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Comment, Op/Ed

Comment: Affordability key to participation in beef programs

Canadian beef producers don’t enjoy the support their counterparts in the U.S. do

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I wanted to applaud the recent Manitoba Co-operator editorial “A tale of two programs.” I read it in Alberta Farmer, where it was reprinted. As chair of the Alberta Beef Producers, it reflected many of my own views through this drought. We began to realize on July 9 that crops and cattle feed were deteriorating
CME December 2021 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures extend rally on USDA data

Feeder cattle up on bargain-buying

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rose on Tuesday for a fourth straight session as traders continued to digest Friday’s U.S. government report that signaled tighter hog supplies into 2022, analysts said. CME October lean hogs settled up 1.425 cents at 91.675 cents/lb. and the benchmark December contract rose 2.025
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market holds value

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Compared to last week, western Canadian yearling markets traded $2-$4 on either side of unchanged; calf prices held value, but there were pockets like Lethbridge where values were $2-$4 higher. Alberta packers were buying fed cattle on a live basis in the range of $156-$158. If an Alberta feedlot booked its feed grains in April
CME December 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs surge on bullish USDA data

Chicago cattle futures sag

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures soared on Monday, with the most-active December contract rising its daily limit after a quarterly U.S. Department of Agriculture report showed a smaller-than-expected U.S. hog herd. CME October lean hogs settled up 2.975 cents at 90.25 cents/lb., and the December contract rose its daily
CME October 2021 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs rise, live cattle slip ahead of USDA reports

Cattle on feed top trade estimates

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures climbed on Friday, largely supported by positioning ahead of a key hog inventory report issued by the U.S. Department of Agriculture (USDA) after the close, analysts said. Higher cash pork prices and the still-wide discount of futures to cash hog prices were also supportive.
Manitoba’s fall cattle run begins
Livestock Markets, Markets

Manitoba’s fall cattle run begins

Busier sales have led to a wider range of prices

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The fall cattle run shifted into full gear as all eight Manitoba cattle auction sites conducted regular sales during the week ended Sept. 16. Rains helped extend the pasture season during the previous week, keeping many cattle producers at home. However, the season could only last so long, as producers decided it was time to
CME October 2021 lean hogs (candlesticks) with 20-day moving average (dark red line) and cash lean hog index (pink line). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs firm on China’s herd restrictions

Cattle mixed to lower ahead of report

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures firmed on Thursday, after China lowered its sow herd targets in an effort to ensure supply and stabilize prices. China’s ministry of agriculture and rural affairs said the target for its sow herd was now around 41 million head for 2021-2025 and should be
The pandemic taught us many lessons in the animal health field
Beef cattle, Livestock

The pandemic taught us many lessons in the animal health field

Beef 911: The supply chain stayed strong and co-operation made it stronger, and that’s very important

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The direct contact between veterinarians and producers and pharmaceutical reps and technical services veterinarians has begun to open up again. Each pharmaceutical company had different restrictions on travel and rules on in-person contact and, of course, are fully abiding by the local health rules of the different provinces. The good news is that during the pandemic, the manufacturing and
CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle follow packer demand down

Lean hog futures also lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, pressured by weak cash cattle trade as packer demand remains light, analysts said. “The lack of bids is daunting,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc. Kooima noted packers have enough cattle purchased on negotiated contracts to meet

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