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(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Supplies drag CME hogs to eight-month low

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Monday were weakened by falling prices for slaughter-ready, or cash, hogs along with softer wholesale pork values as supplies build seasonally, said traders. They said packers also have more livestock at their disposal as packing plants prepare to shut down for the upcoming Labour […] Read more
Eastern beef research facilities get an upgrade
Cow-Calf, News, News Roundup

Eastern beef research facilities get an upgrade

Research: News Roundup from the August 2017 issue of Canadian Cattlemen

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A $15.5 million injection into the University of Guelph’s Elora research farm is expected to produce a world-leading beef research facility. Meat science researcher and nutritionist Dr. Ira Mandel says the new facility will allow the university to amalgamate the beef research herds from New Liskeard and Guelph. “We’re going to have a much larger […] Read more
(Video screengrab from AtlCat.ca)
Livestock, Machinery, Reuters

Toromont to buy Cat dealer Hewitt

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Reuters — Toromont Industries said Monday it would buy privately held Hewitt Group for about $1.02 billion in cash and shares to expand its network of heavy equipment dealers in Eastern Canada. Through the deal, Concord, Ont.-based Toromont will acquire Hewitt’s 45 Caterpillar dealerships in Quebec, the Maritimes, Labrador and Ontario, increasing the number of […] Read more
(USDA.gov via Flickr)
Finishers, Livestock, Markets, Reuters

U.S. July feedlot cattle placements smaller than expected

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Chicago | Reuters — Ranchers in July placed 2.7 per cent more cattle in U.S. feedlots than a year ago, the U.S. Department of Agriculture reported on Friday, which fell short of average analysts’ forecasts. Dwindling profits for feedyards, after being paid less for their cattle by packers, discouraged them from buying calves for fattening […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Live cattle gain before USDA report, but off highs

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Chicago | Reuters — Chicago Mercantile Exchange live cattle posted modest gains on Friday after investors tweaked positions before the U.S. Department of Agriculture’s monthly Cattle on Feed report at 2 p.m. CT, traders said. Analysts polled by Reuters expect the report to show 6.2 per cent more cattle entered feedlots in July than a […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle snap back from nine-month low

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Chicago | Reuters — Chicago Mercantile Exchange live cattle settled higher on Thursday after short-covering and bargain buying rescued futures from a nine-month low earlier in the session, said traders. Technical buying and positioning before the U.S. Department of Agriculture’s monthly Cattle on Feed report on Friday provided more market support. August, which will expire […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle resume trek to nine-month low

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday hit a nine-month low for the fourth time in the past five sessions, led by seasonally soft wholesale beef demand and lower initial cash prices, said traders. Fund liquidation contributed to declines after deferred contracts slipped below key technical support levels, they said. […] Read more
Western Beef Development Centre on the move
Cow-Calf, News, News Roundup

Western Beef Development Centre on the move

Research: News Roundup from the August 2017 issue of Canadian Cattlemen

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This year’s summer field day at the Western Beef Development Centre (WBDC) marked the end of an era at Termuende Research Ranch, but the Termuende family legacy that underpinned the development of a dedicated forage-beef research and outreach program will live on when the WBDC program moves to the new Livestock and Forage Centre of […] Read more

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