
Livestock

U.S. livestock: Hog futures hit lowest since late 2021
Ballooning supplies an issue; cattle futures mixed
Chicago | Reuters — Chicago Mercantile Exchange hog futures fell to their lowest in more than a year on Wednesday, with plentiful supplies and weak export demand weighing on prices, traders said. Cattle futures were mixed, with nearby contracts easing while deferred contracts firmed on concerns about low animal weight. February lean hog futures ended […] Read more

U.S. livestock: CME cattle futures firm even as feed prices weigh
Lean hogs end lower, pork packing margins up
Chicago | Reuters — Chicago Mercantile Exchange livestock futures were mixed on Tuesday as soybean and grain prices firmed, traders said. Live cattle and feeder futures were able to continue Monday’s price bump. But the higher feed prices weighed on the beef market, as did questions over consumer and export demand, StoneX chief commodities economist […] Read more

Klassen: Feeder market’s upward trend continues
Manitoba, Saskatchewan see limited gains
Compared to last week, western Canadian feeder cattle markets traded $2-$3/cwt higher on average. Southern Alberta appeared to lead Western Canada. Prices in the Lethbridge area were up $8/cwt to as much as $15/cwt from week-ago levels. Major operations have liquidated a significant amount fed cattle and become more current with production. There was a […] Read more

U.S. livestock: CME cattle firm on bargain buying, grain values
Chicago lean hogs end day lower
Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Monday amid a spate of bargain buying after a recent slump in prices helped mute market impact of the bearish results of the latest Cattle on Feed report from the U.S. Agriculture Department, traders said. Cattle futures also were boosted by a sharp drop […] Read more

Plan ahead for winter calving
Vet Advice with Dr. Ron Clarke
In Canada, cold weather potentially spans five to six months. Generally, December, January and February are considered cold months, although winter weather can start in November and last through late March or early April. Successful management of calving in cold weather requires planning. Consider the nutritional needs of bred heifers and cows before calving. Adequate […] Read more

U.S. livestock: CME cattle end higher, rebounding ahead of USDA data
Hogs up after several days' slide
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Friday on bargain buying a day after setting one-month lows, and as traders squared positions ahead of monthly feedlot data released by the U.S. Department of Agriculture after the close of trading. CME February live cattle settled up 0.675 cent at 156.625 cents/lb., […] Read more

Cattle-on-feed numbers rise, feed costs remain at ‘record-high levels’
The Markets with Deb McMillin, from the February 2023 issue of Canadian Cattlemen
Fed cattle Smaller slaughter numbers and lighter carcass weights through the holidays led to a stronger cash price as we started the new year. The first week of trade in 2023 ended with an average of $186.04/cwt, which was $1.54/cwt higher than the end of 2022 and over a $3/cwt improvement from the December low. […] Read more

Cattle feed: A tale of two countries
Nutrition with John McKinnon
Throughout my career, I have had numerous opportunities to meet and talk with beef producers across Canada and in countries such as Mexico, China, New Zealand and Japan. However, until recently I never had the opportunity to interact in an extension setting with American producers. That changed last month when I gave a presentation to […] Read more

U.S. livestock: CME live cattle futures hit one-month low
USDA data awaited; hogs down on wholesale pork price weakness
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Thursday with the most-active April contract hitting a one-month low on technical selling, soft cash cattle markets and weak wholesale beef prices, traders said. CME February live cattle settled down 0.85 cent at 155.95 cents/lb., near its 50-day moving average, after touching 155.375 […] Read more

Avian flu pops back up in New Brunswick
B.C. only other province with cases so far this month
Highly pathogenic avian influenza in domestic birds in Canada appears to be in check so far this month in most regions of the country outside southwestern B.C. — but for one recent case in Atlantic Canada. The Canadian Food Inspection Agency (CFIA) has confirmed an outbreak of high-path avian flu in what it describes as […] Read more