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Beef cattle

(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market shrugs off lower barley production

Barley exports, domestic demand expected to be reduced

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Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. Prices for calves were also unchanged from average values seven days earlier. Calf markets are becoming more defined as volumes increase. There also appeared to be larger volume of high-quality yearlings available, which was a surprise. The drought hasn’t significantly […] Read more
CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle ease on softer cash markets

Trade watching for increased demand for hogs

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Friday, ending the week slightly lower as cash trade eased, though the cattle market continues to trade mostly sideways, analysts said. “The market’s basically saying — we’ve got stable trade right now for a couple months,” said Rich Nelson, chief strategist at Allendale […] Read more
Calves in the auction mart in the fall.
Auction Mart Updates

Auction mart report for week of Sept. 1, 2023

Regional market analysis from Manitoba and Saskatchewan, courtesy of the Livestock Markets Association of Canada members.

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Southern Sask | Western Man. Southern Saskatchewan report, courtesy of Whitewood Livestock Light run this week. Expect it to be the third week of September before we see many calves. Demand across all classes. Had several light, fresh calves but quality wasn’t the greatest. Expect this market to remain strong. Will see some pressure as […] Read more
Albert Rimke presents the Bob Gordon Memorial Over- all Grand Aggregate award to Heidi McFadden.
News, Purely Purebred

Canadian Hereford Association honours members

Purely Purebred, news from the September 2023 issue of Canadian Cattlemen

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Congratulations to Frank and Andree McNeely, Stephanie and Rae Kopeechuk and Allan Marshall for being added to the Canadian Hereford Association Honour Roll.  Frank and Andree McNeely started a purebred Hereford herd under Ottawa Valley Hereford Farms in 1974 near Navan, Ont. Alongside daughters Kerry and Jill, they showed cattle at numerous shows across Canada, […] Read more

Daily market update

ICE: Canola rises CBOT: Corn, soybeans tick higher CME:Cattle futures bounce Cash grains /Global markets/Loonie
CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle up ahead of long weekend

Lean hogs follow cash hog index lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ticked upward Thursday, while packers backed off of buying ahead of the Labour Day holiday week that will limit slaughter, analysts said. “There was some light trade today, slightly lower than last week,” said Doug Houghton, technical analyst at Brock Capital Management. “I don’t know […] Read more
Left to right: Russell Gallelli, Tyson Ringdal, and Dr. Jay Cross.
News, Purely Purebred

New Cattle Young Leaders, Cross awarded honorary degree for veterinary medicine, education

NewsMakers from the September 2023 issue of Canadian Cattlemen

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Canadian Cattle Young Leaders Russell Gallelli lives west of Crossfield, Alta., on a fourth-generation family farm, where they raise purebred Charolais and red Angus-Charolais-cross commercial cattle. His passion for cattle started when he was very young, helping his parents run their herd, being actively involved with 4-H and showing cattle. Showing cattle has continued with […] Read more
CME October 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs climb as traders eye seasonal supply shifts

Cattle futures down ahead of long weekend

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Wednesday, finding support as traders gauged pork demand and watched for signs of a seasonal influx of market-ready hogs. “We still have an index that’s higher than the October. It usually doesn’t close the gap until we get into September a week or […] Read more
Durum plants on Aug. 28, 2023 near Acadia Valley, Alta., about 160 km north of Medicine Hat, stand shorter with fewer kernels than normal due to dry conditions. (Photo courtesy Darold Niwa/Handout via Reuters)
General, Weather

Prairie Forecast: Mostly sunny and warm

Issued Aug. 30, covering Aug. 30 to Sept. 6

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It’s a straightforward forecast for this period as the general weather pattern looks to be pretty quiet. It starts with a large area of high pressure centred over the Great Lakes with a weak area of low pressure over Alberta. The Great Lakes high will put sunny skies and warm temperatures over much of Manitoba […] Read more
calf and cow
Beef Cattle, Markets, News

Fed cattle prices strong, parched pastures accelerates yearling run

The Markets with Deb McMillin, from the September 2023 issue of Canadian Cattlemen

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Fed cattle Feedlot margins are positive while packer margins have started to struggle. As packers push back, carcass weights have grown, supplies have increased slightly and beef demand dipped lower during the extreme summer heat. All this has contributed to a seasonal reduction in fed cattle prices.. From the June price high of $247.84/cwt, prices […] Read more

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