Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed on Friday, supported by elevated cash cattle trade and stronger wholesale beef prices, analysts said. “I think it’s a combination of things, including packers trying to get beef into the pipeline before the Labor day features,” said Alan Brugler, president of Brugler Marketing. “Cash […] Read more
U.S. livestock: Live cattle firms on improved cash, holiday demand
U.S. livestock: CME lean hogs fall on anticipated larger supplies
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hog futures slipped on Thursday as traders look ahead to increased supplies of hogs heading into the fall and producers hedge against the possibility of future price declines, traders said. CME August lean hog futures closed unchanged at 109.475 cents per pound, while benchmark October hogs lost […] Read more
U.S. livestock: CME live cattle firm on scarce supply and firmer cash markets
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Wednesday as cash trade firmed and wholesale beef prices march higher, traders said. “We have some tighter market-ready cattle supplies right now. The outlook is for supplies to tighten further later in the year and into next year,” said Doug Houghton, technical analyst […] Read more
U.S. livestock: CME lean hogs firm as market-ready supplies remain soft
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures gained for a second day on Tuesday, supported by lower supplies of market ready hogs as the August futures contract nears expiration. “Until we start seeing better numbers coming forward on packer runs, I think that’s going to elevate things a little bit,” said Matthew […] Read more
Klassen: Drought conditions spur on fall cattle run
Reading Time: 2 minutes Compared to last week, Western Canadian feeder yearling prices were relatively unchanged; calves traded $2 to $5 lower. The fall run has started. Drought like conditions have caused many ranchers to sell cattle 30 to 45 days earlier than normal. Steers averaging 900 pounds were readily trading in the range from $185 to $190; steers […] Read more
U.S. livestock: Lean hogs end mixed as traders eye Dominican hog disease
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hog futures closed mixed on Thursday as pressure from news of a deadly hog disease in the Dominican Republic offset support from strong export sales and firm cash hog prices, traders said. CME August lean hog futures settled up 0.600 cent at 106.300 cents per pound, while […] Read more
U.S. livestock: Profit-taking drags down CME livestock futures
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Tuesday after rising to their highest price in more than three weeks, while feeder cattle pulled back from contract highs on Monday. Lean hog futures also weakened as traders took money off the table after recent gains. Traders said profit-taking hit cattle markets […] Read more
Klassen: Feed barley rally pressures feeder cattle market
Reading Time: 2 minutes Compared to last week, Western Canadian yearling steers traded $4 to $8 lower while heifers were down $2 to $4. Calves traded $5 to as much as $10 below week-ago levels. Feed barley in the Lethbridge area traded in the range of $390/tonne to as high as $415/tonne, up $25-$30/tonne from seven days earlier. Crop […] Read more
U.S. livestock: CME live cattle top three-week high; feeder cattle set contract high
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle futures topped a three-week high on Monday on expectations that supplies will tighten in the coming months, while feeder cattle set a contract high, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 1.67 million cattle were […] Read more
The big question
He worked hard, kept his head down, made progress. But more and more, Ryan Boyd was wondering, “What if I’m missing out on my best chances?”
Reading Time: 8 minutes When Ryan Boyd set out on an international tour in 2019, he was looking for ways to both challenge and improve the way he farms near Forrest, Manitoba. Ryan and his wife Sarah, and his parents Joanne and Jim, own South Glanton Farms just north of Brandon, where they grow annual crops and raise a […] Read more
A message from April Stewart, Country Guide's Associate Editor
