
Beef Cattle

U.S. livestock: Live cattle futures extend profit-taking slide
Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange Group fell on Tuesday for a fourth session on profit-taking after last week’s contract highs, and a month-long slide in wholesale beef prices that erased meat packers’ profit margins, analysts said. CME August live cattle futures LCQ3 settled Tuesday down 0.450 cent at 178.300 cents […] Read more

U.S. livestock: live cattle futures end mixed; feeders pressured as corn soars
Persistent poor pasture conditions pushing producers to place more cattle in feedlots: analysts
Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange Group closed mixed on Monday, with nearby contracts pressured by surging feed grain prices and bearish data in Friday’s monthly U.S. Cattle on Feed report. CME August live cattle futures LCQ3 settled down 1.275 cents at 178.750 cents per pound and most-active October LCV3 […] Read more

Klassen: tight supplies continue to underpin feeder complex
Feedlot operators shrug off past week's rally in the corn market
Compared to last week, Western Canadian yearling markets traded $2-$5/cwt higher on average while calves were up $5/cwt to as much as $10/cwt in some cases. Feather light calves under 500 pounds reached fresh historical highs with 300-400 pound steers trading from $400-$450/cwt in Southern Alberta. Finishing feedlots continue to be aggressive on yearlings for […] Read more

At Ag in Motion: New tester monitors bull fertility
Glacier FarmMedia – Slow-swimming bull sperm will have no place to hide. A Scottish company, Dyneval, has created a new semen analyzer that measures a wider range of concentrations of semen than previous testing methods. This will allow veterinarians, beef and dairy producers to have more control over semen quality. The Dynescanl analyzer is also […] Read more

Klassen: Feeder market continues climb
Futures spur larger feedlots to lock in ownership
Compared to last week, quality yearling packages traded $6-$10/cwt higher. In some cases, prices were up as much as $12/cwt. Calf markets were relatively unchanged although the market was hard to defined due to limited volumes. Pastures are drying up in Saskatchewan and certain area of eastern Alberta. Yearlings from these regions are coming on […] Read more

Good demand for beef, though retail prices see slight decrease
The Markets with Deb McMillin, from the August 2023 issue of Canadian Cattlemen
Fed cattle In the 26 weeks of recorded sales in 2023, 23 of the weeks saw week-over-week improvements. The peak was the third week of June at $247.84/cwt, which was a $61.80/cwt improvement from the start of 2023 and 41 per cent higher than the same week in June 2022. The start of July saw […] Read more

More bovine TB cases found in Saskatchewan herd
Herd now depopulated, one separate contact herd identified
Corrected, July 14 — Postmortem testing of a Saskatchewan cattle herd culled after turning up three confirmed cases of bovine tuberculosis (TB) has yielded six more cases. The Canadian Food Inspection Agency (CFIA), which is tasked with testing the infected herd, said Thursday that as of July 12, a total of eight cases of bovine […] Read more

Making the most of available forage
Start the grazing season with a plan and lower cost of production over time
Developing a grazing plan is an important first step to ensure effective grazing management on an operation, and it can help save a producer on cost of production in the long run. A grazing plan that matches animal numbers to predicted forage yields should be made before turn out. Several key steps should be included: setting objectives […] Read more

Alberta lifts feeder loan guarantee limit
Amendment boosts individual limit by 50 per cent
Alberta has boosted the limit on the size of loan available under its Feeder Associations Loan Guarantee program, aiming to help producers keep up against rising livestock prices. An order in council amending the provincial Feeder Associations Guarantee Regulation was approved Monday, raising that program’s individual and joint-membership loan limit to $3 million, from $2 […] Read more

Klassen: Feeder market consolidates at historical highs
Higher borrowing costs offset lower feed prices
For the week ending Saturday, western Canadian yearling steer prices were quoted $2-$4 higher; yearling heifers traded $2 higher to $5 lower. Calves were relatively unchanged although volumes were limited. Larger groups of quality genetics were well bid while second tier cattle were marginally discounted off the highs. Some ranches are liquidating yearlings about one […] Read more