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

U.S. livestock: CME live cattle up as beef prices climb

Chicago lean hogs close mixed

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Friday ahead of a long U.S. holiday weekend, supported by strong beef prices and profitable margins for beef packers, traders said. CME’s benchmark August live cattle contract settled up 0.65 cent at 171.725 cents/lb. (all figures US$). The U.S. Department of […] Read more
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle inch higher in technical bounce

Chicago lean hogs end mixed

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed modestly higher on Thursday on rising wholesale beef prices and a technical bounce after the benchmark August contract dipped to a two-week low. The cattle market has been consolidating after a surge to contract highs on June 7 triggered several days of […] Read more
CME August 2023 live cattle with 10-, 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle fall on technical selling

Wholesale pork prices lift hogs

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange fell on Wednesday on chart-based selling and expectations of a seasonal slowdown in beef demand in the coming weeks, traders said. CME benchmark August live cattle futures settled down 2.95 cents at 170.975 cents/lb., with technical selling accelerating as the contract dropped below […] Read more
cattle in a field
Livestock, News, People

Veterinarian pushes back against bias in ag and vet communities

Despite the vet shortage, some veterinarians feel less than welcome, says one vet

By
Dr. Sydney Crosby’s career path is a perfect example of taking the route less travelled by. It hasn’t been an easy road, but her passion has sustained her on the journey. Growing up in Athens, Georgia, she wasn’t introduced to beef medicine until she took an agriculture program at the University of Georgia. But today […] Read more
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle end up as beef prices rise

Chicago lean hog futures end mixed

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday, rallying from early declines, as strong beef prices and tight cattle supplies buoyed futures, traders said. CME August live cattle futures settled up 0.725 cent at 173.925 cents/lb. (all figures US$). August feeder cattle finished up 1.4 cents at […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle under 500 lbs. jump over $400

U.S. beef output expected down in 2024

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Compared to last week, western Canadian yearling prices for 800-lb.-plus cattle traded $8-$10/cwt higher. Feeder cattle in the range of 600-800 lbs. were up $6-$8/cwt on average. Calves weighing 500-600 lbs. were unchanged to $10 higher, although supplies were limited. Feather-light calves under 500 lbs. traded $10 to as much as $30 over week-ago levels. […] Read more
CME August 2023 lean hogs with 20-day moving average and CME cash lean hog index (brown line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs extend climb on bargain-buying

Cash prices support cattle futures

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Chicago | Reuters — Benchmark lean hog futures on the Chicago Mercantile Exchange set a one-month high on Monday on short-covering and bargain-buying as the July contract extended its rebound from life-of-contract lows set in late May, traders said. CME July lean hogs settled up 1.975 cents at 91.6 cents/lb. after reaching 93.125 cents, the […] Read more
File photo of a chicken processing line in Ukraine. (AlexanderLipko/iStock/Getty Images)
Livestock, Reuters

Canada extends Ukraine tariff-free access

Access to supply-managed sectors tightened

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Winnipeg | Reuters — Canada on Friday extended Ukraine’s tariff-free access for most goods, but tightened access for eggs, poultry and dairy — sectors protected under the Canadian supply-management system. Finance Minister Chrystia Freeland said tariff relief for Ukrainian goods such as steel — a temporary measure started a year ago — would continue for […] Read more
RJ Sigurdson, MLA for Highwood, is sworn in on June 9, 2023 as Alberta’s minister of agriculture and irrigation. (Government of Alberta video screengrab via YouTube)
Livestock

Calgary-area MLA named Alberta’s new ag minister

RJ Sigurdson to handle ag file, Horner moves to finance

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The Alberta government’s caucus lead on emergency medical services (EMS) reform has been promoted to handle the agriculture file in a post-election cabinet shuffle. RJ Sigurdson, MLA for the constituency of Highwood, just south of Calgary, was sworn in Friday by Lt.-Gov. Salma Lakhani as Alberta’s new minister of agriculture and irrigation, replacing Nate Horner. […] Read more

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