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

U.S. livestock: Hog futures rise on supply woes

CME cattle contracts ease

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Chicago | Reuters — U.S. hog futures rallied on Monday, with supply expected to tighten after another slaughterhouse was shut down due to the coronavirus pandemic, traders said. “If we have packers up and running we know we have the domestic demand,” said Ted Seifried, chief market strategist for Zaner Ag Hedge. “It is just […] Read more
(File photo by Dave Bedard)
Beef Cattle, Livestock, Markets, Reuters

Cargill to temporarily idle High River beef plant

Packing plant hit by COVID-19 outbreak; another 67 cases linked to JBS plant

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Reuters — Cargill Ltd. said Monday it had begun the process of temporarily idling its beef plant at High River, Alta. because of the COVID-19 outbreak as provincial health officials said hundreds of workers at the plant had become infected. In her daily media update, Alberta chief medical officer Deena Hinshaw said a total of […] Read more
CME May 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle mixed on hopes of economic reopening

'We're producing too many pigs for our demand'

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Chicago | Reuters — U.S. live and feeder cattle futures ended mixed on Friday, with nearby contracts pressured by coronavirus-related disruptions at packing plants, while hopes for a reopening of the economy lifted deferred contracts. Actively traded June live cattle ended higher on the week, for a second straight week, after seven consecutive weeks of […] Read more
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rebound to one-week high

Lean hog trade remains focused on plant shutdowns

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Chicago | Reuters — U.S. live and feeder cattle futures jumped to one-week highs on Thursday as the markets extended rebounds after diving recently on concerns about the new coronavirus backing up livestock on farms. Hog futures remained under pressure from disruptions caused by the virus, which has shut pork processing plants run by Smithfield […] Read more
CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures recover

Cargill cuts more beef shifts, Smithfield shuts more pork plants

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Chicago | Reuters — U.S. cattle and hog futures advanced on Wednesday as the markets recovered slightly from recent losses that traders said had dropped prices too far below the cash markets. Futures prices have tumbled recently as major meat companies have shut slaughterhouses due to the spread of the new coronavirus among employees. The […] Read more
All these yearling Simmental bulls look pretty good. How do you know which will work the best for your beef operation?
Beef Cattle, Cattleman’s Corner, Livestock

Contractors can help to fill the bull roster

Experts have the contacts and understand the terminology

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It’s a tried-and-true saying: “Plan for a healthy calf per every reproducing-age female each year.” But that strategy may at times demand that to get all females covered at breeding season, it becomes necessary to purchase bull power. For some cow-calf producers this can be a time- and energy-consuming task for which they are ill-prepared, […] Read more
(MartineDoucet/E+/Getty Images)
Beef Cattle, Dairy Cattle, Livestock, Markets

Beef Farmers of Ontario ask for curb on cull sales

BFO concerned over processing 'backlogs'

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Updated, April 15 — Ontario’s cattle producer organization is asking members to consider delaying sales of cull cows until market conditions “normalize.” Beef Farmers of Ontario’s board on Thursday published a memo to beef and dairy cattle producers, asking them to help “prevent a further surge in cull cows in the market” — especially of […] Read more
(iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: June hogs, cattle plunge limit down

COVID-19 shuts more U.S. meat processors

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Chicago | Reuters — U.S. livestock futures tumbled on Monday on worries about declining U.S. meat processing capacity after Smithfield Foods announced Sunday it would indefinitely shut one of its pork plants due to novel coronavirus infections among workers. The closure at Sioux Falls, S.D., affecting four to five per cent of U.S. pork production, […] Read more
(File photo by Dave Bedard)
Beef Cattle, Livestock

Cargill halts second shift at High River beef plant

'Additional safety measures' also in place, company says

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Cargill is temporarily idling its second shift at one of Canada’s biggest beef packing plants to “minimize the impact” of the COVID-19 coronavirus. The company announced Monday it would reduce shifts at its High River, Alta. beef plant, about 40 km south of Calgary, effective that day and until further notice. “Our goal is to […] Read more

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