Reading Time: 2 minutes Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on short covering on Monday, analysts said, as the markets recovered from a slide last week.
U.S. livestock: Cattle futures rally in turnaround from slide last week
U.S. livestock: CME cattle fall amid fears over labour market
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures fell on Friday on a dip in equities markets, slowing momentum in the labour market and a weak cash cattle trade, analysts said. Lean hog futures also fell as industry players anticipated a large supply of heavy hogs to hit the market […] Read more
U.S. livestock: CME cattle fall as consumers opt for cheaper meats
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures fell on Thursday on renewed worries over inflation-hit consumers’ ability to purchase pricy cuts of meat, traders said. Hog futures also fell on a seasonal lull in prices and a strong supply of heavy hogs. Beef and pork demand has eased […] Read more
USDA forecasts smaller drop in 2024 farm income
Reading Time: 2 minutes Chicago | Reuters – U.S. farm income will fall for a second consecutive year in 2024, but not as much as previously expected as prices of livestock and egg products boom and production expenses ease, the U.S. Department of Agriculture said on Thursday. Declining farm income could ripple across the rural economy in a presidential […] Read more
Feed Weekly: More grain to enter feed markets
Reading Time: 2 minutes Feed barley and feed wheat are in no short supply on the Prairies, according to Jim Beusekom, president of Market Place Commodities in Lethbridge, Alta. He has recently seen light test-weight barley and wheat coming from various places in Western Canada being shipped to feedlots. Beusekom added the feed grains were coming from “almost everywhere […] Read more
U.S. livestock: CME cattle dip on weak cash market, rising corn prices
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures fell on Wednesday following recent weakness in cash prices and as corn prices sustained a small rally, traders said. Traders also monitored U.S. beef demand. Demand for beef typically weakens after Labor Day, which is considered the last major grilling holiday […] Read more
Summer Series: How these Ontario farmers are getting great at change
[Make it Count] Every new idea, challenge and decision is an opportunity to learn. Sharing the takeaways from those lessons will help strengthen and sustain Canada’s agriculture industry
Reading Time: 11 minutes What makes a farm business good at change? Country Guide spoke with three Ontario farms to find out how they meet the challenges of change and what lessons they’ve learned on the journeys to diversification and growth. Thatcher Farms Thatcher Farms was born out of necessity. Almost two decades ago, at a time when commodity […] Read more
U.S. livestock: CME cattle, lean hog futures turn higher as wholesale prices firm
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures turned higher on Tuesday, as wholesale prices firmed and the slaughter pace temporarily shrank as some plants shuttered over the holiday weekend, analysts said. Strong boxed beef prices continued to underpin cattle markets, traders said. Select boxed beef prices rose on Tuesday morning, with prices […] Read more
Klassen: Feeder cattle market stabilizes
Reading Time: 2 minutes For the week ending August 31, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Finishing feedlots are exuding a cautious sentiment. While order buyers had a full deck, there were upside limits. Pen-sized strings of quality yearlings traded at a premium to average values. Alberta packers were buying fed cattle […] Read more
U.S. livestock: Live hog prices tick up, seasonal dip less sharp than expected
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) lean hog prices ended up slightly on Friday as analysts said a seasonal drop in pork prices toward the end of summer looked less drastic than expected.
A message from April Stewart, Country Guide's Associate Editor
