

Dittmer: Experts analyze American fed cattle marketing
Free Market Reflections with Steve Dittmer
Texas A&M University’s Agricultural and Food Policy Center co-ordinated and has published a 201-page study authored by 17 agricultural economists and market analysts from 10 different universities, plus support from the USDA chief economist. Entitled U.S. Beef Supply Chain: Issues and Challenges, the study was commissioned in August of 2020 by the U.S. House Agriculture […] Read more

U.S. livestock: Cattle futures up for third straight day
December, February hogs lower
Chicago | Reuters — CME Group cattle futures rose for a third day in a row on Friday, with the front-month live cattle contract hitting a fresh 4-1/2-year high on strong cash markets and rising slaughter numbers. Hog futures were weaker on technical selling. CME’s most-active February live cattle contract gained 0.45 cent to 137.7 […] Read more

Steele Brooke Farm wins Supreme Female at Expo Boeuf
Purely Purebred, news from the November 2021 issue of Canadian Cattlemen
Congratulations to the crew at Steele Brook Farm on winning Supreme Female (Champion Female InterRace) with their Shorthorn cow-calf pair at the recent Expo Boeuf held October 8 to 10 in Victoriaville, Que. The cow taking top honours was a home-raised female, Steele Brook Addition 2E, with her heifer calf at side, Steele Brook Destiny […] Read more

Fed cattle supply outpaces demand, non-fed cow price lowest in a decade
The Markets with Deb McMillin, from the December 2021 issue of Canadian Cattlemen
Fed cattle Canadian supplies are outpacing demand. Even with more slaughter shifts, the fed market remained within a fall low trading range. Fall 2021 saw most trade fall within $155.61/cwt and $158.25/cwt. The mid-November average is $156.38/cwt for fed steers in Western Canada, $22.88/cwt above the same week in 2021. Higher input costs created negative […] Read more

Alberta looks for feed, Ottawa promises cash for B.C.
Alberta to help with veterinary testing after B.C.'s lab flooded, Alberta ag minister says
Even though supplies are low because of drought, Alberta is looking for feed to send to B.C. livestock producers, while Ottawa will provide emergency financial assistance to farmers dealing with flooding and closed roads in the hard-hit province. “We’ve been working with the B.C. department of agriculture,” Alberta Agriculture Minister Nate Horner said during a […] Read more
U.S. livestock: Cash, export markets lift CME live cattle
December hogs lower, February up
Chicago | Reuters — CME Group cattle futures rose on Thursday, with the front-month live cattle contract hitting its highest since June 2017 on support from strength in the cash markets. Rising overseas demand also lent support cattle futures after the U.S. Agriculture Department said that weekly beef export sales totaled 30,000 tonnes, the most […] Read more

U.S. livestock: CME lean hogs fall, live cattle firm
Chicago | Reuters — CME lean hog futures fell on Wednesday, hit by profit-taking after rallying in the previous session, traders said. Live cattle futures were firm but gains were kept in check as the market consolidated near the 4-1/2-year highs hit earlier in the week. CME December lean hogs fell 1.55 cents to 76.175 […] Read more

BeefWatch: Canadian cattle herd increases, strong beef demand seen from consumers
Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association
The third quarter brought opportunities and challenges as strong beef demand warrants cautious optimism for producers who must still contend with a year of drought. The Canadian cattle herd has reportedly increased for the first time since 2017 with beef breeding heifer numbers up on July 1. Beef exports have surged with strong consumer demand […] Read more

Trade expansion may mean growth for Canadian beef industry
Recent interest in trade expansion is encouraging to the beef industry, says the Canadian Cattlemen’s Association (CCA). In September, both Taiwan and China formally applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which currently includes Canada, Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Britain began negotiating […] Read more

U.S. livestock: CME lean hogs up, cattle weak
Chicago | Reuters — CME Group lean hog futures rallied on Tuesday, supported by fund buying and expectations that supplies will begin to tighten in the coming weeks, traders said. Live cattle futures eased slightly for the second day in a row as the market waited for fresh bullish inputs before driving prices above the […] Read more