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CME December 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle edge higher in subdued trade

Chicago hogs end mixed

By ,
Chicago | Reuters — U.S. live cattle futures closed higher on Friday for a fourth straight session, supported by follow-through technical buying after Thursday’s strong close and brisk demand for beef, analysts said. But trading volume was thin as brokers waited for significant cash cattle trade to emerge. Fat cattle traded lightly in the southern […] Read more
(JBSsa.com)
Beef Cattle, Livestock, Markets, Reuters

JBS to seek damages from founders

Brazil shareholder vote a win for Brazil's BNDES

By
Sao Paulo | Reuters — Shareholders in JBS SA on Friday cleared the way for the Brazilian food processor to sue its own controlling stakeholders and certain former managers, a rare victory for shareholder activism in Latin America’s largest economy. The vote was a win for JBS’s top minority shareholder, national development bank BNDES, which […] Read more
CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures jump on tightening supplies

Lower wholesale pork values drag on hogs

By ,
Chicago | Reuters — U.S. live cattle futures closed higher on Thursday on expectations that tight cattle supplies and rising demand for beef will buoy cash cattle markets, analysts said. Cash cattle traded lightly in the southern Plains this week at $106/cwt, the U.S. Department of Agriculture reported, even with last week (all figures US$). […] Read more
File photo of gray wolves howling in British Columbia. (Pac9012/iStock/Getty Images)
Livestock, Reuters

U.S. lifts federal protections for gray wolf

By
Reuters — The Trump administration in the U.S. said Thursday said it will lift Endangered Species Act protections for the gray wolf, arguing the species had been brought back successfully from the brink of extinction. The move gives states in the continuous United States the authority to manage their local wolf populations, including by allowing […] Read more
CME December 2020 lean hogs, with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs fall on declining wholesale pork prices

Steady beef demand lifts cattle futures

By ,
Chicago | Reuters — U.S. lean hog futures fell on Wednesday on weaker wholesale pork prices, while cattle futures advanced on steady beef demand, traders said. The U.S. pork cutout, an indication of wholesale pork prices, fell by $4.31, to $84.52/cwt, according to the U.S. Department of Agriculture (all figures US$). Prices eased for pork […] Read more
CME December 2020 live cattle with Bollinger bands (20,2) and 100-day moving average (brown line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle rebound as trade adjusts to supply shock

Hogs lower, cash market supportive

By
Chicago | Reuters — U.S. live cattle futures rebounded on Tuesday, as packers kept processing at a higher-than-usual pace, despite a bearish Cattle on Feed report, traders said. Meanwhile, hog futures eased slightly on Tuesday, as falling cutout prices have carved into packer margins, traders said. CME December live cattle futures gained 0.65 cent to […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market grinds lower

'Is there no grain in this country?'

By ,
Compared to last week, prices for western Canadian yearlings weighing over 900 lbs. were down $4-$8 on average; yearlings weighing between 800-900 lbs. were down $2-$4; calves under 800 lbs. were down $8-$12, with the exception of Manitoba, where lighter calves traded $3-$5 below week-ago levels. Feedlot operators are asking, is there no grain in […] Read more
It is important to figure out the economics of backgrounding 
calves for your operation.
Cattleman’s Corner, Cow-Calf, Livestock

Backgrounding calves is an option

Important to look at the economics to make sure

By
Recently, I asked a local beef producer of a 200-head cow herd what she planned to do with her spring calves after they were weaned. She said that in late October, her son brings all cows and calves home from pasture, weans them, retains two dozen replacement heifers and trucks the rest to a feedlot […] Read more
CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle hit lowest price since June under supply pressure

December lean hogs close up off recent low

By
Chicago | Reuters — U.S. live cattle futures fell on Monday, with the most-active contract touching its lowest price since June under pressure from a larger-than-expected number of cattle on feed in the United States, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 11.7 […] Read more

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