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CME April 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hogs firm amid market uncertainty

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures climbed on Monday as traders attempted to make sense of changing trade restrictions and allowances. “The market’s trying to sort out all these trade protection measures,” said Alan Brugler, president of Brugler Marketing. “Everybody seems to want imports, and nobody wants to export anything.” CME April
CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs, cattle rise as grain markets stabilize

Bargain buying supports cattle

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Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Friday, supported by technical buying, traders said. Cattle futures also were firm, bouncing back from two days of declines on some end-of-week bargain hunting. Signs of stability in the grain and soy markets after wild volatility since Russia’s invasion of Ukraine added support to
CME April 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Cattle down on cash weakness, technical selling

Chicago lean hogs mixed

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Thursday, with weakness in the cash markets pressuring futures, traders said. Some follow-through selling in cattle also was noted after sharp declines on Wednesday, Pork futures were mixed, with the most-active April contract falling after a government report showed a sharp drop in exports
‘The weaned calf headed for newly found freedom west of the livestock yards on the flatlands along the Assiniboine River.’ (image dramatization)
Farmit Manitoba

Git along little dogie: Wayward steer makes the TV news

The local news crew captured the event for posterity, but they weren’t much help

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This rodeo event never made it into the big-time scene. The action never attracted much of a crowd. The participants never scored a windfall of prize money. However, it did make the Brandon TV news that evening long ago. When we four farm boys got home on the school bus that day in November 1976,
CME May 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME futures slide on U.S., global economic fears

Inflation 'starting to spook' consumers

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Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures fell sharply on Wednesday, as Russia’s invasion of Ukraine continued to fuel worries about the health of global and domestic economies, traders said. The livestock market also followed a slump in grain and oilseed futures, which continued to be rattled by global
CME April 2022 live cattle (candlesticks) with 20-, 100- and 200-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle firm, hogs rebound

Hogs up off lowest since Feb. 4

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on a round of technical buying on Tuesday after snapping an eight-session losing streak on Monday, traders said. Hog futures rallied on a bargain-buying bounce after sinking to their lowest in more than a month and feeder cattle futures also were firm. CME April
“We knew early on, like everyone else, that hay was going to be in lots of trouble — and was in lots of trouble — in 2021.” – David Van Deynze, MASC.
Forages, News

MASC puts hard numbers to sky-high forage claim season

The insurer saw a fivefold increase in total claim values over the 2021 season

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The Manitoba Agricultural Services Corporation (MASC) saw a multimillion-dollar spike in forage claim payouts during the 2021 drought, the Crown corporation has reported. MASC reported $48.3 million in forage program indemnities for 2021, over five times higher than the previous year. MASC reported $9.2 million in indemnities in 2020. Why it matters: Higher forage insurance
CME April 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 cattle bounce from multi-month lows

Chicago lean hogs extend declines

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures rebounded from multi-month lows on Monday, while hog futures eased on follow-through selling after notching a limit-down decline on Friday. Live cattle futures snapped an eight-session losing streak that saw the April contract shed seven per cent of its value and drove prices to their lowest

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