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Livestock Livestock

CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs climb as pork prices rise, slaughter pace slows

Cattle futures anticipate grilling season

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rose on Tuesday for a second straight day, supported by rising wholesale pork prices and a smaller weekly kill than a year ago, traders said. CME April lean hog futures ended up 1.05 cents at 88.35 cents/lb., moving back up toward a life-of-contract high […] Read more
Several participants attended a field day on Walker Farms to have a look at the cocktail blend of forages. Cattle, in the background, will eventually move into this productive feed as part of a high-intensity, rotational grazing program.
Crops, Features, Livestock

Livestock can benefit crop production

Combining the two benefits both beef and crops, says a Saskatchewan producer, and let’s not forget about the soil

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Lance Walker says incorporating the livestock enterprise into more of the grain component on the family’s central Saskatchewan farm in recent years is already showing signs of increasing production, while reducing input costs. He’s excited to see where increasing the synergy between the two enterprises — that includes feeding cattle on cropland, multi-species cropping and […] Read more
CME June 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs firm as U.S. stimulus plan fuels optimism

Relief bill expected to lift meat demand

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures firmed on Monday, recovering from a seven-week low hit last week, on optimism that the US$1.9 trillion COVID-19 relief bill will spur the U.S. economy and bolster demand for meat, traders said. CME April live cattle futures settled up 0.325 cent at 119.35 cents/lb., […] Read more
File photo of hogs in transit near Red Deer, Alta. (Stefonlinton/iStock/Getty Images)
Hogs, Livestock, Markets

Alberta hog farmers to get set-aside via AgriRecovery

Producers get funds for feeding held-back market hogs

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An AgriRecovery plan announced Friday is set to pay eligible Alberta farmers 95 cents per day per market-ready hog toward the animals’ upkeep during the shutdown of the province’s biggest hog slaughter plant. Olymel, the meat packing arm of Sollio Co-operative, reopened its plant at Red Deer this week after announcing Feb. 15 it would […] Read more
CME April 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures take a breather

April live cattle up, but well down off highs

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures consolidated on Friday as the market caught its breath after pulling back from contract highs reached last week. Strong demand for U.S. pork from China recently supported hog futures, as China is battling the fatal pig disease African swine fever, which increased its need […] Read more
CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Pork export sales rise, profit-taking hits hog futures

Cattle futures down while beef exports up

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended lower on Thursday as profit-taking overshadowed strong U.S. export demand, analysts said. The U.S. Department of Agriculture, in a weekly report, said weekly net U.S. pork export sales were 59,600 tonnes for 2021, up 68 per cent from the prior four-week average. Weekly export […] Read more
Matt and Angela Kumlin move their cow-calf pairs to pasture.
Cattleman’s Corner, Livestock

Ranchers apply new practices summer and winter

High-intensity grazing along with swath grazing boosts overall production, plus how to construct a 3-D fence

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Matt and Angela Kumlin, a young farm couple near Cochrane, Alta., are making major changes to their forage management and winter feeding programs, and they’re seeing beneficial results. They have cattle of their own and take in yearlings for custom grazing in the summer, utilizing different forages in their pasture mix. “Most of our grassland […] Read more
COVID funds fuel consumer spending
Cattleman’s Corner, Livestock, Markets

COVID funds fuel consumer spending

Market Update with Jerry Klassen: The only recession with an increase in disposable income

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During mid-February, Alberta packers were buying fed cattle on a live basis in the range of $150 to $150.50 FOB the feedlot; delivered prices on a dressed basis were quoted in the range of $254 to $255. The fed cattle market has been percolating higher over the past month. Beef production has exceeded earlier expectations […] Read more

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