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Haying season gets underway, a tribute to a great-granddaughter
Cattleman’s Corner, Rancher’s Diary

Haying season gets underway, a tribute to a great-granddaughter

Warranty was applied to replace a bull bought last year

By
June 20 Two weeks ago, after the doctor here checked Dani’s baby, they were sent to Community Hospital in Missoula to be checked and monitored overnight (see ‘Tribute’ at bottom). Ammarie was doing better by next day so Andrea brought them home. Later that week we had a vet look at Barney, our new bull. […] Read more
CME October 2023 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle up on consumer demand, tight supplies

Labour Day weekend demand also lifts hogs

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures gained on Monday, supported by consumer demand and continued tightening of available cattle, analysts said. “I think we probably did get a little help here from retail movement over the last week,” said Alan Brugler, president of Brugler Marketing, noting the Labour Day holiday is […] Read more
Beef cattle bunching
Cattleman’s Corner, Columns

Delivering a knockout punch to pinkeye

There are several tools that help reduce the risk of disease outbreak

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Summer is not over and the pastures are full of flies, so when I drive down the highway and see cattle bunched up in a pasture, they are either trying to get away from the heat or from these annoying pests. One of the most notorious pests is the face fly, the leading culprit for […] Read more
CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle gain as heat impacts producers

Seasonal pressures drag on hog futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Friday as processors looked to incentivize market-ready cattle movement while producers struggled against high temperatures on the U.S. Plains, analysts said. “We saw packers willing to pay up to keep stuff moving. With the hot weather, you had probably reduced performance and a […] Read more
CME October 2023 live cattle with 20-day moving average (pink line, right index) and CME October 2023 feeder cattle (dark red line, left index). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle up on cash optimism, heat risk

Lean hogs also up on strong pork prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Thursday, supported by concerns about heat stress in the U.S. Plains, as well as optimism in the cash cattle market, analysts said. “The cash outlook seems pretty firm,” said Doug Houghton, technical analyst at Brock Capital Management. ” I think there’s some support […] Read more
Retail beef prices continue to hold value near historical highs while restaurant spending has exceeded expectations.
Beef Cattle, Cattleman’s Corner, Markets

U.S. cattle herd continues to contract

Market Update with Jerry Klassen: Expect one more year of high calf prices before expansion begins

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Alberta fed cattle prices softened in July due to an increase in market-ready supplies and weaker wholesale beef prices. During the first week of August, Alberta packers were buying fed cattle in southern Alberta at $235/cwt fob the feedlot. This is down from the mid-June record high of $246/cwt. At the same time, wholesale choice […] Read more
Photo: ARS/USDA
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs dip as seasonal pressures mount

Live cattle futures eased slightly as cash trade remains light

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell for a third session on Wednesday, as seasonal pressure mixed with weaker pork prices, analysts said. “This time of year for October hogs, it’s tough to know which direction to go in,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc, noting […] Read more
CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters, Weather

U.S. livestock: CME live cattle ease, heat impacts in focus

Seasonal hog supplies pressure futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after two sessions higher, as traders watch to see the impact of sweltering temperatures on slaughter-ready cattle, analysts said. “The heat does hurt the weights. That’s been an issue for a lot of the south, for a lot of the summer,” said […] Read more
CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle climb on fewer feedlot placements

Lean hog futures down with cash prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed for a second session on Monday, supported by a bigger-than-expected drop in cattle placements in July, reported after market close on Friday. “In terms of slaughter ready cattle, we’re still relatively tight,” said Austin Schroeder, analyst at Brugler Marketing. In the U.S. Department of […] Read more
CME October 2023 live cattle with 10-, 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle recover from six-week low

U.S. cattle-on-feed data seen as supportive

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday after dropping to a six-week low, as traders adjusted positions before a government report showed lower-than-expected placements in U.S. feedlots last month. The data, which the U.S. Department of Agriculture (USDA) issued after trading ended, should further support cattle futures next […] Read more

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