Wholesale beef prices have jumped this week as retailers and meat processors look ahead to the Memorial Day weekend at the end of the month. The holiday is considered the start of the peak grilling season for products like steaks and hamburgers.
Beef cattle
U.S. livestock: Rallying beef prices push CME live cattle to seven-week high
U.S. livestock: Cattle futures firm on strong demand, rising beef prices
Chicago Mercantile Exchange live cattle futures firmed for a second straight day on Wednesday as rising beef prices and strong packer demand ahead of the Memorial Day holiday weekend supported the market, analysts said.
Unclear when tight US cattle supplies will expand, Tyson CEO says
Tyson Foods cannot predict exactly when U.S. ranchers will start rebuilding the cattle herd in a meaningful way, CEO Donnie King said on Wednesday, as tight supplies squeeze the meatpacker's beef business.
U.S. livestock: Cattle futures shoot higher on rising boxed beef prices
Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on Tuesday as soaring boxed beef prices fueled hopes for increased demand, analysts said.
Klassen: Feeder cattle market takes defensive tone
It’s that time of year when available supplies start to decline. At the same time, demand is limited. Most backgrounding operators have sufficient numbers and demand for grassers is waning. Ontario interest was noted in Manitoba and Eastern Saskatchewan, which appeared to sustain prices near last week’s levels.
Pork market strong despite weak U.S. futures
Fears over avian flu spreading to pigs in the United States and greater hog slaughter are causing lean hog prices at the Chicago Mercantile Exchange (CME) to fall to three-month lows, according to a livestock economist.
Do your homework on alternative feeds
What looks to be another dry year will mean added emphasis on byproduct feeds
Alternative or non-conventional feeds, such as grain screenings, cull potatoes or distillers’ grains, can be an economical means for beef cattle producers to supplement forage and grain inventories while continuing to meet animal nutritional requirements. However, due to variability in supply, nutrient composition and quality of these feed ingredients, there can be pitfalls if not […] Read more
U.S. livestock: Live cattle retreat on heavy supplies, weak cash market
Chicago Mercantile Exchange (CME) live cattle futures eased on Monday on ample supplies of market-ready cattle and expectations for flat to lower cash cattle sales this week, traders and analysts said.
Challenges for 2024 cash crop economics
Cash flows must be managed carefully against rising costs and falling commodity prices
As we embark on a new production year, there are several new challenges. A recent Canadian Federation of Agriculture (CFA) report says “the cost of critical farm inputs such as fuel, fertilizer, feed, machinery, pesticides, land and labour has increased dramatically. “When coupled with high inflation, interest rates and a price on carbon for essential […] Read more
U.S. livestock: Live cattle futures turn higher, feeder cattle lower
Chicago Mercantile Exchange (CME) cattle futures were mixed on Friday, with live cattle contracts turning higher and a rally in Chicago corn futures Cv1 pressuring most feeder cattle contracts lower.
Cyber-Savvy Farmer
