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Beef cattle

CME August 2023 live cattle with 20- and 50-day moving averages and October 2023 live cattle (black line). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle down off contract highs on profit-taking

Hogs also down off early strength

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned lower on Wednesday on a round of profit-taking after most months climbed to life-of-contract highs, with a seasonal downturn in beef prices adding to bearish sentiment, traders said. Most-active August live cattle futures settled down 1.95 cents at 176.875 cents/lb., retreating after rising to
JBS signage at Greeley, Colorado. (JBS.com.br)
Livestock, Markets

Brazil’s JBS reboots plan to list shares in New York

International meat packer hopes for access to lower-cost capital

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Sao Paulo | Reuters — JBS SA, the world’s largest meat packer, on Wednesday proposed listing its shares in New York, hoping the move will bring its multiples closer to peers and that a broader investor base will give it more access to cheaper capital, sending its shares up eight per cent in mid-morning trade.
Many livestock producers are looking for digestibility, palatability and improved animal health.
Crops, Livestock

Charting the return of silage hybrids

Many producers want a broader range of attributes for corn

By
Glacier FarmMedia – When assessing value in a corn crop, producers’ needs vary according to end uses. It’s been 25 years since genetically modified hybrids became the norm and some in the seed trade say dual hybrids serve grain and feed sectors equally well. However, livestock producers seek better digestibility, efficient feed use and palatability
File photo of beluga whales in Hudson Bay off Churchill, Manitoba. (Lynn_Bystrom/iStock/Getty Images)
Weather

Prairie Forecast: Large Hudson Bay low dominates

Forecast issued July 12, covering July 12-19

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As the weather models correctly predicted, a large and extremely strong area of low pressure formed over Hudson Bay during the last forecast period, bringing the expected cool and unsettled weather to the eastern half of the Prairies. Over the western half of the Prairies a weak upper-level ridging brought, for the most part, sunny
Northern China drought-wracked
News, Weather

Northern China drought-wracked

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Reuters – About 7.4 million acres of Chinese farmland is suffering from drought, state media agency Xinhua reported June 25 after record-high temperatures hit a large part of the country’s north.  About 200,000 people and 760,000 large livestock do not have access to sufficient water as of the last week of June, Xinhua reported, citing
Cyanobacteria, also known as blue-green algae, can produce toxins that are harmful to livestock, wildlife and people.
Beef cattle, Livestock

Watch for blue-green algae in your livestock water supply

Deadly algae can thrive in livestock water sources during hot spells, but remote watering systems lower the risk significantly

By
In over three decades as a veterinarian, Roy Lewis never saw a cow die from ingesting blue-green algae from an infected water source. But he still says it’s an issue ranchers should watch for. Why it matters: Manitoba has had a hot start to the summer with over two dozen days with daily highs above
File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Beef cattle, Livestock

Alberta lifts feeder loan guarantee limit

Amendment boosts individual limit by 50 per cent

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Alberta has boosted the limit on the size of loan available under its Feeder Associations Loan Guarantee program, aiming to help producers keep up against rising livestock prices. An order in council amending the provincial Feeder Associations Guarantee Regulation was approved Monday, raising that program’s individual and joint-membership loan limit to $3 million, from $2
CME August 2023 lean hogs with 20- and 50-day moving averages and October 2023 lean hogs (black line). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs rally as pork prices rise

August live cattle touch new contract high

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Tuesday, bouncing after a three-session slide as wholesale pork prices rose and cash hog prices firmed, traders said, while tight cattle supplies sent futures to life-of-contract highs. CME August lean hogs settled up 3.4 cents at 97.575 cents/lb., and the October contract
Sporadic rainfall helps some crops, majority of Manitoba soils seen optimal to dry
Crop Report, Crops, Weather

Sporadic rainfall helps some crops, majority of Manitoba soils seen optimal to dry

Manitoba Crop Report: Issue 9 (week 28)

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Overview Crop development has been rapid. Fungicide application in spring wheat for fusarium head blight is complete in most regions. Canola fungicide application continues in areas where disease potential is slightly higher. Corn growth continues to progress quickly and is approaching tasseling. Sunflower fields were mostly in the R2 (early bud) to R3 (early bud
(Geralyn Wichers photo)
Livestock, Markets

Klassen: Feeder market consolidates at historical highs

Higher borrowing costs offset lower feed prices

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For the week ending Saturday, western Canadian yearling steer prices were quoted $2-$4 higher; yearling heifers traded $2 higher to $5 lower. Calves were relatively unchanged although volumes were limited. Larger groups of quality genetics were well bid while second tier cattle were marginally discounted off the highs. Some ranches are liquidating yearlings about one

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