Chicago Mercantile Exchange (CME) lean hog futures rallied in tandem with other commodities markets on Tuesday as signs of tightening supplies and a favorable pork demand outlook supported prices, traders said.
Beef cattle
U.S. livestock: Lean hogs rally on pork demand outlook, rising commodities prices
Klassen: Feeder market recovers from weather discount
Compared to last week, backgrounded yearlings traded $4-$8/cwt higher on average. Calves were quite variable with prices quoted from unchanged to as much as $10 higher. Overall, there appeared to be stronger buying interest this week across all weight categories.
Alberta municipalities, farmers agree to cut water use as drought persists
Municipalities and irrigation districts in Alberta have agreed to use less water this summer to combat a severe ongoing drought, the provincial government said on Friday.
Several factors favour bovine influenza A detection on dairy versus beef farms
University of Montreal faculty member Dr. Jean-Pierre Vaillaincourt said there are several reasons why dairy farms are more likely bovine hosts.
Take care of first-calf beef cows after calving
Keep them separate from older cows and a different ration could make sense
Despite some market volatility, the good value of all cattle is holding for the time being. That’s a good thing because last year, many cow-calf operators bred more replacement heifers that are now calving or about to calve. Some of these producers told me they throw them into their main cowherd if they are big […] Read more
U.S. livestock: Live cattle end higher ahead of monthly USDA data
Chicago Mercantile Exchange live cattle futures ended modestly higher on Thursday as traders squared positions ahead of a monthly feedlot report due on Friday from the U.S. Department of Agriculture (USDA), traders said.
Domestic birds confirmed as hosts for bovine influenza A virus
Epidemiologist says there is “still lots” to investigate about how virus jumped from from birds to dairy cattle
Domestic birds that live in and around barns have been confirmed as the avian hosts of an outbreak on dairy farms in the United States of highly pathogenic avian influenza.
Federal budget draws mixed reaction from Canadian ag groups
Livestock tax deferral, capital gains exemption praised; overall lack of investment in agriculture noted
The 2024 federal budget, released Tuesday afternoon has drawn mixed reactions from ag groups across Canada. While some have praised aspects of the plan, others have condemned the lack of attention paid to agriculture and farmers.
Expect stronger cattle markets for third quarter
A surprise reduction in beef production could mean higher prices
During the second week of March, Alberta packers were buying fed cattle on a dressed basis in the range of $378-$380 per hundredweight (cwt) delivered. Prices f.o.b. (free on board) the feedlot in southern Alberta were quoted from $225 to $226/cwt. The market has been consolidating over the past month, as market-ready fed cattle supplies […] Read more
U.S. livestock: Live cattle extend recovery
Chicago Mercantile Exchange live cattle futures closed higher for a second consecutive session on Tuesday as the market extended a recovery from oversold conditions, analysts said.