm

Lean hogs up with pork cutout

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended the week mixed on Friday, as traders and analysts said technical and algorithmic trading sent contract prices whipsawing during the session. Feeder cattle futures firmed as Chicago corn futures posted a third straight weekly decline, as grain markets continued to react to a […] Read more
News, Purely Purebred

Hereford breeders gather in Manitoba

Purely Purebred, news from the November 2023 issue of Canadian Cattlemen

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On August 26, the Manitoba Hereford Association held their 2023 field day hosted by Twin View Polled Herefords, with over 100 cattle entered. The association thanks judges Doug Allison, Neil Carson and Andre Steppler.  Show result highlights: Premier Breeder and Premier Exhibitor was RSK Farms. Commercial Calf Champion and Yearling Heifer Champion was KTCT. Commercial […] Read more

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