Chicago | Reuters — Live cattle futures slipped at the Chicago Mercantile Exchange (CME) on Wednesday as the market came under pressure from steep losses in equities and a lack of supportive news, brokers said. December live cattle settled 1.475 cents lower at 151.575 cents/lb. (all figures US$). February live cattle dropped 0.625 cent to […] Read more
Tag Archives Cattle — page 54
U.S. livestock: CME live cattle settle lower as Wall Street slides
Feeder cattle, lean hogs also weaker
Traceability, efficiencies and advanced animal welfare top tech development
Integration into existing systems and long-term viability affect adoption
The third annual World Dairy Expo Tech Spotlight showcased tools to improve on-farm efficiencies, traceability and monitoring. “We know the pivotal role (tech) has played to get us where we are today and there’s no denying it’s going to play an impactful role and part in where we go in profitability, animal health and sustainability,” […] Read more
U.S. livestock: CME lean hogs end lower, consolidate after rally
December live cattle futures flat
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures pulled back on Tuesday as the market consolidated after climbing nearly five per cent during the previous session, brokers said. CME December hogs closed 1.475 cents, or 1.7 per cent, lower at 85.575 cents/lb. (all figures US$). Wholesale pork prices were also lower. The U.S. […] Read more
U.S. livestock: CME lean hogs rally on bargain buying
Chicago live cattle firm
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped nearly five per cent on Monday on bargain buying after the benchmark December contract on Friday dipped to its lowest in nearly three weeks, traders said. CME December hogs settled up 4.075 cents at 87.05 cents/lb., surging in early moves after the contract was […] Read more
Feed weekly outlook: Tight logistics underpinning Prairie feed market
MarketsFarm – Canada’s barley crop may have improved considerably in 2022 compared to 2021’s drought-stricken crop, but the logistics of getting that grain to Alberta’s feedlot alley are keeping prices well supported. Canada grew 9.4 million tonnes of barley during the 2022 growing season, which was up by 35 per cent from the previous year. […] Read more
Klassen: Feeder cattle market experiences weather volatility
Compared to last week, Western Canadian yearling prices traded $3 to $4 on either side of side of unchanged while calves traded $5 lower to as much as $6 higher. The calf market tends to experience a seasonal bounce every November. In certain cases, buyers appeared to step forward more aggressively last week in anticipation […] Read more
Test plot measures effects of grazing in crop rotation
Groot family’s Wholesome Pastures is part of Living Labs study
Staff at the Ontario Soil and Crop Improvement Association (OSCIA) have good-naturedly described the research plot on Mike Groot’s Crediton-area farm as “crazy strips.” Groot is hoping the soil quality data it gathers will eventually show that including pasture in a cash crop rotation isn’t crazy at all. He has an ally in Christine O’Reilly, […] Read more
Ontarians bring diverse backgrounds to cattle mentorship program
Next generation of leaders are not only primary producers
Three Ontario women have been named finalists in the Canadian Cattle Young Leaders (CYL) Mentorship Program, a national initiative of the Canadian Cattle Association. Madison Lewis of Meaford, Danika Mayer of Alexandria, and Holly McGill of Listowel were selected as three of 16 finalists from a pool of 22 semi-finalists who competed in judged roundtable […] Read more
Klassen: Alberta feedlot backlog limits demand for feeder cattle
Compared to last week, Western Canadian yearling prices traded steady to $2 lower on average while calf markets were down $3 to $5. Feedlots in Alberta and Saskatchewan are backed up with significant numbers of market ready fed cattle which has set a negative tone for replacement cattle. Carcass weights are nearing historical highs. Barley […] Read more
U.S. livestock: Cattle, hog futures rise on robust beef, pork demand
Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures rose on Friday, with strong consumer demand for pork and beef pushing prices higher, traders said. Live cattle received a boost from concerns about tight supplies. “The big thing on the cattle is that the beef market seasonally found some really good strength,” said […] Read more
Cyber-Savvy Farmer
