Chicago Mercantile Exchange live cattle futures fell to a fresh two-month low on Wednesday on technical selling and fund liquidation, as investors gauged whether beef demand would suffer amid recent news of avian influenza in dairy cattle.
Cow-calf
U.S. grains: Cattle end lower on beef demand concerns, hogs higher
U.S. livestock: Cattle claw back some losses after bird flu selloff
Chicago Mercantile Exchange cattle futures rebounded on Tuesday as traders reassessed the market after worries about cattle infected with avian influenza had triggered a sharp selloff a day earlier.
Klassen: Feeder market resumes the climb
For the week ending March 30, Western Canadian feeder cattle markets traded $4 to $6 higher on average. Fleshier backgrounded yearlings were relatively unchanged. Buyers were fairly cautious on backgrounded heifers with some packages actually softer than seven days earlier. Larger strings of quality genetic, low flesh steers were up $6 to as much as $10 in some cases. Weaned, premium, calves were up a solid $5 to $6 on average.
U.S. livestock: CME cattle plunge as bird flu fears spark speculative selloff
Chicago Mercantile Exchange live and feeder cattle futures plunged on Monday on market uncertainty following news of a human case of avian influenza in a person who had contact with infected dairy cows.
A key to cattle business survival
Produce more pounds of beef per acre versus more pounds per cow, this U.S. rancher says
North America producers are receiving higher prices for cattle than ever before — “yet very few are really profitable,” Kit Pharo says. Most cow-calf producers “are too dependent on outside inputs, which are also at record-high costs,” says Pharo, who operates Pharo Cattle Company in Colorado and was the keynote speaker at the recent Holistic […] Read more
Cargill renews top-up payment for CRSB-certified beef
Cargill and its customers have renewed a program that would ensure beef producers receive at least $400 for being certified under the Canadian Roundtable for Sustainable Beef (CRSB).
JBS says US beef division facing challenges, Seara unit improving
Low cattle supply behind weakness in US division; headwinds expected to continue
Brazilian meat-packer JBS expects margins of its Seara processed foods maker in Brazil to reach double digits in the first weeks of 2024, citing operational improvements designed to shore up the unit, executives said today.
U.S. livestock: CME cattle futures slide to two-month lows
Data signals producers still sending cattle to slaughter instead of rebuilding the U.S. herd
Chicago Mercantile Exchange cattle futures tanked on Tuesday on fund selling and as markets remained under pressure from bigger-than-expected U.S. feedlot placements, brokers said.
Klassen: Feeder market rally stalls
Compared to last week, Western Canadian feeder cattle prices were quoted $3-$4/cwt on either side of unchanged.
Pastures, hayland get a leg up with legumes
Climate program funds allow Canadian-bred non-bloating legumes such as sainfoin to gain ground
A former Alberta provincial forage and livestock business specialist, now working with seed supplier Union Forage, Grant Lastiwka has studied forages in grazing systems for a long time. Over that time, he’s found certain legumes can bring net benefits to pastures and forage stands — significant enough to outweigh the potential drawbacks. Eleven years ago, […] Read more