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(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Stronger fed cattle market pulls feeders upward

Feedlots becoming more current with production

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Compared to last week, western Canadian yearling and calf markets were quoted steady to $5 higher on average. Strength was noted in southern Alberta. In the Lethbridge area, prices for lighter flesh replacements were up as much as $10 from seven days earlier. Larger supplies of backgrounded cattle are coming on the market at this
CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: June live cattle, hogs continue lower

Feeder cattle also down on day

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Chicago Mercantile Exchange’s most-active June live cattle and lean hog contracts continued on a downward track in Monday’s trade. June live cattle closed Monday at $155.525, beneath the lower end of its 20-day Bollinger range and down 87.5 cents from Friday’s close (all figures US$ per hundredweight). Front-month April, meanwhile, opened near its 50-day moving
The critical role of magnesium in horse health
Columns, Livestock

The critical role of magnesium in horse health

Short-changing a horse on magnesium can impact both physical health and temperament

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Magnesium is an essential macro-mineral that plays a crucial role in the health and wellbeing of horses. It is essential for more than 350 biochemical processes in the body of the horse, including generation of cellular energy and decoding genetic information. Understanding the importance of magnesium at the cellular level and its impact on health issues can help
CME April 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Nearby CME lean hogs recover slightly from slide

April cattle futures lower; U.S. cattle on feed in line with expectations

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended slightly higher in the nearby contract on Friday in a rebound from steep declines this week, though deferred contracts extended losses, traders said. Lower cutout values continue to hang over the futures market, along with broader pressure from market turmoil in the banking sector,
File photo of young birds on a Canadian broiler operation. (Elena Bionysheva-Abramova/iStock/Getty Images)
Livestock, Weather

B.C. farmers granted late entry for AgriStability

Avian flu, 'extreme weather' events considered

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With bird flu outbreaks and last spring’s weather woes in mind, farmers and ranchers in British Columbia are now spotted until the end of June to enrol in AgriStability. The province and the federal ag department on Tuesday announced they’ve agreed on a late participation option for the 2022 program year. In this case, the
(Stephen Ausmus photo courtesy ARS/USDA)
Livestock

High-path avian flu pops back up in southern Ontario

Three outbreaks in Canadian poultry this month, plus skunks

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Feather industry officials are calling for “extreme caution” among poultry farmers after cases of highly pathogenic avian influenza turned up at two southern Ontario properties in the past week. The Canadian Food Inspection Agency said it has confirmed cases of the virus detected last Friday in a backyard poultry flock in the municipality of Chatham-Kent,
CME June 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hogs limit down on disease chatter

Chicago cattle futures close higher

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank by the maximum daily trading limit on Thursday on rumours about a potential outbreak of a fatal pig disease which the U.S. government later said were untrue. Unsubstantiated chatter about a U.S. case of African swine fever swirled in the market, but the U.S.
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle set multi-week lows as bank selloff hits Wall Street

April hogs, feeder cattle also lower

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled to multi-week lows on Wednesday as losses in U.S. stocks and fears about a banking crisis spilled into livestock markets, analysts said. The Dow and S+P 500 closed lower as problems at Credit Suisse piled more pressure on the banking sector. Declines in equities hit
(WPohlDesign/iStock/Getty Images)
Livestock, Markets

Klassen: Feeder market scaling fresh heights

Heifer retention expected in U.S. this spring

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Compared to last week, western Canadian yearling markets traded $5 to as much as $10 higher. Replacements in the 650- to 800-lb. category were up $6-$12; calves under 650 lbs. were relatively unchanged although volumes were limited. Lightweight calves were hard to come by last week. Weather may have been a factor. Many factors contributed
CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hogs decline amid demand worries

April feeder cattle lowest since March 3

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Chicago | Reuters — Chicago Mercantile Exchange livestock markets ended lower again on Tuesday, with cattle and hog futures easing on demand concerns, analysts said. Front-month feeder cattle futures hit their lowest price since March 3, extending a retreat from a 2015 high reached last week. Front-month live cattle, meanwhile, touched a three-low on Monday.

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