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CME August 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle rally to contract highs

July lean hogs also higher

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures rallied to fresh contract highs on Tuesday, supported by technical buying and strength in the cash market, traders said. Livestock traders did not see any reason to disrupt the recent trend at a time of strong seasonal demand, with traditionally active grilling holidays such as Father’s
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Texas flooding lifts Canadian feeder market

Fed cattle in counter-seasonal trend

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For the week ending Sunday, western Canadian feeder cattle markets traded $6-$8 higher. In some cases, quality yearling packages traded as much as $10 above week-ago levels. Live and feeder cattle futures closed the week US$8-$9 higher as traders monitored flooding conditions in Texas. Alberta packers were buying fed cattle on a live basis in
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures rise, hog futures dip

Wholesale pork highest since mid-November

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Chicago | Reuters — Chicago Mercantile Exchange extended their rally on Monday, with strong cash prices and technical buyers pushing the market higher. Live cattle contracts have risen for eight straight sessions and feeder cattle contracts have posted gains for five sessions in a row. But hog futures closed weaker even as pork prices surged
The lessons learned through the BSE outbreak will hopefully safeguard the sector from experiencing anything similar in the future.  
photo: 123ducu/iStock/Getty Images
Beef cattle, Livestock, News

20th anniversary reflections on BSE

The cattle sector looks back on the crisis that rocked the industry, and the profound changes that followed

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The dates are seared in Dennis Laycraft’s brain. May 20, 2003, when the first positive test of a cow with BSE was confirmed; Aug. 10, 2003, when the U.S. and Mexico restored import access for Canadian boneless beef from animals under 30 months of age; July 14, 2005, when the U.S. reopened full access for
Livestock

Grant application deadline nears for livestock producers

Manitoba Beef Producers is urging its members to consider funding avenues that could benefit cattle farmers

By
As deadlines approach, Manitoba Beef Producers urges members to take advantage of new funding programs under the Sustainable Canadian Agriculture Partnership, the new five-year funding agreement between the federal government and provinces. “I encourage producers to look into the Sustainable Agriculture Manitoba (SAM) program and all the potential available offerings underneath it,” said general manager
Grazing mentors offer expert advice, path to on-farm funding
Livestock

Grazing mentors offer expert advice, path to on-farm funding

Mentorship program takes aim at rotational grazing knowledge gap

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A new mentor program may prompt more farmers to add rotational grazing to their management plans. The Manitoba Forage and Grassland Association (MFGA) has provided the Manitoba Association of Watersheds with access to roughly 15 grazing experts. Those experts are spread across the province and will be made available for one-on-one mentorships through the program.
CME August 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle extend rally on surging cash market

Lean hogs follow firm trend

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended their run of life-of-contract highs on Friday, supported by a jump in cash cattle prices this week along with rising beef prices, traders said. Benchmark CME August live cattle futures settled up 0.525 cent at 172.9 cents/lb. after posting a contract high at 174.25
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle soar as cash prices explode

Lean hog futures mostly lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures surged on Thursday as cash cattle traded as high as US$180/cwt in Texas and Kansas, up to US$9 higher than last week, reflecting strong demand from meat-packers amid rising beef prices and tightening cattle supplies, traders said. CME’s most-active August live cattle futures contract settled
CME July 2023 lean hogs with Bollinger bands (20,2) and CME’s cash lean hog index (brown line). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs bounce on short-covering

Cattle futures up with beef prices, tighter supplies

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Chicago | Reuters — Benchmark July lean hog futures on the Chicago Mercantile Exchange jumped nearly five per cent on Wednesday, extending their two-day rally to 11 per cent on a round of bargain-buying following a months-long slump, traders said. CME July hogs settled up 3.8 cents at 83.325 cents/lb., while front-month June hogs ended

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