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Livestock Livestock

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle up on cash market strength

Lean hog weights 'coming down a little bit'

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Monday, as the cash market strengthened and packers looked to pickup slaughter rates, brokers said. Feeder cattle also gained, while lean hog futures added as producers looked to offload market-weight animals early to reduce feed costs. CME October live cattle added 0.7 cent […] Read more
Even as conditions dried out in April, the cover crops hung in to provide feed and weight gain on yearlings.
Cattleman’s Corner, Livestock

Cover crops fit in SE Australia

Report from Down Under: Warm-season crops produced excellent gains on grass-fed beef

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With rain forecast for the next four days (in early May 2020) I take pen to paper to write about cover crops in southeast Australia. Seeding is well underway for these crops along with cereals, pulses, legumes, forages and others. The rain we are receiving across a wide swath of this part of the country […] Read more
(File photo by Dave Bedard)
Hogs, Livestock

Union seeks temporary halt for major Manitoba hog plant

Four Maple Leaf plant staff now COVID-positive

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The union for about 2,000 workers at Maple Leaf Foods’ main Canadian hog slaughter and packing plant is calling for the company to put the brakes on production, pending further tests for COVID-19 among employees. United Food and Commercial Workers (UFCW) Local 832 said Thursday it was “made aware” late Wednesday night of three more […] Read more
CME October 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures steady as investors eye supplies

October lean hogs close higher

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Chicago | Reuters — U.S. cattle futures steadied on Wednesday, with investors unwilling to push the market above recent highs due to plentiful supplies. Some producer hedging also was noted, traders said. “Everybody is a little too bulled up,” said Larry Hicks at Cattlehedging.com. “Everybody thinks we have worked through the supplies and we have […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures close higher on strong export data

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Chicago | Reuters – U.S. live cattle futures closed higher on Thursday for a third straight day, buoyed by strong weekly beef export sales and signs of firming cash cattle prices, traders said. Chicago Mercantile Exchange (CME) August live cattle futures settled up 0.275 cent at 101.725 cents per pound while most-active October rose 0.700 […] Read more

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