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Beef cattle

CME June 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle gain on grain market uncertainty

Lean hogs down with cash market

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Chicago | Reuters — U.S. live cattle futures gained on Thursday, as mixed grain trade offered some relief for feed costs, while strong beef demand continued to support prices, traders said. CME’s June live cattle futures added 0.6 cent to 116.05 cents/lb., while August feeder cattle futures gained 0.975 cents to close at 149.875 cents/lb. […] Read more
(IMNATURE/iStock/Getty Images)
General, Markets

Ontario’s RMP rolling out ‘later than usual’

Details pending, Agricorp says

By ,
Ontario farmers’ coverage under the provincial Risk Management Program (RMP) won’t be affected by ‘a bit later’ rollout this spring, the program’s handlers say. Agricorp, the province’s farm program delivery agency, reiterated in a statement Tuesday that the RMP “will be available in 2021 (and) program details will be shared with customers as soon as […] Read more
Protective equipment and good cleaning protocols go a long way in preventing the spread of disease.
Cattleman’s Corner, Livestock

Do animal diseases impact humans?

Animal Health with Roy Lewis: COVID-19 is an extreme example of disease transmission between animals and humans known as zoonosis

By
Not one animal-borne disease in recent memory has affected our lives more than COVID-19. There are lots of other diseases ranging from more minor ailments such as ringworm, to those that have major consequences such as toxoplasmosis or echinococcus (alveolar hydatid disease). Detailed descriptions can be found on line, but both can be very serious. […] Read more
CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures gain as supply outlook wanes

Live cattle ease on higher grain prices

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Chicago | Reuters — U.S. lean hog futures climbed on Wednesday, supported by tight supplies and low inventory of available young hogs for producers as summer demand ramps up, traders said. CME most-active June lean hogs added 2.45 cents, to 109.125 cents/lb., with all contract months but June notching life-of-contract highs (all figures US$). “Tighter […] Read more
While the U.S. beef cattle industry is still in retraction, the potential for increasing demand for beef is a sign for Canadian producers to keep producing.
Beef Cattle, Cattleman’s Corner, Markets

Should you expand the cow herd?

Market Update with Jerry Klassen: Canadian producers in a good position to sell more beef into a rising market

By
I’ve received many inquiries from cow-calf producers regarding the outlook for the cattle herd over the next couple of years. Those of you who have read my articles in the past know that I advise Canadian cow-calf producers to expand when the U.S. cattle herd is contracting, and vice versa. It was one year ago […] Read more
CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, dark red lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle ease on higher grain costs

Feeder cattle, lean hogs mixed

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Chicago | Reuters — U.S. live cattle futures eased on Tuesday, as higher input costs could lead to near-term selling of cattle as producers are resistant to paying higher feed costs, traders said. “You’ve got your cost of gains climbing and climbing,” said Scott Varilek, broker at Kooima Kooima Varilek Trading Inc. “Could be some […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle divorce from futures’ direction

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Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Higher-quality yearlings and calves were steady to $4 higher in Alberta and Saskatchewan; in Manitoba, yearlings traded $2-$4 lower while calves were $3-$5 higher. Domestic cattle markets appeared to divorce from feeder and live cattle futures. June live cattle futures finished the week […] Read more
CME August 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, dark red lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures climb on USDA report

Lean hog futures' gains continue

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Chicago | Reuters — U.S. live cattle futures gained on Monday, supported by Friday’s monthly Cattle on Feed report that showed smaller-than-expected placements, traders said. Chicago Mercantile Exchange June live cattle futures settled 0.55 cent higher at 116.275 cents/lb. while the August contract ended 1.1 cents higher at 117.95 cents (all figures US$). “It wasn’t […] Read more
(Kevin_LS/iStock/Getty Images)
General

Rural, remote crime targeted in Tory MP’s bill

Bill would consider crimes' settings during sentencing

By
An Alberta Conservative MP is trying to tackle rural crime by introducing a law that would punish more severely those accused of targeting remote, and vulnerable, people or property. Red Deer-Lacombe MP Blaine Calkins introduced his private member’s bill for first reading in the House of Commons on Tuesday. “Rural Canadians too often don’t feel […] Read more
(Thinkstock photo)
General, Machinery, Weather

Federal budget plays to mixed reviews from ag groups

Funding for green initiatives, carbon pricing rebate plan hailed

By
The Canadian Federation of Agriculture (CFA) says it is “pleased” the 2021 federal budget included some of the recommendations it had made. Finance Minister Chrystia Freeland’s first budget, released April 19, included significant spending to help producers transition to a greener economy and cited agriculture as a foundational pillar of Canada’s future. “CFA will be […] Read more

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