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

U.S. livestock: Live cattle firm on strong cash trade

Cattle inventory report due out Tuesday; CME hogs end mixed

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Chicago | Reuters — U.S. live cattle futures firmed on Monday, supported by strengthening cash trade and in anticipation of the U.S. Agriculture Department’s biannual cattle inventory report, due out on Tuesday. “Historically, the cattle inventory report wouldn’t be that big of a market mover. But it is a good check in on where you’re […] Read more
The Tipperary cattle station runs primarily Brahman cattle that can handle high heat and low nutrition fodder in the dry season and humid conditions in the wet. Most are sold to markets in Indonesia and Vietnam.
Beef Cattle, Cattleman’s Corner, Livestock

Producing beef over a million acres

It’s a good year for producing cattle in Australia’s Northern Territory

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There’s no doubt about it — the ongoing increase in beef prices has been a welcome boost to the coffers of the Tipperary Group of cattle stations in Australia’s Northern Territory. However, general manager David Connolly knows he can’t rest on his laurels as the situation could change at any time if market dynamics follow […] Read more
The south-facing solar panels that produce power for the water pump are mounted on the roof of a former grain bin now serving as a well house.
Cattleman’s Corner

Grain bins make for a good well house for livestock watering

Repurposed materials worked well with solar-powered watering system

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Water is an incredibly important part of life. As our drought in west-central Saskatchewan has continued over the last few years, we have had to stretch ourselves a bit and try to find a long-term solution to the water shortage. We’ve dug dugouts in the past, but even with the best dugout, you still rely […] Read more
CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures up off lowest since December 2021

Cattle futures down with cash markets

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Chicago | Reuters — U.S. hog futures rose on Thursday as strength in cash markets and rising export demand sparked a round of bargain buying after prices hit their lowest in more than a year. But weakness in the cash markets weighed on cattle futures. The U.S. Agriculture Department said on Thursday morning that export […] Read more
File photo of a cow grazing near Leader, Sask., about 85 km south of Kindersley. (James_Gabbert/iStock/Getty Images)
Beef Cattle, Pasture, Weather

Saskatchewan holds Crown grazing rents at last year’s levels

Also, leaseholders on drought-downgraded land eligible for rate cut

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Cattle producers leasing Crown land for grazing in Saskatchewan won’t see a rate hike this year and may be eligible for a significant rate cut. The provincial government announced Wednesday it has frozen the rates charged to producers who lease Crown grazing land in 2023 at their 2022 level. The freeze will apply to all […] Read more
CME February 2023 lean hogs with 20- and 50-day moving averages and CME cash lean hog index (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures hit lowest since late 2021

Ballooning supplies an issue; cattle futures mixed

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Chicago | Reuters — Chicago Mercantile Exchange hog futures fell to their lowest in more than a year on Wednesday, with plentiful supplies and weak export demand weighing on prices, traders said. Cattle futures were mixed, with nearby contracts easing while deferred contracts firmed on concerns about low animal weight. February lean hog futures ended […] Read more
CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures firm even as feed prices weigh

Lean hogs end lower, pork packing margins up

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Chicago | Reuters — Chicago Mercantile Exchange livestock futures were mixed on Tuesday as soybean and grain prices firmed, traders said. Live cattle and feeder futures were able to continue Monday’s price bump. But the higher feed prices weighed on the beef market, as did questions over consumer and export demand, StoneX chief commodities economist […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle firm on bargain buying, grain values

Chicago lean hogs end day lower

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Monday amid a spate of bargain buying after a recent slump in prices helped mute market impact of the bearish results of the latest Cattle on Feed report from the U.S. Agriculture Department, traders said. Cattle futures also were boosted by a sharp drop […] Read more
The U.S. beef cow slaughter is projected to reach up to 3.900 million head, up from 2021.
Beef Cattle, Cattleman’s Corner, Markets

Cow-calf producers have opportunity for expansion

Calf prices expected to remain strong for at least two years, and perhaps three

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Throughout the fall, I received many inquiries from cow-calf producers regarding herd expansion. During the latter half of November, good bred cows and higher-quality bred heifers were trading in the range of $1,800-$2,200 in central and southern Alberta. Younger cow-calf pairs were selling in the range of $1,600-$2,100 in the same regions. With current prices […] Read more

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