Barley seems to be the preferred grain over corn at feedlots in the Lethbridge, Alta.-area during the week ended Nov. 7, 2024.
Feeders
Feed Grain Weekly: Barley preferred over corn at feedlots
U.S. livestock: Lean hogs hit one-week low, pork belly values fall
Chicago Mercantile Exchange lean hog futures fell to their lowest level in more than a week on Tuesday as profit-taking extended the market's setback from contract highs last week, analysts said.
Klassen: Feeder market holds at higher levels
For the week ending November 2, Western Canadian yearling and calf markets were relatively unchanged from seven days earlier. Strong demand continues to support the feeder complex at historical high prices.
U.S. livestock: Hog futures retreat from contract highs last week
Chicago Mercantile Exchange lean hog futures ended lower on profit taking and technical selling on Monday, brokers said.
U.S. livestock: Hog futures edge down on profit taking
Chicago Mercantile Exchange lean hog futures pulled back from contract highs on Thursday as traders booked profits ahead of the end of a month, traders said.
U.S. livestock: Hogs hit new contract highs on smaller than expected US slaughter
Chicago Mercantile Exchange lean hog futures hit contract highs for a third day in a row on Wednesday as U.S. supplies continued to be tighter than expected, analysts said.
Klassen: Western Canadian calf market surges
For the week ending 26, Western Canadian calf markets were up $8-$12/cwt on average compared to seven days earlier. Pee-wee calves were up $20-$25/cwt compared to the prior week. Finishing feedlot operators were active buyers in all weight categories while backgrounders were cleaning up on smaller packages of calves under 550 pounds.
U.S. livestock: Cattle futures climb on fund buying, strong beef demand
Chicago Mercantile Exchange live and feeder cattle futures rose on Monday on fund buying and strong demand for beef, even as the red meat has become more expensive to consumers, said analysts.
Feedlot and backgrounding sectors called to participate in study
Two-part project looks for insight on feedlot and backgrounding practices
Canadian Feedlot Benchmark Study will help create a national benchmark database of backgrounding and finishing practices used in herds across Canada.
U.S. livestock: Cattle futures fall on positioning before USDA data release
Chicago Mercantile Exchange live cattle futures dipped slightly on Friday, while feeder cattle and lean hogs ticked up as traders squared positions prior to the release of the U.S. Department of Agriculture's Cattle on Feed report, after a choppy week of trading, analysts said.
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