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

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

U.S. livestock: Cattle, hogs mostly down on weak margins, inflation worries

Beef packer margins in negative territory

Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures ended mostly lower on Thursday on eroding meat packer margins and as soaring inflation raises demand concerns, traders said. Technical selling and profit-taking further fueled declines in livestock futures after live cattle and lean hog contracts touched 2-1/2-week highs this week. A U.S. Labor


Cattle receive supplemented feed at the Myhre farm near Crane River, Man.

Fighting for footing: The great cattle exodus

Is there a way back from Manitoba’s continued slide in the cattle sector?

In 2017, then-provincial agriculture minister Ralph Eichler set an aspirational goal for Manitoba’s place in the cattle industry. It was his intention to see as many cows on the landscape as there were before BSE devastated the market 15 years before. The day he uttered that objective, to a crowded auditorium at Ag Days in

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

U.S. livestock: Live cattle mostly up with consumption forecast

Chicago lean hogs also up on day

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mostly firmer on Wednesday as wholesale beef prices stabilized after a recent slide and as a monthly government report helped to temper concerns about waning consumption. Gains were capped by eroding beef packer margins, although cattle demand is likely to remain high this week


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

U.S. livestock: Live cattle firm as packer margins turn negative

Lean hog futures settle lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Tuesday as supplies tighten, with beef packer margins falling into the negative for the first time in years, traders said. Beef packers lost $14.35 per head on Tuesday, compared to earnings of $1.60 a day earlier and $18.40 the week before, according to



CME December 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: Hog futures firm on technical buying

Cattle futures close mostly lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for the second day in a row on Thursday, with technical buying supporting prices following the market’s bounce from a 10-month low on Wednesday, traders said. CME December lean hog futures settled up 1.275 cents at 77.775 cents/lb. (all figures US$). Front-month October hogs

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Study fails to support rest stop benefits for cattle: BCRC

Preconditioning appears to be more important than rest and feed stops BCRC says

To say the cattle sector is unhappy with changed transportation rules is putting it mildly. Now, results from a third Beef Cattle Research Council (BCRC) study on transportation outcomes are feeding the ire. BCRC science director Reynold Bergen said the study, summarized in a blog post titled “Strike three? Transport rest stops still don’t show a benefit


CME October 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME hogs up off 10-month low on bargain-buying

Live cattle also up on technical buying

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday on bargain buying, a day after the benchmark December contract fell to a 10-month low, traders said. CME December lean hog futures settled up 2.075 cents at 76.5 cents/lb. (all figures US$). Front-month October hogs ended up 3.8 cents, at 90.8

Researchers at Olds College are testing a Norwegian virtual fencing system called Nofence, one of several systems using the rapidly evolving technology.

Virtual fence systems for livestock could be the next breakthrough

Though this technology is taking off in Europe and being studied here, it’s still early days

Glacier FarmMedia – Research on virtual fences for livestock is gaining momentum in Western Canada. One technology being studied uses collars on animals that emit a series of audio warnings and, if need be, an electric pulse, when livestock approach an invisible boundary set with GPS coordinates. “The animals are actually able to get trained