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File photo of cattle on pasture northeast of Calgary. (James_Gabbert/iStock/Getty Images)
Livestock

Report aims to show animal agriculture’s interconnections

CAPI hopes to broaden policymakers' perspective

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A new report for the Canadian Agri-Food Policy Institute seeks to educate policymakers about the impact of animal agriculture on economic, social and environmental levels. The report, titled Forces Impacting Animal Agriculture In Canada: A Synthesis, delves into the issues surrounding cattle, dairy and poultry production in the country and how it is interconnected within […] Read more
As many cattle come home from summer pasture with poor mineral status, it is important they receive the proper vitamins and minerals during the winter feeding.
Beef Cattle, Cattleman’s Corner

Minerals take centre stage in winter ration for beef cows

Prepare a well-balanced blend and make sure they eat it

By
As a beef nutritionist, I take a practical approach to formulating overwinter cattle minerals: complement macro-minerals of a nearly all-forage gestating cow diet, meet the gestation cows’ trace mineral and vitamin requirements and put it into a package that most cows will easily consume at a constant daily rate. In this way, I have done […] Read more
CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle rise ahead of bullish data

December lean hogs lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures ended higher on Friday as livestock traders adjusted positions in the markets. After the close of trading, the U.S. Department of Agriculture issued monthly data that showed producers placed 3.8 per cent more cattle into feedlots in October than a year earlier, […] Read more
File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Cash feeder prices soften on futures market uncertainty

Supplies are higher than expected as consumers reign in spending

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The live and feeder cattle futures appear to be incorporating a risk discount due to the uncertainty in demand. Consumers are pulling in the reigns on spending. Interest rates are at 40 year highs and inflation remains elevated. Larger supplies and lower demand results in lower prices.
JBS signage at Greeley, Colorado. (JBS.com.br)
Livestock, Markets, Reuters

Third-quarter profit plunges for JBS

Low U.S. pork prices, beef margins and global chicken glut cited

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Sao Paulo | Reuters — JBS SA, the world’s biggest meatpacker, reported an 86 per cent drop in third-quarter net income compared to a year ago on Monday, sliding to around 573 million reais (C$166.3 million). Net income was under the LSEG consensus forecast of 724 million reais, and far below the whopping four billion-real […] Read more
CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle up off last week’s sell-off

Lean hog futures also turn higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder futures advanced on Monday in a rebound from recent declines to multi-month lows. Short-covering helped boost the markets, as losses driven by fund liquidation and technical selling last week were overdone, brokers said. The U.S. beef industry still faces tight supplies of cattle, after […] Read more
CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle mixed, feeder cattle firm

Lean hogs up with pork cutout

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended the week mixed on Friday, as traders and analysts said technical and algorithmic trading sent contract prices whipsawing during the session. Feeder cattle futures firmed as Chicago corn futures posted a third straight weekly decline, as grain markets continued to react to a […] Read more
CME December 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle sell-off sends nearby contracts plunging

CME hogs mixed in choppy trade

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Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures fell sharply on Thursday, amid fund liquidation, growing concern over consumer demand and signs of prices falling in the cash market. Traders and funds scrambled to shed some of their long positions, after betting the bull market in cattle futures would continue well into the […] Read more
CME December 2023 live cattle with 20-, 100- and 200-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rally late in session on technical buying

Hogs down on technical selling

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Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures saw a choppy day of trading on Wednesday, before rallying later in the session on short-covering and technical buying, traders said. December live cattle futures dipped below its 200-day moving average of $177.50 before bouncing up (all figures US$). January 2024 feeder cattle futures also […] Read more

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