
Tag Archives Cattle

Klassen: Weaker Canadian dollar supports feeder market
Weather optimal for bringing in fresh replacements
Compared to last week, western Canadian yearlings traded steady to $2 higher on average while calves traded $2 higher to $4 lower. The calf market was hard to define due to limited numbers while larger supplies of yearlings were on offer in Manitoba this past week. Alberta packers were buying fed cattle on a dressed […] Read more

U.S. livestock: CME live cattle mixed
Tight supplies underpin futures
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed to firmer on Monday, supported by diminished supplies of market-ready cattle that should be reflected in the U.S. Agriculture Department’s monthly Cattle on Feed report, due Friday. “It’s been a slow climb, but it’s also predicated on very large demand,” said Dennis Smith, […] Read more

Saskatchewan family shares passion for cover cropping
The Gavelin family finds their cover crops perform well even under adverse conditions
Dark clouds roll in as a charter bus drives down gravel roads near McCord, Sask. Marla Gavelin, one of the people hosting the field day from the Prairie South Holistic Management group, speaks to the people in attendance. She compares the Gavelins’ farm to the Sahara Desert with a fond laugh, and the 70-plus people […] Read more
Canadian Limousin Association AGM and Impact Show
Purely Purebred, news from the September 2022 issue of Canadian Cattlemen
The Canadian Limousin Association held its AGM on July 14 in Bragg Creek, Alta., hosted by Highland Stock Farms Ltd. The association was pleased to welcome Michael Machan of Renfrew, Ont., to the board of directors. Wayne Burgess of Carstairs, Alta. was re-elected as president. Ashton Hewson of Unity, Sask., is vice-president and Travis Hunter […] Read more

U.S. livestock: CME lean hogs end firmer, live cattle stumble
Feeder cattle futures mixed
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher on Friday as the market moved up toward cash prices, analysts said. October lean hogs closed 0.85 cent stronger at 96.9 cents/lb. (all figures US$). The contract earlier in the session rose to 96.925 cents, its highest price since Aug. 23. Most-active December […] Read more

U.S. livestock: December lean hogs hit four-week high
CME live cattle also finish stronger
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures touched a four-week high on Thursday on technical buying and concerns about tightening supplies, analysts said. Demand from pork processors helped underpin futures as packers’ profit margins improved, a broker said. Margins were estimated to be $2.45 per hog, up from a loss of $4.15 […] Read more

Show us the money, Part 2: Balancing beef carcass quality and yield
Only by sharing grading information can the industry signal market demand to cow-calf producers
In my previous column, our editor kept me on track when she titled it Show Us the Money. That was appropriate because I have noted that cattle producers do follow the money. That is to say, they absolutely do respond to market signals, but when no such signal exists, they can’t. In this column, I […] Read more

U.S. livestock: Hog futures fall
Cattle futures mixed
Chicago | Reuters — U.S. hog futures fell on Wednesday, turning lower on a round of profit-taking after the most-active December contract hit its highest in more than three weeks early in the trading session. Cattle futures were mixed, with live cattle contracts easing for the second day in a row while feeder cattle futures […] Read more

U.S. livestock: Live cattle futures slip from seven-year peak
Hogs up on technical buying
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell after hitting their highest in seven years on Monday. Feeder cattle futures continued to weaken, with the front-month contract dropping to a five-week low, as the prospect of high feeding costs due to strong corn prices pressured the market. Hog futures firmed on technical […] Read more

U.S. livestock: CME lean hog futures weaken
Live cattle futures gain, feeder cattle under pressure
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures eased on Monday as the U.S. Agriculture Department lifted its forecast for domestic pork production and lowered its price outlook for pigs for this year. The department, in a monthly report, raised its estimate for pork production in the third quarter by 0.9 per cent […] Read more