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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle, feeder cattle futures rise; lean hogs end lower

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures edged higher on Monday, supported by rising feeder cattle values and firm wholesale beef prices as Labor Day, the last big grilling holiday of summer, approaches. CME August live cattle futures LCQ2 settled up 0.325 cent at 136.775 cents per lb and the most-active October […] Read more
Beef prices that are likely to remain strong as retailers prepare for Labor Day demand. Photo: iStock/Getty Images
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle firms on firm beef demand; cash market lifts hogs

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed on Friday, supported by robust beef prices that are likely to remain strong as retailers prepare for Labor Day demand through the month of August. “The retailer will have beef going into the meat case, and that’s going to keep the product market together,” […] Read more
Photo: ARS/USDA
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures gain as cash index climbs

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures climbed on Wednesday, after being lower for two days, supported by a strong cash market, as analysts watch for market-ready hog numbers to begin seasonally moving higher. “The cash hog strength is impressive,” said Matthew Wiegand, Risk Management Consultant at FuturesOne. CME’s nearby August lean […] Read more
Photo: Thinkstock
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures ease as ranchers push forward marketing amid drought

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased on Tuesday, pressured by softening cash cattle prices as ranchers trim herds amid prolonged drought in the Southern U.S. Plains. “Marketing is getting pushed forward. Cows are being sent to market because of herd liquidation,” said Doug Houghton, technical analyst at Brock Capital Management. […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market experiences calm before upcoming storm

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Compared to last week, western Canadian feeder cattle markets traded $2-$4 on either side of unchanged. Once again, overall volumes were limited, with small strings and singles moving through auction barns. The quality was quite variable and offbeat stragglers were quite common. Buyers incorporate a risk discount on these cattle; therefore, prices do not represent […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Gains in cattle futures limited by smaller cattle on feed placements

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Monday as drought conditions across the U.S. Southern Plains continue to degrade grazing land, though gains were limited by smaller-than-expected declines in feedlot placements, analysts said. Ranchers have been pushing cattle into feedlots at higher rates as parched grassland struggles to support herds, […] Read more
Lower beef production means higher prices
Beef Cattle, Cattleman’s Corner, Markets

Lower beef production means higher prices

As the U.S. herd contracts, this is the year for Canadian producers to increase numbers

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During the latter half of June, Alberta packers were buying fed cattle in the range of $170-$173 f.o.b. the feedlot in southern Alberta. The market was up $2 to $3 from 30 days earlier. Prices were marking fresh 52-week highs as feedlots in Western Canada contend with a backlog of market-ready supplies. The fed cattle […] Read more
Jared Epp speaks to the crowd at AiM 2022 about stock dogs and herding. (Liam O’Connor photo)
Livestock

Lessons on stock dogs from Ag In Motion

'Our dogs do understand that they're worthy'

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Ranchers, and perhaps even dog owners, gathered around the Cattle Pen at Ag in Motion on Wednesday to learn about stock dogs and what makes them tick. Jared Epp from the Saskatchewan Stock Dog Association led that day’s demonstration and drove home four main points: showing leadership is key, the appearance of the dog doesn’t […] Read more

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