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Tag Archives Cattle — page 47

CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: April live cattle down slightly

U.S. cattle inventory report shows steep decline; lean hogs also lower

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Chicago | Reuters — U.S. live cattle futures climbed to new contract highs early in the session before settling slightly lower on Tuesday, as traders assessed U.S. cattle inventory levels ahead of the U.S. Agriculture Department’s biannual report. After the market closed, USDA reported that the U.S. beef cow herd dropped to 28.9 million head, […] Read more
(RyanJLane/E+/Getty Images)
Livestock

U.S. beef cow herd falls to lowest level since 1962, USDA says

Last year saw record cull, Rabobank reports

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Chicago | Reuters — The U.S. beef cow herd dropped to its lowest level since 1962, U.S. Department of Agriculture data showed on Tuesday, after a severe drought raised costs for livestock feed. Ranchers increasingly sent cows to slaughter last year, instead of keeping them to reproduce, as dry weather reduced the amount of pasture […] Read more
Strategically marketing cows likely not to conceive in the following breeding season and investing the equity into early cyclers who will consistently provide a heavier calf at weaning is worth culling early, says Dr. Jordan Thomas.
Livestock

Are your cows being overvalued?

Cow depreciation: the silent killer of cow-calf profitability

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Dr. Jordan Thomas says knowing which cows to cull in a cow-calf operation, and when, can increase profitability and improve productivity. “We’re all businesses, and I think that’s a really important point that often gets overlooked in producer meetings like this one,” said Thomas. “We are really trying to generate a positive return on assets. […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle firm on strong cash trade

Cattle inventory report due out Tuesday; CME hogs end mixed

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Chicago | Reuters — U.S. live cattle futures firmed on Monday, supported by strengthening cash trade and in anticipation of the U.S. Agriculture Department’s biannual cattle inventory report, due out on Tuesday. “Historically, the cattle inventory report wouldn’t be that big of a market mover. But it is a good check in on where you’re […] Read more
CME April 2023 lean hogs with 10-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures drop on plentiful supplies

Live cattle steady to weak

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Chicago | Reuters — U.S. hog futures eased on Friday, with ample supplies weighing on prices due to a heavy pace of slaughter this year. Live cattle futures were steady to weak in rangebound trade, with light activity in the cash market hanging over prices. February lean hog futures dropped 1.15 cents, to 75.875 cents/lb., […] Read more
CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures up off lowest since December 2021

Cattle futures down with cash markets

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Chicago | Reuters — U.S. hog futures rose on Thursday as strength in cash markets and rising export demand sparked a round of bargain buying after prices hit their lowest in more than a year. But weakness in the cash markets weighed on cattle futures. The U.S. Agriculture Department said on Thursday morning that export […] Read more
File photo of a cow grazing near Leader, Sask., about 85 km south of Kindersley. (James_Gabbert/iStock/Getty Images)

Saskatchewan holds Crown grazing rents at last year’s levels

Also, leaseholders on drought-downgraded land eligible for rate cut

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Cattle producers leasing Crown land for grazing in Saskatchewan won’t see a rate hike this year and may be eligible for a significant rate cut. The provincial government announced Wednesday it has frozen the rates charged to producers who lease Crown grazing land in 2023 at their 2022 level. The freeze will apply to all […] Read more
CME February 2023 lean hogs with 20- and 50-day moving averages and CME cash lean hog index (black line). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures hit lowest since late 2021

Ballooning supplies an issue; cattle futures mixed

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Chicago | Reuters — Chicago Mercantile Exchange hog futures fell to their lowest in more than a year on Wednesday, with plentiful supplies and weak export demand weighing on prices, traders said. Cattle futures were mixed, with nearby contracts easing while deferred contracts firmed on concerns about low animal weight. February lean hog futures ended […] Read more
Colgan’s Chanel 22 C was sold for $48,000 to an Australian farm but will stay in Canada because of travel restrictions.
Livestock, News

Speckle Park cow from Ontario excels at Agribition sale

Colgan’s Chanel 22 C was sold for $48,000 to an Australian farm but will stay in Canada because of travel restrictions

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Glacier FarmMedia – A girl should be two things: classy and fabulous,” according to the Chanel fashion house. If a cow can indeed be classy and fabulous, Colgan’s Chanel 22 C fits the bill. The Speckle Park is almost eight years old, due to calve Jan. 21, and topped the Canadian Western Agribition sale this […] Read more
CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures firm even as feed prices weigh

Lean hogs end lower, pork packing margins up

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Chicago | Reuters — Chicago Mercantile Exchange livestock futures were mixed on Tuesday as soybean and grain prices firmed, traders said. Live cattle and feeder futures were able to continue Monday’s price bump. But the higher feed prices weighed on the beef market, as did questions over consumer and export demand, StoneX chief commodities economist […] Read more

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