Canadian Angus Association convention highlights
Purely Purebred, news from the August 2023 issue of Canadian Cattlemen
More than 200 Angus enthusiasts gathered in Saskatoon, Sask., June 8 through 10 for the Canadian Angus Association National Convention and AGM. The board includes Tom deWaal of Prince George, B.C., as president; Ronnie Ford of Oyster Bed, P.E.I., as president-elect; Graham McLean of Watford, Ont., as past president. Rounding out the board are Blake […] Read more
Klassen: Feedlots aggressively secure ownership
StatCan cattle inventory report due out soon
Compared to last week, yearlings straight off grass sold $3-$5 higher on average. In certain cases, larger groups of higher quality genetics traded $8-$12 above week-ago levels. Auction markets had larger volumes this past week and there was strong demand across all weight categories. It’s that time of year when major operations are stepping forward […] Read more
U.S. livestock: CME live cattle climb on fewer feedlot placements
Lean hog futures down with cash prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed for a second session on Monday, supported by a bigger-than-expected drop in cattle placements in July, reported after market close on Friday. “In terms of slaughter ready cattle, we’re still relatively tight,” said Austin Schroeder, analyst at Brugler Marketing. In the U.S. Department of […] Read more
U.S. livestock: CME live cattle recover from six-week low
U.S. cattle-on-feed data seen as supportive
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday after dropping to a six-week low, as traders adjusted positions before a government report showed lower-than-expected placements in U.S. feedlots last month. The data, which the U.S. Department of Agriculture (USDA) issued after trading ended, should further support cattle futures next […] Read more
Sam
Veterinary Case Study: A favourite mule at an Alberta grazing association exemplifies hybrid vigour
Sam is an oddity and a legend at Willow Creek cow camp, Willow Creek Grazing Association, west of Nanton, Alta. He is an Appaloosa mule with a heart of gold. Anyone can ride him under saddle, from seasoned cowboys to kids learning the basics. You can rope off him and he will carry 200 pounds […] Read more
U.S. livestock: October live cattle futures lowest since July
October hogs up almost a cent
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, with the most-active contract hitting its lowest price since July, as the market continued to retreat from recent highs. Futures and cash prices have jumped this year after drought reduced the amount of pastures available for grazing and prompted U.S. cattle […] Read more
CCA reports: Supply management bill, cultivated protein, traceability regs all on CCA’s plate
From the August 2023 issue of Canadian Cattlemen
The effect of extreme weather remains the focus of many conversations among cattle producers across Canada. Dry conditions, heat and too much rain in my home region are making for another challenging year, coupled with rising input costs due to inflation. The Canadian Cattle Association (CCA) is monitoring the situation at the local level through […] Read more
U.S. livestock: CME live cattle set two-week low
Lean hogs touch June low
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stumbled to their lowest level in more than two weeks on Wednesday, while lean hogs hit their lowest price since June. Drought prompted U.S. cattle producers to reduce their herds since last year by driving up feed costs and reducing the amount of pasture available […] Read more
Production targets influencing profitability of backgrounded calves
Nutrition with John McKinnon
When beef producers discuss marketing, pricing often comes to the forefront of the discussion. To be current with market trends, astute producers will gather as much information on pricing as possible including working with marketing specialists, following the futures market and using various risk management strategies including price insurance. While it is hard to argue […] Read more
U.S. livestock: Technical selling extends setback in CME lean hogs
Live cattle futures generally sideways
Chicago | Reuters — Chart-based selling drove Chicago Mercantile Exchange lean hog futures lower on Tuesday, brokers said, as the market extended a recent setback. Most-active October lean hog futures fell 0.95 cent, or 1.2 per cent, to settle at 78.2 cents/lb. and touched their lowest price since July 3 (all figures US$). The contract […] Read more