Beef cattle Archives - Page 134 of 840

CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle rise ahead of bullish data

December lean hogs lower

By GFM Network News, Tom Polansek November 18, 2023

Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures ended higher on Friday as livestock traders adjusted positions in the markets. After the close of trading, the U.S. Department of Agriculture issued monthly data that showed producers placed 3.8 per cent more cattle into feedlots in October than a year earlier,

U.S. beef exporters such as Tyson, Cargill and JBS face a “double whammy” from higher prices and strength in the U.S. dollar.

Markets, News

U.S. reduces beef exports as cattle herd shrinks

Major American meat companies caught in the squeeze

By Tom Polansek November 17, 2023

Reuters – The United States is importing record amounts of beef this year and exporting less after ranchers slashed the nation’s cattle herd to its lowest level in decades. That has tightened margins for meat companies like Tyson Foods. Why it matters: The U.S. and Canada have the same drought-related stresses that pressure national herd

Markets

U.S. livestock: CME cattle sag on weakness in equities, cash cattle market

Futures prices indicate that cash prices in the south may fall further

By GFM Network News, Tom Polansek November 16, 2023

Weakness in equities and the cash cattle market weighed on futures at the Chicago Mercantile Exchange (CME), brokers said. Futures markets rose the previous three days in a turnaround from multi-month lows reached last Friday.

Livestock Markets, Markets

‘Strong demand and dwindling supply’ seen on cattle

More variation is seen in cattle coming to Manitoba markets

By Glen Hallick - MarketsFarm November 16, 2023

Cattle prices remain strong despite the heavy influx of cattle heading to Manitoba’s auction marts during the fall run, according to Allan Munroe of the Killarney Auction Mart. “I think there’s a shortage of market-ready fat cattle. There’s strong demand and dwindling supply,” he said, noting a large number of light cattle are coming in

Ron Kostyshyn is sworn in on Oct. 18, 2023 as Manitoba’s minister for agriculture, with Premier Wab Kinew at left.

News

Kostyshyn back in the saddle as he lays a course on ag file

Provincial Agriculture Minister Ron Kostyshyn discusses what the sector can expect now that he’s back in the role

By Don Norman November 16, 2023

Ron Kostyshyn says rural economic development is critical to the health of agriculture in Manitoba. “We don’t need to be chasing producers away. We need to have more of them involved for the economic development of rural Manitoba,” said Manitoba’s reappointed agriculture minister. Why it matters: Returning to his role as ag minister, which he

Beef cattle, Livestock

U.S. livestock: CME cattle futures extend gains, await U.S. data

Fund liquidation and technical selling seem exhausted after driving live cattle to Friday lows

By GFM Network News, Reuters, Tom Polansek November 15, 2023

U.S. cattle futures extended gains on Wednesday as traders adjusted positions after steep losses last week and ahead of monthly supply data due on Friday.

Comment, Op/Ed

From beyond meat to the return of meat

Climate-based policies frequently ignore consumer preference and economic reality

By Brenda Schoepp November 15, 2023

As I walk by a storefront that once housed the city’s largest ‘plant-based butcher’, the irony hits me. The new sign announces that this will soon open again – as a beef burger cafe. It brings to light the complexity of understanding Canadian consumers and their varying wants and needs. Protein in all sources is

Joe Gardiner of Covers & Co. (left) and Scott Chalmers of the Westman Agricultural Diversification Organization  near Melita.

Crops

Matchmaking intercrops: forage soybean and corn

Residual nitrogen, soil health and extended grazing among the potential benefits being tested with the oddball intercrop

By Gord Leathers November 15, 2023

Glacier FarmMedia – The Westman Agricultural Diversification Organization has done a lot of work with intercrops, from honing the agronomy of more established companions like ‘peaola’ (peas and canola), to trying out new mixes like pulses and flax. A novel trial at the research farm’s site near Melita this year put soybeans amid the corn.

Markets

U.S. livestock: Short-covering boosts CME cattle after recent decline

The U.S. hog market traded sideways on Tuesday

By GFM Network News, Tom Polansek November 14, 2023

Chicago | Reuters — Short-covering lifted Chicago Mercantile Exchange live cattle and feeder futures on Tuesday, analysts said, extending a recovery from springtime lows reached last week. The markets were due to rise after recent fund liquidation and technical selling left the market oversold, analysts said. “The main thing is some short-covering here,” said Austin

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

Beef cattle, Livestock, Markets

Klassen: Cash feeder prices soften on futures market uncertainty

Supplies are higher than expected as consumers reign in spending

By GFM Network News, Jerry Klassen November 14, 2023

The live and feeder cattle futures appear to be incorporating a risk discount due to the uncertainty in demand. Consumers are pulling in the reigns on spending. Interest rates are at 40 year highs and inflation remains elevated. Larger supplies and lower demand results in lower prices.

Daily Network News

Canadian aquaculture should be classed as agriculture, industry groups say

CBOT Weekly: April supply and demand report a ‘nothing burger’

Canada blocks meats, dairy from Greece over foot-and-mouth disease

Beef cattle