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Beef Cattle

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market momentum eases

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The upward momentum in the feeder cattle complex appears to have subsided over the past week. Western Canadian prices were relatively stable with week-ago levels but there were cases of quality yearling packages (800-plus lbs.) trading $2 to $4 higher. Excellent pasture conditions and optimal weather have delayed feature sales this year in the eastern […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Short-covering pares early CME live cattle losses

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Monday after short-covering trumped follow-through selling that initially pressed futures to a 15-month low, traders said. Spot-October closed up 0.875 cent/lb. at 141.475 cents, and December was 0.8 cent higher at 143.175 cents (all figures US$). October was further supported by fewer cattle […] Read more
meat display in store
Beef Cattle, Prime cuts

Tough times in the meat case

Prime Cuts from the August 2015 issue of Canadian Cattlemen

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May and June are the two best months of the year for retail beef sales in the U.S. But high prices and consumers’ reluctance to spend more on beef put a damper on sales this year. The week leading up to the Memorial Day holiday has the second-largest sales in volume and value while the […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Drops in cash, beef prices topple CME live cattle futures

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Chicago/Reuters – Chicago Mercantile Exchange live cattle futures at one point on Friday matched their 15-month low, responding to slumping prices for wholesale beef and market-ready, or cash, cattle, traders said. Spot-October closed down 2.350 cents per lb to 140.600 cents, and December was 2.325 cents lower at 142.375 cents. This week, cash cattle in […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle fade with cash price hopes

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Chicago | Reuters — Chicago Mercantile Exchange live cattle posted modest losses on Thursday in anticipation of possibly lower prices for market-ready, or cash, cattle on Friday, traders said. Spot-October closed down 0.025 cent/lb. to 142.95 cents, and December 0.375 cent lower at 144.7 (all figures US$). Cash bids in Nebraska surfaced at $139-$140/cwt against […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Profit-taking trims CME live cattle gains

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Chicago | Reuters — Chicago Mercantile Exchange live cattle closed lower on Wednesday, after profit-taking and cash price uncertainty turned back initial advances, traders said. Spot-October closed 0.5 cent/lb. lower at 142.975 cents, and December dropped 0.7 cent to 145.075 (all figures US$). Packers have not bid for market-ready (cash) cattle priced at $146/cwt in […] Read more
cattle grazing
Beef Cattle, Holistic ranching

Drought management for pastures: Q & A

Tips on getting past a drought and when you should consider destocking

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Q. We have just experienced the driest May on record. The growth on my pastures is pretty dismal. I am under a lot of pressure and stress. Can H M help me? A. Yes, definitely. H M is a decision-making process. Good decision-making is always important. In difficult times it is critical. Thank you so […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market firm, erratic

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Western Canadian feeder cattle prices were generally stronger this past week, with increased volatility at the higher price levels. Larger volumes were noted in Alberta, while Saskatchewan and Manitoba auction markets have yet to come on in full force. Buyers were more finicky in regards to quality features, causing some of the diverse price action. […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle limit up on short-covering

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Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby trading months settled up their three-cent-per-pound daily price limit on Tuesday, partly fuelled by short-covering and futures’ discounts to last week’s cash prices, traders said. October and December live cattle ended at 143.475 and 145.775 cents, respectively (all figures US$). CME’s live cattle trading limit […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets, Sheep/Goats

Canada losing bluetongue-free status

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New findings of bluetongue in cattle in Canada — outside the one area of the country where the virus previously gained a toehold — have trading partners shutting their ports to Canadian livestock genetics and animals. Three cattle from one farm in southwestern Ontario’s Chatham-Kent municipality have now tested positive for bluetongue serotype 13 — […] Read more

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