Reading Time: < 1 minute Cattle futures climbed again on Friday as USDA data showed a continued decline in cattle on feed. Hogs also rose.
Beef cattle
U.S. livestock: Cattle futures rise as Cattle on Feed report shows lower inventory
Canadian cattle herd sees first year-over-year increase since 2021
Lower slaughter, retained breeding stock supports inventories
Reading Time: < 1 minute Canadian cattle numbers rose as of July 1, the first year-over-year increase since 2021 according to new data from Statistics Canada.
U.S. livestock: Cattle futures rally peters out on position squaring
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures fell on Thursday after rising for four consecutive sessions, as traders booked profits and squared positions ahead of the U.S. Department of Agriculture's monthly Cattle on Feed report due after the market's close on Friday, analysts said.
U.S. livestock: Cattle futures continue rally on constrained supply
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures rose for the fourth session in a row on Wednesday, as a continued tight supply of cattle and resilient consumer demand for beef boosted futures, traders said.
U.S. livestock: Feeders set fresh highs, hogs mixed
Reading Time: < 1 minute Chicago cattle futures ended Tuesday mostly up, with feeder contracts setting fresh highs. Hogs were mixed.
Klassen: Feeder market consolidates at historical highs
Reading Time: 2 minutes For the week ending August 16, Western Canadian feeder cattle markets were unchanged to $10 higher. Strength was noted in grass yearlings in the 800-950-pound categories.
U.S. livestock: Feeder contracts set fresh highs
Reading Time: < 1 minute Chicago feeder cattle futures set fresh highs on Monday. Lean hog contracts also rose.
Livestock Tax Deferral regions announced for drought-affected producers
Reading Time: < 1 minute Cattle producers in large swaths of Western Canada and northwest Ontario will qualify for Livestock Tax Deferral in 2025, federal agriculture minister Heath MacDonald announced on Monday.
U.S. livestock: Cattle futures climb higher to end week
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were stronger on Friday, finding some support from fresh details on the U.S. Department of Agriculture’s plans to deal with new world screwworm.
USDA to build Texas facility to fight flesh-eating screwworm
Sterile flys to keep infection out of U.S.
Reading Time: 2 minutes The U.S. Department of Agriculture will spend up to $750 million to build a sterile fly production facility in Texas to fight the flesh-eating livestock pest New World screwworm, USDA Secretary Brooke Rollins said on Friday, Aug. 15.