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Beef cattle

Beef cattle, Livestock, Markets

Klassen: Feeder cattle experience volatile price action

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Western Canada’s feeder cattle prices traded in an volatile fashion this past week due to uncertain economics and beef demand uncertainty. Early in the week, auction barns were reporting values steady with week-ago levels; however, buying enthusiasm started to wane by Wednesday and prices were $3-$5 per hundredweight (cwt) lower by the weekend. Feedlot operators
(WTO.org)
Beef cattle, Hogs, Livestock, Markets

Revised U.S. COOL law still breaks trade rules, WTO panel finds

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A World Trade Organization compliance panel has ruled the U.S. government offside in its latest attempt at a trade-compliant country-of-origin labelling (COOL) law on meat. Following a long-awaited public release Monday, the ruling may give Canada and Mexico the ammunition to demand COOL be scrapped, on pain of retaliatory tariffs against a range of U.S.-made
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle close weak; hogs higher

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed down slightly on Friday after investors digested this week’s prices for market-ready or cash cattle, traders said. October closed down 0.2 cent per pound to 165.05 cents, and December 0.25 cent lower at 165.05 cents (all figures US$). Cash cattle this week sold steady
cattle feeding at a trough
Beef cattle, Forages, Livestock, Local news

Cattle producers have forage concerns after wet season

High nitrate levels in frost-stressed crops can be fatal for cattle

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Cattle producers should test their feed this year because wet weather has compromised the nutritional value in late-seeded cereal crops, and cold weather could make them potentially dangerous, a provincial forage specialist says. “We’re quite concerned about nitrates this year after the stress that the plants have been under all summer and then with the recent
(CMEGroup.com)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME hogs limit-down as stock market slides

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Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday closed down their three-cent-per-pound maximum daily price limit led by Wall Street’s more than two per cent fall, traders and analysts said. U.S. stocks dropped on Wednesday as economic data buttressed worries over the health of the world economy and signs emerged of slowing
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME feeder cattle plunge limit-down

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Chicago | Reuters — Most Chicago Mercantile Exchange feeder cattle contracts closed down the maximum three-cents-per-pound daily price limit as live cattle contracts slid and corn prices climbed, traders said. Expensive feed could increase input costs for feedlot operators. “Today you’ve got the combination of lower cattle and higher corn in a thinly traded feeder
Beef cattle, Livestock, Markets

Klassen: Feeder cattle jump $4-$8

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Western Canada’s calf prices once again jumped $4-$8 per hundredweight (cwt) while yearling prices advanced a solid $2-$4. Strength in the fed cattle market, along with stronger wholesale beef values, rejuvenated buying enthusiasm for all weight categories. Alberta packers were buying fed cattle $2-$3/cwt above week-ago levels with fed steers trading in the range of

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