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(PBouman/iStock/Getty Images)
Livestock, Markets

Klassen: Feeder market price discovery continues

Ontario buying interest leading Prairie market

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In last week’s issue, we mentioned there was a large discrepancy in prices across Western Canada. Compared to the third week of December, prices in Manitoba were up $8/cwt to as much as $15/cwt, while Alberta markets were steady to $2/cwt higher. This past week, feeder prices in the eastern Prairie regions were relatively unchanged
Quebec hog producer Rene Roy is the new chairman of the Canadian Pork Council. (Cpc-ccp.com)
Hogs, Livestock

Canadian Pork Council names new top brass

Rene Roy elected as council's new chair

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A few weeks after hiring a new executive director, members of the Canadian Pork Council have also chosen their new board chair and first vice-chair. The council on Tuesday announced it had elected Rene Roy, a hog producer from St-Jules in Quebec’s Beauce region, as its new board chair, and Scott Peters, a producer from
CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle end firm on tight supplies, lower weights

Hogs mixed on weak cash prices, higher cutout

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mostly firm on Friday, underpinned by tight supplies and as harsh winter weather in recent weeks lowered cattle slaughter weights and limited beef production, traders said. Live cattle futures prices remained bound in a recent trading range as cash cattle prices at Plains feedlot
Hogs, Markets

Pork cutout sinks, dragging down lean hog prices

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Reuters – Weak cash hog prices and lower pork values dragged the market to a fresh three-month low Jan. 11, traders said. Pork packer margins have eroded and the closely followed cash wholesale pork cutout value fell to the lowest level in nearly two years on the same day. “The anchor on the hogs is
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs end mixed, cattle mostly lower

Corn's rally put pressure on feeder cattle futures

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mixed on Thursday, with actively traded nearby months down on weak pork prices and dull demand, while deferred contracts rose on expectations for tighter supplies in coming months, traders said. The February hog contract was down for the 10th time in 11 sessions and
CME February 2023 lean hogs with 20-day moving average (pink line) and CME cash lean hog index (purple line). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs drop as pork cutout sinks to near two-year low

Cattle futures also follow beef values lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday for the ninth time in 10 sessions as weak cash hog prices and lower pork values dragged the market to a fresh three-month low, traders said. Pork packer margins have eroded and the closely followed cash wholesale pork cutout value fell on
Coccidiosis can cause major damage to the intestinal wall in calves, and even death.
Livestock, News

Coccidiosis can affect calves

Coccidiosis is an intestinal parasite that may contaminate feed and water

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Ranchers have seen calves with signs of coccidiosis this fall and winter, according to Gerald Stokka, North Dakota State University Extension’s veterinarian. Coccidiosis is an intestinal disease that affects several different animal species. In cattle, it may produce clinical symptoms in animals from one month to one year of age. Coccidia is a protozoan parasite
(Photo courtesy Canada Beef Inc.)
Beef cattle, Livestock, Markets

Klassen: Feeder market looks upward

Quality of available cattle contributes to volatility

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Western Canadian feeder cattle prices were quite variable. Compared to three weeks ago, Alberta prices were steady to $2/cwt higher while in Saskatchewan, prices were $8-$10/cwt higher on average with lighter-weight cattle jumping as much as $15. For example, in central Alberta, higher-quality 800-lb. steers were trading from $230 to $235 and 600-pounders were valued
CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME hogs up off three-month low on bargain buying

Chicago cattle futures also gain

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures bounced from a three-month low on Monday and settled higher for the first time in eight sessions in a technical and bargain-buying rally to start the first full trading week of the year. Cattle futures also gained on improved packer demand following recent weeks of

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