(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market bounces off the lows

Western Canadian feeder cattle markets experienced a week-over-week gain of $5 to $8. Strength in live cattle futures, along with the weaker Canadian dollar, rejuvenated buying interest amongst feedlot operators across the Prairies. Alberta packers were buying fed cattle in the range of $222 to $227 on a dressed basis, which was also up $2 […] Read more

(Dave Bedard photo)

Cargill profit jumps on beef demand, grain margins

Reuters — Global commodities trader Cargill reported a sharply higher quarterly net profit on Tuesday, helped by rising beef demand and stronger grain trading and processing margins. The privately held company’s net income rose 66 per cent to $852 million in the first quarter ended Aug. 31 from $512 million a year earlier (all figures […] Read more



When beef supplies are growing, the futures market anticipates that increased supply and deferred futures trade at discounts to nearby months.

Understanding cattle markets

Whenever I provide a market outlook for a producer group or convention related to beef production, I always start off by asking how many producers subscribe to market information. Inevitably, maybe three or four hands go up. The market outlook is always the last topic of discussion at the convention and needless to say, given […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market well supported

Western Canadian feeder cattle prices were generally steady with week-ago levels as volumes continue to decline into the summer months. The quality of cattle coming on the market this time of year is quite variable. Background operations are liquidating their final volumes and feeders over 800 lbs. set the market structure. Larger-frame mixed steers averaging […] Read more





(Canada Beef Inc. photo)

U.S. livestock: Sluggish beef demand sinks CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled sharply lower on Thursday, with the June contract down by its three-cent/lb. daily price limit, as sluggish beef demand threatened to pressure cash prices by Friday, traders said. Lightly-traded April live cattle, which has no limit on the final two days before expiration on […] Read more