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CME October 2020 lean hogs with 20-, 100- and 200-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures rise as cash values firm

Live cattle follow cash cattle, beef prices lower

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Chicago | Reuters — U.S. lean hog futures rose on Wednesday, reaching a four-month high on firming cash hog prices, optimism about pork demand and technical buying, analysts said. The Chicago Mercantile Exchange October lean hog futures contract settled above its 200-day moving average, rising 1.475 cents to end at 61.375 cents/lb. after reaching 61.725
Vernette and Jim McIntosh pose with “Ruby,” a Miniature Hereford cow, on their farm near Poplarfield, Man.
Faces of ag, Farmit Manitoba

Miniature Herefords capture hearts (and stomachs) in the Interlake

Faces of Ag: McFinn Acres is home to a menagerie of farm animals, but miniature cattle are front and centre

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From the moment you drive onto Jim and Vernette McIntosh’s yard, you’ll know one thing: They love animals. Ten dogs, ranging in size from a Great Pyrenees to a little, grey terrier, bound over for a friendly greeting. An elderly goat named Goober shuffles over to make your acquaintance while a tom turkey struts across
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Yearling markets mixed

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Compared to last week, yearling prices for western Canadian were down $2-$5 on average with the exception of southern Alberta where prices were relatively unchanged. Major feedlots in the Lethbridge area focused on local cattle which contributed to the firmer tone. Outside of Feedlot Alley, weakness in the deferred live cattle futures had buyers on
Livestock Markets, Markets

Cattle prices strong heading into autumn

Fed cattle prices remain slightly depressed

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Feeder cattle prices have recovered to levels seen this time last year, due largely to strong demand for cattle coming off the grass. “Last week, we were steady to five cents per pound higher when compared to last year,” said Brian Perillat, senior analyst at Canfax in Calgary. “Calf and feeder markets are doing well,
CME October 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures hit four-month high on export hopes

Post-Labour Day beef demand in doubt

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Chicago | Reuters — Strong export demand for U.S. pork pushed Chicago Mercantile Exchange lean hog futures to a four-month high on Friday. Traders are optimistic China, the world’s biggest pork consumer, will remain a strong buyer, after the U.S. Department of Agriculture reported strong weekly export sales on Thursday. Chinese importers have been bringing
Screenshot of the Gulf Livestock 1 from the website of Dubai-based shipping company Gulf Navigation. (GulfNav.com)
Livestock, Weather

More than 40 crew missing after cattle ship capsizes in storm off Japan

Rescued crew member says engine failed, wave capsized ship

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CORRECTED/UPDATED, Sept. 3 — Tokyo/Wellington | Reuters — More than 40 crew members were missing after a ship carrying cattle from New Zealand to China capsized in stormy weather in the East China Sea, the Japanese coast guard said Thursday. A lone crew member from the Gulf Livestock 1 had been rescued so far. Three
CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle touch late-July lows on demand jitters

U.S. pork export data due out Thursday

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday dropped to their lowest prices since July amid uncertainty about how much U.S. demand will decline as the summer grilling season draws to a close. Beef and cattle prices are often weak this time of year as demand weakens. This year, closures of
CME October 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle consolidate up off one-month low

CME hogs up as trade watches China

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday rose for a second consecutive session as the market consolidated after touching a one-month low on Monday, brokers said. Weakness in the cash market for U.S. cattle has hung over futures prices recently, but some traders said they hope the markets will not

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