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Beef cattle

Drought in the winter wheat grazing area of the southern Plains caused early movement of calves from wheat pastures into feedlots.
Beef cattle, Livestock

Forced liquidation a cause of volatility in beef cattle prices

There are record meat supplies in the U.S., but demand has been boosted by the strong economy

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Several producers recently expressed their frustration with the volatility in cattle prices. Price movements of several dollars can occur from one day to the next, and cash and futures market prices even seem to move in opposite directions at times. Of course, uncertainty causes market volatility, and a number of supply-and-demand challenges are adding to
Ben Fox. (File photo/Supplied)
Beef cattle, Livestock

Manitoba Beef Producers president steps down

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The race to become the federal Conservatives’ candidate in Dauphin has claimed a second Manitoba farm leader. Dauphin-area rancher Ben Fox, president of Manitoba Beef Producers and the District 13 representative on the group’s board, announced Tuesday he had resigned as MBP president to seek a “federal party nomination.” MBP didn’t say which nomination Fox
Calvin Vaags (far right) poses with some of his senior and front office staff in front of True North Foods north of Carman. The only federally certified slaughter plant in Manitoba,the facility is expected to add the USDA’s check of approval in the near future.
Beef cattle, Livestock, Local news

Made-in-Manitoba meat to head south of the border

True North Foods is already Manitoba’s only federally certified slaughter option for beef. Now, it says USDA approval is imminent

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True North Foods in Carman might be days away from federal certification in the U.S. Owner and operator, Calvin Vaags, says they are expecting their USDA certification for beef to be finalized any day now. The milestone would open up the American market for the facility, which is currently the only CFIA certified slaughter plant
(Regis Lefebure photo courtesy ARS/USDA)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Hog futures fall to new contract lows on heavy supplies

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures tumbled about 3 percent to fresh life-of-contract lows on Wednesday as cash hog and pork prices extended declines amid abundant supplies and worries of sagging demand, traders said. Most active October lean hog futures fell 1.575 cents to 48.400 cents per pound while front-month August
File photo
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Feeder cattle fall on technical selling; hogs mostly lower

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Chicago | Reuters – U.S. cattle futures fell on Tuesday, with feeder cattle easing about 2 percent on pressure from technical selling and abundant supplies, traders and analysts said. Lean hog futures also were mostly lower on the Chicago Mercantile Exchange, weighed down by declining prices for hogs in cash markets and lower wholesale pork
Photo: File
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Cattle futures rise on better beef packer demand

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose sharply on Friday, lifted by better demand from beef packers who were bidding more aggressively to buy steers in cash markets, traders and analysts said. Technical buying also supported cattle futures, which broke out of a relatively narrow trade that had defined the market
(Deyana Robova photo/iStock/Getty Images)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Lower cash, pork prices send CME hog futures lower

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Chicago | Reuters – Chicago Mercantile Exchange hogs closed lower for a third straight day on Thursday, posting new lows for the contract, following downward-trending prices for market-ready, or cash hogs and wholesale pork values, traders said. Plentiful hog supplies and some plants shutting down temporarily to perform routine maintenance, which is typical this time
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Feeder cattle jump as corn costs decline; hogs extend losses

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Chicago | Reuters – U.S. cattle futures jumped over 1 percent on Wednesday, with feeder cattle prices leading the way higher after corn futures fell, traders and analysts said. Feed costs are a top expense for fattening cattle and Chicago Mercantile Exchange feeder cattle surged as corn futures turned lower from a roughly 1-1/2 month
(Regis Lefebure photo courtesy ARS/USDA)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Hog futures tumble with pork belly prices, despite China hopes

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell sharply on Tuesday, weighed down by ample supplies and tumbling prices for pork bellies that are used for bacon, traders said. Front-month August lean hogs fell 2.175 cents to 61.125 cents per pound, dropping to a life-of-contract low for the fourth consecutive session. Most-active

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