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Animal care council won’t update livestock transport code of practice

NFACC says 'no further action' pending

After over four years’ publicly funded work to develop an updated national code of practice for livestock transport for Canada, the National Farm Animal Care Council has called a halt. In an information update dated May 1, NFACC said its board has now decided “no further action will be taken” by the council to update […] Read more

CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle futures rise, hog futures dip

Wholesale pork highest since mid-November

Chicago | Reuters — Chicago Mercantile Exchange extended their rally on Monday, with strong cash prices and technical buyers pushing the market higher. Live cattle contracts have risen for eight straight sessions and feeder cattle contracts have posted gains for five sessions in a row. But hog futures closed weaker even as pork prices surged […] Read more



CME August 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle extend rally on surging cash market

Lean hogs follow firm trend

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended their run of life-of-contract highs on Friday, supported by a jump in cash cattle prices this week along with rising beef prices, traders said. Benchmark CME August live cattle futures settled up 0.525 cent at 172.9 cents/lb. after posting a contract high at 174.25 […] Read more


CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle soar as cash prices explode

Lean hog futures mostly lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures surged on Thursday as cash cattle traded as high as US$180/cwt in Texas and Kansas, up to US$9 higher than last week, reflecting strong demand from meat-packers amid rising beef prices and tightening cattle supplies, traders said. CME’s most-active August live cattle futures contract settled […] Read more

Smoky skies over Calgary on May 16, 2023. (Photo: Reuters/Leah Hennel)

NEW FEATURE: Prairie Forecast: Summer has definitely moved in

Forecast issued May 31, 2023, covering May 31 to June 7, 2023

As we move into the official start of meteorological summer, it is looking like we have left spring behind and summer is here to stay. While this is great for those of us who like heat, humidity and thunderstorms, it can make it difficult to create an accurate forecast. The large areas of low pressure […] Read more


CME July 2023 lean hogs with Bollinger bands (20,2) and CME’s cash lean hog index (brown line). (Barchart)

U.S. livestock: CME lean hogs bounce on short-covering

Cattle futures up with beef prices, tighter supplies

Chicago | Reuters — Benchmark July lean hog futures on the Chicago Mercantile Exchange jumped nearly five per cent on Wednesday, extending their two-day rally to 11 per cent on a round of bargain-buying following a months-long slump, traders said. CME July hogs settled up 3.8 cents at 83.325 cents/lb., while front-month June hogs ended […] Read more

Forecast probability of above- or below-normal temperatures for the period from May 29 to June 26, 2023. Map issued May 25, 2023. (Map: Environment Canada)

A hot, dry Prairie June ahead

El Nino pattern could arrive

MarketsFarm — June is expected to see a continuation of the hot and dry weather most of the Canadian Prairies has experienced in May, according to Scott Kehler, chief scientist for Weatherlogics. “It looks like late spring/early summer is pretty hot across almost all of Western Canada. The Prairies are all above normal [temperature-wise],” Kehler […] Read more


FMD

Foot-and-mouth disease is a huge threat

Livestock producers across North America tremble when the name of a certain animal disease is mentioned. They know there has not been a case of the disease in the U.S. since 1929 and in Canada since 1952. But they know the disease is endemic in other countries and could enter the U.S. They also are […] Read more

CME July 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs limit-up on bargain buying

Cash and beef values lift cattle futures

Chicago | Reuters — Chicago Mercantile Exchange hog futures surged their daily limit on Tuesday, rebounding from Friday’s life-of-contract lows on a round of bargain-buying and short-covering toward the end of the month, and as feed grain futures fell sharply, traders said. “It really got grossly overdone to the bottom side,” said Dennis Smith, commodity […] Read more