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Beef cattle

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

U.S. livestock: CME cattle up on higher cash price expectations

June lean hogs hit new lows

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Wednesday on expectations for higher U.S. cash prices this week, as lean hog futures set contract lows, analysts said. Cash cattle were bid at about $168/cwt in the southern Plains, roughly $1 higher than the bulk of trading last week, said Dennis Smith, […] Read more
CME June 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle slide on profit-taking

April lean hogs set contract low

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Chicago | Reuters — Profit-taking pushed down Chicago Mercantile Exchange cattle futures on Tuesday, while front-month lean hog futures tumbled to another contract low. Losses on Wall Street helped set a negative tone for the markets, as live cattle futures pulled back from contract highs reached on Monday, traders said. “Cattle-wise, we got a bit […] Read more
Darlene Compton, shown here on provincial budget day in 2020, became Prince Edward Island’s first female ag minister in 2022. (PrinceEdwardIsland.ca)
General

P.E.I. ag minister, ag critics re-elected

Tories return with majority; Liberals regain official opposition

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Prince Edward Island’s incumbent agriculture minister and opposition agriculture critics prevailed in Monday night’s provincial election, in which incumbent premier Dennis King’s Tories were returned with a majority. Darlene Compton, King’s agriculture minister since last summer and his incumbent deputy premier, won re-election Monday for the Progressive Conservatives in her district of Belfast-Murray River. Compton, […] Read more
Close-up of a McDonald’s double Quarter Pounder with bacon. (Corporate.mcdonalds.com)
Livestock, Markets, Reuters

McDonald’s reported laying off hundreds of corporate employees

Layoffs don't include restaurant-level workers

By
New York | Reuters — The number of corporate employees McDonald’s Corp. plans to lay off this week will tally in the “hundreds,” a source familiar with the burger chain’s thinking said on Monday, as the company moves forward with a previously announced restructuring. The fast-food company is closing its offices “out of respect,” and […] Read more
There are many things to consider when selecting replacement heifers and that may include looking at health records to see if they had any BRD events in their past.
Cattleman’s Corner, Cow-Calf, Livestock

Bovine respiratory disease events may have a long-lasting effect

Early cases of bacterial infection could affect performance of replacement heifers

By
For most cow-calf producers, the routine of selecting replacement heifers from their own calves or purchased animals involves a visual assessment of conformation, structural soundness, anticipated frame size, colour, weight, age and disposition. Occasionally, it may also include a lineage check. These are all important considerations but are there reasons to also look at lingering […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Alberta fed cattle lead feeder market higher

Traders expecting more barley acres this year

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Compared to last week, western Canadian yearling markets traded $3-$5 higher while calf prices advanced $1-$3 on average. Alberta packers were buying fed cattle on a dressed basis of $360/cwt last week, up $3-$10 from a week earlier. Using a 60 per cent grading, live prices would be equivalent to $216. Feeding margins have improved […] Read more
CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle down off highs on profit-taking

Hogs continue mixed on U.S. farrowing intentions

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Monday as profit-taking dragged prices down after the market set new contract highs, traders said. CME June live cattle ended down 0.9 cent at 161.225 cents/lb., after reaching a high of 162.525 cents/lb. (all figures US$). That exceeded Friday’s high of 162.175 cents/lb. […] Read more
Cows on a Grunthal, Man. dairy farm. (Manitoba Co-operator photo by Geralyn Wichers)
Dairy Cattle, Livestock

Continuous tie-stall housing to be phased out in new dairy code of practice

Producer, animal welfare groups praise new code; some drawbacks were noted

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New guidelines for dairy cattle care will improve animal welfare while also potentially increasing farm productivity, Dairy Farmers of Canada says. “I think that we’ve come to a very solid revised code,” David Wiens, DFC’s vice-president, said in an interview. The National Farm Animal Care Council (NFACC) on Thursday released its revised Code of Practice […] Read more
CME July 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs up in deferred months

USDA report fuels supply uncertainty; cattle up on cash strength

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose in deferred contracts on Friday on U.S. producers’ plans for fewer sows to farrow, analysts said. Producers intend to have 2.93 million sows farrow, or give birth, from March to May, down one per cent from actual farrowings a year earlier, the U.S. Department […] Read more
(ALLEKO/iStock/Getty Images)
Livestock, Markets

Beef sector rips ‘unjust’ result as talks wrap on U.K. entry to CPTPP

Dairy sector calls for 'vigilant' enforcement on British imports

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Negotiations have concluded for the United Kingdom to join Canada and its 10 partner nations in the Trans-Pacific Partnership (CPTPP) trade pact, with Canada’s beef cattle sector already calling the results “fundamentally unjust.” Federal Trade Minster Mary Ng on Thursday announced the conclusion of negotiations, making the U.K. the first accession applicant to reach that […] Read more

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