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Tag Archives beef prices

(Canada Beef Inc. photo)
Beef Cattle, Livestock, Markets

Klassen: Fed cattle bounce stabilizes feeders

By
Alberta fed cattle prices jumped to three-month highs, reaching $174 over the past week, setting a positive tone for feeders to start off the New Year. Retailers appear to be featuring beef at discounted prices, alleviating the bloated beef pipeline. Wholesale prices also ratcheted higher, reflecting the improving demand. While pen closeouts remain in negative […] Read more
cattle in a feedlot
Beef Cattle, Prime cuts

Volatility plagued beef, live cattle markets

Prime Cuts with Steve Kay, from the December 2015 issue of Canadian Cattlemen

By
Most markets crave stability and predictability. But this year’s live cattle and beef markets in the U.S. have been anything but that. In fact, both have seen more volatility than for years. Much of the volatility has come in the past few months, with cattle futures prices offering a wilder ride than the most extreme […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Livestock, Reuters, Weather

Wintry blast cuts both ways in U.S. cattle country

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Chicago | Reuters — A major winter storm rolling across the U.S. Plains on Monday disrupted transportation of cattle to beef packing plants in sections of the region, said experts. However, they said, the rough weather supported cattle and wholesale beef prices struggling against abundant overall meat supplies and heavyweight animals. The storm, dubbed Goliath, […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market grinds lower

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Western Canadian feeder cattle prices ended the year on a soft tone, trading $5-$10 below week-ago levels; fleshier unweaned calves were down $10 to $15 because adverse weather plagued much of the Prairie region. Cattle buyers were busy on the phone, but receiving no orders. Feedlots appear to be content with their current inventory levels […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets

Klassen: Feeder cattle market falls sharply

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Western Canadian feeder cattle prices experienced a week-over-week decline of $12-$15 on average, with fleshier unweaned calves trading down $20-$25. Major feedlot operators reined in buying interest across the Prairies as fed cattle and wholesale beef prices remain under pressure. Feeding margins continue to deteriorate beyond pain thresholds and the backlog of market-ready feedlot supplies […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle remain vulnerable

By
Western Canadian feeder cattle prices were once again quite volatile this past week as market continues to digest overwhelming fed cattle supplies and lacklustre beef demand. In Alberta, calves under 700 lbs. were steady to $5 lower on average while heavier calves and yearlings were $3 to as much as $10 lower. In the eastern […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle stabilize near annual lows

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Western Canadian feeder cattle prices traded $5 lower to $5 higher relative to week-ago levels. The market was quite variable across the Prairies, with eastern markets coming under more pressure comparable to southern Alberta. Feedlot operators and backgrounding farmers that were holding back on purchases earlier in the fall were stepping forward more aggressively this […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feedlots curb buying interest

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Despair is the price one pays for setting an impossible aim. Given the phone calls over the past week, producers have been expecting something the market cannot offer. Western Canadian feeder cattle prices were under severe pressure, with 700-plus-pound cattle down $8-$12 from seven days earlier; calves under 700 lbs. traded $4-$8 below week-ago levels. […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle prices stabilize

By
Western Canadian feeder cattle prices stabilized over the past week, trading $5 to $8 higher in comparison to seven days earlier. In Manitoba and eastern Saskatchewan, calves traded up $10 to $15 higher largely due to a resumption in U.S. buying interest. The market was functioning to encourage demand, and with prices $25 to $30 […] Read more

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