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Beef cattle

Forecast probability of temperature above, below and near normal (calibrated) for the period of March, April and May 2023. (Map by Environment and Climate Change Canada)
General, Weather

‘Normal’ spring ahead for most of the Prairies

Below-normal rains expected for southern Alberta, western Saskatchewan

By
MarketsFarm — Canada’s Prairies are looking at normal temperatures over the next month to three months, according to Environment and Climate Change Canada (ECCC). The federal department on Tuesday issued its temperature and precipitation probabilistic forecasts, which also called for normal precipitation for most of the region. “The forecast is really neutral for the Prairies, […] Read more
Expiration day for CME’s February 2023 live cattle contract, with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures strong

Lean hog futures close mixed

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended firm on Tuesday, with the front-month contract hitting its highest in more than eight years as tight supplies continued to underpin the market. Hog futures ended mixed. Expectations for strong cash prices for the next few months due to tight supplies supported cattle futures. […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Calves jump on corn outlook

Softer barley values underpin yearling market

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Compared to last week, western Canadian feeder cattle markets traded $5 to as much as $12 above week-ago levels. Alberta packers were buying fed cattle on a dressed basis in the range of $332-$335 delivered, up $5-$8 from last week. Stronger fed cattle prices and softer barley values underpinned the yearling market. Buyers were finicky […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures dip on profit-taking

Chicago lean hog futures also fall

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Monday, with a mild round of profit-taking pulling prices from eight-year highs. But concerns about tight supplies limited the selling. Hog futures also were weaker, pressured by a government report that showed robust stocks of pork. Thinly traded February live cattle futures dipped […] Read more
A composite satellite view of Hurricane Fiona nearing Nova Scotia at about 6 p.m. local time on Sept. 23, 2022. (U.S. National Hurricane Center image, NOAA.gov)
General, Machinery, Weather

Nova Scotia to bridge Fiona funding gap for farmers

Provincial program offering up to $400K per farm

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Nova Scotia farmers who didn’t qualify for federal disaster financial assistance (DFA) in the wake of Hurricane Fiona last September may be able to get in on a new provincial program instead. The province on Thursday announced $3 million for what it calls the Fiona Agriculture Response Gap Funding program, offering up to $400,000 for […] Read more
CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle consolidate after hitting new contract high

Chicago lean hogs end lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures consolidated on Friday after setting a string on contract highs recently, while lean hog futures eased. The cattle market looks ripe for a correction after futures rose this month on tightening U.S. supplies, brokers said. However, cattle inventories look even smaller than expected as ranchers […] Read more
Machine learning and artificial intelligence are expected to expand in the livestock-handling sector as labour shortages grow.
Beef Cattle, Cattleman’s Corner, Livestock

Processing cattle with artificial intelligence 

Machine learning is now part of high-tech livestock handling equipment

By
Many and perhaps most livestock operations still require physical labour and manual record-keeping for handling equipment and processing cattle. While head gates, squeeze chutes, gates, alleys and tubs have become more advanced in their operation, some human strength, exertion and neural competence are still required for their manipulation. But one company says that may change. […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle set high on Brazil halting beef exports to China

April hogs close lower, June up

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a contract high on Thursday amid hopes that Chinese importers will buy more U.S. beef after rival supplier Brazil suspended shipments to China, analysts said. Brazil said it would halt beef exports to China, the main destination for its overseas shipments, after confirming a […] Read more
CME April 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hog futures sag as pork prices retreat

February live cattle up, April down

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed lower on Wednesday, retreating from six-week highs set a day earlier as wholesale pork prices backed down after spiking higher early in the week. Live cattle futures closed mixed, underpinned by surging beef prices. At the CME, April hogs settled down 2.55 cents at […] Read more
A microscope-level view of damaged brain tissue from a cow infected with BSE. (USDA photo via U.S. Food and Drug Administration)
Livestock, Reuters

Brazil to halt beef exports to China after BSE case

Indications point to 'atypical' case

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Sao Paulo | Reuters — Brazil’s beef exports to China will be halted starting Thursday after a case of bovine spongiform encephalopathy (BSE) was confirmed in the northern state of Para, the country’s agriculture and livestock ministry said on Wednesday. The suspension is part of an animal health pact previously agreed between China and Brazil […] Read more

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