(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle limit up on fund buying

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday touched a three-month top, spurred by short-covering and fund buying, said traders. April closed up its three-cent-per-pound daily price limit (all figures US$). Investors bought that contract and simultaneously sold February. The limit will expand to 4.5 cents on Friday. February live cattle […] Read more



(USDA.gov via Flickr)

U.S. cattle herd growth to five-year high spells cheaper beef ahead

Chicago | Reuters — Beef prices will keep trending lower, analysts said after the government’s semi-annual cattle inventory report on Friday showed the U.S. cattle herd as of Jan. 1 grew three per cent from a year ago, to a five-year high. Healthy pastures, more-affordable grain and record-high cattle prices a year ago encouraged ranchers […] Read more

closeup of a cattle in a field

What’s with USDA cattle numbers?

This was one of the main questions people were asking after USDA published its annual U.S. cattle inventory report at the end of January. Perhaps it was analysts’ way of trying to explain why they so underestimated by how much U.S. beef cow and heifer replacement numbers increased last year compared to 2013. If the […] Read more


When will cow-calf producers stop shrinking?

When will cow-calf producers stop shrinking?

No sign of a turnaround yet

What will it take for cow-calf producers to start expanding the herd? That was the question that kept popping into my head as I read through the recently released 2013-14 results report of the Canadian Cattlemen Market Development Council. If that name doesn’t ring a bell, I’m not surprised. It isn’t well known outside of […] Read more