The constellation of prices is when the deferred live cattle futures behave and move in tandem with the nearby contract.

Constellation of cattle futures prices and futures markets spreads

Market Talk with Jerry Klassen

The live and feeder cattle futures markets experienced sharp downward price behaviour during the final quarter of 2024. Although the price weakness was being influenced by the nearby fundamentals, the deferred live and feeder cattle contracts were also trending lower. In this article, I’m going to discuss market behaviour referred to as the “constellation of […] Read more

(HLS.ca/virden)

Auction mart report for the week of March 8, 2024

Regional market analysis from Manitoba, courtesy of the Livestock Markets Association of Canada members.

Western Manitoba, courtesy of Heartland Livestock Services Virden saw 650 cattle through the ring over this snow week. Half of those cattle were bred cows, 30 per cent butcher cattle and the remaining 20 per cent feeders. Local buyers purchased 20 per cent of those animals, eastern buyers another 20 per cent, American buyers 10 […] Read more


Work with your veterinarian to make sure that your vaccination program includes all the core vaccines and other important diseases facing your herd.

Livestock vaccines: An ounce of prevention

Research on the Record with Reynold Bergen

Vaccines are an important tool to help minimize pre-weaning calf illness and death early in life, reduce the risk of reproductive failure in the breeding herd and help improve colostrum’s ability to protect next year’s calf crop when it hits the ground. Vaccine technology, programs and practices are constantly evolving. All the options can be […] Read more

(HLS.ca/virden)

Auction mart report for the week of Feb. 9, 2024

Regional market analysis from Manitoba, courtesy of the Livestock Markets Association of Canada members.

Western Manitoba, courtesy of Heartland Livestock Services A light run of cattle this week, with about 300 going through Virden. The majority were feeders, and the remaining 10 per cent butcher cattle. About 40 per cent went to southern Alberta, 30 per cent local, 10 per cent to the east, and 20 per cent to […] Read more


Photo: File

U.S. livestock: CME cattle soar as cash markets firm

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures jumped on Thursday, buoyed by rising cash cattle prices and a government inventory report confirming that the total number of U.S. cattle fell to a 73-year low. CME April live cattle futures LCJ24 settled up 2.475 cents at 183.175 cents per pound, nearing Monday’s 2-1/2-month high of […] Read more

Feed grain prices poised to strengthen

Feed grain prices poised to strengthen

Market Talk with Jerry Klassen

During the first week of January, Lethbridge area feedlots were buying feed barley in the range of $310-$320/tonne delivered. In central Alberta, operations were making purchases from $270/tonne to $310/tonne. The feed barley market came under pressure in December after the release of Statistics Canada’s November crop survey. Weaker corn prices have also contributed to […] Read more


Minor changes to a mineral and vitamin feeding program can make a big difference to animal health and productivity.

Changing feeding programs after calving

Nutrition with Barry Yaremcio

Cows and bred heifers require 25 per cent more nutrients after calving than during late pregnancy. Milk production peaks eight weeks after calving. Feed intake increases until 12 weeks after calving. The increased feed intake is the result of the digestive system expanding to fill the space that was occupied by the fetus and reproductive […] Read more

Market Intelligence Report from Canada Beef: Retail beef prices soften as inflation slows

Market Intelligence Report from Canada Beef: Retail beef prices soften as inflation slows

Macroeconomic indicators continue to signal that previous interest rate increases have been effective. Canada narrowly missed going into a recession in the third quarter, unemployment moved slightly higher and inflation is slowing. In contrast, U.S. data indicates an economy on fire. Retail beef prices moved seasonally lower last year, declining 12 per cent month-over-month to […] Read more


EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)

Market Intelligence Report from Canada Beef: Shrinking cattle herds in Europe bump Canadian beef imports

As Europe’s beef producers face drought, high feed costs and limited forage, the EU’s imports of Canadian beef have grown slightly, and are expected to continue growing modestly. However, the biggest challenge to further growth of Canadian beef in this market is the limited number of beef plants in Canada that are willing to meet […] Read more