Cattle price insurance premiums reflect risk

News Roundup from the March 2016 issue of Canadian Cattlemen

If you haven’t bought price insurance on your calves through the Western Livestock Price Insurance Program (WLPIP) yet you’ll find the premiums a little higher than last year. That’s to be expected given the volatility in today’s market, says Bruce Viney, a risk management specialist with Alberta Agriculture and Forestry. “Volatility is simply a statistical […] Read more




A town square in Aguas Calientes, near Machu Picchu in southern Peru. (CIA.gov)

Peru lifts trade barriers to U.S. beef

Washington, D.C. | Reuters — Peru has agreed to lift its remaining safety barriers to U.S. beef exports, further opening one of the fastest-growing markets in Latin America to U.S. ranchers, Obama administration officials said Monday. U.S. Trade Representative Michael Froman and Agriculture Secretary Tom Vilsack said the agreement with Lima will remove certification requirements […] Read more





U.S. livestock: CME live cattle snaps back in anticipation of cash prices

Chicago/Reuters – Chicago Mercantile Exchange live cattle contracts rose on Friday, paring recent losses as investors pulled futures closer in line with expectations for cash prices later on Friday, traders said. April closed 0.900 cent per lb higher at 136.350 cents, and June ended up 0.850 cent to 126.475. “We’re just playing catch up to […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle steady but demand remains sluggish

Western Canadian feeder cattle prices traded in line with week-ago levels on average, though the market was quite variable across the Prairies. Favourable temperatures in southern Alberta enhanced demand on all weight categories, especially on grassers from 500 to 650 lbs. Higher-quality backgrounded cattle were also $4-$8 higher in certain cases in Alberta. In Saskatchewan […] Read more