For the week ending June 28, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. Volumes moving through the ring were limited and the quality was quite variable.
Chicago Mercantile Exchange cattle futures ended higher on Friday under support from stronger wholesale boxed beef prices and buying interest, though concerns over waning consumer demand for beef continued to linger over the market, analysts said.
Chicago lean hog contracts dipped as a U.S. Department of Agriculture report showed inventories slightly up. Cattle futures were unchanged to slightly up.
Chicago Mercantile Exchange cattle futures ended mixed on Wednesday as market players weighed waning demand from consumers and retailers while hog futures turned higher, following a seasonal pattern, traders said.
Beef check-off rates in B.C., Alberta and Saskatchewan will change to align with the seller's home province as of August 1, regardless of where the sale takes place.
Chicago Mercantile Exchange lean hog futures edged lower on Tuesday on technical selling after setting contract highs in the previous session as traders weighed whether a seasonal peak in cash hog prices has petered out, analysts said.
This is my first column since the federal election. The Canadian Cattle Association works with all elected officials and parliamentarians, regardless of the political party that they represent, to address issues that concern Canada’s beef producers. During the election period, we developed recommendations so that we can reduce the barriers facing our farmers and ranchers that come […] Read more
For the week ending June 21, Western Canadian feeder cattle prices were unchanged to $10 lower on average compared to seven days earlier. However, prices for August and September delivery were unchanged from the previous week.