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Beef cattle

Feeder market strengthens toward third quarter
Cattleman’s Corner, Markets

Feeder market strengthens toward third quarter

Several factors indicate prices will be higher during fall and winter of 2022

By
Alberta packers were buying fed cattle on a dressed basis in the range of $284-$286 during the second week of May. This is up about $10 from a month earlier. Alberta and Saskatchewan were contending with a backlog of market-ready, fed cattle supplies during the first five months of 2022. However, this burdensome supply situation […] Read more
(Lightguard/iStock/Getty Images)
General, Weather

Saskatchewan shores up disaster program for bigger farms

Program extends PDAP aid to higher-revenue farm businesses

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Saskatchewan farmers whose operations took damage from storms in April, but whose gross revenues overtopped the maximum for disaster assistance, will now be able to get in on that program. The province on June 16 announced “supplemental relief” via the Provincial Disaster Assistance Program to help farmers who didn’t qualify under PDAP’s usual eligibility rules. […] Read more
CME July 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and brown lines) and CME cash lean hog index (purple line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures rise to two-month high

CME cattle futures mixed

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Chicago | Reuters — CME hog futures rose to their highest in two months on Tuesday as slowdowns on processing lines raised concerns about tightening supplies. Cattle futures were mixed, with feeder cattle contracts firming as falling corn prices improved prospects of cheaper feed and strong profit margins for packers. Live cattle contracts ended slightly […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Barley price forecasts enhance feeder cattle demand

Recent rains nearly guarantee at least average yields

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Compared to last week, western Canadian yearling prices were relatively unchanged. Heifer and steer calves were quoted steady to $3 lower on average but the market was harder to define due to limited numbers. Small packages of calves of various quality resulted in the wide-ranging price structure. Buying interest for grassers appears to have subsided. […] Read more
CME August 2022 live cattle (candlesticks) with 20-day moving average (pink line) and October 2022 live cattle (dark red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle up on rising cash prices

Lean hogs up in pre-long weekend trade

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed stronger on Friday on rising cash prices, while lean hog futures hit two-week highs, analysts said. Feeder cattle futures also ended firmer. The markets advanced as U.S. stocks bounced back from a sharp selloff in the prior session. Losses in equities and concerns about […] Read more
CME August 2022 live cattle (candlesticks) with 20-day moving average (pink line) and June 2022 live cattle (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle mixed on uncertain consumer demand

Export strength supports lean hogs

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Indianapolis | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Thursday, with nearby contracts firming, while the most-active cattle futures eased pressured by inflationary concerns, though markets remain underpinned by tight cattle supplies across much of the U.S. Plains, analysts said. “The weakness comes from the uncertainty of the economy – how […] Read more
About 30,000 visitors, including farmers from across Western Canada, parts of the United States and several other countries are expected for the relaunch of the live Canada’s Farm Show in Regina this June 21-23. There are about 100 acres of outdoor show space at the rebranded REAL District (exhibition grounds) along with about 1.5 million square feet of indoor show space. And don’t be in a hurry as you’ll need time to check out the products and services being presented by more than 500 exhibitors.
Features, Machinery

Canada’s Farm Show live for 2022

All of the popular features and much more will be welcoming visitors in June

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Thousands of farmers from across Western Canada and the United States and visitors from around the world are expected to head for Saskatchewan June 21-23, 2022, for the return of the live and in-person Canada’s Farm Show. Known as the Farm Progress Show held at the Regina exhibition grounds for more than 40 years, the […] Read more
CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle climb as cash markets surge

Firm cash prices also supportive in hogs

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures jumped two per cent on Wednesday, lifted by rising prices for market-ready cattle in the cash market, traders said. Cash cattle traded in Nebraska at around $145 per hundredweight, traders said, up $2-$4 from last week and significantly higher than nearby futures prices (all figures […] Read more
File photo of cattle in a Kansas feedlot. (BeyondImages/E+/Getty Images)
Beef Cattle, Livestock, Reuters, Weather

Heat, humidity kill at least 2,000 Kansas cattle, state says

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Chicago | Reuters — Extreme heat and humidity killed thousands of cattle in Kansas in recent days, the state said, and sizzling temperatures continue to threaten livestock. The deaths add pain to the U.S. cattle industry as producers have reduced herds due to drought and grappled with feed costs that climbed as Russia’s invasion of […] Read more
CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle bounce back on bargain buying

July hogs touch six-day high, end lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished higher on Tuesday in a rebound from recent losses, brokers said. However, concerns about the risk of beef demand falling due to U.S. inflation continued to hang over the market, analysts said. They warn rising prices may increasingly push consumers to eat cheaper food […] Read more

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