Heifers that have calves for the first time need special attention, and getting them ready for their next pregnancy is the goal of a nutrition program specifically for them.
Chicago Mercantile Exchange live cattle and feeder cattle futures crept higher on Tuesday as strong wholesale beef prices and a tight cattle supply compelled meatpackers to pay up for each head of cattle, lending support to the cash market and cattle futures, analysts said.
For the week ending May 2, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. The heifer discount to steers continues to narrow. Steady buying interest from Ontario was noted in Manitoba and certain locations in Saskatchewan.
Chicago Mercantile Exchange live cattle and feeder cattle futures stormed to contract highs on Friday, as tight U.S. supplies drove cash prices to records this week, traders said.
Chicago Mercantile Exchange live cattle and feeder cattle futures hovered near recent contract highs on Thursday as traders said cash prices galloped to new highs.
Chicago cattle and hog contracts fell across the board as U.S. advance gross domestic product data pointed to the first quarterly decline in three years.