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CME July 2021 lean hogs (candlesticks) with June 2021 lean hogs (pink line), June 2021 live cattle (dark red line) and August 2021 live cattle (black line). (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs end mostly higher

Cattle futures advance

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mostly higher on Thursday on elevated pork prices and strong demand, although profit-taking clipped some of the gains, traders said. Lightly traded June hog futures climbed to the highest for a spot month contract in nearly seven years. More actively traded nearby contracts
CME July 2021 lean hogs (candlesticks) with 10- and 50-day moving averages (pink and black lines) and June 2021 lean hogs (dark red line). (Barchart)
Livestock, Markets

U.S. livestock: Front-month hogs hit seven-year high in thin trade

August live cattle up, feeders lower

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended mixed on Wednesday, with the thinly traded June contract rising to a seven-year high as strong domestic demand continues to underpin prices even as export prospects wane, traders said. The most-active hog futures contract eased on profit-taking but remained near the peak it
CME July 2021 lean hogs (candlesticks) with August 2021 live cattle (dark red open/high/low/close). (Barchart)
Livestock, Markets

U.S. livestock: July hogs retreat after matching contract high

August live cattle up slightly, feeders down

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended mixed on Tuesday after matching a contract high because of tight U.S. supplies and firm cash markets, analysts said. The hog market has surged this year due to strong domestic demand and solid export sales to China, the world’s biggest pork consumer. Profit-taking
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market in consolidation mode

Feeder values in West showing premium over U.S.

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Compared to last week, western Canadian feeder cattle prices were quite variable depending on the weight category. Replacement cattle weighing over 800 lbs. were steady to $4 lower while feeders weighing 700-800 lbs. traded steady to $4 higher on average. Feeder cattle under 600 lbs. were unchanged from seven days earlier. The fed cattle market
CME July 2021 lean hogs with Bollinger bands (20,2) and August 2021 live cattle (dark red line). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures rise on strength in cash market

August live cattle slip, feeder cattle up

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Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures rose on Monday, with the market underpinned by tight supplies and firm cash markets, traders said. But technical selling kept the gains in check, with the front-month contract failing to take out the seven-year high it hit on Friday. CME July lean hog futures added
Walmart Canada will be the first retailer in Canada to offer on-pack certified sustainable claims on a line of beef products.
Beef cattle, News

Walmart to add sustainable beef label

Packages of Walmart Canada beef patties will sport a sustainability claim from the Canadian Roundtable for Sustainable Beef

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Canadians buying their groceries at Walmart will be getting more familiar with certified sustainable beef. On May 10, Walmart Canada announced that beef patties from the Your Fresh Market brand will add an on-package product claim based on standards from the Canadian Roundtable for Sustainable Beef (CRSB). The brand will now feature the CRSB’s “mass
CME August 2021 feeder cattle (candlesticks) with August 2021 live cattle and lean hogs (red and pink lines, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME feeder cattle slide on higher feed costs

Cattle slaughter down on short week, JBS hack

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Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures slipped on Friday, weighing on live cattle as rising corn futures pushed feed prices higher. “I think the downturn in feeders certainly was a factor,” said Altin Kalo, economist at Steiner Consulting Group. “I don’t see any other fundamental news out there that would
Late-May rainfall welcomed as cattle bids decline
Livestock Markets, Markets

Late-May rainfall welcomed as cattle bids decline

Rising feed prices and a stronger loonie have dragged on values

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It was another week of declining cattle numbers at livestock auction sites across Manitoba during the week ended May 27. As auction sites in Gladstone, Killarney and Ste. Rose du Lac were closed for the week, only 2,375 cattle went through the rings, down from 2,426 the previous week. Of those 2,375, at least 950
Pasture records can be critical to making informed choices in a year with drought conditions.
Forages, Livestock

Pasture records key tool in drought decision-making

Hard management decisions only get harder if the farmer only has a ballpark figure on pasture supplies

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Knowing exactly what you can expect out of a pasture can put producers on better footing when making hard management choices during drought, producers and grazing experts say. If the season continues as it has been so far, despite May rains across the Prairies, there will be hard decisions in plenty. Most land in Manitoba
CME August 2021 feeder cattle (candlesticks) with 20-day moving average (red line) and CBOT July 2021 corn (yellow line). (Barchart)
Livestock, Markets

U.S. livestock: CME feeder cattle gain on lower corn

December live cattle, July hogs up

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Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures gained on Thursday, lifted by lower corn futures and firmer back-month live cattle. “From the feeder buyer’s perspective, you had higher cattle and lower corn, so that’s a good deal,” said Alan Brugler, president of Brugler Marketing. CME August feeder cattle closed 1.35 cents

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