Reading Time: 2 minutes Chicago Mercantile Exchange cattle futures firmed on Tuesday, amid a flurry of technical trading, weakness in corn futures Cv1 and strength in the wholesale beef pricing, market analysts said.
Beef cattle
U.S. cattle: Cattle futures bounce higher on technical trading, hogs mixed
Klassen: Yearling price trend stalls while calves ratchet higher
Larger players aggressively securing lightweight calves on expectations of low yearling supplies
Reading Time: 2 minutes Western Canadian feedlots are carrying sufficient numbers for the time being and feeding margins remain deep in red ink on unhedged cattle. Secondly, carcass weights are sharply above year-ago levels and Alberta finishing lots are backed up with market-ready supplies.
Farmland value growth slowed in 2023, FCC says
Saskatchewan, Quebec and Manitoba saw strongest growth in 2023, report shows
Reading Time: 2 minutes Farmland is still getting more expensive, but not quite as quickly as in recent years, according to the latest farmland value report from Canada’s biggest agricultural lender.
U.S. livestock: CME livestock futures mostly lower on technical trading
Reading Time: 2 minutes Chicago Mercantile Exchange livestock futures closed mostly lower on Monday, as market participants sought profits and continued to adjust their positions as part of the so-called Goldman roll, traders said.
U.S. finalizes higher standard for ‘Product of USA’ meat label
Canadian meat sector concerned labeling could have chilling effect on exports to U.S.
Reading Time: 2 minutes The administration of U.S. President Joe Biden on Monday finalized a rule requiring meat, poultry, or eggs labeled as a U.S. product to come from animals born, raised, slaughtered, and processed in the country.
Alberta renewable ban could hurt $11 bln in investments, says study
Farmland-protecting approach puts province at loggerheads with federal Liberals' green energy plans
Reading Time: 2 minutes Canadian province Alberta's ban on some renewable projects could hurt $11.1 billion in investments and stall up to 6.3 gigawatts (GW) of solar and wind power capacity, a study said on Monday.
Feds announce $1.7 million for foreign animal disease prevention
Cash boosts Animal Health Canada's efforts to prevent and prepare for ASF, FMD
Reading Time: < 1 minute The federal government has pledged up to $1.7 million toward foreign animal disease prevention, the federal agriculture minister announced today.
Feed grain weekly outlook: Growers looking at the skies, prices
Barley prices should decline in later spring as growers sell, analyst says
Reading Time: 2 minutes Despite recent weather bringing much-needed moisture into southern Alberta, dryness remains a concern in the region weeks before the start of seeding.
U.S. livestock: CME lean hog futures touch three-week low
CME live cattle futures also declined in range-bound trade
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures fell on Wednesday for a third straight session in largely technical trade, analysts said, with the benchmark April contract LHJ24 dipping to a three-week low.
U.S. livestock: Hogs end down after setting contract highs
CME cattle futures advance
Reading Time: 2 minutes Chicago Mercantile Exchange lean hog futures ended lower on profit-taking on Tuesday after the market set contract highs in deferred months, analysts said.