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

U.S. livestock: CME live cattle end firm on tight supplies, lower weights

Hogs mixed on weak cash prices, higher cutout

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mostly firm on Friday, underpinned by tight supplies and as harsh winter weather in recent weeks lowered cattle slaughter weights and limited beef production, traders said. Live cattle futures prices remained bound in a recent trading range as cash cattle prices at Plains feedlot […] Read more
On one of the warmer days (above freezing) it was an opportunity to vaccinate the bred heifers with the first scour vaccine so they could have a booster shot before calving. Charlie and Dani ran the head catch and the tailgate and squeeze.
Cattleman’s Corner, Rancher’s Diary

Winter conditions made it difficult to travel

Snow and cold weather for trips to buy bulls and pick up a mini excavator

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November 26 Last Thursday morning it was snowing hard. Michael called to tell us he was worried about Andrea and me trying to take our trailer to the bull sale Montana the next day. We’d have to chain up the truck and trailer to make it over two of the passes. We realized another problem […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs end mixed, cattle mostly lower

Corn's rally put pressure on feeder cattle futures

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mixed on Thursday, with actively traded nearby months down on weak pork prices and dull demand, while deferred contracts rose on expectations for tighter supplies in coming months, traders said. The February hog contract was down for the 10th time in 11 sessions and […] Read more
CME February 2023 lean hogs with 20-day moving average (pink line) and CME cash lean hog index (purple line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs drop as pork cutout sinks to near two-year low

Cattle futures also follow beef values lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday for the ninth time in 10 sessions as weak cash hog prices and lower pork values dragged the market to a fresh three-month low, traders said. Pork packer margins have eroded and the closely followed cash wholesale pork cutout value fell on […] Read more
CME February 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs sink to three-month low on weak pork prices

Live cattle steady to higher

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Tuesday for the eighth time in nine sessions on concerns about pork demand and slumping pork prices, traders said. The actively traded February lean hog contract dropped to a three-month low as packer margins eroded and the pork cutout price slid to the […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market looks upward

Quality of available cattle contributes to volatility

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Western Canadian feeder cattle prices were quite variable. Compared to three weeks ago, Alberta prices were steady to $2/cwt higher while in Saskatchewan, prices were $8-$10/cwt higher on average with lighter-weight cattle jumping as much as $15. For example, in central Alberta, higher-quality 800-lb. steers were trading from $230 to $235 and 600-pounders were valued […] Read more
CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs up off three-month low on bargain buying

Chicago cattle futures also gain

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures bounced from a three-month low on Monday and settled higher for the first time in eight sessions in a technical and bargain-buying rally to start the first full trading week of the year. Cattle futures also gained on improved packer demand following recent weeks of […] Read more
Once the calf hits the ground it is important to make sure the cow has proper nutrition leading up to breeding season.
Cattleman’s Corner, Cow-Calf, Livestock

Get and keep cows ready for rebreeding

A balanced ration needs to include essential mineral mix

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Last year, a record-breaking cold Prairie winter followed by a snowy spring and a shortage of good-quality forage left a lot of overwintered beef cows in dire body condition by the time they calved. Many didn’t recover during the months leading up to the breeding season. As a result, many cows were not prepared to […] Read more
CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs extend slide to three-month low

Cattle also lower; "no urgency in this market right now"

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Chicago | Reuters — CME lean hog futures sank to a three-month low and closed weaker for the seventh consecutive session on Friday on concerns about weak demand, brokers said. An increase in hog weights also hung over the market, after recent winter storms delayed processing and backed up livestock on farms, brokers said. Pork […] Read more
Beef supplies will tighten by mid-2023 
Beef Cattle, Cattleman’s Corner, Markets

Beef supplies will tighten by mid-2023 

Market Update with Jerry Klassen: Feeder cattle market will function to encourage expansion

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Western Canadian feeder cattle prices trended lower throughout the fall. During late August and the first half of September, higher-quality yearlings in Manitoba weighing 850 pounds were trading in the range of $255-$260/cwt. In early December, replacement cattle of similar quality in the same region were quoted at $240. Calves had a similar trend, dropping […] Read more

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