
Beef Cattle

Klassen: Canadian feeder market rationing demand
Demand from Ontario remains aggressive
Compared to last week, western Canadian yearling prices were up $4-$6 while calf markets traded $6 to as much as $10 above week-ago levels. May feeder cattle futures are trading at a $8 premium to the nearby March contract. The carrying charge in the futures market has encouraged buyers to step forward sooner rather than […] Read more

Alberta ranching family teaches cattle to forage through snow
Roxanne and Kevin Ziola transitioned their operation from a mixed farm to a grass-fed ranch, where winter grazing is a key part of their production
A panel of three producers sits at the front of a room filled to bursting with farmers and professionals in the industry. It’s a chilly day in December in Edmonton, Alta., at the Western Canada Soil Health and Grazing Conference, but these producers don’t mind the cold — in fact, they often use it to […] Read more

Klassen: Larger supplies of backgrounded cattle weigh on feeder complex
Compared to last week, western Canadian yearling markets traded steady to $3 lower. Calf prices were quoted $5 lower to $3 higher. Backgrounded cattle appeared to have a softer tone as more numbers come on the market. Usually, the bulk of the volume for backgrounded cattle are animals over 850 lbs. However, this year, the […] Read more

Beef consumption to rise in China, JBS predicts
China seen as more competitive in domestic chicken, pork markets
Sao Paulo | Reuters — Demand for beef in China is expected to rise as the country still has relatively low per capita consumption, Gilberto Tomazoni, chief executive of JBS SA, said on Wednesday during a business conference. He said Brazil and the U.S., where JBS has meat facilities, are well positioned to meet China’s […] Read more

Klassen: Feeder market percolates higher amid finicky buyers
Ontario feedlots bring demand for West's calves
Compared to last week, western Canadian feeder cattle markets traded steady to $4 higher on average. Certain pockets in Manitoba and eastern Saskatchewan had steer calves up $4-$8 from week-ago levels. Alberta values were relatively unchanged from seven days earlier on all weight categories. Steady demand was noted from Ontario feedlots for calves while Alberta […] Read more

U.S. beef cow herd falls to lowest level since 1962, USDA says
Last year saw record cull, Rabobank reports
Chicago | Reuters — The U.S. beef cow herd dropped to its lowest level since 1962, U.S. Department of Agriculture data showed on Tuesday, after a severe drought raised costs for livestock feed. Ranchers increasingly sent cows to slaughter last year, instead of keeping them to reproduce, as dry weather reduced the amount of pasture […] Read more

Sell-buy cattle marketing with Doug Ferguson
Learn how one producer applies sell-buy marketing to his own operation
When Doug Ferguson was a teenager, he had three things on his to-do list — have a family, ride bulls and raise cattle. Even back then he knew he had to make money doing the latter to support the other two aims. The cattle marketer grew up on a mixed farming operation in southeast Nebraska […] Read more

Saskatchewan holds Crown grazing rents at last year’s levels
Also, leaseholders on drought-downgraded land eligible for rate cut
Cattle producers leasing Crown land for grazing in Saskatchewan won’t see a rate hike this year and may be eligible for a significant rate cut. The provincial government announced Wednesday it has frozen the rates charged to producers who lease Crown grazing land in 2023 at their 2022 level. The freeze will apply to all […] Read more

Klassen: Feeder market’s upward trend continues
Manitoba, Saskatchewan see limited gains
Compared to last week, western Canadian feeder cattle markets traded $2-$3/cwt higher on average. Southern Alberta appeared to lead Western Canada. Prices in the Lethbridge area were up $8/cwt to as much as $15/cwt from week-ago levels. Major operations have liquidated a significant amount fed cattle and become more current with production. There was a […] Read more

Cattle-on-feed numbers rise, feed costs remain at ‘record-high levels’
The Markets with Deb McMillin, from the February 2023 issue of Canadian Cattlemen
Fed cattle Smaller slaughter numbers and lighter carcass weights through the holidays led to a stronger cash price as we started the new year. The first week of trade in 2023 ended with an average of $186.04/cwt, which was $1.54/cwt higher than the end of 2022 and over a $3/cwt improvement from the December low. […] Read more