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CME August 2022 live cattle (candlesticks) with Bollinger bands (20,2) and 200-day moving average (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rally on concerns about supplies

July lean hogs turn lower

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures rallied on Wednesday, supported by technical buying and signs of tightening supplies in the cash market, traders said. On a continuous basis, the front-month fed cattle contract hit its highest since November 2015. Live cattle hit a six-week high. Hog futures ended weaker, giving up early […] Read more
cows in a feedlot
Beef Cattle, Markets, News

Fed cattle market sees strength

The Markets with Deb McMillin, from the June 2022 issue of Canadian Cattlemen

By
Fed cattle The western Canadian fed cattle market has strengthened to $172.26/cwt, an increase of four per cent or just over $7/cwt. Compared to a year ago, the mid-May average is $8.83/cwt higher. While the average price increase is favourable, there are cost increases and higher break-even levels on these cattle, record-high cost-of-gain and the […] Read more
File photo of a trumpeter swan in springtime on Marsh Lake, southeast of Whitehorse. (Scalia Media/iStock/Getty Images)
Livestock, Poultry/Eggs

Northern egg harvesters cautioned over avian flu

High-path H5N1 found in wild birds in Yukon

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Residents of Canada’s northern territories who harvest migratory wild birds and their eggs this spring are urged to take precautions as highly pathogenic avian influenza makes its way northward. The Yukon government’s animal health unit on May 27 reported confirmed cases of high-path H5N1 avian flu in two wild waterfowl carcasses. “Spring migration is ongoing […] Read more
(Dallasgolden/iStock/Getty Images)
Beef Cattle, Livestock, Markets, Reuters

Fifth-generation cattle rancher aims to build biggest U.S. beef plant

Plan could help address U.S. government's beef over beef prices

By , ,
Chicago | Reuters — A fifth-generation cattle rancher and consultant plans to build the country’s largest beef plant in South Dakota with capacity to slaughter 8,000 head of cattle a day. The US$1.1 billion project could help address the Biden administration’s concerns about rising food prices and a lack of competition in the meat sector, […] Read more
CME August 2022 live cattle (candlesticks) with 10-, 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures fall as corn prices rise

Supply outlook also a concern

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday, pressured by ample supplies and concerns about feed costs due to high corn prices, traders said. Hog futures were also weak. U.S. beef processors on Monday slaughtered an estimated 125,000 cattle, up from 117,000 a year ago, the U.S. Department of Agriculture […] Read more
CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle, feeder cattle touch three-week highs

July lean hogs close lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped a three-week high in the most-active contract on Friday before ending lower amid pre-weekend profit-taking, analysts said. Feeder cattle futures also exceeded a three-week high, while lean hog futures came under pressure at the CME. Strong demand for cattle from meatpackers and a decline […] Read more

Canadian Cattlemen Presents: Depth of Field

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