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CME April 2022 lean hogs (candlesticks) with 20- and 100-day moving averages (dark red and black lines) and CME lean hog index (pink line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs up as processors seek market-ready supply

Weaker corn futures support feeder cattle

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained on Tuesday, supported by cash prices as packers attempted to pull market-ready hogs forward to slaughter, analysts said. “Packers are clearly chasing hogs. The supply of butcher hogs is not enough to meet demand,” said Dennis Smith, commodity broker at Archer Financial. CME April […] Read more
New Zealand looks a world away but farmers there share the same HR frustrations as Canadian farmers, and the same opportunities too.
Guide Business, Management

These farmers call it teamwork

As these Nuffield farmers are learning, time invested in your HR makes all the difference

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Reading Time: 10 minutes It is well known that Canadian farms are limited by labour shortages. Pre-COVID-19 studies say Canadian farms already faced a labour gap of 63,000 positions in 2018, set to increase to 123,000 within this decade, and research by the Canadian Agricultural Human Resource Council (CAHRC) estimates that labour shortages during COVID-19 pandemic resulted in $2.9 […] Read more
CME April 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs firm on tight hog supplies

Live cattle down off last week's gains

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained on Monday, supported by fewer market-ready hogs and diminished pork supplies, analysts said. “There just isn’t much extra pork laying around,” said Alan Brugler, president of Brugler Marketing. CME April lean hogs settled 1.2 cents higher at 101.275 cents/lb., notching a new life-of-contract high. […] Read more
CME April 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs up on tight supplies, good demand

April live cattle up, March feeder cattle lower

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Friday as tight hog supplies and strong demand fueled gains for the fifth time in six sessions. The market shrugged off negative technical signals following a lower close in actively traded April futures on Thursday after posting a contract high during the session. […] Read more
CME April 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hog, cattle futures end lower

Prices take pause off contract highs

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures closed lower on Thursday, retreating as traders paused to book profits after the benchmark contracts in both markets climbed to life-of-contract highs. CME April lean hogs settled down 0.75 cent at 98.375 cents/lb., easing after notching a contract high at 101.25 cents (all figures […] Read more
CME April 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cash prices, slaughter pace support CME live cattle

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied to fresh contract highs on Wednesday on strong cash market prices and rising slaughter rates amid seasonally tightening cattle supplies. A winter storm moving across the central U.S. on Wednesday did not noticeably impact cattle and beef production, although traders were watching for any […] Read more
CME April 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hog, cattle futures hit contract highs

U.S. storm could drag on livestock transport

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose more than two per cent on Tuesday, with most contract months setting life-of-contract highs on fund-driven buying and worries about a winter storm that could slow the transport of animals at a time of tight U.S. hog supplies, traders said. Benchmark CME April lean […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets, Weather

Klassen: Feeder market establishes short-term stability

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle traded $2-$4 on either side of unchanged. Steady demand was noted on 800-plus-pound cattle, but calves and lighter weights experienced softer buying interest. Favourable weather and optimal pen conditions along with firmer live cattle futures supported the yearling market. Imports of U.S. corn continue to run 10-14 […] Read more
A supplied aerial photo of vehicles blocking through traffic on Feb. 1, 2022 at the Canada-U.S. border crossing between Coutts, Alta. and Sweet Grass, Montana. (Photo courtesy Alberta RCMP)
Livestock, Machinery, Markets

Alberta RCMP to start unclogging major border crossing

Blockade 'not a peaceful assembly,' Mounties say

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Reading Time: 4 minutes A major supply chain corridor connecting Alberta and the U.S. is expected to be cleared of protestors and reopened to traffic on Tuesday, Alberta RCMP have warned. Protestors in vehicles formed a blockade Saturday on Highway 4 leading to the province’s only 24-hour Canada-U.S. border crossing, at Coutts, Alta., about 100 km southeast of Lethbridge. […] Read more

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