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(Dallasgolden/iStock/Getty Images)
Beef Cattle, Livestock, Markets, Reuters

Fifth-generation cattle rancher aims to build biggest U.S. beef plant

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Chicago | Reuters — A fifth-generation cattle rancher and consultant plans to build the country’s largest beef plant in South Dakota with capacity to slaughter 8,000 head of cattle a day. The US$1.1 billion project could help address the Biden administration’s concerns about rising food prices and a lack of competition in the meat sector, […] Read more
CME August 2022 live cattle (candlesticks) with 10-, 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures fall as corn prices rise

Supply outlook also a concern

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday, pressured by ample supplies and concerns about feed costs due to high corn prices, traders said. Hog futures were also weak. U.S. beef processors on Monday slaughtered an estimated 125,000 cattle, up from 117,000 a year ago, the U.S. Department of Agriculture […] Read more
CME August 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, feeder cattle touch three-week highs

July lean hogs close lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped a three-week high in the most-active contract on Friday before ending lower amid pre-weekend profit-taking, analysts said. Feeder cattle futures also exceeded a three-week high, while lean hog futures came under pressure at the CME. Strong demand for cattle from meatpackers and a decline […] Read more
File photo of a flock of sheep in eastern Idaho. (Samson1976/iStock/Getty Images)
Livestock, Reuters, Sheep/Goats

U.S. sheep herders’ suit alleges cartel-like wage suppression

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Reuters –– Sheep herders in the U.S. West have banded together to sue their employers, accusing them of operating an illegal cartel that artificially suppresses their wages, according to court documents filed Wednesday in Nevada. The case could have implications for how antitrust laws are applied to labour markets, according to legal experts, as the […] Read more
CME August 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 firm on strong demand

Lean hogs mixed near unchanged

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Chicago | Reuters — Chicago Mercantile Exchange Group live cattle futures firmed on Thursday, supported by steady cash prices across the U.S. Plains, as well as strength in consumer beef demand, despite inflationary forces, analysts said. “The feeling two, three weeks ago was that beef demand wasn’t that good and was going to really start […] Read more
Three generations of the Eppich family take to the ice on a farm pond before the spring thaw arrives.
Cattleman’s Corner, Livestock

Foaling begins as calving season ends

There’s always some ups and downs, but fortunately more ‘ups’

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March was a busy month for us with calving. It was still quite cold at night so we were doing night checks at two-hour intervals. Our first heifer calved March 6 and we had to pull the calf. That same afternoon the newest member of Eppich family, Ian, was baptized. It was a beautiful ceremony […] Read more
CME July 2022 lean hogs (candlesticks) with Bollinger bands (20,2) and CME lean hog index (pink line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs firm on summer demand, tight supplies

Lower corn futures support feeder cattle

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Chicago | Reuters — Chicago Mercantile Exchange Group lean hog futures firmed on Wednesday, supported by strong demand that has pushed cash prices higher. “We’re still looking at tighter supplies in front of us,” said Rich Nelson, chief strategist at Allendale Inc. Pork demand firms during the summer, with U.S. grilling holidays such as Father’s […] Read more

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