Daily Network News

More News →

Beef cattle

CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs climb, demand uncertainty remains

Chicago cattle futures lower

By ,
Chicago | Reuters — CME lean hog futures firmed for a second session on Thursday, supported by bargain buying, though demand concerns capped gains, analysts said. “We’ve got conflicting fundamentals. Seasonally, hog supplies should continue to tighten into mid-summer. But right now there’s a lot of demand worry,” said Doug Houghton, technical analyst at Brock […] 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 ease

Cash prices maintain against lower futures

By ,
Chicago | Reuters — CME Group live cattle futures eased on Wednesday, pressured as processors pull market-ready cattle forward heading into the late spring, analysts said. June live cattle futures are discounted versus the cash market, creating an incentive to sell before cash falls. “We’re going to start narrowing up cash and the June board,” […] Read more
CME July 2022 lean hogs (candlesticks) with 20-, 50-, 100- and 200-day moving averages (pink, brown, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs drop to January lows

Lower grain values continue to lift cattle

By ,
Chicago | Reuters — CME lean hog futures on Tuesday dropped to their lowest prices since January on technical selling and concerns about risks to demand for U.S. meat, brokers said. U.S. pork exports to China have tumbled this year as Chinese producers rebuild their herds after outbreaks of the pig disease African swine fever. […] Read more
While lush, green pastures might only be wishful thinking some years, it is important for producers to actually write out a drought management plan. It may not be followed exactly, but it helps to bring into focus some of the issues a producer may have to deal with during a dry year.
Beef Cattle, Cattleman’s Corner, Livestock

Make a drought plan in writing

Putting it on paper helps clarify the options and takes some of the emotion out of tough decisions

By
I firmly believe in having a written drought plan. Droughts are nearly always extremely dynamic and can change rapidly, so while the plan will not be followed exactly, it does provide a focus to ensure accountable and proactive management. It also helps us focus on the things we can control rather than the things we […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feedlot demand up prior to seasonal rally

Market for calves 'boiling hot' in Manitoba

By ,
For the week ending April 30, western Canadian feeder cattle prices were quite variable. Yearlings traded $8 lower as much as $5 higher. Severe discounts were noted on fleshier cattle; some auction barns reported the bulk of cattle over 800 pounds were medium to heavier flesh. Deferred live cattle futures were under pressure but the […] Read more
CME August 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Feeder cattle futures firm on weaker corn

China's COVID lockdowns pressure CME hogs

By ,
Chicago | Reuters — CME live and feeder cattle futures firmed on Monday, supported by lower corn futures, an input cost to feeder cattle, analysts said. “The big driver there was just lower corn,” said Josh Steinhilber, broker at Cattlehedgers.com. “We got spillover into the live cattle.” CME August feeder cattle added 5.8 cents, to […] Read more
Spring runoff on April 27, 2022 at the Pembina Escarpment near Miami, Man., about 40 km northwest of Winkler. (Manitoba Co-operator/Allan Dawson video screengrab)
General, Weather

Flood warnings raised in Manitoba, southeastern Saskatchewan

Flows could reach 2009 levels in Manitoba

By
MarketsFarm — Spring flooding in Manitoba’s Red River Valley could approach levels last seen in 2009, the highest water level since 1997’s “Flood of the Century,” according to the latest update from the provincial Hydrologic Forecast Centre. The centre is monitoring a precipitation system forecast for the April 29-May 1 weekend that is expected to […] Read more
CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2) and 100-day moving average (brown line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs fall to lowest since early February

CME cattle also weak

By ,
Chicago | Reuters — CME hog futures dropped to their lowest in nearly three months on Friday, pressured by concerns about consumer demand as summer grilling season nears, traders said. Cattle futures also fell. Some end-of-month fund liquidation likely added to the weakness in livestock contracts, traders said. “There is not a whole lot of […] Read more
What to make of the Cattle on Feed report
Beef Cattle, Cattleman’s Corner, Markets

What to make of the Cattle on Feed report

Market Update with Jerry Klassen: An Economics 101 look at what the numbers are really telling us

By
The most recent USDA Cattle on Feed report released in January showed the total number at the beginning of the year at 12.037 million head, up one per cent from Jan. 1, 2021. Initial media and analytical reports were calling the report bearish. This is the second-highest Jan. 1 inventory since the series began in […] Read more
(Photo courtesy Canada Beef Inc.)
General, Markets, Weather

AgriStability enrolment deadline extended for 2022

Two-month extension in place for fourth year in a row

By ,
The deadline for Canadian farmers to enroll in AgriStability has been extended for two months — making 2022 the fourth year in a row with a enrolment deadline bump for the farm income stabilization program. The enrolment deadline without penalty for the 2022 program year was previously scheduled for this Saturday, April 30, but is […] Read more

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for April 10, 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →