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(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
CME June 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures fall on weak export data

CME cattle futures mixed

By ,
Chicago | Reuters — CME Group hog futures fell on Thursday on poor export demand for pork, traders said. Cattle futures were mixed, with live cattle easing on weakening trades in the cash market. Feeder cattle contracts were supported by falling corn prices. The U.S. Agriculture Department said on Thursday morning that beef export sales […] Read more
Photo: Canada Beef
Beef Cattle, Beef Watch, News

Fed, feeder cattle prices in record-high range

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattle Association

By
Fed cattle found substantial tailwinds, making new record-high prices in March 2023. Feeder prices in the first quarter of 2023 are approaching the record highs from 2015. Strong cattle prices are being supported by tighter North American supplies. Following two years of drier conditions, Canadian and U.S. cattle inventories were lower to begin 2023. Fed […] Read more
CME June 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog, cattle futures fall on poor fundamental outlook

Corn prices expected to remain weak

By ,
Chicago | Reuters — Chicago Mercantile Exchange hog futures fell on Wednesday, as poor demand for pork smothered any bargain-buying attempts to pull prices away from contract lows hit earlier this week. Cattle contracts also were lower, but the declines were kept in check by expectations that corn prices will remain weak and keep feeding […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Cow-Calf, Finishers, Livestock

Klassen: Feeder market remains firm on fed cattle strength

Alberta's disastrous wildfires may disrupt calf marketings

By ,
Compared to last week, western Canadian prices for yearlings over 800 lbs. were quoted steady to $4 higher; feeders between 600-800 lbs. were relatively unchanged while calves under 600 lbs. were $5-$10 higher. The market for calves under 600 lbs. was hard to define due to limited volumes. Alberta packers were buying fed cattle on […] Read more
Plan for drought to minimize the effect on your herd
Grazing, News, News Roundup

Plan for drought to minimize the effect on your herd

News Roundup from the May 2023 issue of Canadian Cattlemen

By
Anyone farming and ranching in the Great Plains is going to have to deal with drought, so it’s best to be as prepared as possible. That was the message from Anneliese Walker at the Canadian Forage and Grasslands Association conference last fall. Walker is a Princeton, Minnesota producer who also works for Maia Grazing, which […] Read more
CBOT June 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures rebound on technical bounce

Chicago cattle futures firm

By ,
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures recovered from contract lows on a round of technical buying on Tuesday, traders said. Traders also noted the recent declines may spark interest in the export market. “U.S. pork has become some of the cheapest in the world and it would appear we’re indeed starting […] Read more

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