Graham Schetzsle (l) 
and Ian Goodbrand.

Veteran, Alta. market introduces ‘fall-forward’ sales

On-screen video sale to help ranchers and auctioneers sell calves

With optimism on ranches and feedlots riding an all-time high, auction markets are gearing up for an exciting fall run with potential for record calf prices. Auction markets continue to reinvent this long-established and trusted system of selling cattle with all sorts of options to suit their customers’ needs and Dryland Cattle Trading Corp. at […] Read more


When will cow-calf producers stop shrinking?

When will cow-calf producers stop shrinking?

No sign of a turnaround yet

What will it take for cow-calf producers to start expanding the herd? That was the question that kept popping into my head as I read through the recently released 2013-14 results report of the Canadian Cattlemen Market Development Council. If that name doesn’t ring a bell, I’m not surprised. It isn’t well known outside of […] Read more



LIVESTOCK: CME live cattle futures climb before USDA report

Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Friday, supported by positioning before the U.S. Department of Agriculture’s monthly Cattle-On-Feed report at 2 p.m. CDT (1900) GMT. Analysts expect the report to show fewer cattle entered feedlots in July as expensive calves discouraged some feedyards from buying them. On Friday, USDA will […] Read more

LIVESTOCK: CME live cattle fall, pressured by equities tumble

Chicago Mercantile Exchange live cattle contracts closed sharply lower on Thursday, pulled down by the stock market’s sheer drop caused by European deflation and Argentina default worries. Wall Street investors dumped long positions across a broad range of commodities, including CME livestock futures, an analyst said. Global economic jitters could undermine consumer confidence, which could […] Read more


Cargill, citing shrinking cattle herd, to shut Wisconsin beef plant

Reuters — Cargill Inc, one of the nation’s largest beef processors, said on Wednesday it plans to close its Milwaukee, Wisconsin, beef-processing plant on Friday, because the size of the U.S. herd has fallen to its smallest in 63 years. The ground beef production side of the plant, which employs about 200 people, will remain […] Read more

Klassen: Feeder market surges like a rocket — steers hit $330

Western Canadian feeder cattle prices were extreme volatile and relatively undefined as the market made fresh historical highs. U.S. weekly beef production continues to come in below expectations and the market appears to be in a “supply shock.” At the same time, market-ready supplies of slaughter cattle are rather tight moving into August causing packers […] Read more



LIVESTOCK: CME hog futures slide on weaker cash, pork prices

Reuters — Chicago Mercantile Exchange hog futures on Thursday finished lower, pulled down by softer cash hog and wholesale pork prices, traders said. August finished 1.375 cents per lb lower at 123.200 cents, and October at 107.900, 2.550 cents lower. The average price of market-ready, or cash, hogs Thursday morning in the eastern Midwest, fell […] Read more