Feeder cattle prices hold up well during fall run

Feeder cattle prices hold up well during fall run

Total marketings up substantially on the week

As the fall run continued across Manitoba, prices for feeder cattle remained relatively steady at the Ashern Auction Mart. Those for slaughter cattle eased back a little, according to manager Kirk Kiesman. “It’s been steady now for three weeks. It definitely hasn’t gone up. Plainer cattle have actually gone down,” he said. [RELATED] Fighting for


CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Live cattle futures extend gains

Chicago hog futures weak

Chicago | Reuters — Chicago Board of Trade live cattle contracts rose on Thursday, touching a fresh seven-year high, with tight supplies boosting cash market prices and lending support to futures. Hog futures eased after rising in five of the previous six sessions, but losses were kept in check by signs of good consumer demand.

CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Cattle, hog futures rise on cash market strength

November feeder cattle also end higher

Chicago | Reuters — Chicago Board of Trade hog and cattle futures rose on Wednesday, following gains made in the cash market earlier this week, traders said. CME December lean hog futures gained 0.9 cent to settle at 87.375 cents/lb. (all figures US$). The contract faced technical resistance at the high end of its 20-day


CME December 2022 live cattle (candlesticks) with 40-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Live cattle futures hit over seven-year high

CME lean hogs also close higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose on Tuesday and the front-month contract hit its highest in more than seven years on strength in the cash market, traders said. Hog futures were also firm, with chart-based buying after contracts broke through key technical resistance points on Monday. CME December lean hog

Foot-and-mouth a ticking time bomb. Is Canada prepared?

Foot-and-mouth a ticking time bomb. Is Canada prepared?

Livestock groups want millions of vaccine doses to be stockpiled but say Ottawa is ‘stalling’

Glacier FarmMedia – Ottawa must stop ignoring requests to create a vaccine bank that could save the country’s livestock sector from a devastating a foot-and-mouth disease outbreak, say livestock leaders. Producer organizations want Ottawa to spend $3.2 million per year to create a vaccine bank and strengthen its plans for managing a potential outbreak. The response so far


File photo of cattle on feed near Champion, Alta., about 75 km north of Lethbridge. (James_Gabbert/iStock/Getty Images)

Klassen: Uncertain fed cattle market weighs on feeder cattle

U.S. feeder demand seen relatively sluggish

Compared to last week, western Canadian yearlings (900 lbs. and over) appeared to trade $6-$8 lower on average; yearlings weighing 800-900 lbs. off grass were unchanged. Backgrounded yearlings were also $6-$8 lower. Mid-weight calves were unchanged but calves under 600 lbs. were $3 to as much as $10 lower in some cases. Feedlot operators pulled

CME December 2022 live cattle (candlesticks) with 20-, 30- and 50-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Live cattle, hog futures hit multi-week highs

November feeder cattle end lower

Chicago | Reuters — Chicago Mercantile Exchange hog and live cattle futures rallied to multi-week highs on Monday. CME December lean hog futures rose 2.7 cents to settle at 84.95 cents/lb. (all figures US$). The contract peaked at 85.1 cents, its highest since Sept. 23, and rose above its 100-day and 200-day moving averages during


CME December 2022 lean hogs (candlesticks) with 20-, 30- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: Lean hog futures rise on good demand

Cattle futures mostly lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to a near three-week high on Friday as strong demand and improved pork packer margins sparked buying ahead of the weekend, traders said. Another solid week of pork export sales added support, soothing concerns about rising supplies of market-ready hogs, they said. “Demand is

Strong prices but slow start to fall cattle run

Strong prices but slow start to fall cattle run

Lack of trucking capacity weighs on the market

Manitoba’s cattle auctions were busy during the first week of October as the seasonal fall run slowly picked up steam. The solid numbers led to pressure on some classes, while persistent trucking issues remain a concern. Overall, the market remained strong, with prices generally well above levels at the same time a year ago. Lighter-weight steers under 500