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Beef cattle

CME August 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines) and August 2021 live cattle (dark red open/high/low/close). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit down for second consecutive day

CME August cattle end lower

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell by an exchange-imposed limit for a second consecutive session on Thursday as commodities declined broadly. Selling by index funds fueled losses in markets from hogs to cattle and corn, after the U.S. Federal Reserve signaled it might raise interest rates sooner than expected, […] Read more
(Photo courtesy Canada Beef Inc.)
Blog, Lees insight

Management can boost pasture production by 80 per cent

By
Any time you can increase pasture productivity and stocking rate by anywhere even close to 80 per cent, that has to be a management practice delivering value to livestock producers. But that’s the kind of benefit research shows can be achieved by doing a better job of controlling weeds and brush on pasture, according to […] Read more
(RecipeFranchising.com)
General

Second Cup owner to buy Milestones dining chain

Foodtastic plans to expand brand to Quebec

By ,
Future growth of the Milestones chain of grill-and-bar restaurants across Canada will take place under different ownership. Vaughan, Ont.-based Recipe Unlimited, owner of fast-casual and dining chains such as Swiss Chalet, The Keg, Harvey’s, St-Hubert and Montana’s, announced Monday it will sell the Milestones chain to Foodtastic, owner of the Second Cup and Nickels Deli […] Read more
CME August 2021 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and black lines) and August 2021 live cattle (dark red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit down on new China stats

Live cattle futures up with cash values

By ,
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell their daily three-U.S.-cent limit on Wednesday, pressured by falling U.S. wholesale prices for pork products and news of increasing hog numbers in China, traders said. China’s pig herd rose 23.5 per cent in May from a year earlier, state media said on Wednesday, […] Read more
As pastures dry out and forage quality drops, lick tubs are one way to provide cattle with protein and energy.
Cattleman’s Corner, Livestock

Lick tubs one way to supplement poorer pastures

It doesn't take much loss in body condition to affect conception rates

By
A good illustration for this column is a photo I recently took of a dried-out and brown cow pasture. And, if much of the southern Prairies doesn’t get rain soon, many good pastures will start to look like this, which may be detrimental to this year’s breeding season. To lessen its impact, producers should implement […] Read more
CME August 2021 live cattle with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle hit two-month high

CME lean hogs end mixed

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose more than two per cent on Tuesday, setting a two-month high as deferred prices for corn, the main feed grain for cattle, continued to fall, traders said. CME benchmark August live cattle futures settled up 2.625 cents at 123.9 cents/lb. after reaching 124.125 […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. ag secretary backs proposed meatpacking investigator

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Reuters — U.S. Agriculture Secretary Tom Vilsack on Tuesday threw his support behind a proposal to establish a special investigator to address concerns about anti-competitive practices in the meat and poultry industries. Republican U.S. Senators Mike Rounds of South Dakota and Charles Grassley of Iowa and Democratic Senator Jon Tester of Montana have proposed legislation […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market heating up

Volumes thin with auction barns in holiday mode

By ,
Compared to last week, western Canadian yearling steers traded $3-$4 higher while yearling heifers were steady to $2 higher. Mid-weight calves or young yearlings from 600 to 800 lbs. were $3-$5 higher on average. Calves under 600 lbs. were relatively unchanged. Favourable rains across the Prairies have enhanced crop prospects for barley and wheat. April […] Read more
CME August 2021 live cattle (candlesticks) with 20- and 100-day moving averages (brown and black lines) and CME August 2021 lean hogs (pink line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures climb as corn prices cool

Lean hogs end lower

By ,
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose on Monday, reaching a one-month top as falling prices for feed grains lifted feeder cattle futures, traders said. CME August live cattle futures settled up 1.25 cents at 121.275 cents/lb. after reaching 121.575 cents, the contract’s highest since May 13. August feeder cattle […] Read more
CME August 2021 live cattle (candlesticks) with 20- and 100-day moving averages (dark red and black lines) and CME July 2021 lean hogs (pink line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle gain on strong packer margins

Profit-taking sinks hogs

By
Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures firmed on Friday on strong beef plant margins and good demand from packers for fed cattle, traders said. Cash beef prices have flattened after a prolonged run higher, but packers continue to make a large profit on each animal slaughtered. “We’re probably seeing that our […] Read more

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