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Beef cattle

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

U.S. livestock: Live cattle futures end mixed

Feeder cattle rise as corn prices falter

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Chicago | Reuters — U.S. live cattle futures closed mixed on Wednesday, with the benchmark June contract easing in a light round of profit-taking while robust beef prices continued to underpin the market, traders said. Chicago Mercantile Exchange June live cattle futures settled down 0.025 cent at 118.6 cents/lb., retreating after a climb to 119.425 […] Read more
File photo of cattle grazing on Prince Edward Island. (ArodPEI/iStock/Getty Images)
Forages, Livestock, Pasture

Eastern drought zones set for livestock tax deferrals

Regions designated in P.E.I., N.S., N.B., Quebec

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In a decision that may have come late for some, New Brunswick, Prince Edward Island and parts of southeastern Quebec and northwestern Nova Scotia have been declared drought zones for eligible livestock producers’ 2020 tax purposes. The federal government on Monday released its list and map of prescribed drought regions where tax deferral on sales […] Read more
CME June 2021 live cattle (candlesticks) with 20- and 100-day moving averages (brown, black lines) and June 2021 lean hogs (pink line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle extend rally as beef prices climb

June hogs down third straight day

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday for a fifth straight session, led by high-flying wholesale beef prices, analysts said. Feeder cattle futures also advanced but gains were muted as corn futures rallied, signaling higher costs to bring cattle up to market-ready weight. CME June live cattle futures settled […] Read more
The recommendation is to figure out the objectives for your beef herd, and then select uniform breeding genetics, as best possible, to help you reach those goals.
Beef Cattle, Cattleman’s Corner, Livestock

Quality, uniformity needs to be planned when breeding cattle

A willy-nilly approach to breeding will produce willy-nilly results

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Strategies for breeding cattle must be reinforced by multiple targeted objectives that factor in operational goals, marketing possibilities, environmental demands and resource availability. For the cow-calf producer, the two basic objectives are quality and uniformity. One of the leading factors affecting calf uniformity is distribution throughout the breeding and calving seasons — a long breeding […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Stronger fed cattle prices underpin feeder complex

Limited feed and forage hinder further upside

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Alberta packers were buying fed cattle on a dressed basis in the range of $265-$270 delivered this past week, up $3-$5 from seven days earlier. Live prices were quoted at $159-$162 delivered using a 60 per cent grading. If the feedlot operator booked their feed grains earlier in winter, live prices are $2-$3 above breakeven […] Read more
Walmart Canada bills itself as the first retailer in the country with an on-pack certified-sustainable claim for a line of beef products. (CNW Group/Walmart Canada)
Beef Cattle, Livestock

Walmart locks in CRSB claim for in-store beef brand

Chain to be first retailer in Canada with certified-sustainable label on pack

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The Canadian arm of Walmart has locked in enough of a supply of certified-sustainable beef to label its entire Your Fresh Market burger patty line accordingly. The retail giant announced Monday it’s now sourcing beef from “certified sustainable” farms and ranches according to standards set by the Canadian Roundtable for Sustainable Beef (CRSB). The company […] Read more
CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle gain as demand remains strong

Lean hogs down for second session

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures gained on Monday as cattle processing picked up, led by strong beef prices, while feed cattle gained on tight supplies and a lower corn trade, analysts said. CME June live cattle futures added 2.2 cents to 118.225 cents/lb., while August feeder cattle futures finished 4.425 cents […] Read more
Drought stressed grain crops like this barley may not be worth combining, but they can be used as livestock feed. It is always important to have feed tested to determine its nutrient value.
Beef Cattle, Cattleman’s Corner, Livestock

Salvaged crops can fit into beef rations

Canola hay can make good feed, but a feed analysis is a must

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With what appears to be a dry spring shaping up, it never hurts for beef producers to be prepared in case forage production is in short supply any year. In drought years it’s often hard to locate an adequate forage supply for cattle. Sometimes producers use alternative feeds, which might include drought-stressed or salvaged crops. […] Read more
(Lovelyshot/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures up on beef prices, demand

June hogs down off recent rallies

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Friday on strong beef prices and demand for red meat that also catapulted margins for beef processors. Meat demand is high as federal stimulus checks have increased incomes and prompted consumers to spend more at supermarkets and restaurants, analysts said. COVID-19 vaccinations are also […] Read more

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