Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were mixed on Thursday, after dropping sharply the previous session. The December live cattle contract was up by 1.350 cents per pound at 241.175 cents. However, more deferred months were lower. Feeder cattle saw a continuation of Wednesday’s selloff, with the November contract down 2.775 cents at 361.450 […] Read more
U.S. livestock: Cattle futures mixed
Trump quadrupling Argentina beef tariff rate quota to 80,000 tonnes
Reading Time: 2 minutes U.S. President Donald Trump’s administration is quadrupling the tariff rate quota on Argentinian beef to 80,000 tonnes to reduce prices and protect American farmers, a White House official said on Thursday.
Veterinary know-how on the farm
Basic veterinary knowledge could save you extra fees — and your animals. Here’s a refresher about the top common health concerns every farmer should be able to recognize
Reading Time: 6 minutes If you’re a livestock farmer, you’ve likely faced one of the most frustrating situations on the farm: a sick or distressed animal. You feel helpless, unsure of how to provide assistance or relief. According to Dr. Rob Swackhammer, veterinarian with Upper Grand Veterinary Services in Guelph, Ont., who specializes in large animal veterinary care, these […] Read more
U.S. livestock: Cattle futures drop on Trump call for lower prices
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange dropped sharply on Wednesday, reacting to comments from United States President Donald Trump calling on the cattle sector to lower prices. The December live cattle contract lost 5.600 cents per pound on Wednesday, at 239.825 cents. Feeder cattle were down their daily limit of 9.250 cents per pound […] Read more
Trump urges U.S. cattle ranchers to lower prices as he touts tariffs
Reading Time: 2 minutes U.S. President Donald Trump is calling on cattle ranchers to lower prices
U.S. livestock: Live cattle continue higher
Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, seeing a continuation of Monday’s gains as values remain near record highs. The ongoing shutdown of the United States government will likely delay the publication of monthly cattle on feed data scheduled to come out on Friday. However, market expectations are for a […] Read more
Trump plan to import Argentine beef angers U.S. farmers
Reading Time: 3 minutes U.S. farmers criticized President Donald Trump’s suggestion that the country may import more beef from Argentina, after they recently lost out to the South American nation on soybean sales to top buyer China.
Klassen: Feeder market extends rally
Reading Time: 2 minutes Western Canadian yearling prices traded back up to historical highs over the week ended Oct. 18, while calf markets made fresh highs at many locations. Western Canadian yearlings off grass traded $5-$10 higher on average compared to seven days earlier. Steer calves in the weight range of 550-825 pounds traded $8-$12/cwt higher on average while […] Read more
U.S. livestock: Live cattle correct higher
Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange were stronger on Monday, taking back some of Friday’s losses amid ideas the declines were overdone. Cattle futures posted limit-down losses on Friday following comments from United States President Donald Trump that he would lower beef prices. Trump also said over the weekend that beef purchases from […] Read more
U.S. livestock: Cattle at fresh highs, hogs weaken
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange climbed to fresh highs on Tuesday, as tight supplies and the ongoing closure of the U.S./Mexican border to cattle from Mexico kept values well supported. The December live cattle contract gained 1.750 cents per pound at 246.500 cents. Chart-based positioning contributed to the gains, according to participants, with […] Read more