Beef Cattle & Production Tips

(Regis Lefebure photo courtesy ARS/USDA)

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures tumble with pork belly prices, despite China hopes

By Michael Hirtzer, GFM Network News July 31, 2018

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell sharply on Tuesday, weighed down by ample supplies and tumbling prices for pork bellies that are used for bacon, traders said. Front-month August lean hogs fell 2.175 cents to 61.125 cents per pound, dropping to a life-of-contract low for the fourth consecutive session. Most-active […] Read more

Finishers, Livestock, Markets

Klassen: Stronger beef demand underpins feeder market

By Jerry Klassen, GFM Network News July 31, 2018

Compared to last week, Western Canadian yearling markets traded $2 to $4 higher on average while calves were relatively unchanged. It appears that yearling supplies could be down 2 per cent to 4 per cent this fall which has feedlots being more aggressive early in the season. Major markets in Alberta led the charge higher […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures lower after weaker cash trades, hogs mixed

By Michael Hirtzer, GFM Network News July 30, 2018

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures edged lower on Monday, under pressure from weaker trades in U.S. Plains cash cattle markets that occurred after futures markets closed late on Friday, traders and analysts said. Feeder cattle futures also eased, tracking declines in the more actively traded live cattle market, while lean […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cash price uncertainty weakens CME live cattle

By Reuters, GFM Network News July 24, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle lost ground on Tuesday after investors exercised caution in advance of this week’s prices for market-ready, or cash, cattle, said traders. There may have been some disappointment after initial bids for cash cattle came in below last week’s sales, a trader said. On Tuesday packers had […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market jumps on optimistic outlook

By Jerry Klassen, GFM Network News July 23, 2018

Western Canadian yearling prices were slightly softer during the second week of July, due to the historical high weekly marketings of feeder cattle south of the border; however, the market fully recovered last week. Feeder cattle prices tend to make a seasonal high in late July and this year is no exception. Market reports in […] Read more

Cattleman’s Corner, Finishers, Markets

Yearlings gain on tighter supplies

Market Update: Feedlots counting on lower feed costs this fall

By Jerry Klassen July 19, 2018

In late June, Alberta packers were buying fed cattle in the range of $243 to $245/hundredweight on a dressed basis and $143 to $145 on a live basis. The fed cattle market has dropped about $12 over the past month and will likely continue to grind lower into July and August. The U.S. and Canadian […] Read more

Finishers, Livestock, Markets

Klassen: Large U.S. supplies weigh on Canadian feeder market

By Jerry Klassen, GFM Network News July 16, 2018

Compared to last week, feeder cattle prices were down $3 to as much as $6 across all weight categories. Most auction barns were closed last week for summer holidays and only small volumes traded in the key regions of Alberta. Feedyards are also running a skeleton crew, providing some much-needed time off after a busy […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle market leads yearlings higher

By Jerry Klassen, GFM Network News July 10, 2018

Compared to last week, yearlings traded $3 to as much as $6 higher. While many auction barns were on holidays, buyers had a full deck of orders for the limited supplies on hand. Many buyers and few sellers characterized the market environment. The quality of cattle is quite variable at this time of year but […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Yearlings lead feeder complex higher

By Jerry Klassen, GFM Network News July 3, 2018

Compared to last week, yearlings traded $3 lower to as much as $8 higher. Lower supplies made the market hard to define in some regions but quality packages were very well bid. Heifers were somewhat softer but overall, the market continues to strengthen. Larger operations in southern Alberta were once again leading the charge higher […] Read more

Beef Cattle, Hogs, Livestock, Reuters

Brazil’s BNDES willing to sell JBS stake

By GFM Network News June 29, 2018

Rio de Janeiro | Reuters — Brazilian development bank BNDES is willing to sell its stake in meatpacker JBS SA, one source with knowledge of the matter said on Friday. The development bank had already expressed the intention to sell its stake “for the right price.” But the person, who asked for anonymity to discuss […] Read more

Daily Network News

JBS reaches deal with U.S. meatpacking workers who went on strike

Public consultation open on national beef code of practice

Pulse weekly: Indian forecasters predict below-normal monsoon

Beef Cattle

U.S. livestock: Hog futures tumble with pork belly prices, despite China hopes

Klassen: Stronger beef demand underpins feeder market

U.S. livestock: Cattle futures lower after weaker cash trades, hogs mixed

U.S. livestock: Cash price uncertainty weakens CME live cattle

Klassen: Feeder market jumps on optimistic outlook

Yearlings gain on tighter supplies

Klassen: Large U.S. supplies weigh on Canadian feeder market

Klassen: Fed cattle market leads yearlings higher

Klassen: Yearlings lead feeder complex higher

Brazil’s BNDES willing to sell JBS stake

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