Chicago Mercantile Exchange (CME) lean hog futures firmed on technical trading and weaker wholesale prices on Wednesday, while live cattle futures ended lower on a day of choppy trade, market analysts said.
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Beef cattle
U.S. livestock: Lean hog futures higher on technical trade; cattle futures mixed
Farm writer and political fundraiser Mark Kihn passes
After a long struggle with cancer, Mark Kihn, the former owner and publisher of the Charolais Banner, has died. Outside the beef industry, Kihn is likely best known for his work fundraising for Stephen Harper, rustling up over $3.5 million for Harper’s two leadership campaigns.
U.S. livestock: CME lean hogs turn down on seasonal dip
Chicago Mercantile Exchange (CME) live and feeder cattle futures turned higher on Tuesday as the cash cattle market remained strong, while lean hogs turned lower as traders anticipated slowing ham sales.
Klassen: Western Canadian yearling prices hit fresh record highs
The year-over-year decline in last year’s calf crop has caused the market to set new records. Larger finishing feedlots are setting the price structure as many of these lots have seasonal low inventory. The quality of yearlings coming off grass is excellent with buyers shopping for feed efficiencies.
U.S. livestock: Lean hog, cattle futures turn lower on demand questions
Chicago Mercantile Exchange (CME) livestock futures turned lower on Monday, as cattle futures fell on signs of profit taking, a steady cattle cash market and uncertainty about consumer demand for beef this fall, market analysts said.
Beef imports from Britain jump 177 per cent
Canada exports zero beef to the U.K.
Glacier FarmMedia – Beef imports from the United Kingdom are up 177 per cent in the first four months of 2024. Canada imported $10.2 million worth of beef from Jan. […] Read more
Ontario beefing up support for cattle producers
A $240 million increase to the Feeder Cattle Loan Guarantee program will help strengthen Ontario’s beef sector. The increase doubles the loan program’s scope to $500 million in low-interest finance […] Read more
U.S. livestock: Feeder cattle gain strength as corn prices plunge
Chicago Mercantile Exchange (CME) cattle futures ticked up Friday on steep losses in the U.S. grains market, while lean hogs mostly firmed on short-covering, analysts said.
U.S. livestock: Live cattle futures surge on cash market, GDP data
Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures climbed on Thursday, as prices in the cash market rose and signs of strength appeared in the U.S. economy, market […] Read more
Feed Weekly: Crops still in ‘relatively good condition’
The hot and dry weather present in much of the Prairies for much of July may not have yet put a dent in production numbers. Matt Beusekom, trader for Market […] Read more