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Beef cattle

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Lower beef production forecasts support feeder complex

Major feedlots seen aggressive on quality calves

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Compared to last week, western Canadian yearling markets traded $2-$4 on either side of unchanged. Calf markets were steady to $5 higher on average, with stronger buying interest on preconditioned weaned steer calves. Light calves weighing under 500 lbs. appeared to jump $10-$20 in certain regions. This past week, focus of finishing feedlots switched from
CME October 2023 feeder cattle with 20- and 50-day moving averages and most-active November 2023 feeder cattle (black line). (Barchart)
Livestock, Markets

U.S. livestock: CME feeder cattle dip to three-week low

Live cattle also drop, hogs mixed ahead of USDA report

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Chicago | Reuters — Chart-based and fund selling dragged Chicago Mercantile Exchange live cattle futures to their lowest level in more than a week on Tuesday while feeder cattle hit a three-week low, traders said. Most-active lean hog futures also came under pressure. Steep losses on Wall Street set a negative tone for cattle futures,
 photo: faye fossay/
istock/getty images
Forages, Livestock

For cattle producers, the time to attack Canada thistle is now

A herbicide application after a hard frost can hit the noxious weed where it lives

By
Of all the weeds beef producers should focus on, Canada thistle is high on the list. Livestock avoid the prickly plant and it’s estimated to cost Canadian ag and forestry $7.5 billion in lost revenue annually. Fall control on pasture might be one of the most effective tools in stopping growth of the weed, said one industry
CME December 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle slip, but stay near recent highs

December hogs up off three-week low

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Monday as the market pulled back slightly from life-of-contract highs set last week. The markets remain near their peaks as tight U.S. cattle supplies continue to fuel supply concerns. CME October live cattle futures settled 0.1 cent down at 186.975 cents/lb.,
(Scott Bauer photo courtesy ARS/USDA)
Livestock

Funding set to improve Ontario deadstock removal, disposal

Application intake open as of Sept. 21

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Ontario’s livestock producers could see more and improved options for pickup and sustainable disposal of deadstock through a new federal/provincial program now on offer. The Ontario and federal governments on Thursday opened the intake for applications under what they’re calling the Increasing Deadstock Capacity Initiative, budgeted for $1.5 million over two years. The program, to
CME December 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle up on bargain-buying, tight supplies

Hogs down in profit-taking

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Friday on tight U.S. cattle supplies and bargain-buying a day after the benchmark December contract hit a one-week low, traders said. CME October live cattle futures settled up 2.1 cents at 187.075 cents/lb. and most-active December ended up 1.85 cents
“We haven’t just said, ‘we’re not going to support you implementing this.’ We’ve said, ‘We are going to oppose you and we are opposing you.’” – John Masswohl, Canadian Cattle Association
News

Meat lobby fights feds on ‘bad deal’

U.K. using non-tariff trade barriers to block Canadian meat, say key meat groups

By
A trio of Canadian meat associations is protesting what they call a bad trade deal in advance of the United Kingdom’s acceptance into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The recently launched “Say no to a bad deal” campaign implores the federal government to delay its acceptance of the U.K. until a
CME December 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: December hogs limit-down on pork prices, macroeconomic fears

Cattle futures follow hogs, equities lower

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Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange tumbled on Thursday as a drop in wholesale pork prices coupled with worries about the global economy sparked a round of profit-taking, analysts said. Livestock futures, grains and Wall Street equity markets all declined on Thursday as the U.S. dollar set a six-month
Slaughter cattle prices dip ahead of fall run
Livestock Markets, Markets

Slaughter cattle prices dip ahead of fall run

Cow prices expected to drop, but feeder cattle and calves more hopeful

By
Kirk Kiesman of the Ashern Auction Mart hopes cattle prices will not slide when numbers at auction increase as Manitoba’s fall calf run gets underway. “There’s a shortage of cattle in North America with the number at record lows,” said Kiesman. “I’m hoping prices remain strong, definitely on the feeder cattle and calves. The cows,
CME December 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle end firm, consolidate below recent highs

Hogs up on discount to cash price index

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday as the market consolidated just below life-of-contract highs touched a day earlier. Tightening U.S. cattle supplies remain a supportive backdrop to the market, but fresh bullish news was lacking, traders said. Wholesale beef prices fell, extending a seasonal slide dating from

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