U.S. livestock: CME hog futures biggest one-day loss in seven months

Chicago / Reuters – Chicago Mercantile Exchange lean hogs on Wednesday slumped nearly four per cent, their biggest daily decline since mid-December 2015, pressured by day’s steep wholesale pork price drop and further cash price weakness, traders said. August hogs finished 2.925 cents per lb lower at 71.675 cents. October ended 2.575 cents per lb lower at 61.050 cents. Cash hog prices […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Beef price bounce extends CME live cattle futures gains

Chicago / Reuters – Chicago Mercantile Exchange live cattle futures gained for a third straight session on Tuesday, fueled by technical buying and the day’s wholesale beef price turnaround, said traders. August live cattle closed 0.925 cents per lb higher at 113.875 cents, and above the 40-day moving average of 113.30 cents. October settled 1.500 cents higher at 112.575 cents and over […] Read more



The lowdown on preconditioning calves

The lowdown on preconditioning calves

Preconditioned calves are healthier, grow faster, and grade higher — 
but can cow-calf producers make money on the practice?


Can you make money preconditioning feeder calves? The answer depends on whom you talk to. Attendees at a University of Calgary conference last month were told about an Indiana producer who pocketed an extra $80 per calf by preconditioning his animals. “The producer realized that the more days he preconditioned those calves, the more money […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle futures surge by 3-cent/lb price limit

Chicago / Reuters – Chicago Mercantile Exchange live cattle futures settled up by their 3-cents-per-lb daily price limit on Monday, driven by fund buying and Friday’s mildly bullish government monthly cattle report, said traders. August and October live cattle closed at 112.950 cents and 111.075 cents per lb, respectively. Live cattle’s trading limit will be expanded […] Read more


Alfalfa and chicory helped carry the cattle through the dry pasture conditions.

When rain comes to pastures at the right time

A sudden turn in moisture conditions made all the difference

I am back up on 4 Clover Ranch near Rocky Mountain House, Alta., having arrived a week ago and getting our custom grazing operation going with cow-calf pairs trucked in as this is written. Meanwhile back at our Alcheringa Pastoral (Australia), Helen happily reported that our steer sale in late May had gone well. We […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle futures rally before USDA report

Chicago / Reuters – Chicago Mercantile Exchange live cattle futures closed higher on Friday after short-covering and bargain hunting snapped a three-day losing streak, traders said. August live cattle ended 2.425 cents per lb higher at 109.950 cents, and October closed 2.375 cents higher at 108.075 cents. Investors were awaiting the U.S. Department of Agriculture’s monthly Cattle-On-Feed report on Friday at 2 […] Read more


Photo: File

Australia’s richest woman buys two cattle stations

Reuters – Australia’s richest woman Gina Rinehart has expanded her cattle business, buying two cattle properties in the country’s north, as the billionaire seeks to profit from Asia’s fast-growing food market. The cattle properties, located southwest of the town of Katherine in the Northern Territory, were bought from one of Indonesia’s largest importers of cattle, Japfa, […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle futures plunge to five-year low on supply worries

Chicago / Reuters – Chicago Mercantile Exchange live cattle futures on Thursday slumped to a five-year low in anticipation of increased supplies that could further pressure wholesale beef prices, traders said. August live cattle ended 1.900 cents per lb lower at 107.525 cents, and October closed 2.375 cents lower at 105.700 cents. Affordable grain reduced cattle input costs which translates into plenty […] Read more