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CME December 2022 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and brown lines, right column) and CME cash Lean Hog Index (black line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs, live cattle retreat on technical selling

Funds net long in hogs, cattle

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Chicago | Reuters — Chicago Mercantile Exchange benchmark December lean hog futures fell about four per cent on Tuesday, hitting a 10-month low on technical selling and worries about consumer demand for meat, traders said. Brokers shrugged off strength in outside markets including crude oil and Wall Street equity markets, which firmed as fears eased
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hogs up on technical buying, short-covering

Recession worries still loom large

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Chicago | Reuters — Chicago Mercantile Exchange live cattle, feeder cattle and lean hog futures strengthened on Monday on technical buying and short covering, after recent selloffs were overdone, brokers said. Concerns about the risks for a global recession, which could reduce demand for beef, continued to hang over livestock markets, brokers said. Wall Street
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle lower, underpinned by tight supply

October lean hogs also lower

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Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange eased on Friday, pressured by softening cash trade across the U.S. Plains, though markets remain supported by tightening supplies as producers continue to liquidate their herds, analysts said. “Our short-term supply issues are still front and centre. We’re running two-three per cent
Fall cattle run numbers increase
Livestock Markets, Markets

Fall cattle run numbers increase

Bids for feeder steers showed noteworthy gains

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The fall run is in full swing and the number of cattle heading to Manitoba’s eight livestock auctions continues to increase. “It’s going to be as busy as it ever is,” said Allan Munroe of Killarney Auction Mart, which had a sale Sept. 19 with 1,120 head. That’s up from 516 the previous week. Overall, there were
(DusanPetkovic/iStock/Getty Images)
Livestock

Saskatchewan, Manitoba to boost vet college seat quotas

Each province adding five subsidized seats at WCVM

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Updated, Sept. 30 — With livestock producers’ needs at top of mind, 10 more student seats at the Western College of Veterinary Medicine at the University of Saskatchewan will be spoken for starting next year. The college and the Saskatchewan and Manitoba governments on Thursday announced the two provinces will each step up their funding
CME December 2022 lean hogs (candlesticks) with 20-day moving average (pink line, right column) and CME cash Lean Hog Index (purple line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME December hogs ease

U.S. hog herd shrinks; cattle futures firm

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Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange eased on Thursday ahead of the U.S. Agriculture Department’s quarterly hog and pigs report, released after the market closed. CME October hogs firmed 0.75 cent at 89.45 cents/lb., but most-active December hogs fell 0.1 cent to 75.725 cents/lb. (all figures US$).
Farmer Derrick Gould (left) with his son Blaze (centre) and father Donald (right). Donald passed away this June.
News

BACK TO THE LAND: ‘We used to plant hay here.’

The past, present, and hopeful future of Indigenous agriculture in Manitoba

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For decades, farming has declined in Derrick Gould’s community of Pinaymootang (Fairford) First Nation. In the late 1950s and early ‘60s, Gould estimates 35 to 40 families were raising cattle in pastures and hay lands along the Fairford River. Gould family history relates the beginning of the end for many of those farms: In 1961,
CME December 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME December hogs extend slide on long liquidation

Cattle futures down on demand concerns

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Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange continued their slide on Wednesday, hitting a nine-month low on recession worries and long liquidation. CME October hogs ended up 0.675 cent at 89.375 cents/lb. (all figures US$). But most-active December hogs fell 0.425 cent to settle at 75.825 cents/lb. after

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