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Beef cattle

CME February 2023 live cattle (candlesticks) with 20-day moving average (pink line) and CME December 2022 live cattle (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle end mostly lower

December, February hog futures up

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures closed mostly lower on Monday on technical selling and worries about consumer demand for high-priced cuts of beef, traders said. Most-active CME February live cattle futures settled down 0.7 cent at 152.55 cents/lb. (all figures US$). Deferred contracts also ended lower, but the spot […] Read more
Gurpreet Lidder, along with family members, operates an 80-acre fruit farm near the B.C. Southern Interior community of Keremeos, producing a wide range of fruit through farm gate sales as well as to wholesale markets.
Features, Profiles

Another excellent crop of young farmer nominees

Horticulture, beef and dairy production, along with conventional and organic crops — a year of diversity

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A panel of judges will be faced with a difficult challenge in Saskatoon later this month as they look to select two national winners from a field of seven diverse, well-managed farming operations from across Canada. From tree fruit production to grass-fed beef, mixed farming to organic crop production, and dairy farming to potato production, […] Read more
CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME futures fall on grain rally

Beef cutout price drops

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Chicago | Reuters — Chicago Mercantile Exchange (CME) livestock futures slid on Friday as grain futures rallied, underpinned by strong commodities and equities markets, brokers said. The downward trend started when live cattle markets took a hit earlier in the day, when the feeder cattle traders began selling off their positions as corn futures firmed […] Read more
U.S. special presidential envoy for climate John Kerry and Agriculture Sectretary Tom Vilsack applaud U.S. President Joe Biden’s speech at the COP27 climate summit at Sharm el-Sheikh, Egypt on Nov. 11, 2022. (Photo: Reuters/Kevin Lamarque)
General, Reuters, Weather

Farm climate innovation commitments at COP27 double to US$8 billion

Agriculture could outpace other industries to net zero: Vilsack

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Sharm el-Sheikh, Egypt | Reuters — An initiative led by the United States and the United Arab Emirates to help agriculture adapt to climate change and reduce emissions through innovation has doubled investment commitments to US$8 billion and extended its reach, it said on Friday. The Agriculture Innovation Mission for Climate (AIM for Climate) was […] Read more
Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)
Beef Cattle, Livestock, Markets, Reuters

Meatpacker JBS’s plunging profit beats forecasts

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Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest meat producer, on Thursday said quarterly profit plunged 47.1 per cent, but results still beat analysts’ estimates as higher revenues helped offset shrinking margins in its U.S. beef division. The company posted a third-quarter net profit of 4.01 billion reais (C$1.001 billion), while analysts […] Read more
CME December 2022 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle firm as grain markets pressured

Hogs under seasonal price pressure

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Chicago | Reuters — Live cattle futures firmed at the Chicago Mercantile Exchange (CME) on Thursday, as grain markets came under pressure from investor profit-taking even as the U.S. dollar tumbled on news U.S consumer prices rose less than expected in October, brokers said. December live cattle settled 1.5 cents higher at 153.075 cents/lb. February […] Read more
Kristian Sorensen, who farms in Western Denmark produces about 4,000 calves for veal calves each year that are marketed to local Danish Crown abattoir in Holsted.
Cattleman’s Corner, Dairy Cattle, Livestock

Beef/dairy crosses fit Danish veal program

Calves are raised under high animal welfare standards

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More dairy farmers are starting to use sexed beef semen to crossbreed with their herds to produce a calf with added value. And that’s exactly the animal Danish beef farmer Kristian Sorensen wants to purchase for his Tranbjerg Ostergaard farm located near the town of Arre in Jutland, western Denmark. Each year Kristian produces around […] Read more
CME February 2023 live cattle (candlesticks) with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle settle lower as Wall Street slides

Feeder cattle, lean hogs also weaker

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Chicago | Reuters — Live cattle futures slipped at the Chicago Mercantile Exchange (CME) on Wednesday as the market came under pressure from steep losses in equities and a lack of supportive news, brokers said. December live cattle settled 1.475 cents lower at 151.575 cents/lb. (all figures US$). February live cattle dropped 0.625 cent to […] Read more
CME December 2022 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs end lower, consolidate after rally

December live cattle futures flat

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures pulled back on Tuesday as the market consolidated after climbing nearly five per cent during the previous session, brokers said. CME December hogs closed 1.475 cents, or 1.7 per cent, lower at 85.575 cents/lb. (all figures US$). Wholesale pork prices were also lower. The U.S. […] Read more
(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Tighter supplies underpin western Canadian feeder market

Weather conditions may sway buying interest

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Compared to last week, western Canadian yearling prices were unchanged to $4 higher. Heavier calves notched a week-over-week gain of $2-$4. Mid-weight and lighter calves traded steady to $5 lower in Alberta but $4-$5 on either side of unchanged in Saskatchewan and Manitoba. Yearling numbers were limited and buyers paid up for quality packages while […] Read more

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