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Assessing the first quarter – cattle inventories disappointing

News Roundup from the May 2016 issue of Canadian Cattlemen

At the end of the first quarter the domestic steer slaughter was down 2.3 per cent while the domestic heifer slaughter was down 9.1 per cent. That doesn’t tell us much until we factor in live slaughter steer and heifer exports. The sex of fed cattle slaughter exports is not known until closer to year-end, […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Improving margins support feeder market

Average western Canadian feeder cattle prices were $3-$5 above week-ago levels, with top-quality larger groups trading as much as $8-$10 higher. While current pen closeouts remain underwater, the deferred positions are somewhat brighter, which has rejuvenated buying enthusiasm. Most risk management strategies rely on cattle feeders staying in the game all year. There appears to […] Read more


(USDA.gov via Flickr)

U.S. livestock: Cattle limit down after bearish USDA surprise

Chicago | Reuters — U.S. live cattle and feeder cattle futures tumbled by their respective daily price limits on Monday, declining two per cent or more in a selloff triggered by bearish U.S. Department of Agriculture data released after Friday’s session. Cattle gapped lower on their price charts at the opening of trading, before locking […] Read more




Rustlers take more than your cattle

Rustlers take more than your cattle

Be sure you can identify your animals

Nearly six years after 10 bred heifers were stolen from them, Glenn and Christine Strube still feel the lingering stress of the long, drawn-out court process that ended with a guilty verdict. Most disturbing is knowing that the crime wasn’t committed by a fly-by-night thief, but by a neighbour who blatantly lied about it. Little […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Drop in fed cattle prices weighs on feeder complex

Alberta fed cattle prices dropped sharply last week, with dressed sales falling $10 to $20 from seven days earlier. Despite the weakening Canadian dollar, wholesale beef prices also fell US$10/cwt which offset any currency benefit. Feedlot operators froze with disbelief as the market suffered one of the sharpest week-over-week declines in recent memory. The hot […] Read more