U.S. cattle herd rebuilding well underway after seven-year slide

U.S. cattle herd rebuilding well underway after seven-year slide

Semi-annual report puts U.S. cattle herd at two per cent larger than a year ago

The U.S. cattle herd as of July 1 was up two per cent from a year ago, continuing the trend that began in January that reversed a seven-year decline, the government’s semi-annual cattle report showed July 24. Affordable feed, healthy grazing pastures and strong cattle prices encouraged ranchers to aggressively replenish U.S. cattle numbers that […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle close mixed, hogs lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled mixed on Wednesday after investors bought the August contract and sold deferred months prompted by the morning’s wholesale beef price increase, traders said. Spot-August futures closed 0.45 cent/lb. higher at 148.675 cents, and October was down 0.025 cent at 148.175 cents (all figures US$). Wednesday […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle stretch rally into fourth straight day

Chicago | Reuters –– Chicago Mercantile Exchange live cattle barely eked out a four-day win streak after Tuesday’s choppy session, underpinned by anticipation of the same or better cash prices than a week ago, traders said. Spot-August futures closed 0.225 cent/lb. higher at 148.225 cents, and October up 0.1 cent at 148.2 cents (all figures […] Read more

Klassen: Feeder cattle prices stabilize

Klassen: Feeder cattle prices stabilize

Western Canadian feeder cattle prices found some footing this past week trading at similar levels to seven days earlier.  Auction market volumes consisted of stragglers and late bloomers with minimal numbers on offer; buyers on hand continue to promote the scarcity principle which caused the market to stabilize. Feedlots operators were quite aggressive on 800 […] Read more


Facilities for Ontario beef cattle

Facilities for Ontario beef cattle

News Roundup from the June 2015 issue of Canadian Cattlemen

The phone rings and the question is, “I want to build a new barn for my beef cows, are there any new designs? The Canada Plan Service plans date back 30+ years.” The observation that beef barn design has not changed much is somewhat true. There are new fabric barns, and new flooring discussions, but […] Read more

U.S. livestock: Burdensome supply worries drag down CME hog futures

Chicago/Reuters – Chicago Mercantile Exchange lean hogs closed lower on Friday as hefty supplies continued to pressure cash and wholesale pork values, traders and analysts said. August ended down 1.175 cents per lb at 78.500 cents, and October 1.975 cents lower at 63.725 cents. Market-ready, or cash, hogs in the western Midwest sold at $73.63 per […] Read more


U.S. livestock: CME live cattle futures finish mostly weak; hogs lower

Chicago/Reuters – Most Chicago Mercantile Exchange live cattle contracts ended weak on Thursday, after investors sold deferred months and bought August led by near-term bullish fundamentals, traders said. August closed up 0.300 cent per lb at 145.225 cents, October down 0.025 cent at 146.450 cents and December 0.150 cent lower at 148.125 cents. Market-ready, or […] Read more



U.S. livestock: CME live cattle futures weak ahead of cash prices

U.S. livestock: CME live cattle futures weak ahead of cash prices

Chicago/Reuters – Chicago Mercantile Exchange live cattle closed down slightly on Wednesday as investors await this week’s cash sales, traders said. August closed down 0.125 cent per lb at 144.925 cents, and October 0.325 cent lower at 146.475 cents. Bids for market-ready, or cash, cattle in Kansas and Texas were at $143 per cwt versus […] Read more

U.S. livestock: Beef price turnaround rallies CME live cattle futures

U.S. livestock: Beef price turnaround rallies CME live cattle futures

Feeder cattle futures close sharply higher, strong lean hog futures settlement

Chicago/Reuters – Chicago Mercantile Exchange live cattle contracts finished in positive territory on Tuesday for the first time in five sessions, fuelled by active short-covering following the recent wholesale beef price rise, traders and analysts said. August closed 2.025 cents per lb higher at 145.050 cents, and October 2.825 cents at 146.800 cents. The morning’s […] Read more