Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures saw a choppy day of trading on Wednesday, before rallying later in the session on short-covering and technical buying, traders said. December live cattle futures dipped below its 200-day moving average of $177.50 before bouncing up (all figures US$). January 2024 feeder cattle futures also […] Read more
Tag Archives Cattle — page 24
U.S. livestock: Cattle futures rally late in session on technical buying
Hogs down on technical selling
U.S. livestock: Cattle futures sink to May lows
CME December hogs continue higher
Chicago | Reuters — U.S. cattle futures sank to their lowest prices since May on Tuesday on fund liquidation and profit-taking, traders said. Follow-through selling pressured the markets after losses on Monday, along with softer boxed beef prices, traders said. The U.S. Department of Agriculture priced choice cuts of beef at $300.38/cwt, down $1.34 from […] Read more
U.S. livestock: CME cattle slide on concerns over beef demand
Chicago December lean hogs settle higher
Chicago | Reuters — Live cattle futures dropped to their lowest level in more than a week at the Chicago Mercantile Exchange on Monday on concerns about the risk for easing demand for U.S. beef. Feeder cattle futures also declined, while lean hog futures ended higher. Lower-than-expected cash cattle prices last week contributed to uncertainty […] Read more
Research shows controlled bunk feeding improves feed-to-gain ratio
Ontario study shows consistency in feed delivery, feed mix order and mix time improves feed efficiency
Monitoring the behaviour of cattle at the feed bunk can help maintain rumen health and improve efficiencies in feedlots. Given crop production costs, feed inputs and time invested in nutritional inputs and ration formulation, producers want to maximize return wherever possible. Why it matters: Bunk management can help cattle feeders improve delivery efficiencies and maximize […] Read more
U.S. livestock: CME hog, cattle futures down on profit-taking
Cash hog values seen softer
Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures closed lower on Friday, retreating on a round of profit-taking after the benchmark December contract rose to its highest level in a month. Soft cash hog values, weaker wholesale pork prices and a large weekly hog slaughter added to bearish sentiment. “We’ve had a pretty […] Read more
CCIA to track certified sustainable beef
The Canadian Roundtable for Sustainable Beef says greater data visibility will help it find the holes in its pipeline
Glacier FarmMedia – A new partnership with the Canadian Cattle Identification Agency will help Canada’s certified sustainable beef system find out where cattle are dropping out of the supply chain, according to the Canadian Roundtable for Sustainable Beef. It will also allow producers to track certified animals through the value chain, said the CRSB. Why […] Read more
U.S. livestock: CME cattle, hogs soar as U.S. Fed piques investors’ risk appetite
Beef, pork export sales above four-week average
Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle and hog futures rose on Thursday following broad strength in Wall Street equities, crude oil and other commodities, as investors’ risk appetite increased a day after the U.S. Federal Reserve kept benchmark interest rates on hold. “The emphasis is really from the ‘risk-on’ macro play, driven […] Read more
U.S. livestock: CME cattle firm on cash market optimism
Lean hog futures end lower
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures closed modestly higher on Wednesday, with the benchmark December contract extending its rebound from a four-month low set last week, buoyed by technical buying and expectations of rising cash cattle prices. Sellers in the Kansas and Texas cash markets were offering slaughter-ready cattle as […] Read more
U.S. livestock: CME cattle rise on hopes for cash prices
Hogs also higher; livestock futures down on month
Chicago | Reuters — Chicago Mercantile Exchange livestock futures crept higher on Tuesday as the cattle markets continued to rebound from multi-month lows reached last week. Expectations for higher cash prices this week and beyond helped to underpin futures, analysts said. Cash prices improved on Friday, compared to the middle of last week. CME October […] Read more
Quick test could improve treatment decisions in cattle
Researchers use water troughs to monitor resistant bacteria
Researchers are seeking ways to manage antimicrobial-resistant bacteria on farms, including quicker evaluation of bacteria so treatment can be better targeted. Agriculture and Agri-Food Canada (AAFC) and University of Saskatchewan veterinary school researchers are studying feedlot water troughs, hoping the water can tell them what sort of anti-microbial resistant bacteria are present. Why it matters: […] Read more
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