Reading Time: 2 minutes As the harvest in southern Alberta presses on, a broker said that is one of the factors pulling feed prices lower in the region. Darcy Haley, vice-president of Ag Value Brokers in Lethbridge, added that lower cattle numbers in feedlots, plentiful amounts of grass for cattle to graze and a lacklustre export market also weighed on feed prices.
Feed Grains Weekly: Price likely to keep stepping back
Expected to drop passed last year’s lows
U.S. livestock: Cattle futures climb higher to end week
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were stronger on Friday, finding some support from fresh details on the U.S. Department of Agriculture’s plans to deal with new world screwworm.
USDA to build Texas facility to fight flesh-eating screwworm
Sterile flys to keep infection out of U.S.
Reading Time: 2 minutes The U.S. Department of Agriculture will spend up to $750 million to build a sterile fly production facility in Texas to fight the flesh-eating livestock pest New World screwworm, USDA Secretary Brooke Rollins said on Friday, Aug. 15.
Klassen: Lower U.S. calf crop supports Canadian feeder cattle market
Reading Time: 2 minutes For the week ending July 26, Western Canadian feeder cattle markets were relatively unchanged from seven days earlier. Yearlings off grass weighing 900 pounds plus were very strong and may have been up $3 to $5 from the previous week.
U.S. livestock: Cattle futures climb as U.S. herd remains small
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange cattle futures turned higher on Friday, as traders anticipated U.S. government reports would show tight cattle supplies. After the market closed, the U.S. Department of Agriculture reported that the nation’s cattle herd was 94.2 million head as of July 1, a record low for that date. In a separate report, USDA […] Read more
Feed Grain Weekly: Buyers holding off from making purchases
Weak demand stems from shortage of replacement cattle
Reading Time: < 1 minute Weak demand continues to hamper prices for feed barley and wheat, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
U.S. livestock: Cattle prices down, hogs rise again
Reading Time: < 1 minute Live and cattle futures on the Chicago Mercantile Exchange retreated for a second session, while lean hogs extended their rally. The August live cattle contract declined by 12.5 U.S. cents per hundredweight to end the day at US$223.550 and showing a weekly gain of US$1.350. October live cattle lost 50 cents/cwt. to close at US$219.825, […] Read more
U.S. livestock: Cattle futures down, hogs rise
Reading Time: < 1 minute Live and feeder cattle futures on the Chicago Mercantile Exchange showed small losses on Thursday, while lean hog futures made gains in consecutive sessions. The August live cattle contract declined 22.5 U.S. cents per hundredweight to end the day at US$223.675. Meanwhile, October live cattle dropped 42.5 U.S. cents/cwt to close at US$220.325. August and […] Read more
U.S. livestock: New contract highs for live cattle
Reading Time: < 1 minute Live cattle futures hit new contract highs on Wednesday while cattle futures came close and lean hog futures continued to recover from recent lows. The August live cattle contract gained US$1.500 per hundredweight to finish the day at US$223.900, 50 cents below the new contract high reached earlier on Wednesday. The October contract rose US$1.475/cwt […] Read more
U.S. livestock: Cattle futures up, hogs mixed
Reading Time: < 1 minute Live and feeder cattle futures on the Chicago Mercantile Exchange on Tuesday recovered their losses from Monday. However, lean hog prices were mixed. August live cattle gained US$3.050 per hundredweight to close at US$222.400/cwt. Tuesday’s high of US$222.750 was the contract’s second-highest daily high ever behind US$223.275 on Friday. The October live cattle contract added […] Read more
A message from April Stewart, Country Guide's Associate Editor
