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Tag Archives cattle markets

Live cattle futures prices plummeted in the week after Tyson plant fire.
Markets, News, Prime cuts

Tyson Foods fire creates ripple effect in cattle markets

Prime Cuts with Steve Kay

By
The North American cattle and beef industry has endured “weather” and BSE-related markets but never a “fire” market such as resulted from the fire at Tyson Foods’ Holcomb, Kansas plant on August 9. The fire took out more than 30,000 head per week of capacity for several months. The loss is most directly having an […] Read more
Finishers, Livestock, Markets

Klassen: Adverse weather tempers feeder market

By
Compared to last week, western Canadian feeder cattle markets traded $3-$5 lower. Excessive snow in Alberta and ongoing rains across Manitoba and Saskatchewan set a negative tone. The market appeared to incorporate a risk discount, although many auction barns had limited numbers on offer. Buyers once again focused on local cattle and avoided transportation over […] Read more
Finishers, Livestock, Markets

Klassen: Yearling prices remain firm

By
Compared to last week, western Canadian yearling markets were relatively unchanged with the exception of southern Alberta where 800-plus-lb. feeders traded $5 to as much as $8 higher. Strength in deferred live cattle futures and weakness in barley prices were the main factors driving demand in the Lethbridge area. The U.S. Department of Agriculture’s bullish […] Read more
Finishers, Livestock, Markets

Klassen: Feeder cattle market remains volatile

By
Western Canadian yearling markets appeared to stabilize after coming under pressure earlier in the month. Compared to last week, yearling prices were unchanged to $4 higher on average while calf markets traded $2-$3 on either side of unchanged. Major feedlots were more aggressive for 800-plus-lb. cattle as feed grain prices continue to grind lower. Favourable […] Read more
Adverse weather has had an impact on the U.S. fed cattle market in 2019.
Markets, News, Prime cuts

Beef prices weather the weather

Prime Cuts with Steve Kay

By
The U.S. beef market is proving to be remarkably resilient this year. Summer heat has finally given way to cooler weather. But beef demand held up remarkably well in the heat and domestic demand in July was actually better than last year. Now the market has the Labor Day holiday behind it, which usually boosts […] Read more
This spring had cattle-on-feed placements sharply higher than year-ago levels in the mid-weight categories which will result in a sharp year-over-year increase in market-ready supplies this fall.
Market talk, Markets

Soft beef demand outlook for September and October

Market Talk with Jerry Klassen

By
Alberta fed cattle prices have been hovering in the range of $143 to $148 throughout the summer period. The market has been relatively stable without any major changes to supply and demand. Looking forward, beef production is expected to increase during September and October. At the same time, demand moves through a seasonal low. It’s […] Read more
Finishers, Livestock, Markets

Klassen: Feeder prices ratchet higher

By
Compared to last week, western Canadian yearling markets traded $3-$5 higher on average; however, there were a few feature sales quoted $8 to as much as $10 above week-ago levels. Finishing feedlots were fairly aggressive on backgrounded cattle, which was the main source of yearlings last week. Early grassers are starting to come on the […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending October 18, 2019.

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