Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)

Meatpacker JBS’s plunging profit beats forecasts

Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest meat producer, on Thursday said quarterly profit plunged 47.1 per cent, but results still beat analysts’ estimates as higher revenues helped offset shrinking margins in its U.S. beef division. The company posted a third-quarter net profit of 4.01 billion reais (C$1.001 billion), while analysts […] Read more

Concerns of a recession being just around the corner and global economic issues are weighing on consumers.

Beef demand reacting to inflationary pressures

The Markets with Deb McMillin, from the November 2022 issue of Canadian Cattlemen

Fed cattle Canadian fed cattle prices are not experiencing the price strength that has been seen recently in the U.S., which is abnormal but has been the case a few times this year. Western Canadian feedlots were not as current as was expected for October. Reduced weekly kill numbers and decreased beef exports are contributing […] Read more


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Klassen: Tighter supplies underpin western Canadian feeder market

Weather conditions may sway buying interest

Compared to last week, western Canadian yearling prices were unchanged to $4 higher. Heavier calves notched a week-over-week gain of $2-$4. Mid-weight and lighter calves traded steady to $5 lower in Alberta but $4-$5 on either side of unchanged in Saskatchewan and Manitoba. Yearling numbers were limited and buyers paid up for quality packages while […] Read more

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U.S. livestock: Lean hog, live cattle futures sag in technical moves

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures declined on Friday, with the benchmark December contract hitting a near three-week low in what appeared to be featureless technical selling, traders said. CME December hogs LHZ2 settled down 0.400 cent at 82.975 cents per lb after touching 82.825, the lowest since Oct. 17, and falling below […] Read more


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U.S. livestock: Live cattle bounce from two-week low in most-active contract

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures finished higher on Thursday in the most-active contract, after shaking off a two-week low hit earlier in the session, traders said. Other contracts ended mixed, as the market took a breather following a recent rally in cash cattle prices, brokers said. Cash cattle on Thursday […] Read more

Silage is more than “just” fibre, but not all fibre is created equal when it comes to cattle feeding.

Silage: more than just filler

Research on the Record with Reynold Bergen

If starch (from grain) is the fuel in a feedlot diet, fibre (from a roughage such as silage) is the engine governor that slows digestion. A backgrounding diet might contain 60 per cent silage to moderate animal growth so that they grow frame and muscle without over-fattening. In finishing diets, grain levels are increased to […] Read more


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U.S. livestock: Cattle futures sag on long liquidation; cash trade awaited

Chicago | Reuters – U.S. live cattle futures on the Chicago Mercantile Exchange closed lower in range-bound trade on Tuesday as speculators exited long positions amid a lack of supportive news, traders said. CME December live cattle LCZ2 settled down 0.525 cent at 151.950 cents per lb but stayed inside of Monday’s trading range. January feeder cattle FCF3 finished […] Read more



Photo: Canada Beef

Klassen: Feeder cattle market experiences weather volatility 

Compared to last week, Western Canadian yearling prices traded $3 to $4 on either side of side of unchanged while calves traded $5 lower to as much as $6 higher. The calf market tends to experience a seasonal bounce every November. In certain cases, buyers appeared to step forward more aggressively last week in anticipation […] Read more

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U.S. livestock: Lean hogs bounce back from steep losses

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures settled higher on Friday in a recovery from sharp losses recorded in the previous session, while live cattle futures weakened for a second consecutive day. December lean hog futures LHZ2 ended up 0.975 cent at 86.100 cents per lb. The contract bounced after sinking by 3.375 cents […] Read more