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Livestock Livestock

CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hog futures hit contract high

Cattle futures up on domestic, export demand for beef

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Chicago | Reuters — U.S. lean hog futures surged to a contract high on strong demand and technical buying on Tuesday, while cattle futures also advanced, analysts said. Chicago Mercantile Exchange April lean hog futures settled up 2.575 cents at 78.075 cents/lb. (all figures US$). The contract traded up to 78.225 cents, topping a previous […] Read more
Bootsman uses a quad to roll and unroll aircraft cable for electric fence.
Cow-Calf, Features

Working with farming neighbours to graze crop residue

Here’s how a cow-calf producer is extending the grazing season by working with local farmers

By
Fall and winter grazing can help a beef producer reduce winter feed costs, and some cattlemen are finding value in creating co-operative relationships with neighbouring farmers to graze crop residues. Joey Bootsman has a cow-calf operation near Rapid City, northwest of Brandon, Man., and for several years has made arrangements with farming neighbours to graze […] Read more
(Katie Ellement/iStock/Getty Images)
Dairy Cattle, Livestock

Canadian feed-grade dairy product class expanded

Buttermilk products now qualify for 4(m) permit price

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A dairy product class set up to boost markets for solids non-fat (SNF), by boosting their use in animal feed such as milk replacer, has been expanded to include more products. The Canadian Dairy Commission announced Monday that its 4(m) milk class has been updated to allow dairy processors to get the 4(m) permit price […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market bounces on optimistic outlook

Feed barley remains near historical highs

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Compared to last week, western Canadian yearling prices traded $2-$4 higher; prices for mid-weight calves were quoted $4-$8 above week-ago levels. Calves under 550 lbs. traded $6 to as much as $10 higher compared to seven days earlier. Improving feedlot margins were the main factor driving the feeder market. June and August live cattle futures […] Read more
CME April 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Profit-taking hits live cattle futures

CME April hogs also down off Friday's high

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Chicago | Reuters — U.S. live cattle futures weakened on Monday on profit-taking and as the market pulled back from a one-year high reached last week, traders said. Strong demand for beef has supported cattle futures recently, and beef prices continue to rise. Choice cuts advanced $1.82, to $235.77/cwt, and select cuts climbed $2.98, to […] Read more
CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle slide on end-month profit-taking

Firm pork prices support CME lean hogs

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Chicago | Reuters — U.S. live cattle futures closed lower on Friday as traders booked profits at the end of the week and month, and as Wall Street equity markets declined, traders said. Lower-than-expected cash cattle trades added to bearish sentiment. Market-ready cattle traded in the cash market as high as $113/cwt, traders said, up […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Markets, News

Fed cattle supply interest picks up in new year

The Markets with Deb McMillin, from the February 2021 issue of Canadian Cattlemen

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Fed cattle The start of fed cattle trading in 2021 saw active interest in supply with prices higher than year-end. The backlog from the spring of 2020 appears to have been cleaned up and packers are looking to secure additional inventory. The first weekly average reported in 2021 was $145.53/cwt. This was $1.16/cwt higher than […] Read more
CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle end narrowly mixed

Hogs also mixed, feeder cattle mostly lower

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Chicago | Reuters — U.S. live cattle futures closed narrowly mixed on Thursday, with the benchmark April contract inching higher as strong wholesale beef prices continued to support the market, traders said. Chicago Mercantile Exchange April live cattle settled up 0.075 cent at 122.7 cents/lb. (all figures US$). But front-month February futures ended lower, down […] Read more
CME April 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle, lean hogs end lower on profit-taking

March feeder cattle also lower

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Chicago | Reuters — U.S. live cattle futures fell on Wednesday in a light profit-taking setback following a four-session climb, and on spillover weakness from declines in Wall Street equity markets, traders said. However, continued strength in wholesale beef prices and expectations of higher cash cattle prices this week underpinned the market. Chicago Mercantile Exchange […] Read more

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