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Livestock Livestock

CME July 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs up in deferred months

USDA report fuels supply uncertainty; cattle up on cash strength

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose in deferred contracts on Friday on U.S. producers’ plans for fewer sows to farrow, analysts said. Producers intend to have 2.93 million sows farrow, or give birth, from March to May, down one per cent from actual farrowings a year earlier, the U.S. Department […] Read more
(ALLEKO/iStock/Getty Images)
Livestock, Markets

Beef sector rips ‘unjust’ result as talks wrap on U.K. entry to CPTPP

Dairy sector calls for 'vigilant' enforcement on British imports

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Negotiations have concluded for the United Kingdom to join Canada and its 10 partner nations in the Trans-Pacific Partnership (CPTPP) trade pact, with Canada’s beef cattle sector already calling the results “fundamentally unjust.” Federal Trade Minster Mary Ng on Thursday announced the conclusion of negotiations, making the U.K. the first accession applicant to reach that […] Read more
CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle set contract high as cash prices jump

USDA sees hog farrowing intentions down on year

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Thursday, with the front-month contract setting a new high, as cash prices climbed. Cash cattle trades of around $170-$171/cwt in western Nebraska and around $172/cwt in northwest Iowa ignited the rally in futures, analysts said (all figures US$). Cash prices were up about […] Read more
Cow 56 and the new calf finally bonded. After just a few times of having the calf nurse, the cow started licking the calf and accepting it as her own.
Cattleman’s Corner, Cow-Calf

Grafting a calf made for a happy pair

It wasn't the usual orphan calf scenario, but the cow and calf finally bonded

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We started our calving season this year with a loss when cow number 56 lost her premature twins. This cow has always brought home a good calf, and one year even raised a set of twins on dry grass by herself. She’s always been decent to work with and not overly nervous or reactive, so […] Read more
CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle hit three-week peak on tightening U.S. supply

Weak cash prices drag on hog futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures marched to a three-week high on Wednesday on expectations for tighter U.S. supplies, analysts said. Feeder cattle futures also advanced, while lean hogs softened. Technical buying helped support live cattle, analysts said, after a drop near eight-week lows last week was seen as overdone. The […] Read more
(Photo illustration: Nevodka/iStock/Getty Images)
Livestock, Reuters

Italy moves to ban lab-grown food in drive to protect tradition

Ag lobby praises government move; angry reactions from food companies, animal rights groups

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Rome | Reuters –– Italy’s government on Tuesday approved a bill banning the use of laboratory-produced food and animal feed as it aims to safeguard the country’s agri-food heritage, its agriculture minister told a news conference after a cabinet meeting. If the proposal is passed by parliament, Italian industry will not be allowed to produce […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle futures top two-week highs

Chicago lean hog futures ease

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped another two-week high on Tuesday before finishing slightly firmer, while lean hog futures ended lower. Technical buying helped support gains in cattle, as the market has rebounded after nearing a two-month low last week, brokers said. A smaller U.S. cattle herd is also supportive […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market eyes feed grain complex

Downside expected in new-crop barley prices

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Compared to last week, western Canadian feeder cattle markets traded steady to $2 higher on average. Alberta packers were buying fed cattle on a dressed basis in the range of $353-$357/cwt delivered last week, up from the average price of $348/cwt delivered seven days earlier. Strength in the fed cattle market continues to support the […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Japan lifts last of BSE-era restrictions off Canadian beef

Canadian processed beef regains access to Japan

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The last of Japan’s import restrictions on Canadian beef and beef products stemming from the BSE crisis has been lifted, allowing access for Canadian further-processed beef. Canada’s federal agriculture department announced Monday that Japan has reopened to imports of “processed” Canadian beef — just days ahead of a significant reduction in Japan’s tariffs on imports […] Read more
CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle exceed two-week highs in rebound

Lean hogs up off last week's lows

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed stronger and touched their highest prices in more than two weeks on Monday as livestock markets recovered from recent losses, analysts said. The Dow and S+P 500 also ended higher, after turmoil in the banking sector recently weighed on equity and commodity markets. Cattle […] Read more

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