Beef cattle Archives - Page 119 of 629

Mammatus-type clouds over Winnipeg on the evening of July 2, 2023. (Dave Bedard photo)

Prairie Forecast Update: Low lingers in Manitoba

Issued July 2, covering July 3 to 5

By Daniel Bezte, GFM Network News July 3, 2023

The overall forecast remains on track across both Alberta and Saskatchewan, so only a small update is needed for Manitoba. Across Manitoba, the area of low pressure that has been tracking across the northern half of the Prairie provinces is now forecasted to take a little longer to exit this region. The two main impacts […] Read more

CME October 2023 live cattle with 20-day moving average and August 2023 live cattle (dark red line). (Barchart)

Livestock, Markets, Reuters

U.S. livestock: CME cattle up as corn prices slide

Chicago lean hog futures end mixed

By Julie Ingwersen, GFM Network News July 1, 2023

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a three-week high on Friday, lifted by a surge in feeder cattle futures as corn prices tumbled, traders said. Tightening U.S. cattle supplies and a resilient beef market lent support, along with a strong close for the month and quarter on Wall Street that […] Read more

General, Weather

Saskatchewan drainage work rebates expanded to farmers

Channel clearing, drain maintenance program shares eligible costs

By Dave Bedard, GFM Network News June 30, 2023

A program to help rural Saskatchewan municipalities and local authorities cover costs of channel clearing and maintaining drains for flood prevention will now expand to include individual landowners. The province’s Water Security Agency (WSA) said Friday its $1 million cost-share rebate program will expand its eligibility beyond RMs, conservation and development area (C+D) authorities and […] Read more

Tuberculosis bacteria under an electron microscope. (Janice Haney Carr photo courtesy Centers for Disease Control and Prevention (U.S.))

Beef Cattle, Livestock

Bovine TB turns up in Saskatchewan herd

Two cases found after U.S. test flags Canadian heifer

By Dave Bedard, GFM Network News June 30, 2023

A heifer whose tissues tested positive for bovine tuberculosis (TB) at slaughter in the U.S. has been traced back to a Saskatchewan cattle herd which has now turned up two more cases of the disease. The Canadian Food Inspection Agency, in a report dated Wednesday, said it was notified Feb. 23 by the U.S. Department […] Read more

CME August 2023 lean hogs with 100-day moving average and October 2023 lean hogs (brown line). (Barchart)

Livestock, Markets, Reuters

U.S. livestock: CME nearby hog futures up ahead of herd data

Cattle up on bullish fundamentals

By Julie Ingwersen, GFM Network News June 30, 2023

Chicago | Reuters — Chicago Mercantile Exchange nearby lean hog futures ended higher on Thursday, as wholesale pork prices rose, cash hog prices firmed and traders awaited quarterly hog data from the U.S. Department of Agriculture (USDA). Benchmark August hogs settled up 1.225 cents at 92.325 cents/lb. after reaching 93 cents, right at the contract’s […] Read more

General, Weather

Prairie Forecast: Alberta low to bring bit of a cooldown

Issued June 28, covering June 28 to July 5

By Daniel Bezte, GFM Network News June 29, 2023

After a fairly active weather pattern over the last few days, at least across the eastern half of the Prairies, it looks like most regions will see much quieter few days to start off this forecast period. Weak upper-level ridging combine with a broad but weak area of surface high pressure should bring typical summer […] Read more

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

Livestock, Markets, Reuters

U.S. livestock: Live cattle climb on firm cash markets

Chicago lean hogs end mixed

By Julie Ingwersen, GFM Network News June 29, 2023

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher for a second session on Wednesday, lifted by strength in the cash market tied to tightening U.S. cattle supplies, traders said, while tumbling corn prices lifted feeder cattle futures. CME August live cattle futures settled up 1.375 cents at 173.875 cents/lb. (all figures US$). […] Read more

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

Livestock, Markets, Reuters

U.S. livestock: Live cattle end higher, lean hogs mixed

Wholesale beef prices seen softening

By Julie Ingwersen, GFM Network News June 28, 2023

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday, rallying after a two-session slide as corn prices dropped and feeder cattle surged, but softening wholesale beef prices hung over the market, traders said. Benchmark CME August live cattle futures settled up 1.9 cents, at 172.5 cents/lb. (all figures US$). October futures […] Read more

Finishers, Livestock, Markets

Klassen: Fed market supports feeder complex

Strength in loonie tempers market upside

By Jerry Klassen, GFM Network News June 27, 2023

For the week ending Saturday, western Canadian yearlings over 800 lbs. were relatively unchanged. Feeder cattle in the range of 600-700 lbs. were up $4-$8/cwt. The market was hard to define for feeder cattle under 600 lbs. due to limited numbers. Prices for quality calves were unchanged from seven days earlier while straggler types were […] Read more

CME August 2023 live cattle with 20- and 100-day moving averages and October 2023 live cattle (black line). (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Live cattle weak on large May placements

Slowing beef demand also a factor

By GFM Network News June 27, 2023

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended flat to lower on Monday on larger-than-expected feedlot placements in May and expectations for slower demand for beef for outdoor grilling following the U.S. Independence Day holiday. Sharply higher feed corn prices early in Monday’s trading session weighed on the live and feeder cattle […] Read more

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

GFM Network News

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

Beef cattle

Prairie Forecast Update: Low lingers in Manitoba

U.S. livestock: CME cattle up as corn prices slide

Saskatchewan drainage work rebates expanded to farmers

Bovine TB turns up in Saskatchewan herd

U.S. livestock: CME nearby hog futures up ahead of herd data

Prairie Forecast: Alberta low to bring bit of a cooldown

U.S. livestock: Live cattle climb on firm cash markets

U.S. livestock: Live cattle end higher, lean hogs mixed

Klassen: Fed market supports feeder complex

U.S. livestock: Live cattle weak on large May placements

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