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Thanks to Jim Lundgren, who farms at Glenora, Man., about 85 km west of Morden, for this photo of his early start to spring tillage on March 20, 2021, owing to the recent absence of snow and/or rain in the area. Not that it’s a race, but is spring fieldwork already underway where you are? If yes, feel free to snap a photo and email us at daveb@fbcpublishing.com. (Photo courtesy Jim Lundgren)
Crops, Weather

Manitoba soil temperatures allow for spring fertilizer

Winter ban lifted, with cautions

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Farmers across Manitoba are now cleared to apply spring fertilizers including livestock manure on their fields, thanks to sufficiently warm soil temperatures, the province said Tuesday. Though the winter nutrient ban has been lifted, the province cautioned producers to “assess current weather conditions and periodically check weather forecasts” if they’re applying anytime between now and […] Read more
CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures gain on tight supplies

CME cattle futures firm

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed on Tuesday, marking the contract’s fifth gain in six days, pushed higher by increased demand for pork as restaurants reopen, while supplies remain low. “You have some supply-side influence on why the market is this good,” said Brad Kooima, commodity broker at Kooima Kooima […] Read more
CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs ease but remain near highs

Live cattle follow boxed beef higher

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures stepped back on Monday but remained near recent highs as demand optimism persists, supported by tighter hog supplies. As the U.S. economy rebuilds and meat demand at restaurants increases into the summer, analysts expect supplies to remain tight for several months. “The deferred contracts should […] Read more
CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs resume climb on robust demand

Cattle down ahead of USDA report

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mostly higher on Friday, rebounding from sharp declines the previous day as strong pork demand and tight hog supplies extended the market’s recent advance. Hog futures have soared in recent weeks, with April futures touching a 6-1/2 year front-month-contract high on Friday, as traders […] Read more
CME June 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs follow broader commodities markets lower

"We were a little top heavy coming in"

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Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures posted steep losses in most contracts on Thursday as a broad-based commodities market selloff, led by sinking crude oil and a firmer U.S. dollar, weighed on prices. Fundamental factors for both cattle and hogs remained solid amid strong beef and pork exports and good […] Read more
Federal Agriculture Minister Marie-Claude Bibeau speaks to media in Winnipeg on Feb. 13, 2020. (Dave Bedard photo)
General

Yes or no now on AgriStability changes, ag minister says

Farm and commodity groups line up to press provinces for decision

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Ottawa’s proposals for changes to the AgriStability farm income stabilization program require a yes or no answer from participating provinces, not more discussion, the federal ag minister said Wednesday. “It has been just over 110 days since we made the offer to the provinces to improve AgriStability,” Agriculture Minister Marie-Claude Bibeau and Winnipeg MP Jim […] Read more
CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs climb to 6-1/2-year high

Cattle futures follow hogs higher

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied for a second straight session on Wednesday and the spot contract rose to the highest in 6-1/2 years on elevated pork prices and expectations for continued strong pork export sales. Pork prices have been rising, led by higher pork belly values, as retailers and […] Read more
CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs up on tightening hog supplies, strong pork demand

CME live cattle futures mixed

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Tuesday on lofty pork prices, tightening hog supplies and hopes for improved meat demand as economies begin to fully re-open after coronavirus pandemic shutdowns. Hog supplies have tightened following liquidation of the U.S. sow herd last year and some disease-related U.S. […] Read more
CME June 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise, hog futures weaken

Demand expected to rise on re-openings

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Monday supported by expectations of souped-up demand as economies begin to fully re-open after shutdowns related to COVID-19. “Cattle futures continue to price in better days ahead and the technical picture looks improved as well,” brokerage StoneX said in a statement. The most-active June […] Read more
CME April 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle end firm, hogs ease on profit-taking

Feeder cattle futures touch two-week top

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures edged higher on Friday on technical buying and as feeder cattle futures hit a two-week top on optimism about softening feed prices, analysts said. CME April live cattle settled up 0.475 cent at 119 cents/lb., holding above chart support at its 100-day moving average […] Read more

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