Daily Network News

More News →

Cow-calf

CME February 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle and hog futures firm

Meat supplies remain tight

By
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle and hog futures rose on Wednesday, with tight supplies supporting prices after a slowdown in the pace of slaughter. Most actively traded February lean hogs rose 0.7 cent, to 82.3 cents/lb. Hog futures have risen for three days in a row, their longest streak of gains […] Read more
Galbi, a Korean dish made with beef short ribs. (JaysonPhotography/iStock/Getty Images)
Beef Cattle, Livestock, Reuters

South Korea lifts temporary suspension of Canadian beef

By
Reading Time: < 1 minute Reuters — South Korea is lifting its temporary suspension of Canadian beef imports that it imposed after Canada detected a case of bovine spongiform encephalopathy (BSE) in December, federal Agriculture Minister Marie-Claude Bibeau said Wednesday. South Korea halted the shipments after Canada last month reported its first BSE case in six years. China and the […] Read more
CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures weak

Hog futures firm

By
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, with mild profit-taking noted after rallying in three of the previous four sessions. Hog futures were firmer, extending their rebound from the five-week low hit last week. Most actively traded February lean hogs rose 0.7 cent to 81.6 cents/lb. (all figures US$). […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market remains firm

By
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were steady to $3 lower on average; calves were relatively unchanged but limited numbers were on offer. Strength in the Canadian dollar appeared to temper demand from south of the border in the 750-plus-lb. weight categories. Last week was the first full week of sales in both […] Read more
CME February 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures rebound, slaughter pace still weak

CME February live cattle up

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures bounced back on Friday, though analysts said U.S. staffing shortages caused by COVID-19 infections continued to limit meat production. Most actively traded February lean hogs touched a one-week high and ended 3.05 cents stronger at 80.9 cents/lb. (all figures US$). The contract recovered after falling […] Read more
CME February 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs dip on concern over slower slaughter, heavier pigs

Feeder cattle up as feed grain prices drop

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Thursday amid concerns that a reduced pace of slaughtering is limiting demand for pigs that are growing heavier, analysts said. Slow slaughtering has weighed on hog and cattle futures because livestock back up on farms when they cannot be processed, traders said. Slaughtering […] Read more
CME February 2022 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and black lines) and CME cash lean hog index (dark red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog slaughter hits five-month low on Omicron spread

CME hogs up, cattle down

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on bargain buying on Wednesday, traders said, though U.S. pig slaughtering sank to its lowest level since August as rising cases of the Omicron coronavirus variant hit meat plants. Live cattle and feeder cattle futures slumped as traders remain concerned that the highly contagious […] 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: CME cattle futures end higher in short-covering bounce

Hogs extend slide

By
Reading Time: 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, on a technical bounce a day after falling to three-week lows, with optimism about a slight improvement in the U.S. slaughter pace lending support, traders said. But worries about slowdowns at packing plants due to worker shortages continued to hang over […] Read more
“We’re in the perfect position right now,” VanderHeide says. Sexism still exists, but the pace of change is quickening as women showcase their roles in the industry.
Features, Guide Business

A Canadian woman’s experience in ag

On the farm and in her boardrooms, here’s Amy Vanderheide’s story

By
Reading Time: 3 minutes Amy VanderHeide had great role models growing up. She was raised on a beef farm that was run entirely by women after her grandfather passed away in 1986. With her grandmother and aunts continuing to operate the farm throughout her childhood, she wasn’t aware of the barriers that existed for women in agriculture. “I didn’t […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder markets start 2022 with a roar

By
Reading Time: 2 minutes Compared to late December, western Canadian yearling prices were quoted $6-$8 higher on average; however, fancier, lower flesh packages in the 850- to 900-lb. category were $10-$12 higher. Calf markets were quite variable. Early in the week, calf prices were relatively unchanged but markets were up $3-$6 by Friday. Ontario buyers were extremely aggressive last […] Read more

Latest Market News

More Market News →