Chicago Mercantile Exchange cattle futures firmed slightly on Thursday as stocks hit record highs on Wall Street for a second day, providing borrowed strength to the livestock markets, analysts said.
Beef cattle
U.S. livestock: Cattle edge higher as Wall Street extends gains
Saskatchewan gets new ag minister in cabinet overhaul
Moe shrinks and completely shuffles post-election cabinet
A rancher from the southeastern corner of Saskatchewan is the province’s new minister of agriculture, as part of a complete cabinet shuffle following last month’s election. Premier Scott Moe on Thursday named Daryl Harrison, MLA for the riding of Cannington since 2020, as minister of agriculture, replacing David Marit. The shuffle cuts Moe’s cabinet to […] Read more
Argentine beef exports hit highest level in more than five decades
Argentina's beef exports during the first nine months of this year rose to their highest level in 57 years, as shipments of one of the South American country's best-known food staples grew among buyers in the United States and neighboring Chile.
U.S. livestock: Lean hogs hit one-week low, pork belly values fall
Chicago Mercantile Exchange lean hog futures fell to their lowest level in more than a week on Tuesday as profit-taking extended the market's setback from contract highs last week, analysts said.
Pencil out the investment in a background feeding program
Better Bunks and Pastures: Knowing the numbers can help dictate whether calves should be sold or retained
As most of the leaves have fallen, many spring calves are being weaned. It’s also the time when many people determine whether their weaned calves are immediately sold or held back for further feeding. Record-high prices, especially on the weaned calf side of the market, should have everyone penciling out the feasibility of continued backgrounding […] Read more
West coast ports shutdown enters second day
The British Columbia ports labour dispute continued on Tuesday, impacting exports at Canada's biggest port in Vancouver with no sign of negotiating progress.
Klassen: Feeder market holds at higher levels
For the week ending November 2, Western Canadian yearling and calf markets were relatively unchanged from seven days earlier. Strong demand continues to support the feeder complex at historical high prices.
U.S. livestock: Hog futures retreat from contract highs last week
Chicago Mercantile Exchange lean hog futures ended lower on profit taking and technical selling on Monday, brokers said.
U.S. livestock: Hog futures hit contract highs as strong demand fuels rally
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures set new contract highs on Friday as strong domestic and export demand, particularly for U.S. pork bellies and ham, drove the market upward, analysts said. Live cattle futures touched a one-month low, while feeder cattle recovered after reaching the lowest price in more than five […] Read more
U.S. livestock: Hog futures edge down on profit taking
Chicago Mercantile Exchange lean hog futures pulled back from contract highs on Thursday as traders booked profits ahead of the end of a month, traders said.
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