Beef cattle & Farming Articles - Manitoba Co-operator

U.S. livestock: CME live cattle futures losses mount; hogs rally

By GFM Network News, Theopolis Waters November 7, 2016

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures closed lower for a fourth straight session on Monday, led by initial technical selling and a retreat in wholesale beef values, said traders. Most actively traded December live cattle closed 1.075 cents per pound lower at 101.650 cents, and settled nearly par with the 40-day moving average

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle, hog futures extends losses

By GFM Network News, Theopolis Waters November 4, 2016

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures on Friday settled in negative territory for the third straight day after cash prices fell short of investors’ expectations, said traders. CME live cattle losses mounted after falling below technical support levels, which triggered sell stops and fund liquidation. Most actively-traded December live cattle closed 1.350 cents

Beef cattle, Livestock

Alberta Beef Producers call for TB financial support

By GFM Network News, Manitoba Co-operator Staff November 4, 2016

With cattle under quarantine in parts of Alberta after a TB case was discovered in an animal from that province at a U.S. slaughter facility, the bills are starting to stack up. Alberta Beef Producers (ABP) recently said in an online publication that a significant number of herds have been quarantined and the producers notified.

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Live cattle, hog futures stumble on profit-taking

By GFM Network News, Theopolis Waters November 3, 2016

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures finished lower on Thursday, hit by profit-taking and early-session technical selling, traders said. Investors sold the October contract and simultaneously bought deferred months, in a trading strategy known as bear-spreading. Most actively traded December live cattle closed 1.300 cents per pound lower at 104.075 cents, and February

(Regis Lefebure photo courtesy ARS/USDA)

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Hogs surge on technical buying, cattle mostly higher

By GFM Network News, Michael Hirtzer November 2, 2016

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures soared three per cent on Wednesday, rebounding on technical buying from the steep losses seen in the previous session, traders and analysts said. Cattle futures also were mostly higher, even as some contracts edged slightly lower after hitting one-month peaks. Higher prices for wholesale beef

Beef cattle, Livestock

Bovine TB case probed in southeastern Alberta

By GFM Network News, Manitoba Co-operator Staff November 1, 2016

About 30 farms in southeastern Alberta are under federal quarantine as federal and provincial officials try to track down cattle exposed to bovine tuberculosis (TB). The investigation follows a notice in late September from the U.S. Department of Agriculture that a cow from Alberta had tested positive for bovine TB at a U.S. slaughter plant.

Beef cattle, Livestock, Markets

Klassen: Feeder market bounces off the lows

By GFM Network News, Jerry Klassen November 1, 2016

Western Canadian feeder cattle markets experienced a week-over-week gain of $5 to $8. Strength in live cattle futures, along with the weaker Canadian dollar, rejuvenated buying interest amongst feedlot operators across the Prairies. Alberta packers were buying fed cattle in the range of $222 to $227 on a dressed basis, which was also up $2

Beef cattle, Livestock Markets, Opinion

BeefTalk: Lower prices need lower costs

The first step to lowering costs is knowing the costs

By Kris Ringwall October 31, 2016

The daily CattleFax report just popped into my email and was not the positive news one would like. The Oct. 10 values were $98.87 for live cattle and $124.65 for feeder cattle (all figures U.S. funds). I had a simple thought: “What, two-digit live-cattle prices!” My second thought: “We have got to get costs down!”

Beef cattle, Local news

Manitoba Beef Producers’ district meetings begin

Director elections and input on herd expansion needs top the agenda

By Manitoba Co-operator Staff October 28, 2016

The Manitoba Beef Producers has begun its annual fall district meeting series. The first of 14 district meetings kicked off Oct. 24 in Ashern and signals the start of an important time for directors and staff as they meet with members to discuss the organization’s activities on their behalf, says MBP president Heinz Reimer. “We

Beef cattle, Livestock, Markets

Klassen: Feeder market lacks buying interest

By GFM Network News, Jerry Klassen October 24, 2016

In a market profile, trader Peter Steidlmayer clarified that markets go up because there is no selling and markets go down because there is no buying. Western Canadian feeder markets were a perfect example of this market theory, as prices experienced a week-over-week decline of $10-$15. Feedlot operators once again sat on their hands with

Daily Network News

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Beef cattle

U.S. livestock: CME live cattle futures losses mount; hogs rally

U.S. livestock: CME live cattle, hog futures extends losses

Alberta Beef Producers call for TB financial support

U.S. livestock: Live cattle, hog futures stumble on profit-taking

U.S. livestock: Hogs surge on technical buying, cattle mostly higher

Bovine TB case probed in southeastern Alberta

Klassen: Feeder market bounces off the lows

BeefTalk: Lower prices need lower costs

Manitoba Beef Producers’ district meetings begin

Klassen: Feeder market lacks buying interest

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