Beef Cattle , Latest & Featured - Canadian Cattlemen

Feeder cattle market functions to encourage expansion

Market Talk with Jerry Klassen

By Jerry Klassen August 4, 2023

In the September 6, 2022 issue of Canadian Cattlemen, I wrote an article stating that fed cattle numbers were expected to be extremely tight in the first half of 2023. I included a chart projecting that the feeder cattle futures would reach historical highs in October and November of 2023. Over the past couple of […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hogs decline; cattle inches higher

By Christopher Walljasper, GFM Network News August 3, 2023

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell on Thursday, pressured by declining demand and expectations of greater supplies of market-ready hogs heading into the fall, analysts said. “You had a cutout that took a big step back yesterday. You had export numbers that weren’t especially supportive this morning, and the fact […] Read more

In Saudi Arabia, Canadian beef is most often found in the foodservice sector, such as fine dining establishments and hotels.

Beef Cattle, Global markets, Livestock, Markets

Market Intelligence Update from Canada Beef: Beef consumption on the rise in Saudi Arabia

By Canada Beef August 1, 2023

Saudi Arabia is the largest country of member states in the Gulf Cooperation Council with a growing population of over 36 million and has the fifth highest population among Middle Eastern nations. It has the 18th largest GDP in the world at over USD $1 trillion and is the largest in the region. The overall […] Read more

Beef Cattle, Livestock, Markets

Klassen: U.S. feeder markets lead Canadian prices higher

Dry conditions in Saskatchewan and parts of Alberta are moving yearlings off grass sooner than expected

By Jerry Klassen, GFM Network News August 1, 2023

Compared to last week, Western Canadian yearling markets once again jumped $3-$5/cwt on average. Higher quality 900-pound steers are reaching up to the range of $310-$315/cwt. Comments from readers suggest that 850-900-pound steers are trading up to $315-$320/cwt. Calves in the 500-550-pound range are reaching just over the $400/cwt level. Dryer conditions in Saskatchewan and […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hog futures climb on strong demand

SubtitleCattle futures were pressured by softer cash prices and uncertain consumer demand

By Christopher Walljasper, GFM Network News July 31, 2023

Chicago | Reuters – Chicago Mercantile Exchange hog futures climbed to nearly four-month highs on Monday, supported by strong demand. “Cash trade got off to a good start. There’s margin out there with where fresh pork values are at. I think that’s helping to move things along,” said Matthew Wiegand, risk management consultant at FuturesOne. […] Read more

(Deyana Robova photo/iStock/Getty Images)

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hog futures reach one-week high

For beef processors, margins are worsening

By Tom Polansek, GFM Network News July 28, 2023

Chicago | Reuters – Chicago Mercantile Exchange livestock futures rose on Friday, with the hog market reaching its highest price in a week as profit margins improved for pork processors. The hog market has turned higher after dropping to a one-week low on Wednesday. Most-active October lean hog futures LHV3 ended up 1.775 cents to […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle futures mixed; feeders boosted as corn slumps

By P.J. Huffstutter, GFM Network News July 27, 2023

Chicago | Reuters – Feeder cattle futures on the Chicago Mercantile Exchange Group (CME) ticked up again on Thursday, bolstered by continued weakness in corn futures Cv1, while live cattle futures were mixed on somewhat sluggish cash sales, analysts said. The U.S. Agriculture Department said on Thursday morning that export sales of beef rose to 21,400 […] Read more

Beef Cattle, Canadian Cattlemen, Global markets

Market Intelligence Update from Canada Beef: U.S. beef demand on track to remain among 20-year highs

By Canada Beef July 27, 2023

It is no secret that Americans like to barbeque and Circana’s May 2023 consumer survey suggests strong grilling activity for the summer of 2023. U.S. beef demand has been steady so far this year but muted shifts between channels and products are apparent. The current support for beef in the U.S. economy is overshadowed by […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: feeder cattle futures gain boost from corn market weakness

Meat packers continued to see profit margins stay in the red

By P.J. Huffstutter, GFM Network News July 26, 2023

Meat packers continued to see profit margins stay in the red

Cyanobacteria, also known as blue-green algae, can produce toxins that are harmful to livestock, wildlife and people.

Beef Cattle, Livestock, News

Take caution if blue-green algae is present in cattle water

“Blue-green algae can look like blue-green scum, pea soup or grass clippings suspended in the water. You should start watching for it when the temperatures rise above 25 C.”

By Jeff Melchior July 26, 2023

Glacier FarmMedia – In over three decades as a veterinarian, Roy Lewis never saw a cow die from ingesting blue-green algae from an infected water source. But he still says it’s an issue ranchers should watch for. Blue-green algae can be instantly deadly to an animal that ingests a sufficient amount. However, it’s tricky to identify as […] Read more

U.S. grains: Soybeans retreat as demand worries overshadow USDA’s production cut

U.S. livestock: Cattle slip on profit taking, technicals after weak beef export data

Canada looking at support for canola farmers hit by China tariffs, says Carney

Daily Network News

U.S. grains: Soybeans retreat as demand worries overshadow USDA’s production cut

U.S. livestock: Cattle slip on profit taking, technicals after weak beef export data

Canada looking at support for canola farmers hit by China tariffs, says Carney

Beef Cattle

Feeder cattle market functions to encourage expansion

U.S. livestock: CME lean hogs decline; cattle inches higher

Market Intelligence Update from Canada Beef: Beef consumption on the rise in Saudi Arabia

Klassen: U.S. feeder markets lead Canadian prices higher

U.S. livestock: CME lean hog futures climb on strong demand

U.S. livestock: CME lean hog futures reach one-week high

U.S. livestock: Live cattle futures mixed; feeders boosted as corn slumps

Market Intelligence Update from Canada Beef: U.S. beef demand on track to remain among 20-year highs

U.S. livestock: feeder cattle futures gain boost from corn market weakness

Take caution if blue-green algae is present in cattle water

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