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Beef Cattle

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle futures climb as cash price outlook improves

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Chicago/Reuters – Chicago Mercantile Exchange live cattle futures on Thursday gained for a third straight day, driven by short-covering following renewed optimism for cash prices by Friday, traders said. December and February contracts broke through their respective 10-day moving averages of 102.90 and 104.86 cents, which triggered fund buying. December live cattle closed 1.025 cents […] Read more
Some thoughts on backgrounding
Beef Cattle, Features, Livestock

Some thoughts on backgrounding

Research scientist says it's all about cost-effectiveness

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With feeder markets tumbling this fall, many people were thinking about holding onto their calves a bit longer in hopes of better prices ahead. Bart Lardner, research scientist at the Western Beef Development Centre and an adjunct professor at the University of Sask­atchewan, says there are several programs that can be used to grow weaned […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle futures shrug off early losses

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Chicago/Reuters – Chicago Mercantile Exchange live cattle futures closed higher on Wednesday after bargain buying and cash price expectations offset initial selling, said traders. CME cattle and hog market participants at first sold futures after Donald Trump unexpectedly won the U.S. presidential election on Tuesday. “People are still concerned about what a Trump administration would […] Read more
cattle in a feedlot
Finishers, News, News Roundup

Western Feedlots is gone, what now?

News Roundup from the October 24, 2016 issue of Canadian Cattlemen

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As our October 24 issue went to press, people across the industry were still trying to assess the impact of the surprise September 22 announcement that Western Feedlots Ltd. is mothballing its feeding operations. The company plans to feed out the remaining cattle at its High River and Mossleigh yards until sometime in early 2017. The […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Bargain buying reverses CME live cattle futures skid

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Chicago/Reuters – Chicago Mercantile Exchange live cattle futures rallied on Tuesday as strength from bargain buying and short-covering ended the market’s four-session slide, said traders. They said futures garnered more support from fund buying after contracts broke through technical resistance levels. Most actively traded December live cattle closed 0.950 cent per pound higher at 102.600 […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle markets establish fundamental equilibrium

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Western Canadian feeder cattle markets were relatively unchanged from week-ago levels as most auction barns held featured or pre-sort calf sales. However, premiums of $3 to as much as $8 were noted on pre-conditioned, quality-weaned replacements. Time in the market is more important than timing the market; longer term risk adverse feeding reinforced the fact […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle futures losses mount; hogs rally

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Chicago/Reuters – Chicago Mercantile Exchange live cattle futures closed lower for a fourth straight session on Monday, led by initial technical selling and a retreat in wholesale beef values, said traders. Most actively traded December live cattle closed 1.075 cents per pound lower at 101.650 cents, and settled nearly par with the 40-day moving average […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hog futures extends losses

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Chicago/Reuters – Chicago Mercantile Exchange live cattle futures on Friday settled in negative territory for the third straight day after cash prices fell short of investors’ expectations, said traders. CME live cattle losses mounted after falling below technical support levels, which triggered sell stops and fund liquidation. Most actively-traded December live cattle closed 1.350 cents […] Read more
Age verification is getting old
Beef Cattle, Cow-Calf, Features

Age verification is getting old

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Nobody wants to say age verification isn’t worth the hassle, but neither will they say it is, at least not in the way cow-calf producers would like to see, with premiums. One message that does come across loud and clear is that incorrect birthdates create headaches and losses all along the value chain. The responsibility […] Read more

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