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CME June 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and brown lines) and CME lean hog index (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs firm nearby

Outside markets pressure live cattle

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Chicago | Reuters — CME’s nearby lean hog futures firmed on Tuesday, incentivizing producers to sell market-ready hogs rather than hold them for premiums later in the summer, analysts said. High futures prices “may have encouraged producers to take a little more risk,” said Altin Kalo, economist at Steiner Consulting Group. “When you’ve got such […] Read more
CME June 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle firm on strong packer demand

Export demand concerns drag on hogs

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Chicago | Reuters — CME live cattle futures firmed on Monday, supported by strong packer demand that supported cash prices, indicating a bullish outlook for summer month futures, analysts said. “Packer behaviour has been bullish for several weeks now. They are going after the cattle,” said Dennis Smith, commodity broker at Archer Financial. “I suspect […] Read more
CME June 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, hogs slip on demand concerns

Inflation on U.S. retail meat a worry

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Chicago | Reuters — CME Group live cattle and hog futures slumped on Friday, as investors worried about the prospect of food inflation weighing heavy on U.S. consumer meat demand as the summer grilling season gets underway, analysts said. Benchmark June lean hogs settled the day down 2.975 cents, to 104.1 cents/lb. (all figures US$). […] Read more
CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs climb, demand uncertainty remains

Chicago cattle futures lower

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Chicago | Reuters — CME lean hog futures firmed for a second session on Thursday, supported by bargain buying, though demand concerns capped gains, analysts said. “We’ve got conflicting fundamentals. Seasonally, hog supplies should continue to tighten into mid-summer. But right now there’s a lot of demand worry,” said Doug Houghton, technical analyst at Brock […] Read more
File photo of chicks on a genetic map of a chicken. (Peggy Greb photo courtesy ARS/USDA)
Livestock, Poultry/Eggs

High-path avian flu reaches Alaska

Canada books more cases in five provinces

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U.S. federal animal health officials have confirmed highly pathogenic avian influenza in a backyard flock in southern Alaska, showing the extent of current outbreaks’ reach across North America. The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) said Saturday it had confirmed the presence of high-path avian flu in a “non-poultry” backyard […] Read more
Reg Schellenberg.
Features, Livestock

A leg up for young cattle producers

CCA’s new president discusses his priorities, including investing in the beef industry’s next generation, improving market access and risk management, plus protecting Canada’s herd from foot-and-mouth disease

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Reg Schellenberg knows what it’s like to be a young rancher, just starting out with the odds stacked against his family. In the early 1980s, Schellenberg and his wife Shannon had become partners in her parents’ cow-calf operation, Perrin Ranching, south of Beechy, Sask. He was always interested in cattle and horses, and he worked […] Read more
CME June 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 ease

Cash prices maintain against lower futures

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Chicago | Reuters — CME Group live cattle futures eased on Wednesday, pressured as processors pull market-ready cattle forward heading into the late spring, analysts said. June live cattle futures are discounted versus the cash market, creating an incentive to sell before cash falls. “We’re going to start narrowing up cash and the June board,” […] Read more
An Angus bull wearing a rope halter at a cattle show.
Features, Livestock

The essentials to achieving anything worthwhile

Veterinary Case Study: The three great essentials to achieving anything worthwhile are hard work, stick-to-it-iveness and common sense

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It turned out to be Don’s first day of work. Third-year exams at the Western College of Veterinary Medicine had sapped most of his academic capacity. Now he searched for hard-core field experience and the savvy that comes with being a step closer to being a real veterinarian. I looked forward to someone to relieve […] Read more
CME July 2022 lean hogs (candlesticks) with 20-, 50-, 100- and 200-day moving averages (pink, brown, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs drop to January lows

Lower grain values continue to lift cattle

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Chicago | Reuters — CME lean hog futures on Tuesday dropped to their lowest prices since January on technical selling and concerns about risks to demand for U.S. meat, brokers said. U.S. pork exports to China have tumbled this year as Chinese producers rebuild their herds after outbreaks of the pig disease African swine fever. […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feedlot demand up prior to seasonal rally

Market for calves 'boiling hot' in Manitoba

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For the week ending April 30, western Canadian feeder cattle prices were quite variable. Yearlings traded $8 lower as much as $5 higher. Severe discounts were noted on fleshier cattle; some auction barns reported the bulk of cattle over 800 pounds were medium to heavier flesh. Deferred live cattle futures were under pressure but the […] Read more

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