
Livestock

U.S. livestock: October live cattle futures lowest since July
October hogs up almost a cent
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, with the most-active contract hitting its lowest price since July, as the market continued to retreat from recent highs. Futures and cash prices have jumped this year after drought reduced the amount of pastures available for grazing and prompted U.S. cattle […] Read more

U.S. livestock: CME live cattle set two-week low
Lean hogs touch June low
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stumbled to their lowest level in more than two weeks on Wednesday, while lean hogs hit their lowest price since June. Drought prompted U.S. cattle producers to reduce their herds since last year by driving up feed costs and reducing the amount of pasture available […] Read more

Production targets influencing profitability of backgrounded calves
Nutrition with John McKinnon
When beef producers discuss marketing, pricing often comes to the forefront of the discussion. To be current with market trends, astute producers will gather as much information on pricing as possible including working with marketing specialists, following the futures market and using various risk management strategies including price insurance. While it is hard to argue […] Read more

U.S. livestock: Technical selling extends setback in CME lean hogs
Live cattle futures generally sideways
Chicago | Reuters — Chart-based selling drove Chicago Mercantile Exchange lean hog futures lower on Tuesday, brokers said, as the market extended a recent setback. Most-active October lean hog futures fell 0.95 cent, or 1.2 per cent, to settle at 78.2 cents/lb. and touched their lowest price since July 3 (all figures US$). The contract […] Read more

Electronic logs in trucking industry raise concerns for fall cattle run
A shortage of drivers combined with regulations around rest times could add up to complications for truckers and auction marts this fall
Truck drivers have always travelled for long hours — especially when hauling livestock over the prairie or into the boreal forest of northern Ontario to their destination. Such trips illustrate the tricky balance between ensuring drivers get enough rest, yet complete the trip as quickly as possible for the sake of the animals they’re hauling. […] Read more

Klassen: Feeder market consolidates
USDA report considered supportive for Q4 fed cattle
Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. The steam appears to be coming off the market as larger volumes become available. Pastures have basically dried up in many areas of Western Canada, which has spurred on producer selling. The calf market was hard to define due to […] Read more

JBS posts quarterly loss on tight U.S. beef margins
'Greater balance' forecasted for global chicken supply
Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for its beef business in the U.S., where it gets most of its sales. JBS reported a net loss of 263.6 million reais (C$73.8 million), the […] Read more

U.S. livestock: CME lean hogs down on technical selling
Cattle futures also lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest level in six weeks on Monday on technical selling and ample U.S. supplies, brokers said. The market has pulled back after rising on Aug. 1 to its highest price since March. “Hogs are doing what they do — trying to find […] Read more

Respiratory diseases in cattle, including AIP, pique veterinarian’s curiosity
Dr. Emily Snyder’s curiosity over the years has led her to a place where improving the health of beef cattle is of utmost importance
“My big motivation is my own curiosity. I’m interested in knowing why animals get sick and what’s the cause of it,” said Snyder (DVM, PhD), an assistant professor in the Department of Large Animal Clinical Sciences at the University of Saskatchewan’s Western College of Veterinary Medicine. Snyder, who is from Iowa, didn’t grow up around […] Read more

U.S. livestock: Cattle futures fall as packers’ profit margins in red
Lean hog futures show gains
Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday, as cash cattle prices eased and packers continued to hemorrhage profits and remained reluctant to pay more for animals, analysts and traders said. Meanwhile, lean hog futures firmed as profit margins improved for pork processors. Limited cattle supplies kept a floor under the […] Read more