Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures turned lower on profit-taking on Wednesday, even as rising wholesale beef prices and a firming cash market continued to offer support to the market, traders said.
Beef cattle
U.S. livestock: Cattle futures lower, hogs mixed on technical trading
Traders expect this week's prices in cash market to be higher than last week
Protein sector faces labour crunch: report
Nearly two thirds of agri-food companies can't hire all the workers they need
Reading Time: 3 minutes Government, industry and educational institutes must act now to address the labour challenges confronting the emerging plant-based protein industry in Saskatchewan and Manitoba, according to a new report.
Klassen: Canadian feeder market jumps on USDA data
The U.S. cattle herd reached lowest head count since 1950s, trade anticipates heifer retention
Reading Time: 2 minutes For the week ending February 2, Western Canadian feeder cattle prices were up $6/cwt to $12/cwt from seven days earlier. Certain pockets of Western Canada had grass cattle trading $12/cwt to as much as $20/cwt above the previous week.
U.S. livestock: CME cattle futures turn lower on profit-taking
Lean hogs also turn lower after recent rally faced fundamental resistance
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.
Total US cattle herd drops to lowest level since 1951 – USDA
Easing dryness could encourage ranchers to begin rebuilding beef herds
Reading Time: < 1 minute Chicago | Reuters - The total number of U.S. cattle fell to its lowest level since 1951 as of Jan. 1, in the herd's fifth consecutive year of decline, U.S. Department of Agriculture data showed on Wednesday.
U.S. livestock: CME cattle soar as cash markets firm
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures jumped on Thursday, buoyed by rising cash cattle prices and a government inventory report confirming that the total number of U.S. cattle fell to a 73-year low. CME April live cattle futures LCJ24 settled up 2.475 cents at 183.175 cents per pound, nearing Monday’s 2-1/2-month high of […] Read more
Prairie feed market remains under pressure
U.S. corn imports adding to lack of demand for domestic barley
Reading Time: 2 minutes Feed grain markets in Western Canada remain under pressure, with end users well covered and farmers still sitting on large amounts of unpriced grain.
First-of-its-kind cattle methane limiter approved for Canada
Enteric methane emissions from cattle contributes 3.3 per cent of Canada’s total GHG emissions
Reading Time: 3 minutes A feed ingredient designed to reduce methane emissions in beef and dairy cattle has received market authorization in Canada.
Sask. livestock drought program extended
Ten RMs added to area eligible for per-head payment, application deadline lengthened
Reading Time: < 1 minute Governments have expanded and extended the Canada-Saskatchewan Feed Program available to the province's livestock producers. Ten rural municipalities have been added to the area eligible for the initial $150 per head payment, and the application deadline has been extended to March 15.
Klassen: Positive fed outlook buoys feeder market
Market telling producers to own lighter cattle sooner rather than later
Reading Time: 2 minutes Western Canadian feeder cattle prices for 800-pound plus cattle were $2/cwt to $4/cwt higher on average for the week ending January 27. Feeders in the 500-800-pound category were up $3/cwt to $6/cwt with higher quality groups up as much as $10/cwt in some cases. Feeders 500 pounds and lower were unchanged from seven days earlier.