
Cow-calf

CCA Reports: Export markets, ag education and environment on the agenda
From the May 2021 issue of Canadian Cattlemen
We have certainly had a busy spring so far at the Canadian Cattlemen’s Association (CCA) and within our industry. But I’m not complaining. We made progress to further support the financial stability of ranchers, strengthen and grow our exports and educate youth about Canadian beef. At the CCA annual general meeting held in March, our […] Read more

U.S. livestock: Live cattle futures fall on long liquidation
Lean hogs down with pork export sales data
Chicago | Reuters — U.S. live cattle futures fell 2.5 per cent on Thursday, following broad declines in grain and livestock markets that analysts attributed to fund-driven long liquidation and technical selling after recent highs. “It seems it was a risk-off day all across the board… It was more of a technical move and just […] Read more

Should I expand the cow herd?
Market Talk with Jerry Klassen
I’ve received many inquiries over the past six to eight months from cow-calf producers asking if they should be expanding their cow herd. Producers are asking whether they should try to get another calf out of the older cows and how aggressive they should be with heifer retention. In my experience, cow-calf producers do not […] Read more

U.S. livestock: Live cattle futures end mixed
Feeder cattle rise as corn prices falter
Chicago | Reuters — U.S. live cattle futures closed mixed on Wednesday, with the benchmark June contract easing in a light round of profit-taking while robust beef prices continued to underpin the market, traders said. Chicago Mercantile Exchange June live cattle futures settled down 0.025 cent at 118.6 cents/lb., retreating after a climb to 119.425 […] Read more

Eastern drought zones set for livestock tax deferrals
Regions designated in P.E.I., N.S., N.B., Quebec
In a decision that may have come late for some, New Brunswick, Prince Edward Island and parts of southeastern Quebec and northwestern Nova Scotia have been declared drought zones for eligible livestock producers’ 2020 tax purposes. The federal government on Monday released its list and map of prescribed drought regions where tax deferral on sales […] Read more

U.S. livestock: CME live cattle extend rally as beef prices climb
June hogs down third straight day
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday for a fifth straight session, led by high-flying wholesale beef prices, analysts said. Feeder cattle futures also advanced but gains were muted as corn futures rallied, signaling higher costs to bring cattle up to market-ready weight. CME June live cattle futures settled […] Read more

BeefWatch: Canadian cattle inventories shrink, fed cattle prices improve
Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association
Canadian cattle inventories continued to shrink at the start of 2021, while U.S. inventories declined slightly from their peak. North American cattle supplies remain ample but could tighten as the year progresses with the potential of a smaller calf crop. Canadian beef production continues to be supported by feeder imports from the U.S. The backlog […] Read more

Klassen: Stronger fed cattle prices underpin feeder complex
Limited feed and forage hinder further upside
Alberta packers were buying fed cattle on a dressed basis in the range of $265-$270 delivered this past week, up $3-$5 from seven days earlier. Live prices were quoted at $159-$162 delivered using a 60 per cent grading. If the feedlot operator booked their feed grains earlier in winter, live prices are $2-$3 above breakeven […] Read more

Walmart locks in CRSB claim for in-store beef brand
Chain to be first retailer in Canada with certified-sustainable label on pack
The Canadian arm of Walmart has locked in enough of a supply of certified-sustainable beef to label its entire Your Fresh Market burger patty line accordingly. The retail giant announced Monday it’s now sourcing beef from “certified sustainable” farms and ranches according to standards set by the Canadian Roundtable for Sustainable Beef (CRSB). The company […] Read more

U.S. livestock: CME cattle gain as demand remains strong
Lean hogs down for second session
Chicago | Reuters — Chicago Mercantile Exchange cattle futures gained on Monday as cattle processing picked up, led by strong beef prices, while feed cattle gained on tight supplies and a lower corn trade, analysts said. CME June live cattle futures added 2.2 cents to 118.225 cents/lb., while August feeder cattle futures finished 4.425 cents […] Read more