Jim Whitley is employing his automotive auditing systems skills to drive his cow-calf operation goals. “Being farmers, it’s always about costs, and we’re always driven by cost,” said the fourth-generation farmer and former Honda employee. “So, I always tried to save money, even if a deadline got missed.” Why it matters: A recent BFO cow-calf […] Read more
Tag Archives Cattle — page 57
New strategies drive improvements for cow-calf operators
Ontario farmers describe how they achieved better herd health and a healthier farm business
U.S. livestock: CME hogs tumble to nine-month low on recession fears
Chicago live cattle end mixed
Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange fell for a fifth consecutive session on Tuesday, touching a nine-month low as fears of a recession hurting consumer demand for meat triggered another round of long liquidation, traders said. Sliding prices for cash hogs and wholesale pork added to bearish […] Read more
Funding, quality industry programs play a big part in on-farm beef sector investments
Cow-calf producers say programs offer benefits, and encourage others to take part
Doug Shelswell loves a good farm program. Whether it improves his bottom line, increases consumer confidence or supports farm growth, he’s on it. “Programs? We’re basically on them all; RMP for grains and livestock, we’re in AgriInvest, but we’re not in AgriStability because we have enough things on the go with our losses spread out […] Read more
Klassen: Steady demand underpins feeder cattle complex
Compared to last week, Alberta yearling markets traded $2-$4 on either side of unchanged; however, 800-pound-plus cattle in Manitoba and Saskatchewan appeared to trade $4-$6 higher. Yearling prices across the Prairies are now relatively even with no freight discounts from major southern Alberta markets. Calf markets are becoming more defined with larger volumes on offer. […] Read more
U.S. livestock: CME cattle, hog futures fall to multi-month lows
Recession fears eat at demand expectations
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit a two-month low on Monday and the benchmark December lean hogs contract hit an eight-month low as worries about the U.S. and world economy triggered a round of long liquidation, analysts said. “This market is looking for positive news, and not finding a lot. […] Read more
U.S. livestock: CME live cattle, lean hogs slide on recession worries
Feeder cattle up on lower corn prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell to their lowest level since early August on Friday on fears of a global recession that could curb demand for commodities including beef, traders said. CME October live cattle settled down 0.6 cent at 144.25 cents/lb. and the most-active December contract fell 0.8 cent […] Read more
Ambitious plan aims to add 300 biodigesters
DFO vice-chair hopes to see Danish model for renewable natural gas adopted across Canada on dairy farms
A co-operative-style company founded by Dairy Farmers of Ontario (DFO) vice-chair Nick Thurler has taken its first step toward a goal of gaining access to 80 per cent of the country’s dairy manure for conversion into renewable natural gas (RNG). Thurler officially launched GET Corp,– and the sustainable agriculture program that forms its centrepiece, through […] Read more
U.S. livestock: CME cattle, hogs sag on macroeconomic concerns
Economy raises concern for beef demand
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, extending a pull-back from four-month highs set this week as traders worried about the health of the world economy and softening demand for beef, traders said. CME October live cattle ended down 1.025 cents at 144.85 cents/lb. and the most-active December […] Read more
U.S. livestock: CME hogs down on weak pork prices, macroeconomic fears
Chicago cattle also end lower ahead of report
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell nearly two per cent on Wednesday as falling wholesale pork prices and worries about the health of the global economy triggered a round of long liquidation, traders said. CME October lean hogs settled down 1.55 cents at 94.425 cents/lb. and most-active December hogs fell […] Read more
U.S. livestock: CME live cattle firm on strong cash trade
Nearby hogs lower despite cash strength
Chicago | Reuters — Chicago Mercantile Exchange live cattle strengthened on Tuesday, underpinned by strong cash markets and tight supplies of market-ready cattle, though recession fears limit gains, traders said. “We saw some pretty strong cash trade in the western corn belt yesterday,” said Alan Brugler, president of Brugler Marketing. “Our long-term bias is higher, […] Read more
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