
Livestock

U.S. livestock: Hog futures limit-up to highest since May 2019
Cattle futures bounce on bargain buying
Chicago | Reuters — U.S. lean hog futures rose their daily limit on Wednesday, hitting their highest in nearly two years on tight frozen stocks and expectations for strong Chinese demand, traders said. The U.S. Agriculture Department’s cold storage report issued on Tuesday afternoon fueled buying on Wednesday. “Belly and trim stocks are at four-year […] Read more

The economics of livestock and grass
Dallas Mount helps beef producers dial in their business practices, while also taking care of the land
Livestock farms and ranches can slowly become stale enterprises with owners satisfied to view them simply as infrastructure supporting a way of raising a family. Conceding to this long-term mediocrity is a dangerous stance for many operations. Dallas Mount of the Wyoming-based Ranch Management Consultants (RMC) is in the business of helping ranchers transition from […] Read more

U.S. livestock: Hog futures rise to highest since July 2019
April cattle dip to below 30-day moving average
Chicago | Reuters — Chicago Mercantile Exchange live hog futures rose to their highest since July 2019 on Tuesday, underpinned by strong demand. Cattle futures weakened for the fourth time in five days, with the most-active April live cattle contract sinking to a one-month low as activity at meat processors picked up with improving weather […] Read more

Klassen: Feeder cattle demand surges
Cow-calf producers already thinking spring
Compared to last week, western Canadian yearlings sold $3-$5 higher while calves traded $6 to as much as $10 higher. The return of moderate temperatures enhanced buying enthusiasm across the Prairies. Strength in deferred live cattle futures appeared to offset strong feed grain values. Yearling prices were rather soft through January and the first half […] Read more

U.S. livestock: Live cattle futures fall as supplies seen rising
April lean hogs up from Friday
Chicago | Reuters — U.S. live cattle futures fell on Monday, pressured by expectations of rising supplies as improving weather conditions in the southern U.S. Plains will allow meat processors to increase their slaughter, traders said. A deep freeze last week across Texas and the southern U.S. Plains caused power failures that shut down meat […] Read more

A demographic ready for a connection
Millennials respond positively to messages about nutrition and convenience of beef, especially when they hear it from third parties
This is the second instalment in a three-part series on millennial consumers and the opportunities for the Canadian beef producers in better understanding this demographic. Look for Part Three in the March 2021 issue of Canadian Cattlemen. You can read Part One here. When it comes to purchasing and consuming Canadian beef, millennials make a […] Read more

U.S. livestock: Live cattle end week lower
Hogs down on Olymel's plan to ship Canadian hogs south
Chicago | Reuters — U.S. live cattle futures rose on Friday, but failed to end the week higher as a cold snap across the U.S. Plains and into Texas hampered slaughterhouses and backed up cattle, traders said. “There’s still a big mess,” said Dennis Smith, commodity broker at Archer Financial. “The good news is, the […] Read more

Olymel shipping backlogged hogs to U.S.
Company-owned hogs to go south after COVID closes Red Deer plant
Winnipeg | Reuters — Olymel said Friday it was shipping pigs to the United States to help clear a backlog of hogs after it had to temporarily close its Red Deer, Alta. slaughter plant because of a coronavirus outbreak. Olymel shut the plant on Wednesday and declared force majeure — unforeseeable circumstances that prevent contract […] Read more

Late gestation rations for cows
Nutrition with John McKinnon
As I write this column, 2020 is finally in the rear-view mirror. I am sure that I am not alone in hoping that 2021 brings better days and in particular an end to this pandemic that has had such a personal and economic impact on the lives of Canadians. Despite this disruption to normal life, […] Read more

U.S. livestock: Live cattle futures dip on slaughter delays
Lower supply expectations support hog futures
Chicago | Reuters — U.S. live cattle futures fell on Thursday as short-term processing delays caused by power outages and frigid weather backed up cattle and softened cash prices, traders said. Chicago Mercantile Exchange April live cattle futures settled down 1.225 cents at 122.925 cents/lb., while the spot February contract ended 0.175 cents lower at […] Read more