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CME July 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs lower on China tensions

CME live cattle futures mostly higher

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Chicago | Reuters — U.S. lean hog futures dropped by as much as the daily trading limit on Thursday on worries that rising tensions between Washington and Beijing could limit U.S. pork purchases by China, the world’s largest pork consumer. Sino-U.S. relations have worsened as the White House has threatened China with sanctions over its
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle markets reflect mixed tone

U.S. corn offered into southern Alberta

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Compared to the previous week, western Canadian yearling prices were $2-$4 higher on average while calves traded unchanged to as much as $8 lower. Larger feedlot operations were actively bidding for 800-plus-lb. feeders across the Prairies due to the limited supply. Lower volumes were available this past week which was supportive for the market. Southern
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle rise on economic optimism, discount to cash prices

U.S.-China tensions keep hogs in check

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Chicago | Reuters — U.S. cattle futures rallied for a second straight day on Wednesday as easing coronavirus restrictions around the country bolstered optimism about the outlook for the economy and beef demand. U.S. stocks rose, with the S+P 500 closing above 3,000 for the first time since March 5, as further easing of lockdowns
CME August 2020 feeder cattle with 10-, 20- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hog futures follow equities higher

August feeder cattle close limit-up

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Chicago | Reuters — U.S. cattle and hog futures rallied on Tuesday in tandem with rising stock markets as optimism about developing coronavirus vaccines and the revival of business activity buoyed livestock markets battered by the coronavirus pandemic. Supportive cattle and meat supply data from the U.S. Department of Agriculture late last week showing accelerated
With the arrival of spring turnout, it’s a good time to consider your herd health program.
Livestock, News

Practise cattle and people health management at turnout time

Now is a good time to evaluate vaccination and herd health management protocols

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Spring turnout to the pasture is a good time for producers to review their cow-calf health management plans, according to North Dakota State University Extension livestock experts. They note that a number of factors can impact cow-calf health, including slow grass growth and moisture conditions that may delay grazing readiness and result in prolonged feeding.
CME August 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live and feeder cattle futures slip

Thursday's cold storage data seen as disappointing

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Chicago | Reuters — U.S. live and feeder cattle futures closed lower on Friday after disappointing cold storage data the previous day and ahead of the U.S. Department of Agriculture’s cattle on feed report in the afternoon. Lean hog futures also dropped, as backups continue at slaughter facilities, traders said. The nearby CME live cattle
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hogs, live cattle gain against cash markets

Cold storage meat supplies down slightly, USDA says

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Chicago | Reuters — U.S. live hog futures gained on Thursday on short-covering as contracts strengthened against cash markets, traders said. CME live cattle futures firmed, while feeder cattle dipped ahead of Friday’s U.S. Department of Agriculture cattle on feed report. The nearby CME June lean hogs gained 2.475 cents, to 59.35 cents/lb., while the
Manitoba no closer to new beef-processing capacity
Livestock, News

Manitoba no closer to new beef-processing capacity

The industry has long desired more slaughter and processing capacity here at home, but despite decades of hoping, nothing is on the horizon

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It’s an intermittent thorn in the side for Manitoba beef producers. Lack of local processing capacity is a popular topic among the sector, one that has cropped up time and time again for decades, and one that gains particular traction when, like now, the market turns sour. Why it matters: Processing issues out of Alberta
U.S. Agriculture Secretary Sonny Perdue holds a U.S. flag-themed face mask while speaking about the U.S. food supply chain as President Donald Trump listens during a COVID-19 pandemic response event at the White House on May 19, 2020. (Photo: Reuters/Leah Millis)
Beef cattle, Livestock, Markets

President’s cattle call finds expected marks in U.S.

Trump suggests killing trade pacts with unnamed cattle-exporting nations

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U.S. President Donald Trump’s remarks Tuesday about imports of live cattle into the United States resonated predictably among that country’s various cattle producer groups. At a White House event Tuesday, flanked by U.S. farm and ranch leaders and Agriculture Secretary Sonny Perdue for a multi-billion-dollar COVID-19-related farm aid announcement, Trump said he “read yesterday where
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures slip as slaughter rises

CME lean hog futures firm

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Chicago | Reuters — U.S. live cattle futures fell on Wednesday, as cattle continue to back up, despite slaughter plants’ coming back online, traders said. CME lean hog futures firmed despite rising kill numbers, as social distancing rules in plants keep slaughter below normal rates. The nearby CME June live cattle futures contract settled down

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