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Pasture

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle fall again with cash prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted significant losses on Thursday for a second straight session, with nearby contracts posting new lows, in response to weaker cash prices, traders said. Spot December closed 3.4 cents lower, at 125.7 cents/lb., and made a new low of 124.6 cents. February closed 2.175 cents […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle stabilize near annual lows

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Western Canadian feeder cattle prices traded $5 lower to $5 higher relative to week-ago levels. The market was quite variable across the Prairies, with eastern markets coming under more pressure comparable to southern Alberta. Feedlot operators and backgrounding farmers that were holding back on purchases earlier in the fall were stepping forward more aggressively this […] Read more
The Saskatchewan Horse Federation named a memorial scholarship for veterinarian Byrnne Rothwell two weeks after his death in 2014. (SaskHorse.ca)
Livestock

Sask. livestock sector adds three hall-of-famers

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It was only proper for Byrnne Rothwell, Florian Possberg and Barry Andrew to be announced in the Saskatchewan Agricultural Hall of Fame’s next group of inductees during Canada’s biggest livestock show. The three inductees, all known for their contributions to the livestock sector, were announced Friday morning at Canadian Western Agribition in Regina. Ed McCall […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle snap back ahead of holiday

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts ended up sharply on Monday, driven by active short-covering as some investors prepare for Thanksgiving holiday vacations, traders said. “Some of these guys are so frustrated with market volatility and uncertainty that they’re looking forward to some time off,” a trader said. Spot December finished […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lower beef quote undermines CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle closed lower on Thursday after profit-taking and a drop in the day’s wholesale beef price ended a two-day rally, traders said. Spot December and February finished 1.075 cents/lb. lower at 129.9 and 132.05 cents, respectively (all figures US$). Thursday morning’s wholesale choice beef price had fallen […] Read more
Australia’s Treasurer Scott Morrison, shown here earlier this year, has blocked the sale of S. Kidman’s farmland holdings to overseas bidders. (ScottMorrison.com.au)
Beef Cattle, Livestock, Markets, Reuters

Australia blocks foreign firm’s deal for largest farm owner

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Sydney | Reuters –– Australia on Thursday blocked the sale of the country’s largest landowner, private farming group S. Kidman and Co., to foreign investors, saying an agricultural area the size of South Korea should remain in Australian hands. Ownership of farmland is a sensitive political issue in Australia amid concerns that foreign buyers are […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle extend gains

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher for a second day in a row Wednesday, helped by more short-covering as expectations improved regarding cash prices later this week, traders said. Spot December finished at 130.975 cents/lb., up 2.95 cents, and February 2.55 cents higher at 133.125 cents (all figures US$). […] Read more

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