Photo: File

U.S. livestock: Cattle futures sag on long liquidation; cash trade awaited

Chicago | Reuters – U.S. live cattle futures on the Chicago Mercantile Exchange closed lower in range-bound trade on Tuesday as speculators exited long positions amid a lack of supportive news, traders said. CME December live cattle LCZ2 settled down 0.525 cent at 151.950 cents per lb but stayed inside of Monday’s trading range. January feeder cattle FCF3 finished […] Read more



Photo: Canada Beef

Klassen: Feeder cattle market experiences weather volatility 

Compared to last week, Western Canadian yearling prices traded $3 to $4 on either side of side of unchanged while calves traded $5 lower to as much as $6 higher. The calf market tends to experience a seasonal bounce every November. In certain cases, buyers appeared to step forward more aggressively last week in anticipation […] Read more

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U.S. livestock: Lean hogs bounce back from steep losses

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures settled higher on Friday in a recovery from sharp losses recorded in the previous session, while live cattle futures weakened for a second consecutive day. December lean hog futures LHZ2 ended up 0.975 cent at 86.100 cents per lb. The contract bounced after sinking by 3.375 cents […] Read more


Photo: ARS/USDA

U.S. livestock: Lean hogs touch one-week lows in pullback from gains

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell to their lowest prices in more than a week on Thursday in a setback from recent rallies, traders said. Live cattle futures also ended lower after the February contract LCF3 set a new high. The hog and cattle markets were overbought and due for corrections, traders […] Read more

Maximizing growth while limiting digestive disorder can make wheat grain a profitable addition to feedlot diets.

Optimizing wheat grain use in feedlot diets

Researchers explore whether processing wheat can reduce its potential to cause digestive upsets, and allow feedlots to use this high-protein, high-energy feed

Wheat is notorious for being a highly fermentable cereal grain and its inclusion in finishing feedlot diets is often restricted to avoid digestive disorders such as rumen acidosis and bloat. Adverse growing conditions frequently result in wheat grain with elevated mycotoxin levels that fail to meet the standard for human consumption. But such wheat may […] Read more


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U.S. livestock: Supply concerns drive CME live cattle to new contract high

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed higher and reached a new contract high on Wednesday amid concerns about tightening U.S. supplies, brokers said. Strong recent gains have left the market technically overbought and due for a setback, brokers said. “We’ve had a nice rally here,” said Matt Wiegand, commodity broker […] Read more

Photo: Canada Beef Inc.

U.S. livestock: Live cattle futures turn lower after setting contract highs

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures ended mostly lower on profit-taking on Tuesday as the market pulled back from contract highs, analysts said. The market consolidated after recent gains, though analysts said cash cattle prices are expected to strengthen this week. Most actively traded December live cattle LCZ2 ended 0.825 cent lower at […] Read more


Photo: Canada Beef Inc.

Klassen: Alberta feedlot backlog limits demand for feeder cattle 

Compared to last week, Western Canadian yearling prices traded steady to $2 lower on average while calf markets were down $3 to $5. Feedlots in Alberta and Saskatchewan are backed up with significant numbers of market ready fed cattle which has set a negative tone for replacement cattle. Carcass weights are nearing historical highs. Barley […] Read more

Photo: File

U.S. livestock: Live cattle futures jump to 7-year peak as U.S. herd shrinks

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rallied to a fresh seven-year high on Monday, lifted by expectations for tightening supplies following a monthly U.S. Department of Agriculture (USDA) cattle supply report, traders said. Several actively traded nearby contracts posted life-of-contract highs after the USDA’s cattle-on-feed report, released after the market closed on […] Read more