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Tag Archives cattle herd

CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures ease off contract highs

Chicago lean hog values retreat

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed lower on Wednesday as traders booked profits, one day after the benchmark April contract set a life-of-contract high and the U.S. Agriculture Department reported a three per cent year-on-year drop in the size of the U.S. cattle herd. CME April live cattle […] Read more
(File photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets, Reuters, Weather

Prairies’ dry weather may stem U.S. cattle stampede north

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Winnipeg | Reuters — Parched pastures and crops in Western Canada are driving up cattle-feeding costs, and farmers and analysts expect the changing economics to stem a recent stampede of U.S. cattle being brought over the border. Canada imported 65,035 head of cattle from the U.S. from January through June, nearly double the pace of […] Read more
(USDA.gov via Flickr)
Beef Cattle, Livestock, Markets, Reuters

Southern Plains drought slows U.S. cattle herd growth

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Chicago | Reuters — Encroaching drought in the U.S. southern Plains contributed to the smallest rise in the nation’s cattle population in three years, analysts said after the government’s semi-annual cattle inventory report on Wednesday. Insufficient moisture in parts of Texas and Oklahoma, along with areas of persistent dryness in the northern Plains, hurt winter […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock

Canada books bigger beef cattle herd

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New estimates from Statistics Canada show the country’s cattle producers hanging onto more breeding stock and holding more calves as of July 1 compared to the same date last year. StatsCan’s livestock estimates as of July 1, released Thursday, showed 13.2 million cattle on Canadian farms as of July 1, up 1.3 per cent from […] Read more
(USDA.gov via Flickr)
Beef Cattle, Livestock, Markets, Reuters

Cattle placed in U.S. feedlots in January dip from last year

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Chicago | Reuters — The number of cattle moved into U.S. feedlots in January slipped one per cent from last year, according to a government report on Friday, nearly matching average industry forecasts. Feedlots were cautious about buying calves, or feeder, cattle while struggling to recoup 14 straight months of lost profits, partly blamed on […] Read more

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