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(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Early-week cash prices buoy CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Wednesday, lifted by initial prices for market-ready, or cash, cattle and short-covering after recent market losses, traders said. Thinly traded June futures, which will expire on Friday, led advances. Some investors bought that contract and simultaneously sold deferred months in a trading strategy […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Weaker corn, barley prices support feeder market

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Western Canadian yearling prices traded $3 to as much as $8 above week-ago levels while calves were steady to $2 higher. Alberta packers were buying fed cattle in the range of $140-$143, unchanged from week-ago levels; however, a fortuitous $5 bounce in the U.S. fed cattle market bolstered buying enthusiasm for replacements. Feeder cattle futures […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Short-covering boosts CME live cattle

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday after short-covering and fund buying reversed the previous session’s losses, said traders. In a trading strategy known as bull spreads, traders bought June and simultaneously sold deferred months, stirred by firmer wholesale beef values and future’s discount to expected cash prices […] Read more
The Libra TMR system allows for easier mixing of feed rations and can also be used to record the amount fed.
Machinery

Agrimatics’ feed wagon management solution

This new system uses a mobile device to help 
prepare and track feed rations

By
Feedlot operators looking for an easier way to load and keep track of feed rations will likely appreciate the new Libra TMR system from Saskatoon-based Agrimatics. “We launched it in February,” explained Jasmine Brodziak, Agrimatics marketing director. “Basically, it comes from a product we’ve had on the market for about four years, which is called […] Read more
(Canada Beef Inc. photo)
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Barley prices rising for northern Alberta feedlots

By
CNS Canada — While feed barley prices are holding steady in the Lethbridge area, further north around Edmonton, prices are starting to climb. “We’re starting to see already just difficulty with loading here and there and buyers getting caught off-guard with not getting barley coming in when they needed it to happen. And that’s spurring […] Read more
(Canada Beef Inc. photo)
Finishers, Livestock, Markets

Klassen: Feeder markets experience lacklustre trade

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Western Canadian feeder cattle prices were relatively unchanged from week-ago levels as extremely cold temperatures hinder market activity. Most auction barns reported small groups of various quality cattle on offer, which made the market hard to define. In the major markets of Alberta such as Lethbridge, there were very few yearlings available. This forced major […] Read more

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