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CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, red lines) and August 2021 feeder cattle (black line). (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hog futures sag on technical selling

Wholesale beef prices supportive

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Chicago | Reuters — U.S. cattle futures closed lower on Wednesday on lacklustre cash markets, soaring feed costs and technical selling, traders said. Chicago Mercantile Exchange June live cattle futures settled down 1.95 cents at 117.25 cents/lb., with chart-based selling accelerating as the contract fell below its 100-day moving average near 117.65 cents (all figures
Cattle can get stuck or go down when being processed
Beef cattle, Livestock

Cattle can get stuck or go down when being processed

Beef 911: Watch for balking and think prevention when it comes to alleyways and chutes

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Large cows or bulls can get stuck or go down in a chute or an alleyway system, and that can cause losses or welfare issues. I have trained myself to really watch when cattle balk at certain points of a handling system as there is often a very good reason for this, and one that deserves attention. In some cases
(Assnat.qc.ca)
Livestock, Markets

Set-aside funded for Quebec hog, cattle, big game producers

Feds, province pledge $21.8 million AgriRecovery plan

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Farmers tending feeder hogs, fed cattle and big game animals such as elk, red deer, bison and wild boar in Quebec can expect $21.8 million in AgriRecovery to compensate for COVID-19’s drag on the province’s slaughter capacity. Federal Agriculture Minister Marie-Claude Bibeau and her Quebec counterpart Andre Lamontagne on Thursday announced their governments’ respective 60-40
CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Hogs limit-down on profit-taking

Cattle futures continue lower

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Chicago | Reuters — U.S. lean hog futures sank by their daily exchange-imposed trading limit on Thursday as profit-taking overwhelmed the market following blistering rallies, analysts said. The setback is a turnaround from gains that have lifted profits for pig farmers after they struggled last year when the COVID-19 pandemic reduced restaurants’ demand for meat
CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs limit-down off highest in nearly seven years

Follow-through selling drags on live cattle

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Chicago | Reuters — Chicago Mercantile exchange lean hog futures dropped sharply on Monday, with numerous contracts closing down the daily three-cent limit on a round of profit-taking after the front-month contract hit its highest since June 2014 last week. “We have had a strong run and we are coming up a little bit short

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