Klassen: Feeder cattle outlook

Feeder cattle prices reached historical highs earlier in spring and the market has been relatively stable throughout the summer. The market has been characterized by lower volumes and various quality over the past couple of months which can make it hard to define. The factors that drove the market higher during the spring time frame […] Read more

U.S. livestock: CME live cattle limit up on beef bounce

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished up their three-cent-per-pound daily price limit on Tuesday, driven by short-covering and bargain hunting following the spike in wholesale beef prices, traders said. Spot October and December finished at 125.125 and 133.225 cents, respectively (all figures US$). Live cattle’s trading limit will be expanded to […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle prices collapse

Western Canadian feeder cattle prices were traded $15 to $25 below week-ago levels, suffering one of the largest declines in history. Heavier replacement cattle led the market lower, trading down $20 from week-ago levels, while feeders under 600 pounds dropped $10 to $12 on average. Feedlot operators pulled in the reins, as fed cattle dropped […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Sagging beef prices drag on CME live cattle

Chicago | Reuters –– Chicago Mercantile Exchange live cattle resumed their recent downtrend on Monday after the seasonal drop in wholesale beef values trimmed last Friday’s futures gains, traders said. Spot-October settled down 0.95 cent, to 122.125 cents/lb,, and December 1.15 cents lower at 130.225 cents (all figures US$). Monday morning’s wholesale choice beef price, […] Read more

(PortMetroVancouver.com)

Dawson: Ag exporters applaud historic TPP deal

Export-oriented Canadian farmers are giving the Trans-Pacific Partnership (TPP) agreement reached in Atlanta on Monday two thumbs up. The deal, which remains to be debated in Canada’s House of Commons and could take more than a year to be ratified by all 12 member countries, will see tariffs on Canadian products in those markets eliminated […] Read more


(PortMetroVancouver.com)

Market access, income supports come with Trans-Pacific pact

Canada’s federal government has pledged a suite of compensation programs for supply-managed dairy, poultry and egg sectors, against what it promises will be a mousehole in Canada’s tariff wall. Federal officials on Monday confirmed negotiations have concluded on the multilateral Trans-Pacific Partnership, now billed as “the largest, most ambitious free trade initiative in history.” The […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle snap four-day losing streak

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished the week on a positive note, fueled by short-covering and bargain hunting that halted future’s four-day skid, traders said. Spot-October settled 1.675 cents higher at 123.075 cents/lb., and December 1.375 cents higher at 131.375 cents (all figures US$). CME live cattle’s Relative Strength Index (RSI) […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle again sag to two-year bottom

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Thursday slid to a two-year low for a second consecutive session, after investors sold October and bought deferred months in anticipation of more cash price weakness, traders said. Spot-October settled at 121.4 cents/lb., down 3.275 cents, and December 0.925 cent lower at 130 cents […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle hit two-year low on beef, cash prices

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Wednesday drifted to a two-year low, with October down the 4.5-cent daily price limit, as wholesale beef values and preliminary cash prices continued to sag, traders said. Spot-October settled at 124.675 cents/lb. (all figures US$). December ended 3.225 cents lower at 130.925 cents. Live […] Read more