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CME June 2023 lean hogs with 20- and 50-day moving averages and CME cash lean hog index (blue line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs pressured by cheap cash prices, softer pork prices

Nearby live cattle higher, feeder cattle down

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures declined on Wednesday, snapping a three-session advance, pressured by a discounted cash hog market and declining wholesale pork prices, traders said. CME June lean hog futures settled down 2.325 cents at 84.875 cents/lb. and the July contract fell 2.575 cents to end at 85.55 cents […] Read more
News, Purely Purebred

News from the Canadian Simmental Association

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

By
The Canadian Simmental Association’s Award of Excellence program was established in 2017 to promote and recognize the top registered bulls and females in the Simmental breed that are exhibited at any of the 14 designated shows across the country each year. The registered bulls and females exhibited at these shows are recognized based on a […] Read more
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle inch lower, nearby hogs end higher

'Cutouts slowly start to lose ground here'

By ,
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange slipped on Tuesday, pressured by softening wholesale beef prices and a lack of bullish news, traders said. Cash cattle trade was quiet, leaving some traders to focus on beef prices. The U.S. Department of Agriculture (USDA) priced choice cuts of beef on Tuesday […] Read more
Dale and Linda Chibri and family, and Janice Harasmychuk.
News, Purely Purebred

Canadian Speckle Park Association recognizes Chibri family

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

By
The Canadian Speckle Park Association presented the Lifetime Achievement Award to the Chibri family of PAR Ranch during the 2022 National Speckle Park Show at Agribition. The award was presented by the current president Janice Harasmychuk. Congratulations to the Chibri family!  As well, the 2022 Commercial Breeder of the Year was awarded to Kara and […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Lower beef production forecast drives feeder market higher

Feedlots factoring in lower feed grain values

By ,
Compared to the week ending May 6, western Canadian yearling prices were $2-$4 higher while calf values were up $2 to as much as $8 on average. The feeder market was well bid across all weight categories. Demand for grass cattle appeared to be more aggressive this past week. Yearling supplies will decrease over the […] Read more
CME July 2023 lean hogs with 20-day moving average (pink line, right column) and CME cash lean hog index (blue line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs up two per cent on firm cash markets, short-covering

June live cattle down, later months up

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Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange rose more than two per cent on Monday on signs of firming cash hog values, rising wholesale pork prices and short-covering. CME June lean hog futures settled up 2.05 cents at 86.15 cents/lb., with the July contract up 2.175 cents at 87.5 cents […] Read more
(Photo courtesy Canada Beef Inc.)
CCA reports, News

CCA reports: CCA keeps trade on the front burner

From the May 2023 issue of Canadian Cattlemen

By
Spring is finally here and the busy season on our farms and ranches is upon us — whether it’s calving or getting crops into the ground. There’s something about spring that brings a sense of optimism and the feeling of a fresh start. While you are busy tending to spring preparations, the board and staff […] Read more
A smoke column rises from a wildfire on May 4, 2023 near Lodgepole, Alta., about 30 km southwest of Drayton Valley. (Photo: Alberta Wildfire handout via Reuters)
Livestock, Reuters, Weather

Alberta wildfire fighters prepare for hot, dry days ahead

Temperatures to approach 30 C next week

By ,
Reuters — An extended period of hot, dry weather that risks worsening wildfires in Alberta began on Friday, with special weather alerts in place across Western Canada and officials urging people to be vigilant. More than 100 wildfires have ignited across Alberta since last week, forcing tens of thousands of people to evacuate homes, farms […] Read more
CME August 2023 feeder cattle with 10-, 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise on falling corn prices

Chicago lean hogs also firm

By ,
Chicago | Reuters — CME Group cattle futures contracts rallied on Friday as a government forecast for a record-large U.S. corn harvest raised expectations that feeding costs will weaken as the supply base rises. Hog futures ended firm on signs of improving values in the cash market, traders said. Most actively traded June lean hog […] Read more
Smoke rises from a wildfire in Alberta’s Strathcona County, east of Edmonton, on May 5, 2023. (Photo: Video screengrab from @hellohildy on Twitter via Reuters)
Livestock, Weather

Alberta fairs, auctions offer space for evacuated livestock

Central areas catch break with moisture, cooler weather; CN service resumes

By ,
Alberta’s ag societies and livestock auction marts are offering up pen space for producers forced to evacuate animals away from dozens of wildfires in the province’s northern and west-central regions. As of early Thursday evening, the province was tracking 76 active wildfires, of which 22 were listed as “out of control” and 17 as “being […] Read more

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