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(Geralyn Wichers photo)
Livestock, Markets

U.S. livestock: CME live cattle ease despite cash market support

Despite losses, supportive fundamentals remain for live cattle

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased on Wednesday, pressured by macroeconomic weight as a downgrade that stripped the U.S. of its top credit rating rippled throughout markets, analysts said. Despite losses, supportive fundamentals remain for live cattle. “We’re still going into smaller numbers,” said Joe Kooima, commodity broker at Kooima
“There’s a lot that we can do to provide support to producers who are willing to try things ... and I think that there’s a lot of ground to be gained.” – Aaron Knodel.
Beef cattle, Livestock

Low emitting cow-calf farms move in step with profitability

The variability of the cow-calf sector means there are many levers to pull to increase financial, environmental sustainability, says researcher

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A study benchmarking cow-calf profitability against greenhouse gas intensity suggests profitable farms tend to have lower emissions, but there’s a lot of room to work on both sides of the equation. “There’s a lot that we can do to provide support to producers who are willing to try things … and I think that there’s
File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Livestock, Markets

U.S. livestock: CME live cattle firms on strong cash market

Lean hog futures eased after reaching fresh four-month highs

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures gained on Tuesday, helped by strong cash prices and technical support, analysts said. “Cash market is still hanging in there at $179 to $180 area. More than that in the north. So August was too big of a discount,” said Alan Brugler, president of Brugler
Red meat sector urges Ottawa to reject U.K. CPTPP membership
Livestock, News

Red meat sector urges Ottawa to reject U.K. CPTPP membership

The Canadian Meat Council, Canadian Cattle Association and Canadian Pork Council say they foresee many of the same regulatory headaches as they suffered with CETA

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Canada’s red meat sector is urging Parliament to reject the U.K.’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. “Fair and open market access has allowed both the beef and pork industries to thrive, so our opposition is not something we have entered into lightly or without consideration,” said Chris White, president and
(Photo courtesy Canada Beef Inc.)
Beef cattle, Livestock, Markets

Klassen: U.S. feeder markets lead Canadian prices higher

Dry conditions in Saskatchewan and parts of Alberta are moving yearlings off grass sooner than expected

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Compared to last week, Western Canadian yearling markets once again jumped $3-$5/cwt on average. Higher quality 900-pound steers are reaching up to the range of $310-$315/cwt. Comments from readers suggest that 850-900-pound steers are trading up to $315-$320/cwt. Calves in the 500-550-pound range are reaching just over the $400/cwt level. Dryer conditions in Saskatchewan and
pigs
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME lean hog futures climb on strong demand

SubtitleCattle futures were pressured by softer cash prices and uncertain consumer demand

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Chicago | Reuters – Chicago Mercantile Exchange hog futures climbed to nearly four-month highs on Monday, supported by strong demand. “Cash trade got off to a good start. There’s margin out there with where fresh pork values are at. I think that’s helping to move things along,” said Matthew Wiegand, risk management consultant at FuturesOne.
(Deyana Robova photo/iStock/Getty Images)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME lean hog futures reach one-week high

For beef processors, margins are worsening

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Chicago | Reuters – Chicago Mercantile Exchange livestock futures rose on Friday, with the hog market reaching its highest price in a week as profit margins improved for pork processors. The hog market has turned higher after dropping to a one-week low on Wednesday. Most-active October lean hog futures LHV3 ended up 1.775 cents to
Photo: MaksymTopchyi/iStock/Getty Images
Cereals, Crops, Livestock, Markets

Feed weekly outlook: wheat, barley prices still on the rise 

Demand for feed grains on the quiet side as feedlots order more United States corn says analyst

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Marketsfarm – Variable crop conditions in Alberta and Saskatchewan are contributing to rising feed grain prices on the Prairies just weeks away from harvest.  Erin Harakal, trade manager for Agfinity Inc. in Stony Plain, Alta., said while conditions in the northern half of Alberta are good in some places, areas around Red Deer and parts
Photo: Canada Beef Inc.
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Live cattle futures mixed; feeders boosted as corn slumps

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Chicago | Reuters – Feeder cattle futures on the Chicago Mercantile Exchange Group (CME) ticked up again on Thursday, bolstered by continued weakness in corn futures Cv1, while live cattle futures were mixed on somewhat sluggish cash sales, analysts said. The U.S. Agriculture Department said on Thursday morning that export sales of beef rose to 21,400

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