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CME December 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: USDA lifts estimates for beef production, cattle prices

December live cattle up, lean hogs lower

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Chicago | Reuters — The U.S. Department of Agriculture on Tuesday raised its forecast for beef production and cattle prices in 2021 and 2022 due to strong demand and heavier livestock. Robust sales of U.S. beef to domestic consumers and overseas buyers have helped support Chicago Mercantile Exchange (CME) cattle futures. USDA, in a monthly
(Photo courtesy Canada Beef Inc.)
Beef cattle, Livestock, Markets

Klassen: Feeder market on soft slope

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Compared to last week, western Canadian yearling prices were steady to $2 lower on average while calves traded steady to as much as $4 lower in certain regions; calves under 550 pounds were quoted $3-$6 below week-ago levels. Barley and wheat prices continue to percolate higher, causing a defensive sentiment amongst buyers. Southern Alberta and
CME December 2021 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 at two-month high on strong beef demand

December hogs follow pork lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a two-month high on Monday amid expectations for solid demand for beef, traders said. Gains in cash cattle prices last week helped support futures, traders said. Meat packers killed an estimated 121,000 cattle at U.S. slaughtering plants on Monday, unchanged from a week ago,
Photo: File
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Live cattle firms on stronger cash, wholesale market

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Wednesday, underpinned by stronger cash trade as packers pull more cattle forward, while wholesale beef prices added support, analysts said. “It does seem like the packers have picked up the production for cattle lately,” said Doug Houghton, technical analyst at Brock Capital Management.
Lessons learned on the farm apply to the pandemic
Livestock

Lessons learned on the farm apply to the pandemic

Beef 911: Maintaining herd health has taught us about the same good practices being used to combat COVID

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The Canadian Veterinary Medical Association designates the first week in October every year in order to increase awareness of veterinary involvement with all animals. Every year there is a theme and this year’s is most appropriate. It is Animal Health + Human Health + Planet Health = One Health. One Health really encompasses the entire
Voucher winner Grace Glover, of Boissevain.
News

Glover awarded Angus voucher

The funds will support expanding herds for randomly selected members of Canadian Junior Angus

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A young Manitoban is among the winners of three $2,000 vouchers to fund the purchase of an Angus heifer. Grace Glover, of Boissevain, was one of the Canadian Junior Angus members selected in a random draw. Layne Chantler, of Egbert, Ontario and Karsen Van Sickle, of Red Deer County, Alberta were also recipients. The vouchers
Photo: russokm1105/iStock/GettyImages
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME feeder cattle futures slide to five-month low

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures hit a one-week low on Monday on bigger-than-expected U.S. supplies, while feeder cattle dropped to a five-month low, analysts said. Traders have been expecting cattle supplies to tighten but did not see signs of it in October, said Rich Nelson, chief strategist for agricultural commodities

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