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CME October 2023 feeder cattle with 20-, and 100-day moving averages and May 2023 feeder cattle (black line). (Barchart)
Finishers, Livestock, Markets

Klassen: Weather forecasts underpin feeder market

High forage costs pose problem for cow-calf expansion

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For the week ending Saturday, western Canadian feeder cattle markets were relatively unchanged from seven days earlier. The finishing feedlot operator appears to be dominating the feeder market across all weight categories. Ontario interest was creeping all the way into Alberta, especially for Limousin-type genetics. There were limited numbers on offer in Manitoba and Saskatchewan […] Read more
CME July 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures drop to contract lows on demand woes

CME cattle futures also lower

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Chicago | Reuters — Chicago Mercantile Exchange hog futures sank to contract lows on Monday, with the market under pressure from plentiful supplies and weak demand for pork at grocery stores and on the export market. “The story remains one of a slow-to-move product market,” brokerage StoneX said in a note to clients. Cattle futures […] Read more
CME August 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rally

Hog futures slide to new lows; USDA cattle report seen as neutral

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Chicago | Reuters –– Chicago Mercantile Exchange cattle futures rose on Friday in a bout of technical trading, as cash prices remained relatively steady and investors positioned themselves ahead of the monthly U.S. Department of Agriculture (USDA) report, traders said. On the pork side, a second day of volatile trading across lean hog futures resulted […] Read more
Mark Hoimyr stands in front of his cattle as he addresses attendees at the Canadian Farm Writers Conference in September of 2022.
Features, Livestock

Box H Ranch explores severe grazing

Laura and Mark Hoimyr focus on longer rest periods on their ranch in southeastern Saskatchewan

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It’s a September afternoon when a large charter bus coasts down the back roads near Gladmar, Sask. The hills roll like waves, and the bus rolls with them, inducing nausea. Before long, the bus slows, then stops. Farm journalists and communicators, part of the Canadian Farm Writers’ Federation annual conference, file off the bus and […] Read more
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

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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'

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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

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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

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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

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