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Livestock Livestock

Loose-cornstalk residue left in the field for grazing cattle has a different nutritional value than cornstalk bales.
Cattleman’s Corner, Forages, Livestock

Cornstalk bales can have a fit in beef diets

It’s not amazing feed, but with proper testing it can work in winter rations

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A few years ago I was visiting a small cow-calf operation and as I approached the house I noticed that there were rows of snow-covered round bales that literarily looked like baled alligators. The producer told me he baled left-over cornstalks within days of harvesting grain corn, and said that it took a couple of […] Read more
CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle strengthen on demand outlook

Export demand supports hog futures, for now

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Chicago | Reuters — Live cattle futures rose on Tuesday, supported by strong U.S. consumer demand and high wholesale beef prices, traders said. Chicago Mercantile Exchange February live cattle futures added 0.3 cent to 113.175 cents/lb. (all figures US$). CME cattle futures have been steady in recent weeks, recovering from a slump in late October […] Read more
Cattleman’s Corner, Livestock, Markets

Expect volatility in the cattle market

Market Update with Jerry Klassen: High feed barley prices mean a drastic increase in cost per pound of gain

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Alberta feedlots were selling fed cattle at $136 f.o.b. the feedlot in mid-November, which was relatively unchanged from average prices in October. The market has held due to steady demand from south of the border. Alberta packer bids have come in at a $3 to $5 discount to U.S. packers over the past month. Western […] Read more
A backgrounding target is something that is constantly moving, depending on the owner’s long-term plan.
Cattleman’s Corner, Cow-Calf, Livestock

Backgrounding options and considerations

Penchecker Diary: What's the risk level? What’s the end game?

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The term ‘backgrounding,’ while often used in the cattle-feeding industry, provokes a certain level of misunderstanding from farm to farm. Many feedlots and cow-calf producers have zeroed in on its true meaning, while others may practise an imprecise version. Candace Wenzel DVM at Roblin Vet Services in Manitoba says that at times it’s an unfocused […] Read more
CME February 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures gain on strong pork demand

Weak beef exports drag on live cattle futures

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Chicago | Reuters — Lean hog futures gained on Monday as demand for pork keeps pace with strong production, traders said. Chicago Mercantile Exchange’s benchmark February lean hog futures contract settled 1.325 cents higher at 68.575 cents/lb. (all figures US$). “Demand must be good,” said Alan Brugler, president of Brugler Marketing. “Cold storage stocks continue […] Read more
(Diane Kuhl/iStock/Getty Images)
Dairy Cattle, Livestock, Poultry/Eggs

Tighter timeline set for dairy farmers’ trade pact compensation

Feather sector compensation pledged with $691 million in programs

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Compensation to Canada’s supply-managed farmers, to offset domestic market share dealt away in two recent free trade pacts, will now move more quickly to dairy farmers — and will take the form of new programs for feather sectors. Federal Agriculture Minister Marie-Claude Bibeau on Saturday announced $1.405 billion in compensation, as pledged in August last […] Read more
CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures trim as traders weigh weak exports

Lean hogs down with pork export figures

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Chicago | Reuters — Live cattle futures fell on Friday on profit-taking during a shortened holiday-trading day, while less-than-stellar weekly beef exports added pressure to livestock futures overall, traders said. Chicago Mercantile Exchange February live cattle futures fell for the first time in the past five trading sessions, ending the day down 0.925 cent at […] Read more
Beef is on display at a Walmart in Beijing on Sept. 23, 2019. (File photo: Reuters/Tingshu Wang)
Beef Cattle, Livestock, Markets, Reuters

China’s coronavirus testing chokes beef trade

Additional inspections, disinfections costly for importers

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Beijing | Reuters — In a supermarket in downtown Beijing, refrigerator shelves normally filled with steak from around the world sit empty as tougher testing for the novel coronavirus creates supply bottlenecks and raises prices for importers. Fresh supplies of beef won’t arrive for days, a salesman at the Suning.com-owned Carrefour outlet told Reuters — […] Read more

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