CME October 2023 live cattle with 20- and 100-day moving averages and August 2023 live cattle (dark red line). (Barchart)

U.S. livestock: CME cattle end higher on firm cash values

Hogs settle lower off recent highs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended modestly higher on Monday on follow-though buying from Friday and carry-over strength from last week’s strong cash cattle market. Cash cattle traded late last week as high as $184-$185 per hundredweight (cwt) in northern feedlot areas, traders said, up from sales of around $178-$182




High prices drawing cows to market early

High prices drawing cows to market early

Values remain historically strong at limited sales

Activity may have slowed for the summer at Manitoba’s cattle auction yards, but optimism is high, with strong prices expected when the fall run eventually gets underway. Only a handful of sales took place during the last week of June, with many auctions closed for the season or operating at a reduced schedule. However, prices


CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures turn lower

Current-year hog futures higher

Chicago Mercantile Exchange live cattle and feeder cattle futures took a turn lower in resumed trading Wednesday while near-month hogs turned higher. Most-active August live cattle came back off the U.S. Independence Day break down for a second day off Friday’s three-week high, closing Wednesday at 174.95 cents/lb., down 1.875 cents from Monday (all figures

Grey skies over the Alberta landscape, July 2023. (Geralyn Wichers photo)

Prairie Forecast: Big change in weather pattern

Issued July 5, covering July 5-12

Most people have been saying that June felt like July and the weather statistics agreed. Well, if the weather models are correct, it’s looking like July will feel more like June — at least for the next forecast period. Here is the big picture before we dive into the details for each of the three


Nyssa Guilbert is a student at the Western College of Veterinary Medicine and Guy Hobman Award winner.

The draw of rural vet practice

Faces of Ag: Nyssa Guilbert is the first Manitoban student to receive the Guy Hobman Award

With her love of rural life and penchant for the problem solving needed to treat many types and sizes of animals, Manitoba-born veterinary student Nyssa Guilbert says she hopes to work in a country practice once she graduates. “It’s just kind of like what I’ve always known and what I’ve always loved,” said the Anola-area

Forecast probability of temperatures above, below and/or near normal for the period from July through September 2023, based on three equiprobable categories from 1991-2020 climatology. (Weather.gc.ca)

Dry, hot Canadian summer expected

Normal precip expected for Ontario, Quebec

MarketsFarm — Warmer-than-normal temperatures are expected across all of Canada for the next three months, with average precipitation in most of the agricultural areas of the Prairies. That’s according to the latest long-range seasonal forecast from Environment Canada, released Friday. The government department calls for a 50-70 per cent chance of above-normal temperatures from July


Vet districts get funding

Vet districts get funding

Joint federal-provincial funding will amount to $2 million for new large-animal veterinary equipment

Rural veterinary districts are getting a financial boost. In a joint release June 22, the federal and provincial governments announced $2 million for “the capacity of rural veterinary services districts throughout Manitoba.” The funding is earmarked for new large-animal equipment. Districts can apply for up to $75,000 for purchases. The districts “provide essential veterinary services

(Photo courtesy Canada Beef Inc.)

Klassen: U.S. feeder markets pull Canadian values higher

Feedlots aggressively seek U.S. corn

For the week ending July 1, western Canadian feeder markets traded $2-$5/cwt higher compared to seven days earlier. Quality groups of yearlings were up $8-$10/cwt from a week earlier. South of the border, major markets in Oklahoma had feeder steers and heifers trading US$5-$10/cwt above week-ago levels. The Canadian market is functioning to ration demand