Chicago Mercantile Exchange feeder cattle futures crumbled on Wednesday on profit-taking after the market reached a four-month high this week, analysts said.
Cow-calf
U.S. livestock: CME feeder cattle slide on profit-taking
June hogs set highest price in nearly a year
New York sues meatpacking giant JBS over climate claims
Attorney general calls company's emissions goals 'infeasible'
JBS, the world's largest beef producer, was sued on Wednesday by New York state's attorney general, which accused it of misleading the public about its impact on the environment in order to boost sales.
Klassen: Statistics Canada confirms lower feeder cattle supplies
Precipitation in Alberta, Saskatchewan increases demand for grassers
Compared to last week, Western Canadian yearling or backgrounded steers prices were quoted $5 to $8 higher; yearling or backgrounded heifers were unchanged to $4 higher. Calves were trading $4 to as much as $10 higher.
U.S. livestock: CME live cattle rise on tighter US supply expectations
June hogs rose to highest level in nearly a year
Chicago Mercantile Exchange live cattle futures crept higher on Monday on expectations that U.S. supplies will continue to tighten, analysts said.
U.S. livestock: Cattle rally on fund buying, cheaper feed
Hogs mostly rose for the seventh straight session on strong cash hog prices, traders said
Chicago Mercantile Exchange (CME) cattle futures rallied on Friday, as funds continued to flock into the market and the cost of feed prices fell sharply, market analysts said.
Canadian cattle herd reaches lowest level since 1989
Cattle weights supporting decline in production
On January 1, Canadian farmers held 11.1 million cattle and calves on farms, down 2.1 per cent from a year prior, StatCan said in livestock estimates released today. It's the smallest cattle herd since January 1, 1989.
Automating heat detection
Researchers test whether monitoring technology will predict reproductive cycles
Glacier FarmMedia — Labour challenges on cattle farms could be alleviated by sensors now being tested to help detect females in heat. Dr. Dinesh Dadarwal, a veterinarian and assistant professor in large animal science at the Western College of Veterinary Medicine, says the Livestock and Forage Centre of Excellence tests technology so producers can make […] Read more
Klassen: Feeder market shows signs of herd expansion
Some buyers suggest some heifers are being purchased for breeding
For the week ending February 17, Western Canadian prices for yearlings and backgrounded cattle were quoted $2-$4/cwt higher than seven days earlier.
Lessons from last September’s cattle market drop
A small change in cattle numbers can result in a large drop in market value
CME (Chicago Mercantile Exchange) December 2023 live cattle futures made a high of US$199.75 per hundredweight on Sept. 15. The market held at the higher levels until the end of September and then started to trend low, bottoming around $166 on Dec. 7 (all figures US$). There were a few signals stating that the market […] Read more
New farm income record set in 2023, estimates suggest
Despite challenges like drought and war, Canadian farms proved resilient
Canadian farm income may have set a new record in 2023. That's according to the official 2023 and 2024
estimates released February 16 by Agriculture and Agri-Food Canada.
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