Daily Network News

More News →

Tag Archives cattle

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

U.S. livestock: June live cattle limit up on soaring beef prices

Large supplies of hogs, cattle still loom over futures

By
Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday, with nearby contracts rising the daily maximum, as surging wholesale beef prices and expectations U.S. beef and pork production would drop spurred speculative buying, traders said. Chicago Mercantile Exchange (CME) June live cattle futures settled up 4.5 cents, the expanded daily limit, at […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

Trump asks U.S. Justice Department to look into meat price disparities

By ,
Washington | Reuters — U.S. President Donald Trump said on Wednesday he had urged the Justice Department to look into allegations that the meatpacking industry broke antitrust law because the price that slaughterhouses pay farmers for animals had dropped even as meat prices rose. “I’ve asked the Justice Department to look into it. … I’ve […] Read more
COVID-19 aid ‘falls short,’ farm groups warn
General, Markets

COVID-19 aid ‘falls short,’ farm groups warn

Aid package includes AgriRecovery for cattle, hog sectors

By
Ottawa — Despite Prime Minister Justin Trudeau saying more money will be provided if needed, the agriculture sector continues to criticize Ottawa’s $252 million in COVID-19-related financial aid offered to producers and processors. “If we have to add more, we will,” said Trudeau, after announcing new funding and programming. The federal government is offering an […] Read more
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs slide after three days of gains

"The workers are spooked to come to work"

By
Chicago | Reuters — U.S. cattle and hog futures retreated on Tuesday in a profit-taking setback after three sessions of gains that were fueled by rising meat prices and concerns about meat shortages as several packing plants have closed due to coronavirus infections among workers. Benchmark June lean hog futures corrected after gaining nearly 18 […] Read more
Cattleman’s Corner, Cow-Calf, Livestock

The economists are right

Knowing your cost of production really does make a difference

By
As I write this article we are amid coronavirus and a limit-down cattle market for several days in a row. For the record, I am not admitting the economists were right about this event. But as I am redoing our yearly plan, reassessing our risk strategies and adjusting costs on the fly, I have to […] Read more
(File photo by Dave Bedard)
Beef Cattle, Livestock

Cargill’s High River plant reopens with two slaughter shifts

Cutting line to resume Wednesday

By ,
Cargill’s southern Alberta beef packing plant, estimated to be responsible for over a third of Canada’s beef processing capacity, restarted Monday after a two-week COVID-19-related shutdown — but at a quicker pace than previously expected. The company said in a statement Monday it is resuming operations at the High River plant “with two shifts” in […] Read more
CME August 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures inch up as plants reopen

Rising wholesale prices support futures

By
Chicago | Reuters — U.S. lean hog and live cattle futures closed higher on Monday, as meat processing facilities began to open after closures of more than 20 plants due to coronavirus illnesses among workers. Rising pork and beef cutout prices have also helped give futures a boost on Monday, said Mark Schultz, chief analyst […] Read more
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures climb with wholesale meat prices

About 20 North American meat plants offline

By
Chicago | Reuters — U.S. live cattle futures closed higher on Friday after touching a three-week top, buoyed by firm cash cattle values and surging wholesale beef prices as labor shortages slow the U.S. slaughter pace, traders said. New-month buying by speculators may have also lent support, they said. Chicago Mercantile Exchange June live cattle […] Read more
The cost of pregnancy and depreciation of an animal are two costs people often don’t value enough, says one Montana cattle producer.
Cattleman’s Corner, Cow-Calf, Livestock

Breeding strategies might break the accepted mould

Think about what you're trying to achieve and the best way to get there

By
A change in direction for a cow-calf producer’s operation is sometimes required for a wide range of reasons from market shifts to personal finances. To modify breeding strategies or reproductive timelines and tactics, several decisions need to be made. Billy Whitehurst, owner and operator of Makale Livestock in Whitehall, Montana, has been in the cattle […] Read more

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for April 10, 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →