Beef cattle & Farming Articles - Manitoba Co-operator

U.S. livestock: Cash price woes drop CME hogs

By GFM Network News, Theopolis Waters April 30, 2014

Chicago | Reuters — Chicago Mercantile Exchange hog futures on Wednesday closed down more than two per cent, pressured by the recent decline in cash and wholesale pork prices, traders said. Although the morning’s wholesale pork prices inched upward, mixed cash hog returns left traders uneasy about those prices in the near term. “Packers are

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Fund buying helps CME hogs close mostly higher

By GFM Network News, Theopolis Waters April 29, 2014

Chicago | Reuters — Chicago Mercantile Exchange hogs closed mostly higher on Tuesday, with support from fund buying that helped most contracts beat back early-session losses, traders said. Short-covering contributed to overall CME hog advances. May futures could not overcome their bearish premium to CME’s hog index, at 116.83 cents, and lacklustre demand for market

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME feeder cattle hit record high as supplies tight

By GFM Network News, Theopolis Waters April 28, 2014

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures spiked to a record high on Monday, driven by tight supplies of young calves for fattening at feedlots, traders said. Fewer cattle are available now following years of drought in parts of the United States that have forced ranchers to downsize their herds. The U.S.

Beef cattle, Livestock, Markets

Klassen: Lower available supplies support feeder market

By GFM Network News, Jerry Klassen April 28, 2014

Western Canadian feeder cattle prices were relatively flat last week, trading steady with week-ago levels while quality replacements were $2-$3 per hundredweight (cwt) higher. Feedlot buying interest was not afraid to pay up larger groups of fancier cattle with limited supplies expected in upcoming weeks. In southern Alberta, black steers weighing 785 pounds traded near

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle futures climb before USDA report

By GFM Network News, Theopolis Waters April 25, 2014

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday closed higher, fuelled by their discounts’ to initial cash prices prior to the U.S. Department of Agriculture’s cattle-on-feed report at 2 p.m. CT, traders said. Analysts expect Friday’s report to show the number of cattle placed in feedyards in March increased 0.8 per

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME feeder cattle hit new high as corn prices slip

By GFM Network News, Theopolis Waters April 24, 2014

Chicago | Reuters — Back-month Chicago Mercantile Exchange feeder cattle futures on Thursday set new contract highs, sparked by weak corn prices that could help ease input costs for feedlots, traders said. Feeder cattle futures drew more support from buying in the neighbouring CME live cattle pit. May feeders gained more ground after breaking through

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Fund buying pushes CME hogs two per cent higher

By GFM Network News, Theopolis Waters April 23, 2014

Chicago | Reuters — Chicago Mercantile Exchange hog futures jumped two per cent on Wednesday, with some months up the three-cent limit, driven by fund buying after contracts punched through moving average levels, traders said. May hogs closed up 2.95 cents per pound at 123.975 (all figures US$). June and July ended up their three-cent

Beef cattle, Hogs, Livestock, News

Manitoba launches livestock price insurance for cattle, hogs

The program based on Western Canada prices offers better protection than CME futures hedging

By Daniel Winters April 23, 2014

A new price insurance scheme for Manitoba livestock producers has officially been launched, but whether there will be a stampede through the gate remains to be seen. Applications for the Western Livestock Price Insurance Program (WLPIP), a new tool to manage risk and withstand market volatility, were unveiled last week by Food and Rural Development

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Solid beef demand drives CME live cattle higher

By GFM Network News, Theopolis Waters April 22, 2014

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained, supported by short-covering sparked by strong demand for beef at wholesale, traders and analysts said. Tuesday morning’s wholesale choice beef price, or cutout, climbed $2.26 per hundredweight (cwt) from Monday to $231.32 (all figures US$). Select cuts rose $1.23 to $219.30, based

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Hog futures sink two per cent with sagging cash prices

By GFM Network News, Theopolis Waters April 21, 2014

Chicago | Reuters — Chicago Mercantile Exchange hog futures tumbled two per cent on Monday, pressured by lower prices for market-ready or cash hogs, traders said. The morning’s average of hogs in the eastern Midwest dropped $1.02 per hundredweight (cwt) from Friday to $110.56, according to the U.S. Department of Agriculture (all figures US$). Hog

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Beef cattle

U.S. livestock: Cash price woes drop CME hogs

U.S. livestock: Fund buying helps CME hogs close mostly higher

U.S. livestock: CME feeder cattle hit record high as supplies tight

Klassen: Lower available supplies support feeder market

U.S. livestock: CME live cattle futures climb before USDA report

U.S. livestock: CME feeder cattle hit new high as corn prices slip

U.S. livestock: Fund buying pushes CME hogs two per cent higher

Manitoba launches livestock price insurance for cattle, hogs

U.S. livestock: Solid beef demand drives CME live cattle higher

U.S. livestock: Hog futures sink two per cent with sagging cash prices

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