Cow-calf Archives - Page 239 of 439

U.S. livestock: CME hogs limit down, retreating from last week’s top

By GFM Network News, Julie Ingwersen April 10, 2019

Chicago | Reuters — Most months of Chicago Mercantile Exchange lean hog futures closed down the daily three-cent trading limit on Tuesday on softening cash markets and profit-taking following contract highs set last week, analysts said. “The cash market has slowed down. It was down a little yesterday and the carcass values were weaker this

Livestock, Markets

Klassen: Feeder market incorporates risk premium

By GFM Network News, Jerry Klassen April 9, 2019

Fed and feeder cattle markets have incorporated a risk premium due to the uncertainty in beef production. Adverse weather has plagued much of the U.S. Midwest over the past couple of months and the six- to 10-day forecast calls for above-normal precipitation. Compared to last week, western Canadian yearling markets traded $2-$3 higher on average

Livestock, Markets

U.S. livestock: CME hogs lower as rally pauses

By GFM Network News, Julie Ingwersen April 9, 2019

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed mostly lower on Monday as softening cash hog prices sparked a round of profit-taking after Friday’s contract highs, traders said. “Cash prices stopped moving higher at a rapid clip, so everyone is taking a step back,” said Altin Kalo, agricultural economist for New Hampshire-based

The USDA reports the 2018 average five-area fed steer price was $117.26. That’s less than what cattle producers received six years ago in 2012.

Beef cattle, Comment

Comment: U.S. beef exports up, producer revenue down

What good are growing exports to producers who are starting to struggle to pay the bills?

By Bill Bullard April 8, 2019

The breaking news is that 2018 U.S. beef exports hit new records. The U.S. Meat Export Federation (USMEF) wrote that 2018 beef exports “shattered the previous value record and achieved a new high for volume,” and, “Export value soared to $8.33 billion, breaking the 2017 record by $1.06 billion — an increase of 15 per

Livestock Markets, Markets

Demand strength, moderate supplies lift cattle prices

Eastern buyers took some higher-quality slaughter cattle

By Marlo Glass April 5, 2019

Market activity was steady and predictable at Manitoba’s cattle auction for the week ended March 29. With fewer slaughter cattle coming to market each week, prices remained fairly even, lifting up three to five cents per pound in some areas. Some slaughter cattle stayed local, with higher-quality cattle heading east into Ontario and Quebec. “Fed

CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets

U.S. livestock: CME hog futures rise again with swine fever in focus

By GFM Network News, Mark Weinraub April 5, 2019

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed mostly higher on Friday as speculators continued to push prices higher due to concerns about African swine fever in China, traders said. The spread of the deadly virus has raised expectations of a pick-up in demand from China, the world’s top pork buyer. “The

Livestock, Markets

U.S. livestock: Hog futures extend rally as African swine fever spreads

By GFM Network News, Mark Weinraub April 4, 2019

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Thursday for the third day in a row, supported by expectations that the spread of deadly African swine fever in China would boost demand from the world’s top pork buyer. The most-active June hogs contract closed up three cents, the daily trading limit.

CME May 2019 hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets

U.S. livestock: CME hogs rally on hopes for increased exports to China

By GFM Network News, Mark Weinraub April 3, 2019

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures charged higher on Wednesday, with the May contract surging 5.4 per cent, on hopes for a trade deal with China that would boost exports to the world’s largest consumer of pork. “U.S.-China trade talks restart in D.C. today and most accounts have those negotiations going

Beef cattle, Livestock

Few herds remain in B.C. bovine TB probe

By GFM Network News, Gfm Staff April 3, 2019

The federal investigation into an outbreak of bovine tuberculosis affecting four animals in a domestic British Columbia cattle herd has pulled back to include just seven properties. As of Monday, the Canadian Food Inspection Agency’s probe included one herd each in B.C. and Saskatchewan and four herds in Alberta under movement controls, along with the

Livestock, Markets

U.S. livestock: June hogs limit up on swine fever concerns

By GFM Network News, Mark Weinraub April 3, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied on Tuesday, with some contracts closing up their daily trading limit, as expectations for a bump in export deals to China, traders said. The gains were ignited by the announcement on Monday by China’s agriculture ministry that African swine fever has been found

Daily Network News

Prairie Wheat Weekly: Prices up in most areas

Beijing lifts some tariffs on U.S. farm goods but soybeans stay costly

Bunge beats profit estimates on strong processing margins, Viterra boost

Cow-calf

U.S. livestock: CME hogs limit down, retreating from last week’s top

Klassen: Feeder market incorporates risk premium

U.S. livestock: CME hogs lower as rally pauses

Comment: U.S. beef exports up, producer revenue down

Demand strength, moderate supplies lift cattle prices

U.S. livestock: CME hog futures rise again with swine fever in focus

U.S. livestock: Hog futures extend rally as African swine fever spreads

U.S. livestock: CME hogs rally on hopes for increased exports to China

Few herds remain in B.C. bovine TB probe

U.S. livestock: June hogs limit up on swine fever concerns

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