(File photo)

U.S. Livestock: cattle futures fall after hitting record high

Export sales of beef rose to 20,900 metric tons in the week ended July 13: USDA

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose to all-time highs on Thursday, with signs of strong export demand and good sales on the cash market supporting prices, traders said. But cattle prices closed lower on a round of profit-taking as traders took money off the table ahead of key government supply reports […] Read more

Photo: Canada Beef Inc.

U.S. livestock: CME live cattle firm; remain near recent highs

A lack of fresh fundamental inputs limited the gains

Chicago | Reuters – Chicago Mercantile Exchange live cattle edged higher on Wednesday, with tight U.S. supplies keeping prices near contract highs. A lack of fresh fundamental inputs limited the gains. August live cattle futures LCQ3 settled up 0.05 cent at 181.325 cents per pound, ending just below the contract high of 181.875 cents it set […] Read more


(Photo courtesy Canada Beef Inc.)

US Livestock: live cattle rise on limited US supply, strong cash prices

Analysts suggest high prices, tight supply may drive meatpackers to cut hours

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures extended gains on Tuesday on worries over limited U.S. supplies. Recent strength in cash prices for cattle helped to support futures, analysts said, after ranchers shrank their herds due to drought and high feed costs. Analysts said there is chatter in the market that high […] Read more

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

U.S. livestock: CME August live cattle touch new high

Hogs lower as China books higher pork output

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a new high in the front-month contract on Monday on technical buying and concerns over tightening U.S. supplies, analysts said. August live cattle reached its life-of-contract high of 181.6 cents/lb. before retreating to settle 0.05 cent lower at 180.125 cents/lb. (all figures US$). October […] Read more


CME August 2023 live cattle with 20- and 50-day moving averages and October 2023 live cattle (black line). (Barchart)

U.S. livestock: CME cattle turn higher

Chicago lean hog futures mixed

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned higher on Friday amid a flurry of technical trading, even as beef prices continued to see a seasonal downturn, traders said. Cash cattle market trades this week continued to be down $2-$3 per hundredweight (cwt), traders said (all figures US$). The U.S. Department of […] Read more

Cattle prices encouraging herd expansion

Cattle prices encouraging herd expansion

Market Update: Consumer spending on beef has been strong, but will it continue?

During the third week of June, Alberta packers were buying fed cattle on a dressed basis at $415/cwt delivered. Prices f.o.b the feedlot in southern Alberta were averaging $246/cwt. The U.S cattle herd has been contracting for the past four years. Cattle prices are now functioning to encourage expansion. Wholesale beef prices are also trading […] Read more


CME August 2023 lean hogs with 20- and 50-day moving averages and CME cash lean hog index (black line). (Barchart)

U.S. livestock: CME hog futures gain as pork prices rise

Cattle futures end mixed

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher on Thursday, buoyed by rising wholesale pork prices and firm cash hog values, traders said. The U.S. Department of Agriculture (USDA) quoted the wholesale pork carcass cutout at $110.90 per hundredweight (cwt), up 24 cents from Wednesday, and pork bellies rose $17.08, to […] Read more

 There are 37 acres of annual pasture seeded to two different blends including a cover crop blend that includes, oats, peas, sunn hemp, sunflower, crimson clover, lablab (a forage legume that grows similar to sweet pea), and radish.

All efforts geared toward sustainable beef and crop production

Quebec producer adopts regenerative agriculture practices in a bid ‘to do something different’

Stéphane Guay produces beef and cash crops on his farm in southwest Quebec, but there is so much more happening on this 400-acre regenerative agriculture operation he’s been developing over the past few years. Yes, there are cattle and crops, but they’re just part of a diversified farming operation that includes a wide range of […] Read more


CME August 2023 live cattle with 20- and 50-day moving averages and October 2023 live cattle (black line). (Barchart)

U.S. livestock: CME cattle down off contract highs on profit-taking

Hogs also down off early strength

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned lower on Wednesday on a round of profit-taking after most months climbed to life-of-contract highs, with a seasonal downturn in beef prices adding to bearish sentiment, traders said. Most-active August live cattle futures settled down 1.95 cents at 176.875 cents/lb., retreating after rising to […] Read more

File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)

Alberta lifts feeder loan guarantee limit

Amendment boosts individual limit by 50 per cent

Alberta has boosted the limit on the size of loan available under its Feeder Associations Loan Guarantee program, aiming to help producers keep up against rising livestock prices. An order in council amending the provincial Feeder Associations Guarantee Regulation was approved Monday, raising that program’s individual and joint-membership loan limit to $3 million, from $2 […] Read more