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Winter feeding bison on top of a patch of foxtail barley has been an effective way for Jacques Saquet to control the weed.
Cattleman’s Corner

Applying management to pasture weed control

Maintaining a healthy forage stand is best defence against weeds

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Peter Tokar and Jacques Saquet are two Manitoba livestock producers who have applied changes in management practices to help control some particularly difficult pasture weed infestations. Tokar, who owns a mixed farm — primarily a beef cow-calf operation — near Swan River in west-central Manitoba, deals with patches of burdock on his pastures. Saquet, who […] Read more
CME November 2023 feeder cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle slump to lowest in over a month

December live cattle down, hogs up

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Chicago | Reuters — Feeder cattle futures slid to their lowest level in more than a month at the Chicago Mercantile Exchange on Wednesday, while live cattle futures neared a two-week low. Fund liquidation and technical selling pushed down prices, brokers said. Some market participants booked profits before the end of the month and quarter, […] Read more
CME October 2023 feeder cattle with 20- and 50-day moving averages and most-active November 2023 feeder cattle (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle dip to three-week low

Live cattle also drop, hogs mixed ahead of USDA report

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Chicago | Reuters — Chart-based and fund selling dragged Chicago Mercantile Exchange live cattle futures to their lowest level in more than a week on Tuesday while feeder cattle hit a three-week low, traders said. Most-active lean hog futures also came under pressure. Steep losses on Wall Street set a negative tone for cattle futures, […] Read more
CME December 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle slip, but stay near recent highs

December hogs up off three-week low

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Monday as the market pulled back slightly from life-of-contract highs set last week. The markets remain near their peaks as tight U.S. cattle supplies continue to fuel supply concerns. CME October live cattle futures settled 0.1 cent down at 186.975 cents/lb., […] Read more
CME December 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle up on bargain-buying, tight supplies

Hogs down in profit-taking

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Friday on tight U.S. cattle supplies and bargain-buying a day after the benchmark December contract hit a one-week low, traders said. CME October live cattle futures settled up 2.1 cents at 187.075 cents/lb. and most-active December ended up 1.85 cents […] Read more
CME December 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: December hogs limit-down on pork prices, macroeconomic fears

Cattle futures follow hogs, equities lower

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Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange tumbled on Thursday as a drop in wholesale pork prices coupled with worries about the global economy sparked a round of profit-taking, analysts said. Livestock futures, grains and Wall Street equity markets all declined on Thursday as the U.S. dollar set a six-month […] Read more
CME December 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle end firm, consolidate below recent highs

Hogs up on discount to cash price index

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday as the market consolidated just below life-of-contract highs touched a day earlier. Tightening U.S. cattle supplies remain a supportive backdrop to the market, but fresh bullish news was lacking, traders said. Wholesale beef prices fell, extending a seasonal slide dating from […] Read more
The largest factor influencing beef demand is consumer spending.
Beef Cattle, Cattleman’s Corner, Markets

Consumer spending calls the shots on cattle prices

Market Update: History shows U.S. cow-calf producers need one year of historical high prices to trigger large-scale herd expansion

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U.S. and Canadian cattle prices have been trading near historical highs over the past couple of months. Feedlot margins have been hovering in positive territory throughout the summer. Demand for yearlings and calves has been unprecedented as finishing operators reload for another round of feeding. After consecutive years of financial struggles and drought, cattle producers […] Read more
CME October 2023 lean hogs with 10-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Chicago hogs turn upward

Cattle futures down on day

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Chicago Mercantile Exchange (CME) lean hog futures turned solidly upward Tuesday, a day after most trading months except October booked declines. October lean hogs closed Tuesday at 84.85 cents/lb., up 1.6 cents from Monday, while December closed at 76.25 cents, up 1.825 cents on the day (all figures US$). October hogs had dipped below 82 […] Read more
CME October 2023 live cattle, with December 2023 live cattle (dark red O/H/L/C). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle touch contract highs on cash prices, tight supplies

Lean hogs mixed in technical trading

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures scaled to life-of-contract highs on Friday on firmer cash market prices and tight supplies of market-ready animals, traders said. Feeder cattle futures also posted contract highs across the board, drawing additional support from weaker feed corn prices. Feedlot cattle in the central and southern U.S. […] Read more

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