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U.S. livestock: Lean hogs end mixed as trade gauges trade war impact
Livestock, Markets, Reuters

U.S. livestock: Lean hogs end mixed as trade gauges trade war impact

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Friday in choppy trading as investors weighed rising pork prices against weak cash hog values and rising concerns about pork exports to China. Spread trading steered some contracts up sharply while others, including actively traded October and December futures, retreated. “Spreads […] Read more
U.S. livestock: Lean hogs rally for second day
Livestock, Markets, Reuters

U.S. livestock: Lean hogs rally for second day

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures posted strong gains for a second consecutive session Thursday, lifted by short-covering and technical buying following the market’s recent drop. Rising pork prices and solid pork exports supported the market, largely diluting concerns over U.S. trade tensions with China, the world’s top hog and […] Read more
U.S. livestock: Lean hogs bounce after sell-off, cattle also rise
Livestock, Markets, Reuters

U.S. livestock: Lean hogs bounce after sell-off, cattle also rise

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied as much as four per cent on Wednesday in a technical buying and short-covering bounce following a string of losses triggered by worries over exports to China. The world’s largest hog and pork market has threatened to halt all U.S. agricultural product purchases […] Read more
CME October 2019 lean hogs (candlesticks) and October live cattle (line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures swing wildly as trade war intensifies

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) livestock futures swung wildly on Monday, with the most-active October lean hog futures going nearly limit-up and -down in the same trading session, amid growing tensions in the U.S.-China trade war. China’s commerce ministry said that Chinese companies have stopped buying U.S. agricultural products, and that China […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Cow-Calf, Finishers, Livestock

Klassen: Feeder cattle markets remain firm

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Reading Time: 2 minutes Western Canadian feeder cattle prices were unchanged from seven days earlier. Strong buying interest was noted from finishing feedlots in Alberta. Orders flowed across the prairies keeping prices relatively even. U.S. feeder cattle markets traded $3 to as much as $8 higher in the Northern Plains which also underpinned prices in Saskatchewan and Manitoba. There […] Read more
Photo: Thinkstock
Livestock, Markets

Cattle volumes remain low as pasture conditions improve

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Reading Time: < 1 minute MarketsFarm – Manitoba cattle markets observed characteristically light volumes during week ended July 26, due in part to improving pasture conditions. “There hasn’t been any panic-selling in the western and southern parts of the province,” agreed Rick Wright of Heartland Order Buying Co. Wright mentioned the Northeast region of the province is drier than most, […] Read more
Order buyers have been very busy fielding calls for available cattle. Photo: Thinkstock
Beef Cattle, Cow-Calf, Finishers, Livestock

Klassen: Yearling prices surge

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Reading Time: 2 minutes Compared to last week, Western Canadian yearling prices were $3 to as much as $10 higher while calves traded $2 to $5 above week-ago levels.  Most auction barns remain in holiday mode; however, order buyers were extremely busy fielding calls for available cattle. This caused the yearling market in Western Canada to divorce from the […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Forages, Hay, Markets, Weather

Prairie hay shortage on horizon

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Reading Time: 2 minutes MarketsFarm — While rain across the Prairies has eased concerns of an all-out drought, worries of a hay shortage going into winter haven’t ceased. Darren Chapman, a Virden, Man. producer and chair of the Manitoba Forage and Grassland Association (MFGA), explained that regrowth following the first cut of hay has been strong. First-cut hay crops […] Read more

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