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CME April 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 up on improved slaughter pace

Lean hogs down on profit-taking

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished higher on Wednesday on technical buying and as rising U.S. slaughter rates eased concerns about cattle supply backups. Cattle processing rates have ramped up after pandemic-related staffing shortages at some meat plants. The U.S. Department of Agriculture (USDA) estimated Wednesday’s cattle slaughter at 118,000 […] Read more
CME April 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs hit new contract high on slim supply

CME April live cattle up slightly

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to a new contract high on Tuesday on concerns about tightening U.S. supplies, analysts said. Nearby live cattle and feeder cattle futures also strengthened. U.S. cold storage data, issued after the markets closed on Monday, was supportive for hog and cattle futures, analysts said. […] Read more
Save your best nutrition for late-gestation cows
Cattleman’s Corner, Cow-Calf, Livestock

Save your best nutrition for late-gestation cows

Producers share winter rations that work for their cow-calf operations

By
Preparing for the calving season used to be simple. The best green hay was saved for the gestating cows about two months before they calved, and most people started to feed a bit of loose cattle mineral. The funny thing is that this simple program worked at the time. As a beef nutritionist, it’s not […] Read more
(Blair Cameron photo courtesy Canada Beef Inc.)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market softens on tight feed grain supply

Ontario buying interest subsides

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Compared to last week, prices for yearling steers were down $2-$4 while yearling heifers were down $4 to as much as $8. Calf markets were down $3-$6 from last week. Negative feeding margins, colder temperatures and tight feed grain supplies were the three main factors setting a negative tone in the feeder market. Rail imports […] Read more
CME April 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle sink to November lows

Lean hogs set contract high

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled on Monday as investors reduced risk and after the U.S. Department of Agriculture (USDA) last week confirmed producers placed more animals into feedlots in December, analysts said. USDA said cattle producers placed 1.96 million head in feedlots last month, up six per cent from a […] Read more
(FotografiaBasica/E+/Getty Images)
Dairy Cattle, Livestock

Study finds no data to show change in butter consistency

Not enough data to link to palm supplement use, either

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Updated, Jan. 24 — A panel tasked with reviewing complaints of changes in Canadian butter’s consistency has found there’s not enough data out there to support those complaints — nor to support the allegation that palm byproducts in cows’ rations were the cause. The Expert Working Group on Feed Supplementation, set up by Dairy Farmers […] Read more
CME February 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures surge to highest in over three months

U.S. cattle counts up from last year

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Chicago | Reuters — Chicago Mercantile Exchange hog futures rose 1.5 per cent on Friday to hit their highest since mid-October, extending a rally on technical buying. Traders remained focused on the slaughter rate as COVID-19 disruptions have caused slowdowns at meat processors throughout the month. “The industry still isn’t functioning normally, though the processing […] Read more
CME February 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures touch highest since mid-October

CME cattle futures down on day

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Chicago | Reuters — Chicago Mercantile Exchange hog futures jumped to their highest in more than three months on Thursday, supported by strength in the cash markets, traders said. Most actively traded February lean hogs rose 2.625 cents, to 84.925 cents/lb. (all figures US$). The front-month contract closed just below its session peak of 84.975 […] Read more
Cow-calf producers don’t have to be just price takers. They can tap into marketing options that provide improved rates of return.
Cattleman’s Corner, Livestock, Markets

Who makes money in the beef industry?

Market Update with Jerry Klassen: The cow-calf producer does have options for increasing returns

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Over the past year, I’ve received many inquiries from cow-calf producers regarding the margin structure for packing plants. Wholesale beef prices have been trading near historical highs, but this hasn’t translated into significantly higher feeder cattle prices. Cow-calf producers often believe they are at the bottom of the ladder when it comes to profitability throughout […] Read more

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