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

U.S. livestock: CME cattle down second day in a row

Chicago lean hogs close firm

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell Thursday on a wave of follow-through selling after contracts posted their first losses in more than a week on Wednesday. Hog futures closed firm but remained below recent peaks. Benchmark CME August live cattle futures settled down 0.95 cent at 172.25 cents/lb. (all figures US$). […] Read more
CME August 2023 feeder cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle weaken off new contract highs

Lean hogs down off highest since mid-May

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures weakened on a technical setback on Wednesday, closing in negative territory after rising to fresh contract highs during the session. Hog futures were also weaker. Benchmark CME August live cattle futures settled down 2.3 cents at 173.2 cents/lb. after posting a fresh contract high of 175.95 […] Read more
(Getty Images)
General, Markets

Ontario extends deadline to lock in RMP coverage

Final date to secure coverage moved to June 30

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Grain and oilseed growers and cattle, hog, sheep and veal producers in Ontario now get until June 30 this year to secure coverage under that province’s Risk Management Program (RMP). The province on May 29 announced the deadlines for grain and oilseed producers to submit their completed RMP applications and make any coverage changes — […] Read more
CME August 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle rally to contract highs

July lean hogs also higher

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures rallied to fresh contract highs on Tuesday, supported by technical buying and strength in the cash market, traders said. Livestock traders did not see any reason to disrupt the recent trend at a time of strong seasonal demand, with traditionally active grilling holidays such as Father’s […] Read more
Hopefully the beef herd remains healthy, but when there is a case of illness or injury getting a proper diagnosis as well as prognosis for recovery will help determine whether treatment is warranted.
Beef Cattle, Cattleman’s Corner, Livestock

To butcher or not to butcher that cow?

Animal Health: Have a proper diagnosis of a sick or downed animal before administering any treatments

By
Which bovine conditions might prevail if butchering the animal to salvage the meat would produce the most practical or successful outcome? We often think of this after the fact when products such as antimicrobials or painkillers have already been administered. That is where the dilemma begins. What is the slaughter withdrawal period if you plan […] Read more
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures rise, hog futures dip

Wholesale pork highest since mid-November

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Chicago | Reuters — Chicago Mercantile Exchange extended their rally on Monday, with strong cash prices and technical buyers pushing the market higher. Live cattle contracts have risen for eight straight sessions and feeder cattle contracts have posted gains for five sessions in a row. But hog futures closed weaker even as pork prices surged […] Read more
Some of the cows enjoy a bite to eat from the homemade bunk feeder.
Cattleman’s Corner, Livestock

Cold, slow start to spring on the farm

Eppich News: Cows have calved and now it’s the mares’ turn to foal

By
Spring was very slow to come this year. The ground was completely snow-covered until Easter. Then suddenly it became spring. The snow melted very quickly. Only the deep drifts around the trees remained. There was not much at all for run-off. Our dugout at home is not even half full. Calving went fairly well this […] Read more
Pasture conditions during the spring and summer always have an affect on beef markets.
Cattleman’s Corner, Livestock, Markets

Positive margins underpin feeder complex

Market Update with Jerry Klassen: As usual, a lot will depend on whether there’s moisture for grass and feed grains

By
During the second week of April, Alberta packers were buying live fed cattle in the range of $229-$230/cwt f.o.b. feedlot in southern Alberta. This is up approximately $7 from mid-April. Breakeven pen closeouts are around $220/cwt. After struggling for nearly three years in a row, feeding margins have finally moved into positive territory. Strength in […] Read more
CME August 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle extend rally on surging cash market

Lean hogs follow firm trend

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended their run of life-of-contract highs on Friday, supported by a jump in cash cattle prices this week along with rising beef prices, traders said. Benchmark CME August live cattle futures settled up 0.525 cent at 172.9 cents/lb. after posting a contract high at 174.25 […] Read more
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle soar as cash prices explode

Lean hog futures mostly lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures surged on Thursday as cash cattle traded as high as US$180/cwt in Texas and Kansas, up to US$9 higher than last week, reflecting strong demand from meat-packers amid rising beef prices and tightening cattle supplies, traders said. CME’s most-active August live cattle futures contract settled […] Read more

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