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Beef cattle

CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures drift lower as corn prices soar

Wholesale beef prices show signs of stabilizing

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Chicago | Reuters — U.S. cattle futures closed modestly lower on Tuesday, pressured by a surge in Chicago Board of Trade (CBOT) corn futures that is likely to squeeze profit margins for livestock producers, traders said. “The rise in feed costs changes the dynamics in the industry. It cuts into profits — or in the […] Read more
CME August 2020 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs end firm on light recovery bounce

Ramped-up slaughter pace keeps lid on rallies

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Chicago | Reuters — U.S. live cattle futures closed modestly higher on Monday, shaking off early declines and firming on technical buying ahead the end of the month and quarter, after a three-session slide last week, traders said. A firmer close in Wall Street equity markets lent support as optimism about the U.S. economy could […] Read more
File photo of sheep grazing near a marijuana crop in Afghanistan’s Balkh province, north of Kabul, on Sept. 24, 2007. (Photo: Reuters/Ahmad Masood)
Livestock, Reuters

Blast kills at least 23 at Afghanistan livestock market

Area shelled in clashes between government forces, Taliban

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Kabul | Reuters — At least 23 civilians were killed in Afghanistan’s southern Helmand province and dozens were wounded when rockets hit a cattle market on Monday, Afghan government and Taliban officials said. The warring sides blamed each other for the attack on the open-air weekly cattle market in Sangin district, where hundreds of villagers […] Read more
CME August 2020 lean hogs with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs tumble on bigger-than-expected supply, economic concerns

Rising COVID-19 counts raise fears for beef demand

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Chicago | Reuters — U.S. lean hog futures plunged by as much as the daily trading limit on Friday and ended sharply lower after the U.S. Department of Agriculture (USDA) estimated supplies above already-high trade expectations. Economic concerns amid rising novel coronavirus infections added pressure to hogs and also dragged down cattle futures, which finished […] Read more
U.S. livestock: Hogs mostly higher ahead of USDA inventory data
Livestock, Markets, Reuters

U.S. livestock: Hogs mostly higher ahead of USDA inventory data

CME feeder cattle firm up on lower corn prices

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Chicago | Reuters — U.S. lean hog futures were mostly higher on Thursday, lifted by firmer cash hog markets and position squaring ahead of a quarterly hog inventory report that was released after the close. Futures have been sliding for most of the past two months as hog supplies swelled due to numerous packing plant […] Read more
Even though pastures often start out in good condition, creep feed can have a fit as grass quality begins to decline later in the season.
Cattleman’s Corner, Livestock

Five benefits of creep feeding calves

Always an ROI, some years better than others

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Over the years, I have discovered that there are three types of beef producers who are creep feeding spring calves. 1. Those who don’t creep feed. 2. Those who sometimes creep feed if it makes economic sense, and 3. Producers who routinely creap feed as a matter of course. Although, I have heard almost-convincing arguments […] Read more
Layne Chantler of Alliston, Ont. brought this show heifer to the Royal Agricultural Winter Fair in 2019. (Farmtario photo by Jennifer Glenney)
Livestock

Royal Agricultural Winter Fair cancelled for 2020

Near-century-old annual ag showcase put off to 2021

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Two years shy of its 100th anniversary, Toronto’s Royal Agricultural Winter Fair has been called off for 2020. Organizers said Wednesday the event, which was scheduled for Nov. 6-15 at Toronto’s Exhibition Place, has been cancelled “due to our ongoing concern regarding the COVID-19 pandemic.” First held in 1922, spearheaded by Ontario cattle producer W.A. […] Read more
(Zevei-Wenhui/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. senators question packers over exports to China during pandemic

USDA shows record pork exports to China in April, raising questions about rising U.S. meat prices

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Chicago | Reuters — Two prominent U.S. Senate Democrats are pressing America’s top meatpackers to disclose by month’s end how much pork, beef and chicken they shipped to China during the coronavirus outbreak while warning of possible meat shortages at home. The request from Senators Elizabeth Warren and Cory Booker increases scrutiny of companies such […] Read more

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