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CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures up for third straight day

December, February hogs lower

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Chicago | Reuters — CME Group cattle futures rose for a third day in a row on Friday, with the front-month live cattle contract hitting a fresh 4-1/2-year high on strong cash markets and rising slaughter numbers. Hog futures were weaker on technical selling. CME’s most-active February live cattle contract gained 0.45 cent to 137.7 […] Read more
Livestock, Markets, Reuters

U.S. livestock: Cash, export markets lift CME live cattle

December hogs lower, February up

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Chicago | Reuters — CME Group cattle futures rose on Thursday, with the front-month live cattle contract hitting its highest since June 2017 on support from strength in the cash markets. Rising overseas demand also lent support cattle futures after the U.S. Agriculture Department said that weekly beef export sales totaled 30,000 tonnes, the most […] Read more
Cows that were stranded in a flooded barn at Abbotsford, B.C. are rescued on Nov. 16, 2021 by people in boats and on a jet-ski after rainstorms lashed the province, triggering landslides and floods and shutting highways. (Photo: Jennifer Gauthier/Reuters)
General, Reuters, Weather

B.C. calls emergency, expects more deaths from 500-year flood

Some livestock die, more are expected to be euthanized

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Abbotsford | Reuters — The death toll in Canada from massive floods and landslides that devastated parts of British Columbia is set to rise, with the province declaring a state of emergency on Wednesday. Authorities have so far confirmed one death after torrential rains and mudslides destroyed roads and left several mountain towns isolated. At […] Read more
Community members struggle to rescue stranded cattle from an Abbotsford, B.C.-area farm on Nov. 16, 2021 after rainstorms caused flooding and landslides in the region. (Photo: Reuters/Jesse Winter)
Dairy Cattle, Livestock, Reuters, Weather

Small navy of farmers rescues cattle in flood-hit B.C.

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Abbotsford | Reuters — A flotilla of motorboats, canoes, dinghies and jet-skis helmed by farmers raced to move dozens of trapped cows from frigid waters as floods hit British Columbia. After a month’s worth of rain in two days, the downpours triggered widespread flooding. Mudslides hit cities and towns across the province. Among the worst-affected […] Read more
CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle firm, cash cattle supportive

Heavier slaughters weigh on hog futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Monday, supported by tighter supplies of market-ready cattle that propped up cash prices last week, traders said. “In theory, the feedlots have a little more leverage, because there’s fewer cattle available for the packer to buy,” said Alan Brugler, president of Brugler Marketing. […] Read more
CME January 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures mostly lower as corn climbs

Technical buying supports lean hogs

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mostly lower on Friday, pressured by rising corn prices that depressed feeder cattle futures, traders said. But firmer cash cattle prices this week underpinned the market. CME January feeder cattle futures fell 1.35 cents to end at 157.725 cents/lb., sagging as Chicago Board of […] Read more
A Western blot analysis, used to detect specific proteins in tissue samples, is used to confirm BSE in cattle. (Peggy Greb photo courtesy ARS/USDA)
Beef Cattle, Livestock, Markets, Reuters

Brazil plays down BSE risk in suspect cases in people

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Sao Paulo/Rio de Janeiro | Reuters — Brazil’s agriculture ministry said that two cases reported on Thursday of a neurodegenerative disorder in patients in Rio de Janeiro state were not related to beef consumption, tamping down fears of possible BSE causing human illness. Federal biomedical institute Fiocruz, which is investigating the possibility of bovine spongiform […] Read more

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