Beef Cattle Archives - Page 5 of 93

U.S. livestock: Supply concerns drive CME live cattle to new contract high

By GFM Network News, Tom Polansek October 26, 2022

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed higher and reached a new contract high on Wednesday amid concerns about tightening U.S. supplies, brokers said. Strong recent gains have left the market technically overbought and due for a setback, brokers said. “We’ve had a nice rally here,” said Matt Wiegand, commodity broker

Livestock Markets, Markets

Prices strong going into fall months

Manitoba markets resume full speed in the next couple of weeks

By Adam Peleshaty – MarketsFarm September 2, 2022

The week ended Aug. 25 marked the beginning of the unofficial end of summer for cattle auction sites in Manitoba. Grunthal Livestock Auction Mart, as well as the two Heartland Livestock Services facilities at Brandon and Virden, hosted regular sales during the week, with 753 cattle moving through the rings. On Aug. 30, Gladstone Auction Mart

Beef cattle, Livestock Markets, Markets

High prices continue as fall run approaches

Feed supplies and beef demand are both expected to be healthy

By Adam Peleshaty August 25, 2022

Prices for butcher cattle remain high just weeks before auction sites in Manitoba begin their fall run. Three auction facilities in the province — Grunthal, Virden and Winnipeg — all hosted regular sales for the week ended Aug. 18. At those sites, D1 and D2 cow prices were between $95 and $112 per hundredweight, while

Beef cattle, Livestock, Markets

JBS quarterly profit falls almost 10 per cent but tops estimates

Cattle prices 'above the expected level'

By GFM Network News, Reuters August 12, 2022

Sao Paulo | Reuters — JBS, the world’s largest meatpacker, posted an almost 10 per cent drop in net profits, to US$766 million, driven by the relative weakness of its U.S. beef and pork units in the second quarter, according to an earnings statement on Thursday. Still, it beat analysts’ forecasts. JBS reported a 4.6

Beef cattle, Livestock

National cattle producer group rebrands

Former Canadian Cattlemen's Association renamed

By Dave Bedard, GFM Network News July 7, 2022

Canada’s national beef cattle producer body is rebranding under a slightly shorter new name that serves in part to clear away any potential whiff of a guys-only club. The organization formerly known as the Canadian Cattlemen’s Association on Thursday launched what it describes as a “a new brand identity, highlighting the strong and diverse group

Manitoba cattle sales for the week ending May 27, 2022.

Beef cattle, Livestock, Livestock Markets, Markets

Livestock markets: Numbers shrink at sales as prices remain firm

High feed costs continue to put pressure on cattle values

By Glen Hallick - MarketsFarm June 2, 2022

In seeing reduced numbers of cattle coming to auction, Scott Anderson of Winnipeg Livestock Sales noted “the quiet time of the year” has begun. “A lot of guys have either turned their cattle out or are just trying to get going on the land,” Anderson said. In terms of quality, he said the ordinary cattle or plain cattle

Mud is impacting many farms and ranches this spring.

Beef cattle, Livestock

Reduce muddy conditions for livestock health

By North Dakota State University May 25, 2022

With mud impacting many farms and ranches throughout the region, North Dakota State University Extension specialists offer tips for protecting livestock health and managing muddy conditions. “When cattle get wet, their hair lies down and loses insulation value,” says Zac Carlson, NDSU Extension beef cattle specialist. “Mud will further reduce the insulation value of hair coats. Cattle become chilled quicker

Livestock Markets, Markets

Blizzard to bring pain, gain for cattle producers

By Adam Peleshaty April 21, 2022

Cattle producers and auction sites in Manitoba had decisions to make regarding a major blizzard hitting the southern half of the province on April 13-14. The storm dropped more than 30 centimetres of snow with higher amounts in western Manitoba. The Colorado low brought winds gusting to 70 km/h, closed all major highways and prompted

CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

Livestock, Markets

Klassen: Feeder market showing strength in deferred positions

By GFM Network News, Jerry Klassen March 29, 2022

Compared to last week, western Canadian yearling prices were $3-$5 lower on average while calves traded steady to $4 lower. Outside central Alberta, the steer-heifer spread appeared to widen by $2-$4. Strength in corn futures contributed to the defensive tone. Feedlot operators buying hand-to-mouth have been caught off guard with the recent jump in feed

CME June 2022 live cattle (green and red candlesticks) with 20-day moving average (black line) and December 2022 live cattle (dark red candlesticks). (Barchart)

Livestock, Markets

Klassen: Feeder cattle market experiences volatility

By GFM Network News, Jerry Klassen March 15, 2022

Compared to last week, western Canadian yearling markets traded $2 higher to as much as $5 lower depending on the region. Mid-weight calves weighing 650-800 lbs. were relatively unchanged while lighter weight calves were steady to $3 higher on average. June live cattle are off $9 from their mid-February highs while the December 2022 live

Daily Network News

U.S. grains: Soy hits 17-month high, corn to four-month top as trade braces for U.S. data

Federal budget shows remaining disconnect between agriculture, policymakers, panelists say

U.S. livestock: Cattle futures continue downward

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