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CME October 2023 feeder cattle with 20-, and 100-day moving averages and May 2023 feeder cattle (black line). (Barchart)
Livestock, Markets

Klassen: Weather forecasts underpin feeder market

High forage costs pose problem for cow-calf expansion

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For the week ending Saturday, western Canadian feeder cattle markets were relatively unchanged from seven days earlier. The finishing feedlot operator appears to be dominating the feeder market across all weight categories. Ontario interest was creeping all the way into Alberta, especially for Limousin-type genetics. There were limited numbers on offer in Manitoba and Saskatchewan
CME July 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures drop to contract lows on demand woes

CME cattle futures also lower

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Chicago | Reuters — Chicago Mercantile Exchange hog futures sank to contract lows on Monday, with the market under pressure from plentiful supplies and weak demand for pork at grocery stores and on the export market. “The story remains one of a slow-to-move product market,” brokerage StoneX said in a note to clients. Cattle futures
File photo of chicks on a genetic map of a chicken. (Peggy Greb photo courtesy ARS/USDA)
Livestock

Animal health body backs bird flu vaccination to avoid pandemic

Vaccination should focus on free-range birds, WOAH chief says

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Paris | Reuters — Governments should consider vaccinating poultry against bird flu, which has killed hundreds of millions of birds and infected mammals worldwide, to prevent the virus from turning into a new pandemic, the head of the World Organization for Animal Health (WOAH) said. The severity of the current outbreak of avian influenza, commonly
A microscope-level view of damaged brain tissue from a cow infected with BSE. (USDA photo via U.S. Food and Drug Administration)
Beef cattle, Livestock

U.S. reports case of atypical BSE

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Chicago | Reuters — The U.S. Department of Agriculture (USDA) announced on Friday an atypical case of bovine spongiform encephalopathy (BSE), in an older beef cow at a slaughter plant in South Carolina. USDA said the animal never entered slaughter channels and the agency did not expect any trade impacts as a result. It was
CME August 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures rally

Hog futures slide to new lows; USDA cattle report seen as neutral

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Chicago | Reuters –– Chicago Mercantile Exchange cattle futures rose on Friday in a bout of technical trading, as cash prices remained relatively steady and investors positioned themselves ahead of the monthly U.S. Department of Agriculture (USDA) report, traders said. On the pork side, a second day of volatile trading across lean hog futures resulted
CME August 2023 feeder cattle with 20-day moving average (red line, right column) and CBOT July 2023 corn (yellow line, left column). (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures up ahead of USDA feedlot data

Hog futures mixed; U.S. pork export sales up on week

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Thursday on technical buying and position-squaring ahead of a monthly U.S. Department of Agriculture (USDA) report that is expected to show fewer cattle in U.S. feedlots compared to a year ago, traders said. CME June live cattle settled up 0.7 cent at 165.525
Smoke from active wildfires in Alberta’s north and west hangs over Calgary on May 16, 2023. (Photo: Reuters/Leah Hennel)
Livestock, Other, Weather

No respite expected for wildfire-hit Alberta

Forecasts call for fire conditions to worsen

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Ottawa | Reuters — Abnormally hot and dry weather is set to return to Alberta on Thursday after a couple of cooler days helped calm wildfires that have forced thousands of evacuations in the province. Record-high temperatures and tinder-dry vegetation have led to an intense, early start to wildfire season in Western Canada this year.
The Verkhovna Rada building, home to Ukraine’s parliament, in Kiev. (Cia.gov)
Livestock

Ukraine lifts barriers to exports of some farm goods

Export licenses were in place to maintain domestic supplies

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Kyiv | Reuters — Ukraine has removed barriers to the export of some agricultural commodities, imposed last year to prevent food shortages, in a bid to boost foreign currency income, its government said on Tuesday. The country introduced export licences in 2022 to protect food supplies after agricultural production was hit by Russia’s invasion. While
CME June 2023 lean hogs with 20- and 50-day moving averages and CME cash lean hog index (blue line). (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs pressured by cheap cash prices, softer pork prices

Nearby live cattle higher, feeder cattle down

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures declined on Wednesday, snapping a three-session advance, pressured by a discounted cash hog market and declining wholesale pork prices, traders said. CME June lean hog futures settled down 2.325 cents at 84.875 cents/lb. and the July contract fell 2.575 cents to end at 85.55 cents
Members of the Third Princess Patricia’s Canadian Light Infantry (3PPCLI) take part in wildfire prevention operations near Grande Prairie, Alta. on May 12, 2023. (Photo: MCpl, Cass Moon/Canadian Forces/Handout via Reuters)
Livestock, Other, Weather

Air quality deteriorates as wildfires rage in Western Canada

Evacuations continue in Alberta, B.C., Saskatchewan

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Reuters — Calgary received a special weather alert on Tuesday, warning residents of poor air quality and reduced visibility as tinder-dry weather and shifting winds elevated the risk of spreading wildfires in Alberta’s north and west. As of Tuesday evening 89 wildfires are active in Alberta, with 25 out of control, according to the provincial

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