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“That’s your future. As my herd goes down, so does my income. It’s gut wrenching.” – Dianne Riding, cattle producer.
Livestock, News

Drought forces ranchers to sell off their future

From Manitoba to Mexico, ranchers are forced to make hard choices this season

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When rancher Dianne Riding strides across her brown pasture, sidestepping cracks and popping grasshoppers, she has less company than usual. Record-setting heat and sparse rain left Riding with too little grass or hay to feed her cattle near Lake Francis, Manitoba. She sold 51 head at auction in July, about 40 per cent of her
CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

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

Futures under pressure as equity markets slump

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Monday as late-session bargain buying only partly offset pressure from adequate cattle supplies and global economic concerns that threatened to blunt demand for beef. “The cattle market can’t seem to catch a break. Boxed beef has been trending down and there are
CME December 2021 lean hogs (candlesticks) with Bollinger bands (20,2) and CME cash lean hog index (grey line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs extend gains in recovery from slide

Cattle futures follow boxed beef lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Friday extended a rebound from a selloff that dragged the market to its lowest prices since February this week, while cattle futures sagged. The hog market was due for a correction to the upside after the most-active December contract fell 13.5 per cent from
CME December 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hog futures rise from February low

December live cattle close lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Thursday, as the market recovered from a decline to its lowest prices since February. Technical buying helped support prices, while concerns about waning U.S. pork exports continue to hang over the market, analysts said. The U.S. Department of Agriculture reported 2021 export sales
CME December 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs hit six-month lows

Chicago cattle futures rebound

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest prices in more than six months on Tuesday, while cattle futures recovered a day after hitting June lows on concerns about a fire at a major Nebraska beef plant. The hog market extended recent losses under pressure from concerns about the
A field tour participant examines the wider corn rows and multi-species intercrop that will provide extended grazing for MBFI’s herd later this year.
Crops, Forages

Tweaking the recipe for higher-quality, lower-labour corn grazing

Intercropping could reduce grain overload and need for supplemental hay

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An intercropped corn-grazing trial at the Manitoba Beef and Forage Initiative (MBFI) is hoping to improve on an already cost-effective way to winter cattle. Organizers say there’s still some work to do, but the demonstration research farm north of Brandon added yet another year of data to their ongoing study mixing corn grazing with a mixed-species forage intercrop. Researchers
(JBSS.infoinvest.com.br)
Beef cattle, Livestock, Markets

JBS plans to reopen Nebraska beef plant damaged in fire

'Primary production areas' not hit

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Chicago | Reuters — JBS USA on Monday halted production at a Nebraska beef plant that slaughters about five per cent of U.S. cattle due to a fire, but said the company expects to resume operations on Tuesday. The temporary closure highlighted concerns among lawmakers and ranchers that the U.S. is vulnerable to supply disruptions

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