Livestock
Reading Time: 2 minutes Chicago Mercantile Exchange cattle futures were mostly sharply lower on Thursday as traders sold off or shifted their positions ahead of a series of key government reports, analysts said.
U.S. livestock: CME cattle futures face renewed pressure
Lean hog futures ended the day mixed
Urban school farm opens world of opportunity to British teens
Students from the underprivileged community have won acclaim at ag fairs, and some have gone on to be farmers, vets
Reading Time: 2 minutes The rural life of rearing rare breed sheep and nurturing alpacas is a world away for many urban teenagers. Yet a British school near Liverpool has opened its pupils to a wealth of jobs in agriculture and the benefits of nature with its own farm.
U.S. livestock: Cattle futures firm on hopes of higher cash prices
The trade is expecting a smaller hog herd, Reuters survey shows
Reading Time: 2 minutes Chicago Mercantile Exchange cattle futures firmed on Wednesday amid technical trading, weakness in U.S. corn futures and hopes of higher cash prices next week as packers close out the year, analysts said.
U.S. livestock: CME cattle futures fall on technical trading ahead of reports
Lean hog futures also ended the day lower
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures closed lower on Tuesday on technical trading and investors adjusting their positions ahead of a series of key government reports, analysts said.
Klassen: Feeder market ends year on mixed sentiment
Some feedlots becoming backed up with heavier cattle, setting negative tone for feed complex
Reading Time: 2 minutes Western Canadian feeder cattle markets were unchanged, to as much as $10 lower compared to last week.
Demand for heifers was suffering last week. A weaker tone was noted in the Eastern prairie regions as Ontario demand appeared to evaporate last week. Alberta packers were buying fed cattle on a dressed basis in the range of $368-$370/cwt, down $7-$8 from last week.
Feed weekly outlook: U.S. corn imports keep lid on Prairie feed grains
Mild Prairie weather contributing to lower feed demand
Reading Time: < 1 minute Glacier FarmMedia – Feed prices for barley and wheat across much of Western Canada are very likely to remain low until the end of winter/the beginning of spring, according to Erin Harakal of Agfinity in Stony Plain, Alta.
U.S. livestock: CME hogs decline further as cattle face renewed pressure
"I think we're still trying to hunt for a bottom": analyst
Reading Time: 2 minutes Chicago Mercantile Exchange lean hog futures extended a slump, as live cattle futures came under renewed pressure with broad selling hitting agricultural markets on Wednesday.
Klassen: Year-end buying interest boosts feeder market
Feedlot operators gearing up for shortfall in overall numbers in the first half of 2024
Reading Time: 2 minutes Strength was noted in calves under 650 pounds while feeders over 700 pounds were relatively unchanged. Larger packages of weaned quality genetics were $8 to $10 higher in some cases.
Klassen: Feeder market bounces on lower volumes
Feedlot operators believe yearling numbers will be down in March and April
Reading Time: 2 minutes Strength was noted in Manitoba and Saskatchewan while a softer tone was evident in Alberta. Once again, buyers shrugged off the weaker feeder cattle futures and the focus was on filling year-end orders. Alberta and Saskatchewan feedlots are carrying larger numbers but there appears to be sufficient bunk capacity available to sustain the price structure.
U.S. livestock: CME cattle drop on fund selling, beef demand concerns
Chicago lean hogs continue higher
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures dropped on Thursday after two sessions of gains, pressured by fund long liquidation and as higher corn feed prices and worries about demand for high-priced beef cuts hung over the market. Technical selling accelerated the break, the live cattle market’s sixth in the last eight sessions, […] Read more
A message from April Stewart, Country Guide's Associate Editor
