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Tag Archives Cattle — page 44

CME March 2023 feeder cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Feeder cattle highest since 2015 as corn sags

Live cattle mixed, hogs mostly higher

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Chicago | Reuters — Front-month feeder cattle futures on the Chicago Mercantile Exchange hit the highest in nearly 7-1/2 years on Wednesday as falling prices for corn signaled cheaper feed costs, traders said. CME April feeder cattle futures settled up 1.4 cents at 200.075 cents/lb. after setting a life-of-contract high of 200.225 cents (all figures […] Read more
CME April 2023 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME feeder cattle climb to another contract high

April live cattle lower, lean hogs up

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures reached a contract high for a second consecutive session on Tuesday, while live cattle futures retreated from a contract high set a day earlier, brokers said. Reduced U.S. herd sizes due to drought have propelled futures higher recently, though some brokers said supply concerns have […] Read more
CME April 2023 feeder cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME feeder cattle set contract high on tightening supplies

Chicago live cattle also up, lean hogs down

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures jumped to a new contract high on Monday on firm cash prices and increasing concerns about reduced U.S. herd numbers, analysts said. Traders focused on tighter cattle supplies as demand from meatpackers for livestock to slaughter remained strong. Ranchers have reduced herd sizes due to […] Read more
CME April 2023 live cattle with 10-day moving average and Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hogs rally on strong outside markets

Weather forecast also supportive

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Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures rose sharply on Friday, as gains in outside markets bolstered optimism about the economy and consumer demand for beef and pork, traders said. Concerns that a late winter storm forecast for the U.S. Midwest this weekend could disrupt supply chains added support to livestock […] Read more
CME April 2023 live cattle with 10-, 20- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. livestock: Cattle, hogs ease on weak exports

Boxed beef prices seen firm

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Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Thursday, with signs of weakening export demand for beef and pork pressuring prices. Traders also said the cattle market was still ripe for profit taking even after falling on Wednesday. The U.S. Agriculture Department said on Thursday morning export sales of beef […] Read more
Holly McGill, ruminant nutritionist, Elanco Canada Ltd., explains the importance of meeting a cow’s nutrient needs throughout gestation to optimize performance and profitability.
Livestock

Investment in balanced nutrition boosts long-term herd productivity

Optimizing maternal nutrition leads to more efficient and better quality progeny

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Skimping on cow nutrition to meet a shrinking bottom line could hurt more than it helps by reducing herd profitability.   Holly McGill told Beef Day attendees at Grey Bruce Farmers’ Week that optimizing nutrition through forage testing, measuring cow mineral intake and minimizing or eliminating waste is better than cutting corners to save cash.  “Especially […] Read more
Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)
Markets

Crop, livestock prices offset reduced marketings in 2022

StatCan data on farm cash receipts tracks recovery off 2021 drought

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New full-year data on Canada’s farm cash receipts in calendar 2022 show how increased commodity prices last year more than offset the drop in quantities sold. Statistics Canada on Tuesday released figures showing Canadian farm cash receipts in 2022 at $94.9 billion, up 14.1 per cent from 2021, including crop receipts of $53.9 billion (also […] Read more
Expiration day for CME’s February 2023 live cattle contract, with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures strong

Lean hog futures close mixed

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended firm on Tuesday, with the front-month contract hitting its highest in more than eight years as tight supplies continued to underpin the market. Hog futures ended mixed. Expectations for strong cash prices for the next few months due to tight supplies supported cattle futures. […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures dip on profit-taking

Chicago lean hog futures also fall

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Monday, with a mild round of profit-taking pulling prices from eight-year highs. But concerns about tight supplies limited the selling. Hog futures also were weaker, pressured by a government report that showed robust stocks of pork. Thinly traded February live cattle futures dipped […] Read more

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