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Livestock Livestock

CME August 2022 live cattle (candlesticks) with 20-, 100- and 200-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle reach three-week peak

Lean hogs mixed; U.S. Plains heat wave looms

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit a three-week high on Tuesday on sinking corn feed prices and concerns that hot, dry weather at central and southern Plains feedlots will continue to shrink livestock supplies, traders said. Technical buying further fueled the gains as cattle markets advanced despite broad-based selling across […] Read more
CME August 2022 live cattle (candlesticks) with 20-, 50- and 200-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle jump on cash market premiums

Feeder cattle firm, lean hogs mixed

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Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts firmed on Monday on technical buying and support from the premium of cash market prices to the actively traded front-month futures contract. Live cattle drew further support from firm beef prices and gains in feeder cattle futures. “Live cattle were up on the strong cash […] Read more
A Savoye X-PTS shuttle. Scott Technology has had a joint venture agreement in place with Savoye since 2020 to use Savoye automated carton storage and retrieval systems in Scott material handling systems. Scott said it also plans to use the Savoye system in its project for JBS at Brooks. (ScottAutomation.com)
Beef Cattle, Livestock, Machinery

JBS to automate beef warehousing at Brooks

Packer to replace current fully manual system

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International meat packer JBS has enlisted a major robotics and automation company to overhaul the warehousing system at one of Canada’s biggest beef plants. JBS Foods Canada on Friday announced a $71 million project in partnership with New Zealand-based Scott Technology, to design and build a system that can handle and store up to 85,000 […] Read more
CME August 2022 live cattle (candlesticks) with 20- and 100-day moving averages (pink and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle, feeder cattle slump

Deferred-month lean hogs up

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Friday as brokers said steady-to-lower cash prices were seen as disappointing. Feeder cattle futures also finished weaker, under pressure from climbing prices of grain used for livestock feed, brokers said. Traders kept an eye on the cash market, where prices are trading at […] Read more
CME August 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs touch highest level since April

Live cattle up, feeder cattle lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped to their highest price since April on Thursday on U.S. supply concerns and strength in outside markets, brokers said. Live cattle reached a two-week high in the most-active contract, while feeder cattle futures slumped under pressure from soaring costs for grain used for livestock […] Read more
(GFM Staff photo)
Beef Cattle, Livestock

National cattle producer group rebrands

Former Canadian Cattlemen's Association renamed

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Canada’s national beef cattle producer body is rebranding under a slightly shorter new name that serves in part to clear away any potential whiff of a guys-only club. The organization formerly known as the Canadian Cattlemen’s Association on Thursday launched what it describes as a “a new brand identity, highlighting the strong and diverse group […] Read more
(Artisteer/iStock/Getty Images)
Dairy Cattle, Livestock, Markets

New CEO named for Canadian Dairy Commission

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The Canadian Dairy Commission has hired from within for its new chief executive. Federal Agriculture Minister Marie-Claude Bibeau on Wednesday announced Benoit Basillais, the CDC’s director of policy and economics, became the Crown corporation’s new CEO effective Monday. Basillais replaces Serge Riendeau, the dairy producer and former Agropur Co-operative president who’s been the CDC’s chief […] Read more
CME August 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs advance in turnaround from losses

Live hog futures in China drop sharply

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Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures closed stronger on Wednesday as the livestock markets recovered from losses in the previous session that were linked to fears of a global economic recession, traders said. Wall Street also finished higher, after broad declines in equities and commodities on Tuesday spilled over into […] Read more
(Photo courtesy Canada Beef Inc.)
Cow-Calf, Forages, Hay, News, Pasture

Satellite forage insurance posed as potential risk-management solution for cattle producers

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When the federal and provincial governments asked Global Ag Risk Solutions if they had any forage insurance products for cattle producers, they said no, but that they would try to develop one. From there, they started looking into satellite-based forage insurance for cattle producers. “We saw an opportunity that forage insurance is not sufficient for […] Read more

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