
Tag Archives Cattle

Health Canada warns people not to take livestock dewormers
No evidence that drug is effective against COVID-19
“Concerning reports” of people in Canada seeking out veterinary-grade dewormers for personal use have led Health Canada to formally advise against doing so. News reports in Western Canada in the past week have described increased demand from non-farming consumers for veterinary-grade ivermectin, whether at livestock supply retailers or online. While ivermectin is an antiparasitic drug […] Read more

U.S. livestock: CME live cattle fall to lowest in three weeks
Hogs down off Monday's climb
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped to their lowest prices in more than three weeks on Tuesday as boxed beef prices continued to weaken amid expectations for reduced demand, analysts said. Lean hog futures also declined as traders adjusted positions on the last day of the month and ahead of […] Read more

Argentina extends beef export cap, stoking farm tensions
Move seen as 'giving markets to other countries'
Buenos Aires | Reuters — Argentina extended beef export restrictions until the end of October on Tuesday, stoking tensions with the powerful farm sector as the government seeks to bolster domestic meat supply to help contain rising food prices. The move comes months before key mid-term elections, with centre-left President Alberto Fernandez keen to avoid […] Read more

Cattle nutrition vs. market quality: Is there a relationship?
Nutrition with John McKinnon
If you have been a regular reader of this column, you will know that I often write about the design of backgrounding and finishing programs. In these columns, I focus on formulating diets to specific energy and protein levels that target desired rates of gain for different classes of cattle. In the case of finishing […] Read more

U.S. livestock: CME live cattle follow boxed beef lower
Feeder cattle mostly firmer, hogs lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures sagged on Monday as beef prices fell and brokers worried that U.S. demand for steaks and hamburgers will decline after the upcoming Labour Day holiday weekend. Beef prices have softened after reaching their highest price since May 2020 last week as retailers stocked up for […] Read more

U.S. livestock: CME lean hogs rise, narrowing discount to cash market
Technical selling drags on live cattle
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed on Friday, led by the nearby October contract, in a technical and bargain-buying rally that narrowed the market’s sizeable discount to the exchange’s lean hog index, traders said. Actively traded October futures scaled to a 3-1/2 week peak and closed near its session high, […] Read more

U.S. livestock: CME cattle futures fall on lower cash cattle
Hogs down on supply expectations
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a third day on Thursday, as the softer cash market in the southern U.S. Plains weighed on futures, traders said. “This cash just continues to struggle,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc. “We’ve just got that anchor in […] Read more

U.S. livestock: CME cattle futures ease as beef prices cool
Lean hog index still at premium to futures
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Wednesday, as beef prices eased ahead of the Labour Day holiday, traditionally a big beef consumption holiday, traders said. “We’re getting into that lull period ahead of the Labour Day holiday, where the retailers have already got their product purchased from the packers,” […] Read more

Building a career as a livestock buyer
Lyal Fox Jr. reflects on what’s changed, what’s remained constant and what he’s learned over the years buying livestock
The Fox family is well known in the Canadian livestock industry, as breeders of Holsteins, Percheron and Morgan horses, polled Hereford and Angus cattle, and sheep. They have been involved in many different operations all over the world. One family member, Lyal Fox Jr., forged a slightly different path as a livestock buyer. In the […] Read more

U.S. livestock: CME cattle futures post new highs, end mixed
Hogs down on supply outlook
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied to contract highs on Tuesday but ended mixed, with nearby contracts pressured by ideas that beef prices are topping out after a surge to nearly 15-month highs, traders said. Deferred live cattle contracts, however, were higher on the day on concerns about tight cattle […] Read more