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CME December 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle edge higher in subdued trade

Chicago hogs end mixed

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Chicago | Reuters — U.S. live cattle futures closed higher on Friday for a fourth straight session, supported by follow-through technical buying after Thursday’s strong close and brisk demand for beef, analysts said. But trading volume was thin as brokers waited for significant cash cattle trade to emerge. Fat cattle traded lightly in the southern
Feedlots within Manitoba are loading up on feeder cattle during this year’s fall run.
Livestock Markets, Markets

Values under pressure on lower-quality cattle

U.S. cattle markets have taken some of the shine off Manitoba’s fall run so far

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The annual fall cattle run was running at full steam at auction yards across Manitoba during the week ended Oct. 23, with large volumes moving through the rings. However, the big numbers and sharp losses in U.S. cattle futures markets weighed on prices. “We’re in the middle of it now, it’s the busiest month of
CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures jump on tightening supplies

Lower wholesale pork values drag on hogs

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Chicago | Reuters — U.S. live cattle futures closed higher on Thursday on expectations that tight cattle supplies and rising demand for beef will buoy cash cattle markets, analysts said. Cash cattle traded lightly in the southern Plains this week at $106/cwt, the U.S. Department of Agriculture reported, even with last week (all figures US$).
File photo of gray wolves howling in British Columbia. (Pac9012/iStock/Getty Images)
Livestock

U.S. lifts federal protections for gray wolf

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Reuters — The Trump administration in the U.S. said Thursday said it will lift Endangered Species Act protections for the gray wolf, arguing the species had been brought back successfully from the brink of extinction. The move gives states in the continuous United States the authority to manage their local wolf populations, including by allowing
CME December 2020 lean hogs, with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs fall on declining wholesale pork prices

Steady beef demand lifts cattle futures

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Chicago | Reuters — U.S. lean hog futures fell on Wednesday on weaker wholesale pork prices, while cattle futures advanced on steady beef demand, traders said. The U.S. pork cutout, an indication of wholesale pork prices, fell by $4.31, to $84.52/cwt, according to the U.S. Department of Agriculture (all figures US$). Prices eased for pork
CME December 2020 live cattle with Bollinger bands (20,2) and 100-day moving average (brown line). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle rebound as trade adjusts to supply shock

Hogs lower, cash market supportive

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Chicago | Reuters — U.S. live cattle futures rebounded on Tuesday, as packers kept processing at a higher-than-usual pace, despite a bearish Cattle on Feed report, traders said. Meanwhile, hog futures eased slightly on Tuesday, as falling cutout prices have carved into packer margins, traders said. CME December live cattle futures gained 0.65 cent to
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market grinds lower

'Is there no grain in this country?'

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Compared to last week, prices for western Canadian yearlings weighing over 900 lbs. were down $4-$8 on average; yearlings weighing between 800-900 lbs. were down $2-$4; calves under 800 lbs. were down $8-$12, with the exception of Manitoba, where lighter calves traded $3-$5 below week-ago levels. Feedlot operators are asking, is there no grain in
CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle hit lowest price since June under supply pressure

December lean hogs close up off recent low

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Chicago | Reuters — U.S. live cattle futures fell on Monday, with the most-active contract touching its lowest price since June under pressure from a larger-than-expected number of cattle on feed in the United States, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 11.7
Herd of young cows
Livestock, News

Cattle producers get COVID set-aside program

The federal government is going it alone on funding the $2.5-million program in Manitoba

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Manitoba cattle producers are getting a support program to help offset the impact of COVID on their sector. The 2020 Manitoba Finished Cattle Feed Assistance Program will provide “… up to $2.5 million…” in direct support, a news release from Agriculture and Agri-Food Canada stated. For finished cattle payments of $1.20 per day per animal will “… help offset costs to
Lana Popham. (B.C. NDP via Flickr, license at Creativecommons.org/licenses/by/2.0/)

B.C. ag minister, critic expected to win re-election

NDP projected to form majority government

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British Columbia’s incumbent agriculture minister and opposition ag critic both appear set to head back to the provincial legislature as the New Democrats are projected to end three years of tentative minority governing. John Horgan’s NDP, which in 2017 overturned a minority Liberal government with the help of the Green Party, was projected Saturday evening

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