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Photo: Canada Beef
Finishers, Livestock, Markets

Klassen: Feeder market continues to consolidate

U.S. feeder cattle supplies seen tighter than expected

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Compared to last week, western Canadian grass yearling prices were relatively unchanged. Yearlings over 800 lbs. on light grain rations or on diets mixed with silage were priced at $5 to as much as $20 discount to those cattle coming straight off pasture. Larger groups of uniform quality continue to trade at a minor premium […] Read more
A chicken salad featuring Upside Foods’ cell-cultivated meat. (UpsideFoods.com)
Livestock, Reuters

Lab-grown meat can be kosher and halal, experts say

Opinions seen as guidance for future products

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Reuters — Lab-grown meat can be labeled kosher and halal as long as its cells are derived in methods compliant with religious standards, according to two panels of experts commissioned by the nascent industry. The opinions are a win for cell-cultivated meat companies, executives said, because it means observant followers of Judaism and Islam could […] Read more
CME October 2023 feeder cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle, deferred live cattle hit new highs

October lean hogs also close higher

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Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures hit new contract highs on Monday, as tight U.S. supplies going into next year continued to fuel the bull market, traders said. Even Chicago Mercantile Exchange’s October and December live cattle futures surged within $1 of their contract highs, fueled by optimism […] Read more
CME June 2024 live cattle with 20-day moving average and October 2023 live cattle (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle, deferred live cattle set highs on tight supply

Hog futures down on lower export sales

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Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures climbed to new peaks on Friday, as limited U.S. supplies continued to propel prices. Inventories of U.S. cattle dwindled to their lowest levels in decades after producers reduced their herds over the last year because drought reduced the availability of pastures for […] Read more
CME October 2023 feeder cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle set contract high, live cattle hit July high

Hogs up but within yesterday's range

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to a July high on Thursday while feeder cattle set new contract highs. Tight supplies continue to support the markets, analysts said, after U.S. producers reduced their cattle herds over the last year as drought limited the availability of pastures for grazing. October live […] Read more
CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle rally near four-week high

October hogs touch lowest in a week

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Wednesday to their highest level in nearly four weeks, while feeder cattle also stormed higher. U.S. cattle supplies are tight as drought reduced the amount of pasture available for grazing and drove producers to send more cattle to slaughter over the last year. […] Read more
File photo of a wild boar crossing a road in Sweden. (Ockra/iStock/Getty Images)
Hogs, Livestock, Reuters

Swine fever detected in Sweden for first time

Recent outbreak in Balkans spurred culls

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Stockholm | Reuters — A dead wild boar in Sweden has tested positive for African swine fever, Sweden’s Veterinary Institute said on Wednesday, the first such case in the country. African swine fever is harmless to humans but is highly contagious and deadly in domestic pigs and wild boars. It has spread from Africa to […] Read more
(Subjug/iStock/Getty Images)
Dairy Cattle, Livestock, Markets

New Zealand, Canada each claim wins in CPTPP dairy dispute

Dispute panel knocks Canada's dairy access rules

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A dispute settlement panel called by New Zealand under the Trans-Pacific Partnership (CPTPP) trade pact has ruled Canada’s limits on dairy market access cramp its agreed-upon obligations. But despite the panel’s findings in New Zealand’s favour, Canada is also framing the panel’s ruling as a win — as it also generally upholds Canada’s ability to […] Read more
CME October 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs near one-month high on export outlook

CME cattle futures close lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures neared a one-month high on Tuesday on expectations for increased U.S. pork exports and tightening supplies. Demand for U.S. pork is benefiting as high pig prices in Europe cause global importers to shift some business to the United States, where pig prices have been weak, […] Read more

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