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CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs drop to January lows on demand worries

Live cattle up, feeder cattle down

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Chicago | Reuters — CME lean hog futures on Wednesday fell to their lowest prices since January amid concerns about demand for U.S. pork, analysts said. Inflation and a decline in U.S. pork exports to China, the world’s top pork consumer, are hurting demand, analysts said. The consumer price index rose 8.3 per cent in […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market starts seasonal rally

Ontario demand leads charge higher in Manitoba

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Compared to last week, western Canadian yearling markets traded $4 to as much as $6 higher on average. Calf markets were sharply higher. Auction barns in Manitoba reported calf prices up $8-$10 on average with certain pockets up as much $15. Calf markets in Alberta and Saskatchewan were up a solid $5-$8 from week-ago levels. […] Read more
(DimaSobko/iStock/Getty Images)
Dairy Cattle, Livestock, Reuters

Major U.S. retailers limit infant formula purchases on shortage

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Reuters — U.S. retailers including Target, CVS and Walgreens Boots Alliance said on Tuesday they have limited purchases of infant formula due to a supply shortage. The limits come after top supplier Abbott Laboratories in February recalled some baby formula including Similac made at its plant in Michigan over complaints of bacterial infections in infants […] Read more
CME June 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and brown lines) and CME lean hog index (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs firm nearby

Outside markets pressure live cattle

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Chicago | Reuters — CME’s nearby lean hog futures firmed on Tuesday, incentivizing producers to sell market-ready hogs rather than hold them for premiums later in the summer, analysts said. High futures prices “may have encouraged producers to take a little more risk,” said Altin Kalo, economist at Steiner Consulting Group. “When you’ve got such […] Read more
CME June 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle firm on strong packer demand

Export demand concerns drag on hogs

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Chicago | Reuters — CME live cattle futures firmed on Monday, supported by strong packer demand that supported cash prices, indicating a bullish outlook for summer month futures, analysts said. “Packer behaviour has been bullish for several weeks now. They are going after the cattle,” said Dennis Smith, commodity broker at Archer Financial. “I suspect […] Read more
CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs slip on demand concerns

Inflation on U.S. retail meat a worry

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Chicago | Reuters — CME Group live cattle and hog futures slumped on Friday, as investors worried about the prospect of food inflation weighing heavy on U.S. consumer meat demand as the summer grilling season gets underway, analysts said. Benchmark June lean hogs settled the day down 2.975 cents, to 104.1 cents/lb. (all figures US$). […] Read more
Look for opportunities to supply calves with certain carcass or production characteristics that fit a certain branded beef marketing program. Selecting a bull with desirable traits might help a producer to tap into higher value markets.
Cattleman’s Corner, Livestock

Select herd sires to meet end-use objectives

Are you breeding for meat production or replacement heifers? A program could be a combination of live service as well as AI

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Sire selection depends on the producer’s goals, how the offspring will be marketed and/or if heifers will be retained as replacements. The genetics and phenotypical traits of the cow herd will be a factor in trying to select bulls that complement those cows and ultimately produce the best calves possible to meet those goals. Often […] Read more
CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs climb, demand uncertainty remains

Chicago cattle futures lower

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Chicago | Reuters — CME lean hog futures firmed for a second session on Thursday, supported by bargain buying, though demand concerns capped gains, analysts said. “We’ve got conflicting fundamentals. Seasonally, hog supplies should continue to tighten into mid-summer. But right now there’s a lot of demand worry,” said Doug Houghton, technical analyst at Brock […] Read more
File photo of chicks on a genetic map of a chicken. (Peggy Greb photo courtesy ARS/USDA)
Livestock, Poultry/Eggs

High-path avian flu reaches Alaska

Canada books more cases in five provinces

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U.S. federal animal health officials have confirmed highly pathogenic avian influenza in a backyard flock in southern Alaska, showing the extent of current outbreaks’ reach across North America. The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) said Saturday it had confirmed the presence of high-path avian flu in a “non-poultry” backyard […] Read more

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