Daily Network News

More News →

Cow-calf

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

U.S. livestock: CME cattle, hogs sag on macroeconomic concerns

Economy raises concern for beef demand

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, extending a pull-back from four-month highs set this week as traders worried about the health of the world economy and softening demand for beef, traders said. CME October live cattle ended down 1.025 cents at 144.85 cents/lb. and the most-active December
CME December 2022 lean hogs (candlesticks, right column) with 20- and 100-day moving averages (brown and black lines) and CME cash lean hog index (pink line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs down on weak pork prices, macroeconomic fears

Chicago cattle also end lower ahead of report

By ,
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell nearly two per cent on Wednesday as falling wholesale pork prices and worries about the health of the global economy triggered a round of long liquidation, traders said. CME October lean hogs settled down 1.55 cents at 94.425 cents/lb. and most-active December hogs fell
cow and calf
Beef cattle, Livestock

Birthweight isn’t as straightforward as it should be

Beef 911: Believe it or not, the methods for determining this critical number can vary a great deal

By
Purebred producers diligently weigh their calves to give the purebred bull purchasers an accurate prediction, adding that information to data on bull selection and calving ease. It is highly heritable, so birthweight and birthweight EPDs, as well as calving ease, are usually listed in bull sale catalogues. Purebred and commercial products need to be aware of several
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle firm on strong cash trade

Nearby hogs lower despite cash strength

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle strengthened on Tuesday, underpinned by strong cash markets and tight supplies of market-ready cattle, though recession fears limit gains, traders said. “We saw some pretty strong cash trade in the western corn belt yesterday,” said Alan Brugler, president of Brugler Marketing. “Our long-term bias is higher,
The 2022 CYL semi-finalists at the Canadian Beef Industry Conference. James Kinley (middle row, far left) and Stefan Bouw (top row, second from right).
Beef cattle, Livestock, News

Cattle mentorship program invests in next generation

Young producers see it as a way to shorten the learning curve

By
Two Manitobans are among the 16 finalists for the Cattlemen’s Young Leaders (CYL) Mentorship Program, a national youth initiative of the Canadian Cattle Association (CCA). Every year, the mentorship program selects a group of young leaders interested in any area of the beef supply chain and matches them with a mentor in their area of interest.
CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle mixed

Tight supplies underpin futures

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed to firmer on Monday, supported by diminished supplies of market-ready cattle that should be reflected in the U.S. Agriculture Department’s monthly Cattle on Feed report, due Friday. “It’s been a slow climb, but it’s also predicated on very large demand,” said Dennis Smith,
Cattle trickle in, but soon to rise sharply
Livestock Markets, Markets

Cattle trickle in, but soon to rise sharply

Heavy feeder steers and heifers show price improvements on the week

By
Most of Manitoba’s eight cattle auctions were in business during the week of Sept. 2-8, with cattle trickling in at some of the facilities — the exception being Ste. Rose Auction Mart, which on Sept. 8 sold 1,389 head. That equalled two-thirds of the week’s cattle. “The numbers aren’t really substantial yet. Nobody wants to be in the first sale,” said
CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs end firmer, live cattle stumble

Feeder cattle futures mixed

By ,
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher on Friday as the market moved up toward cash prices, analysts said. October lean hogs closed 0.85 cent stronger at 96.9 cents/lb. (all figures US$). The contract earlier in the session rose to 96.925 cents, its highest price since Aug. 23. Most-active December
CME December 2022 lean hogs (candlesticks, right column) with 20-day moving average (brown line) and CME cash lean hog index (pink line, left column). (Barchart)
Livestock, Markets

U.S. livestock: December lean hogs hit four-week high

CME live cattle also finish stronger

By ,
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures touched a four-week high on Thursday on technical buying and concerns about tightening supplies, analysts said. Demand from pork processors helped underpin futures as packers’ profit margins improved, a broker said. Margins were estimated to be $2.45 per hog, up from a loss of $4.15

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →