

U.S. livestock: Tight supply drives CME live cattle to new highs
Hogs down off Wednesday's one-month high
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures galloped to new highs on Thursday on short-covering combined with continued concerns about U.S. tight supplies, brokers said. October live cattle futures ended up 2.325 cents at 185.475 cents/lb. after setting a contract high of 185.775 cents/lb. (all figures US$). December live cattle settled 2.5 […] Read more

U.S. livestock: CME cattle futures ease in technical setback after highs
Nearby lean hogs also down on technical selling
Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures retreated on Wednesday in a technical selling and profit-taking setback after hitting highs earlier in the week, traders said. Higher feed corn prices and a weak tone to the cash beef market added pressure, they said. “This is technical after feeder cattle hit […] Read more

Klassen: Feeder market continues to consolidate
U.S. feeder cattle supplies seen tighter than expected
Compared to last week, western Canadian grass yearling prices were relatively unchanged. Yearlings over 800 lbs. on light grain rations or on diets mixed with silage were priced at $5 to as much as $20 discount to those cattle coming straight off pasture. Larger groups of uniform quality continue to trade at a minor premium […] Read more

U.S. livestock: CME cattle futures end mixed after hitting new highs
CME lean hogs mostly higher
Chicago | Reuters — Most of the Chicago Mercantile Exchange feeder and live cattle futures hit new contract highs again on Tuesday, as tight U.S. supplies and forecast of a strong cash market added fuel to a bull rally, traders said. But by the end of the session, both live and feeder cattle futures were […] Read more

U.S. livestock: CME feeder cattle, deferred live cattle hit new highs
October lean hogs also close higher
Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures hit new contract highs on Monday, as tight U.S. supplies going into next year continued to fuel the bull market, traders said. Even Chicago Mercantile Exchange’s October and December live cattle futures surged within $1 of their contract highs, fueled by optimism […] Read more

Quick tips when using livestock vaccines
Veterinary Case Study: From using the right needle size to cleaning syringes, here’s how to do vaccination right
Roper Roy arrived in our practice area last spring. He followed a young lady home from a horse training school in west Texas. Now married, it looked like Roper fell into a sizeable chunk of a prosperous ranching and farming operation. He came to town for supplies for their branding next weekend. While he waited, […] Read more

U.S. livestock: CME feeder cattle, deferred live cattle set highs on tight supply
Hog futures down on lower export sales
Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures climbed to new peaks on Friday, as limited U.S. supplies continued to propel prices. Inventories of U.S. cattle dwindled to their lowest levels in decades after producers reduced their herds over the last year because drought reduced the availability of pastures for […] Read more

U.S. livestock: CME feeder cattle set contract high, live cattle hit July high
Hogs up but within yesterday's range
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to a July high on Thursday while feeder cattle set new contract highs. Tight supplies continue to support the markets, analysts said, after U.S. producers reduced their cattle herds over the last year as drought limited the availability of pastures for grazing. October live […] Read more

U.S. livestock: CME live cattle rally near four-week high
October hogs touch lowest in a week
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Wednesday to their highest level in nearly four weeks, while feeder cattle also stormed higher. U.S. cattle supplies are tight as drought reduced the amount of pasture available for grazing and drove producers to send more cattle to slaughter over the last year. […] Read more

Production uncertainty drives feed grain markets
Market Talk with Jerry Klassen
Barley and corn prices have been extremely volatile over the past month. Large regions of Western Canada are experiencing drought-like conditions. At the same time, crop ratings for the U.S. corn crop reflect yield uncertainty in the Midwest. I’ve received many inquiries from feedlot operators and cow-calf producers regarding the price outlook for corn and […] Read more