(CMEGroup.com)

U.S. livestock: CME hogs drop with cash, wholesale pork prices

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs turned lower on Thursday, pressured by weaker cash and wholesale pork prices, traders said. April and June closed 1.175 cents per pound lower at 66.825 cents and 77.45 cents, respectively (all figures US$). Wholesale pork prices slumped $1.49 to $68.49 per hundredweight (cwt) on Thursday morning […] Read more

lab worker with petri dishes

Using research funds more efficiently

Canada has many cattle, forage and beef research funders. Some, like the Beef Cattle Research Council and Agriculture and Agri-Food Canada, fund projects all across the country. Others, like most provincial beef organizations and provincial governments have a more regional focus. Each funder generally operates completely independently from every other. Each funder sets their own […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle, hogs veer sharply higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted steep gains Wednesday on fund buying and cash price optimism that wiped out Tuesday’s losses, traders said. April closed up the three-cent-per-pound price limit at 154.05 cents, and June ended 2.65 cents higher at 146.325 cents (all figures US$). CME live cattle’s trading limit […] Read more

cattle in a feedlot

Sask. looking for beef research ‘centre of excellence’

News Roundup: National Beef Strategy sets targets for industry, and scientists track superbug genes to understand antibiotic resistance

Research Research shakeup proposed for Saskatchewan If Saskatchewan is going to meet its target of raising livestock receipts by 25 per cent it needs everyone pulling in the same direction. As a first step the steering committee set up by the province last April is recommending the creation of a centre of excellence to co-ordinate […] Read more


(CMEGroup.com)

U.S. livestock: Profit-taking sinks CME live cattle, hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply lower on Tuesday, racked by profit-taking and fund liquidation, traders said. April closed 2.4 cents lower at 151.05 cents, and June down 2.125 cents, to 143.675 cents (all figures US$). Funds sold after April and June drifted below their 40-day moving average of […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Demand varies for feeder cattle

Western Canadian feeder cattle prices were quite variable over the past week. Stronger demand was noted in the major feeding regions such as southern Alberta where top-quality steers weighing just over 600 pounds reached $288. Manitoba prices were also steady to $3 higher on buying interest from Eastern Canada and south of the border. However, […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rise on discounts to cash prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Monday, supported by their discount to what packers paid for market-ready (cash) cattle last week, traders said. “We had the board (futures) too cheap when the February contract expired last Friday,” said Vetterkind Cattle Brokerage president Troy Vetterkind. April closed 1.75 cents […] Read more

cow in a holding chute

Mustering and drafting down under

In July 2014, my fiancé Colin and I had the opportunity to work on Manali Limousin and Lim-Flex stud near Scone, New South Wales, Australia. Over the course of the month we fed cattle, built fence and welded gates, and spent numerous full days clipping and washing 56 two-year-old bulls that would be sold in […] Read more


(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hog futures rebound with pork prices

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs on Friday bounced back from Thursday’s losses, sparked by the uptick in wholesale pork values, traders said. April futures closed up 0.325 cents per pound, to 67.475 cents, with May 0.6 cents higher at 79.9 cents (all figures US$). Friday afternoon’s wholesale pork price jumped $2.38 […] Read more