The Federal Reserve’s influence on cattle prices

The Federal Reserve’s influence on cattle prices

Market Talk with Jerry Klassen

The U.S. Federal Reserve cut its key benchmark rate by 25 basis points on October 30, bringing its lending rate to the range of 1.50 per cent to 1.75 per cent. This was the third rate cut since July and it appears that Federal Reserve Chairman Powell will wait for further economic data before making […] Read more




(Photo courtesy Canada Beef Inc.)

Cattle producers get longer phase-in on new transport regs

New federal livestock transport regulations, due to come into force in February, will now roll out on a longer timeline for the beef and dairy cattle sectors. Federal Agriculture Minister Marie-Claude Bibeau has announced a “two-year transition period” for bovines, which is meant to provide “time to gather more data on effective solutions concerning the […] Read more


CME February 2020 live cattle with 20-, 30- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures rise on technical buying

Chicago | Reuters — U.S. cattle futures rose on Wednesday, rebounding from Tuesday’s downturn, while hog futures eased. Traders said that signs of strength in the cash market added support to the strength in both live and feeder cattle contracts. Technical buyers also helped pushed prices higher after early signs of strength. Chicago Mercantile Exchange […] Read more




Canadian beef exports to Japan have grown substantially in 2019.

Beef and veal exports up in 2019

Markets: News Roundup from the December 2019 issue of Canadian Cattlemen

The latest numbers from Agriculture and Agri-Food Canada and Statistics Canada show that beef and veal exports grew significantly in 2019. As of September 30, Canada had exported a total of 330,757 tonnes of beef and veal, compared to 294,527 in the same period last year, a growth of 12 per cent. The dollar value […] Read more



Fed cattle prices seen higher on sustained demand

Fed cattle prices seen higher on sustained demand

The Markets with Deb McMillin, from the December 2019 issue of Canadian Cattlemen

Fed cattle The last two weeks have seen fed cattle prices pushed higher by continued demand, the re-opened border, higher cut-out values and reduced supplies. Seasonally, fed prices are responding to demand for middle meats as buyers look towards their holiday needs in the coming month. At the same time, China announced that it has […] Read more