Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Friday after racing to all-time highs during the previous three sessions as tightening U.S. supplies rallied cash prices. Profit-taking and technical pressured futures following the surge, though the market could still post new highs moving forward, analysts said. Surging cash prices this week […] Read more
Tag Archives Cattle — page 41
U.S. livestock: CME live cattle pull back from all-time highs
Chicago lean hogs up off contract lows
U.S. livestock: CME live cattle hit another record high
Cattle producers seen playing hard ball; hogs touch contract lows
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a record high for the third consecutive session on Thursday as producers held out for higher prices from meatpackers searching for supplies, brokers said. Strong cash prices and tightening supplies have pushed futures above a 2014 record for the front-month contract, after ranchers reduced […] Read more
U.S. livestock: CME live cattle hit record high as packers scramble for supplies
Chicago lean hogs continue lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stormed to an all-time high on Wednesday as meatpackers scrambled to buy livestock at a time when supplies are tightening, brokers said. Ranchers have reduced their herds due to high feed costs and drought in the western U.S., forcing packers such as Tyson Foods and […] Read more
U.S. livestock: Cattle futures continue climbing
Lean hog futures down on day
Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures continued climbing Tuesday, with most-active June live cattle again reaching a new contract high. CME June live cattle closed Tuesday at 163.95 cents/lb., up 0.25 cent on the day, while lightly-traded front-month April also closed at a new contract high of 172.3 cents, up 0.925 […] Read more
Another way to look at environmental metrics
Protein density and ecosystem impacts make meat competitive with grains, say researchers
When attempting to get an accurate gauge of global food security and protein sufficiency, metrics matter. The food sufficiency metric must reflect what each type of food production supplies, including environmental benefits, social structures or sustainability credentials, said Dr. Vaughn Holder, Alltech’s ruminant research director. Why it matters: Accurate analysis of livestock’s impact on global […] Read more
Tackling feed requirements through breeding
Lactanet publishes new body maintenance index for bulls
Lactanet is introducing its Body Maintenance Requirements (BMR) evaluations for bulls this month as part of its ongoing work to help dairy producers maximize production per kilogram of dry matter intake. Speaking at Lactanet’s recent Open Industry session, geneticist Dr. Allison Fleming said the BMR is not directly related to feed costs per litre of […] Read more
U.S. livestock: Sizzling cash cattle prices ignite rally in CME futures
April hogs up, June down
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures leapt to contract highs on Thursday as cash prices soared, stoking concerns about tightening U.S. supplies. Meatpackers had to be aggressive in the cash market, brokers said, after ranchers have reduced their herds due to high feed costs and drought in the western U.S. Cattle […] Read more
U.S. livestock: CME cattle up on higher cash price expectations
June lean hogs hit new lows
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Wednesday on expectations for higher U.S. cash prices this week, as lean hog futures set contract lows, analysts said. Cash cattle were bid at about $168/cwt in the southern Plains, roughly $1 higher than the bulk of trading last week, said Dennis Smith, […] Read more
U.S. livestock: CME cattle slide on profit-taking
April lean hogs set contract low
Chicago | Reuters — Profit-taking pushed down Chicago Mercantile Exchange cattle futures on Tuesday, while front-month lean hog futures tumbled to another contract low. Losses on Wall Street helped set a negative tone for the markets, as live cattle futures pulled back from contract highs reached on Monday, traders said. “Cattle-wise, we got a bit […] Read more
Feed processors get new standards
Animal nutrition companies now have a new set of standards to follow with recent updates to the FeedAssure program. The Animal Nutrition Association of Canada (ANAC) recently announced the official release of the updated FeedAssure program, version 4.0 (2022). FeedAssure, the feed safety program designed for the Canadian feed industry, is owned and administered by […] Read more
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