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Pigs

CME October 2023 live cattle with 20-day moving average (pink line, right index) and CME October 2023 feeder cattle (dark red line, left index). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle up on cash optimism, heat risk

Lean hogs also up on strong pork prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Thursday, supported by concerns about heat stress in the U.S. Plains, as well as optimism in the cash cattle market, analysts said. “The cash outlook seems pretty firm,” said Doug Houghton, technical analyst at Brock Capital Management. ” I think there’s some support […] Read more
Photo: ARS/USDA
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs dip as seasonal pressures mount

Live cattle futures eased slightly as cash trade remains light

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell for a third session on Wednesday, as seasonal pressure mixed with weaker pork prices, analysts said. “This time of year for October hogs, it’s tough to know which direction to go in,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc, noting […] Read more
CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters, Weather

U.S. livestock: CME live cattle ease, heat impacts in focus

Seasonal hog supplies pressure futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after two sessions higher, as traders watch to see the impact of sweltering temperatures on slaughter-ready cattle, analysts said. “The heat does hurt the weights. That’s been an issue for a lot of the south, for a lot of the summer,” said […] Read more
CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle climb on fewer feedlot placements

Lean hog futures down with cash prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed for a second session on Monday, supported by a bigger-than-expected drop in cattle placements in July, reported after market close on Friday. “In terms of slaughter ready cattle, we’re still relatively tight,” said Austin Schroeder, analyst at Brugler Marketing. In the U.S. Department of […] Read more
Floodwaters flow into Gower Gulch near Zabriskie Point, about 190 km west of Las Vegas, in California’s Death Valley National Park on Aug. 20, 2023. The U.S. National Park Service closed the park effective that afternoon due to moderate to heavy rainfall and flash flooding from Tropical Storm Hilary. (Death Valley National Park/National Park Service video screengrab via Facebook)
General, Weather

Prairie Forecast Update: Southern areas may get Hilary’s leftovers

Issued Aug. 20, covering Aug. 20-23

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An interesting weather pattern is currently in place across western North America with Tropical Storm Hilary taking an unusual northerly track as it comes in off the Pacific Ocean south of California. Tropical storms or hurricanes in that region normally do one of two things: they either recurve back out into the Pacific, or move […] Read more
The McDougall Creek wildfire burns outside West Kelowna, B.C. on Aug. 18, 2023. (Photo: Reuters/Chris Helgren)
General, Weather

B.C. wildfires intensify, evacuation orders double

Rain helping slow fires near Yellowknife

By
Kelowna | Reuters — Forest fires in British Columbia intensified on Saturday, with the number of people under evacuation orders doubling from a day earlier, as authorities warned of difficult days ahead. The province declared a state of emergency on Friday to access temporary authoritative powers to tackle fire-related risks, as out-of-control fires ripped through […] Read more
CME October 2023 live cattle with 10-, 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle recover from six-week low

U.S. cattle-on-feed data seen as supportive

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday after dropping to a six-week low, as traders adjusted positions before a government report showed lower-than-expected placements in U.S. feedlots last month. The data, which the U.S. Department of Agriculture (USDA) issued after trading ended, should further support cattle futures next […] Read more
CME October 2023 live cattle with 20-, 50- and 75-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: October live cattle futures lowest since July

October hogs up almost a cent

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, with the most-active contract hitting its lowest price since July, as the market continued to retreat from recent highs. Futures and cash prices have jumped this year after drought reduced the amount of pastures available for grazing and prompted U.S. cattle […] Read more
File photo of an Ontario cherry orchard. (UpdogDesigns/iStock/Getty Images)
General

Pilot plan to cut red tape for reliable TFW employers

Farm employers can apply starting next month

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Canada’s temporary foreign worker (TFW) program is set to give farms a head start in an express lane expected to cut the annual paperwork for that program’s most “trusted employers.” Federal Employment and Workforce Development Minister Randy Boissonault last week launched a three-year pilot meant to “help to address labour shortages and reduce the administrative […] Read more
CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle set two-week low

Lean hogs touch June low

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stumbled to their lowest level in more than two weeks on Wednesday, while lean hogs hit their lowest price since June. Drought prompted U.S. cattle producers to reduce their herds since last year by driving up feed costs and reducing the amount of pasture available […] Read more

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