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Beef cattle

CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures climb

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Chicago Mercantile Exchange (CME) cattle and hog futures came out of their U.S. Presidents Day break trading higher, with front-month live cattle posting eight-year highs. CME February 2023 live cattle touched 164.975 cents/lb. in Tuesday’s trade before closing at 164.75 cents, up 1.175 cents from Friday’s close and the highest close for the front-month contract […] Read more
While retaining or buying heifers are the two most common replacement strategies, they are far from the only options.
Cattleman’s Corner, Cow-Calf, Livestock

More than one way to get replacement cows

The general rule of an annual 10 per cent turnover in the cow herd may be an underestimate

By
I had the privilege of presenting a replacement female course in the Maritimes this fall (after three years or so of COVID, and airport-related delays). It provided a good opportunity to take some time to think through replacement strategies and the actual issues surrounding replacements. Most of us underestimate the replacement rate of our cow […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market stabilizes after recent climb

Calf prices in Manitoba show premium over Alberta

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Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged. Replacements weighing 650-800 lbs. appeared to traded steady to $4 higher while calves under 650 lbs. were steady to $4 lower. The cost per pound gain is reaching unprecedented levels and fleshier cattle were discounted quite severely in some cases. […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle post near-eight-year highs

Firming cash prices support February, April live cattle; hogs lower

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Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange set life-of-contract highs on Friday and the front contract hit its highest since 2015 as shrinking cattle supplies lifted cash prices, traders said. Market-ready cattle traded in southern Plains cash markets at $160-$162 per hundredweight (cwt), traders said, steady to $2 higher […] Read more
CME April 2023 lean hogs with 20- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs, most live cattle lower

Feeder cattle futures also down

By ,
Chicago lean hog and cattle futures closed mainly lower Thursday with the exception of front-month February live cattle, which remained on its record-setting upward slope. CME February live cattle finished up 0.225 cent at 162.775 cents/lb., extending the nearly-eight-year high on a continuous chart of the front contract (all figures US$). Most actively-traded April live […] Read more
CME February 2023 live cattle with 20-day moving average and April (dark red line) and June (black line) 2023 live cattle. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME spot live cattle futures near eight-year top

Deferred-month cattle, lean hogs lower

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Chicago | Reuters — Front-month live cattle futures on the Chicago Mercantile Exchange reached a near eight-year high on Wednesday, supported by tightening U.S. cattle supplies and rising wholesale beef prices, while the most actively traded contracts drifted lower as market players awaited more direction from cash cattle markets. CME’s spot February live cattle futures […] Read more
CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle ease on profit-taking

February cattle lower after nearing eight-year top; hogs follow cash prices higher

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Chicago | Reuters — U.S. live cattle futures closed lower on Tuesday on profit-taking after rising to the highest levels in nearly eight years, with worries about the health of the U.S. economy adding to bearish sentiment, analysts said. Benchmark April live cattle futures on the Chicago Mercantile Exchange settled down 0.425 cent at 164.675 […] Read more
There is nothing wrong with letting a sleeping calf lie but pay attention in case the calf might be suffering from some ailment and is not just resting. A little extra attention in calving season helps to spot health problems while they still can be corrected.
Cattleman’s Corner, Cow-Calf, Livestock

Miscellaneous health problems in calves

Animal Health: A little extra time spent checking newborn calves might help reduce losses

By
It has always been my premise that spending a bit more time on specific cases during the calving season may reap benefits for those calves with ailments. I know one must spend their time wisely at calving season, but even just keeping a cow-calf pair in isolation a bit longer may be all that is […] Read more
CME May 2023 feeder cattle (candlesticks) with 20-day moving average and CME March 2023 feeder cattle (brown O/H/L/C). (Barchart)
Finishers, Livestock, Markets

Klassen: Canadian feeder market rationing demand

Demand from Ontario remains aggressive

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Compared to last week, western Canadian yearling prices were up $4-$6 while calf markets traded $6 to as much as $10 above week-ago levels. May feeder cattle futures are trading at a $8 premium to the nearby March contract. The carrying charge in the futures market has encouraged buyers to step forward sooner rather than […] Read more
CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle near eight-year highs

Cash cattle markets firm up

By ,
Chicago | Reuters — U.S. live cattle futures climbed to contract and multi-year highs on Monday on optimism about firming cash cattle prices and tightening U.S. cattle supplies. Most-active April live cattle futures on the Chicago Mercantile Exchange settled up 1.15 cents at 165.1 cents/lb. after recording a contract high at 165.25 cents. Front-month February […] Read more

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