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CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures turn lower

Current-year hog futures higher

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Chicago Mercantile Exchange live cattle and feeder cattle futures took a turn lower in resumed trading Wednesday while near-month hogs turned higher. Most-active August live cattle came back off the U.S. Independence Day break down for a second day off Friday’s three-week high, closing Wednesday at 174.95 cents/lb., down 1.875 cents from Monday (all figures
Vet districts get funding
News

Vet districts get funding

Joint federal-provincial funding will amount to $2 million for new large-animal veterinary equipment

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Rural veterinary districts are getting a financial boost. In a joint release June 22, the federal and provincial governments announced $2 million for “the capacity of rural veterinary services districts throughout Manitoba.” The funding is earmarked for new large-animal equipment. Districts can apply for up to $75,000 for purchases. The districts “provide essential veterinary services
CME August 2023 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME feeder cattle firm on choppy corn trade

Live cattle, lean hogs mixed

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased and feeder cattle futures ticked up on Monday, as corn prices faced a choppy trading day at the start of this holiday-shortened week, traders said. Meanwhile, the hog market ended the day mixed, with nearby contracts continuing to be bullish on growing buyer interest,
Tuberculosis bacteria under an electron microscope. (Janice Haney Carr photo courtesy Centers for Disease Control and Prevention (U.S.))
Beef cattle, Livestock

Bovine TB turns up in Saskatchewan herd

Two cases found after U.S. test flags Canadian heifer

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A heifer whose tissues tested positive for bovine tuberculosis (TB) at slaughter in the U.S. has been traced back to a Saskatchewan cattle herd which has now turned up two more cases of the disease. The Canadian Food Inspection Agency, in a report dated Wednesday, said it was notified Feb. 23 by the U.S. Department
CME August 2023 lean hogs with 100-day moving average and October 2023 lean hogs (brown line). (Barchart)
Livestock, Markets

U.S. livestock: CME nearby hog futures up ahead of herd data

Cattle up on bullish fundamentals

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Chicago | Reuters — Chicago Mercantile Exchange nearby lean hog futures ended higher on Thursday, as wholesale pork prices rose, cash hog prices firmed and traders awaited quarterly hog data from the U.S. Department of Agriculture (USDA). Benchmark August hogs settled up 1.225 cents at 92.325 cents/lb. after reaching 93 cents, right at the contract’s
High prices, optimism buoy beef producers
Livestock Markets, Markets

High prices, optimism buoy beef producers

Tighter cattle supplies have ‘shifted the dynamic’

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This past spring saw a bull market in terms of cattle prices. The fact of fewer animals in North America caused cattle futures on the Chicago Mercantile Exchange, as well as local prices, to surge toward levels unseen in nearly a decade. Manitoba Beef Producers past-president Tyler Fulton, now vice-president of the Canadian Cattle Association,
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle climb on firm cash markets

Chicago lean hogs end mixed

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Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher for a second session on Wednesday, lifted by strength in the cash market tied to tightening U.S. cattle supplies, traders said, while tumbling corn prices lifted feeder cattle futures. CME August live cattle futures settled up 1.375 cents at 173.875 cents/lb. (all figures US$).
CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle end higher, lean hogs mixed

Wholesale beef prices seen softening

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday, rallying after a two-session slide as corn prices dropped and feeder cattle surged, but softening wholesale beef prices hung over the market, traders said. Benchmark CME August live cattle futures settled up 1.9 cents, at 172.5 cents/lb. (all figures US$). October futures
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Fed market supports feeder complex

Strength in loonie tempers market upside

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For the week ending Saturday, western Canadian yearlings over 800 lbs. were relatively unchanged. Feeder cattle in the range of 600-700 lbs. were up $4-$8/cwt. The market was hard to define for feeder cattle under 600 lbs. due to limited numbers. Prices for quality calves were unchanged from seven days earlier while straggler types were

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AgCanadaTV: In case you missed it; your national ag news recap for April 10, 2026

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