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U.S. livestock: Hog futures mixed, cattle futures firm
Livestock, Markets, Reuters

U.S. livestock: Hog futures mixed, cattle futures firm

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Monday, with the front-month contract firming slightly after two straight days of declines while deferreds continued to ease. Traders said that fresh pork exports to China were required to ease the burdensome supplies and boost hog futures higher. “Even though we […] Read more
Richard and Doug Arnold of Arnold Innovations in Manitoba.
Crops, Guide Business, Livestock

Partnership boom

Like Richard and Doug Arnold, more farmers are forming partnerships of more kinds. They're examples of how to do it right

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Reading Time: 10 minutes Since its launch about two years ago, the company formed by grain farmers Richard and Annette Arnold and their son Doug in Hamiota, Man., has scored some big successes in Western Canada. Those include several awards — in 2016, Arnold Innovations took home a “Silver” Innovation Award at Farm Progress in Regina along with Best […] Read more
U.S. livestock: Lean hogs tumble after Trump threatens Mexico border closure
Livestock, Markets, Reuters

U.S. livestock: Lean hogs tumble after Trump threatens Mexico border closure

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended down sharply for a second straight day on Friday after a volatile session in which traders weighed thinner near-term hog supplies against risks to pork exports with Mexico. Early-session strength stemmed from a quarterly U.S. Department of Agriculture hog supply report, released after […] Read more
(JBSs.infoinvest.com.br)
Livestock, Markets, Reuters

JBS predicts profits will be stronger this year

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Reading Time: 2 minutes Sao Paulo | Reuters — JBS SA executives said Friday the Brazilian meat company will deliver higher earnings in 2019 on strong demand for beef in the U.S. and Australia as well as growing Chinese demand for various proteins. Still, first-quarter results will reflect lower cattle availability in the U.S. due to rains and a […] Read more
CME May 2019 feeder cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Finishers, Livestock, Markets

Klassen: Feeder market incorporates risk premium following U.S. floods

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Reading Time: 2 minutes Compared to the previous week, western Canadian feeder cattle sold steady to $4 higher the week ending March 23. Favourable spring weather enhanced demand for yearlings from major finishing operations; Lethbridge-area markets were notably $3-$5 higher as feedlots focused on local cattle. While feeding margins remain in negative territory, strength in the deferred live cattle […] Read more
U.S. livestock: Lean hogs limit down as export sales disappoint
Livestock, Markets, Reuters

U.S. livestock: Lean hogs limit down as export sales disappoint

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures plunged more than three per cent on Thursday as disappointing export sales data triggered profit-taking following the market’s recent run to the highest in more than eight months, traders said. Contracts from May to December closed down the daily three-cent limit, including actively traded […] Read more
U.S. livestock: Cattle drop further on rising supply, weak cash prices
Livestock, Markets, Reuters

U.S. livestock: Cattle drop further on rising supply, weak cash prices

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures dropped for a fourth straight session on Wednesday, pressured by weaker cash cattle prices and seasonally rising supplies, traders said. Technical selling further weighed on the market, sending the spot contract to the lowest level in nearly six weeks. “We’re going to be coming […] Read more
U.S. livestock: Live cattle retreat on technical selling, fund liquidation
Livestock, Markets, Reuters

U.S. livestock: Live cattle retreat on technical selling, fund liquidation

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a third straight session on Tuesday on technical selling and fund long liquidation following the market’s recent climb to one-year highs, traders said. Open interest in live cattle futures was expected to be lower for a second straight session after hitting an all-time […] Read more
(Kelli Jo/iStock/Getty Images)
Hogs, Livestock

Quebec books new PED outbreak

Reading Time: 2 minutes A weanling operation in Quebec’s Monteregie is home to the province’s first new case of porcine epidemic diarrhea (PED) in almost four years. The provincial agriculture ministry confirmed the new case Friday, marking Quebec’s first since May 2015 and its 17th since the disease first appeared in the province in February 2014. The Monteregie, the […] Read more
U.S. livestock: Live cattle tumble on bearish USDA data
Livestock, Markets, Reuters

U.S. livestock: Live cattle tumble on bearish USDA data

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped sharply on Monday in reaction to a government report that showed larger-than-expected supplies of cattle on feed in the U.S., traders said. Nearby cattle futures contracts fell more than 1.5 per cent, with selling accelerating as prices breached key technical support levels. The selling […] Read more

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