Insights and Stories on Beef Cattle

U.S. livestock: CME lean hogs end down, live cattle up

Jul. 3, 2019 at 4:18 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange (CME) lean hog futures closed lower on Wednesday on technical selling including profit-taking and long liquidation ahead of the U.S. Independence Day holiday, along with bearish supply fundamentals, traders said. CME’s benchmark August lean hogs contract ended down 0.6 cent at 78.375 cents/lb., […]

U.S. livestock: Nearby lean hogs firm on bargain-buying, China hopes

Jul. 2, 2019 at 6:47 pm CDT

By Julie Ingwersen

Klassen: Feeder market enters summer doldrums

Jul. 2, 2019 at 12:57 am CDT

By Jerry Klassen

U.S. livestock: Lean hogs up on trade hopes, falling corn prices

Jul. 1, 2019 at 7:35 pm CDT

By Julie Ingwersen

Rookie U.S. House Democrats call for COOL revival

Jun. 29, 2019 at 1:16 am CDT

By GFM Staff

U.S. livestock: Nearby lean hogs drop on continued herd expansion

Jun. 28, 2019 at 7:32 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Friday, with nearby contracts pressured by plentiful supplies of hogs and pork and deferred months buoyed by signs of a slowing multi-year U.S. hog herd expansion, traders said. Actively traded nearby contracts posted steep declines after […]

By Karl Plume

U.S. livestock: Hogs up before USDA confirms herd expansion

Jun. 27, 2019 at 6:26 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied on Thursday on short-covering and position squaring near the end of the month and quarter after prices hit multi-month lows earlier this week, traders said. Investors also squared bets ahead of the U.S. Department of Agriculture’s (USDA) quarterly […]

By Karl Plume

P.E.I. to manage deadstock removal

Jun. 26, 2019 at 1:43 am CDT

Prince Edward Island’s latest provincial operating budget calls for its agriculture and land department to directly manage removal of deadstock for dairy and beef cattle producers. Finance Minister Darlene Compton’s 2019-20 operating budget, presented Tuesday, said the province will take over management of the deadstock contract “to reduce the administrative […]

By GFM Staff

Rain gives farmers relief, for now, from three-year drought

Jun. 25, 2019 at 3:56 pm CDT

Winnipeg | Reuters — With drought turning Chad Ross’s pastures brown, the southeastern Saskatchewan rancher sent 140 head of cattle to slaughter earlier than usual this spring, as the Prairies’ three-year drought made them too expensive to feed. The ranch and feedlot near Estevan has lost money two straight years. […]

By Rod Nickel

Klassen: Fed cattle bounce supports yearling market

Jun. 25, 2019 at 10:43 am CDT

Compared to last week, western Canadian yearling prices were relatively unchanged while calf values were extremely variable. In Alberta, calf prices were holding value but in Saskatchewan and Manitoba, feeder cattle under 650 lbs. were $3 to as much as $8 lower in some cases. Recent rains in Saskatchewan have […]