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The percentage of U.S. cattle grading Prime and Choice remains high but is slightly down from this time last year.
Markets, Prime cuts

Leverage in the cattle market at last

Prime Cuts with Steve Kay

By
Leverage is everything when it comes to buying or selling many goods and services. The cattle market is no exception to this, whether it is at the auction market or in the feedlot. U.S. cattle feeders over the past 18 months have had a tough lesson in what happens when they don’t have leverage over […] Read more
The high price of beef forced retail sales to slow significantly in September.
Markets, Prime cuts

Christmas cheer without prime rib

Prime Cuts with Steve Kay

By
Adorning the Christmas dinner table with a succulent beef rib roast is a longstanding tradition for meat lovers in the U.S. and, I daresay, in Canada as well. But American consumers, at least this year, might have to forego this hugely popular holiday item for a lower-priced cut. This is because wholesale rib prices are […] Read more
Boxed beef exports are up 25 per cent from this time one year ago.
Beef Cattle, Markets, News

Boxed beef exports strong, non-fed cattle prices down sharply

The Markets with Deb McMillin, from the November 2021 issue of Canadian Cattlemen

By
Fed cattle Fed cattle prices are trading mostly sideways. As of mid-October, the fed steer cash average in Alberta had ranged from $156/ cwt to $158/cwt over the past seven weeks. The mid-October average is $156.81/cwt. Basis is still at a premium, with the spot basis at +$2.90/cwt, compared to a five-year average of -$1.84/cwt. […] Read more
Fed cattle prices see slight increase, beef demand strong
Beef Cattle, Markets, News

Fed cattle prices see slight increase, beef demand strong

The Markets with Deb McMillin, from the September 2021 issue of Canadian Cattlemen

By
Fed cattle After three weeks of hovering around $150/cwt, the average Alberta fed cattle price increased slightly by mid-August to $151.43/cwt. That is $17.32/cwt higher than one year ago when we were still working through the COVID backlog, and over $9/cwt higher than the five-year average. While sale prices are above last year, the high […] Read more
Negotiated cash report, packer struggles
Comment/Columns, Free Market Reflections

Negotiated cash report, packer struggles

Free Market Reflections with Steve Dittmer

By
The National Cattlemen’s Beef Association (NCBA) reported on the first quarter of monitoring the share of U.S. cattle bought through negotiated cash vs. other procurement methods. Not too surprisingly, there was good news and bad news, for those favouring more negotiated cash sales. The regions that customarily sell more finished cattle through negotiated cash sales […] Read more
CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle advance in bargain-buying bounce

CME lean hogs drop

By ,
Chicago | Reuters — U.S. live cattle futures firmed for a second straight day on Thursday on bargain buying and speculative buying after prices hit 2-1/2 week lows earlier this week. Futures firmed despite lower cash cattle prices and tumbling beef prices as packer demand held stable and processing margins remained profitable. “With the early […] Read more
The U.S. cattle herd is in a contraction phase and will likely shrink over the next couple of years.
Livestock, Market talk, Markets

A post-U.S. election discussion

Market Talk with Jerry Klassen

By
I’ve received many calls from cattle producers regarding the outlook of the U.S. election. At the time of writing this article, it appears that Joe Biden will be the next U.S. president. This is a large unknown but barring any trade barriers, the cattle market should function normally. President-elect Biden wants to improve the U.S. […] Read more
Cattle markets remain in recovery mode
Markets, News, Prime cuts

Cattle markets remain in recovery mode

Prime Cuts with Steve Kay

By
The market for fed cattle in the U.S. is now out of intensive care. But it remains in recovery mode after the COVID-19 pandemic had an impact on cattle prices from mid-April through mid-July. Prices advanced US$7.05 per cwt live (based on USDA’s five-area steer average) in the four weeks to the week ended October […] Read more
CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures up two per cent

U.S. feedlot data, beef prices supportive

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Chicago | Reuters — U.S. cattle futures closed higher on Monday, buoyed by Friday’s supportive monthly Cattle on Feed report, rising wholesale beef prices and strength on Wall Street tied to hopes for a COVID-19 vaccine, traders said. “All of the above (suggest) optimism for the meat market,” said Jason Roose, analyst and broker with […] Read more
Feeder cattle market digesting many variables
Livestock, Market talk, Markets

Feeder cattle market digesting many variables

Market Talk with Jerry Klassen

By
I’ve received many inquiries over the past couple of months about the market outlook for feeder cattle. Yearling prices have been very strong throughout the fall period trading at or above 52-week highs; however, prices for calves in the 500- to 700-pound weight category are down $10 to $20 from elevated levels during spring. In […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Aug. 15, 2025

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