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CME December 2022 lean hogs (candlesticks, right column) with 20- and 100-day moving averages (brown and black lines) and CME cash lean hog index (pink line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs down on weak pork prices, macroeconomic fears

Chicago cattle also end lower ahead of report

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell nearly two per cent on Wednesday as falling wholesale pork prices and worries about the health of the global economy triggered a round of long liquidation, traders said. CME October lean hogs settled down 1.55 cents at 94.425 cents/lb. and most-active December hogs fell
cow and calf
Beef cattle, Livestock

Birthweight isn’t as straightforward as it should be

Beef 911: Believe it or not, the methods for determining this critical number can vary a great deal

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Purebred producers diligently weigh their calves to give the purebred bull purchasers an accurate prediction, adding that information to data on bull selection and calving ease. It is highly heritable, so birthweight and birthweight EPDs, as well as calving ease, are usually listed in bull sale catalogues. Purebred and commercial products need to be aware of several
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle firm on strong cash trade

Nearby hogs lower despite cash strength

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Chicago | Reuters — Chicago Mercantile Exchange live cattle strengthened on Tuesday, underpinned by strong cash markets and tight supplies of market-ready cattle, though recession fears limit gains, traders said. “We saw some pretty strong cash trade in the western corn belt yesterday,” said Alan Brugler, president of Brugler Marketing. “Our long-term bias is higher,
The 2022 CYL semi-finalists at the Canadian Beef Industry Conference. James Kinley (middle row, far left) and Stefan Bouw (top row, second from right).
Beef cattle, Livestock, News

Cattle mentorship program invests in next generation

Young producers see it as a way to shorten the learning curve

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Two Manitobans are among the 16 finalists for the Cattlemen’s Young Leaders (CYL) Mentorship Program, a national youth initiative of the Canadian Cattle Association (CCA). Every year, the mentorship program selects a group of young leaders interested in any area of the beef supply chain and matches them with a mentor in their area of interest.
CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle mixed

Tight supplies underpin futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed to firmer on Monday, supported by diminished supplies of market-ready cattle that should be reflected in the U.S. Agriculture Department’s monthly Cattle on Feed report, due Friday. “It’s been a slow climb, but it’s also predicated on very large demand,” said Dennis Smith,
CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs end firmer, live cattle stumble

Feeder cattle futures mixed

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher on Friday as the market moved up toward cash prices, analysts said. October lean hogs closed 0.85 cent stronger at 96.9 cents/lb. (all figures US$). The contract earlier in the session rose to 96.925 cents, its highest price since Aug. 23. Most-active December
CME December 2022 lean hogs (candlesticks, right column) with 20-day moving average (brown line) and CME cash lean hog index (pink line, left column). (Barchart)
Livestock, Markets

U.S. livestock: December lean hogs hit four-week high

CME live cattle also finish stronger

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures touched a four-week high on Thursday on technical buying and concerns about tightening supplies, analysts said. Demand from pork processors helped underpin futures as packers’ profit margins improved, a broker said. Margins were estimated to be $2.45 per hog, up from a loss of $4.15
“There’s no doubt that cash flow has been extremely tight in the industry, especially after the drought last year, there’s not a huge appetite to be buying in at current prices when everything is just so fresh.” – Tyler Fulton, Manitoba Beef Producers.
Beef cattle, News

Cattle crunch: Tug of war on herd rebuilding prospects

Better prices mean a better outlook for the cattle sector, but will that be enough for producers who feel like they’ve had enough?

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It was a tough spring, coming off a tough winter, coming off an even tougher drought year in 2021, but there is finally pay off in the sales ring for cattle producers. Tyler Fulton, president of the Manitoba Beef Producers, estimates that local calf prices are 30 to 50 cents per pound higher than at
CME October 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures fall

Cattle futures mixed

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Chicago | Reuters — U.S. hog futures fell on Wednesday, turning lower on a round of profit-taking after the most-active December contract hit its highest in more than three weeks early in the trading session. Cattle futures were mixed, with live cattle contracts easing for the second day in a row while feeder cattle futures

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