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Beef demand has been resilient to inflation for the most part, but recent weeks have seen a pullback as household expenses continue to increase.
Markets, News

Fed-cattle prices dip, beef demand sees pullback

The Markets with Deb McMillin, from the December 2023 issue of Canadian Cattlemen

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Fed cattle  After months of mostly steady fed cattle prices, the market dipped in mid-November in response to negative packer margins, large volumes of contract cattle limiting cash trade and slower beef movement. The November 10 fed steer average at $230.89/cwt is 25 per cent or $47/cwt higher than the same week in 2022. When […] Read more
Canadian Junior Shorthorn Association National Show attendees.
News, Purely Purebred

Shorthorn Association holds Junior show

Purely Purebred, news from the November 2023 issue of Canadian Cattlemen

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The Canadian Shorthorn Association held the Canadian Junior Shorthorn Association National Show in Carman, Man., from August 10-12. Thirty juniors were in attendance. The association thanks the many volunteers and sponsors who made the event a success. Plans are already in the works to host next year’s show in Saskatchewan. Exact location and dates are […] Read more
Calves in the ring at Perlich Bros. Auction Mart.
Auction Mart Updates

Auction mart report for the week of Nov. 17, 2023

Regional market analysis from Manitoba and Alberta, courtesy of the Livestock Markets Association of Canada Members

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Southern Manitoba, Courtesy of Killarney Auction Mart. 1420 feeders, 220 butchers and 150 bred cows through the ring this week at Killarney Auction Mart. Top end steer calves have stayed reasonably steady. However, heifers and plainer cattle started to see bigger discounts. The volatility in the futures market, weather and volume of cattle moving has […] Read more
Katrina Garneau fills the crowd in on her research at the Livestock and Forage Centre of Excellence field day in June 2023.
Beef Cattle, Livestock, Research

Researchers work with pen riders to fine-tune BRD diagnosis

Graduate student hopes to ‘crack the code’ for BRD by combining pen rider experience with new technology

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Pen riders are quintessential cowboys of the modern era — riding through groups of cattle, cowboy hats or baseball caps pulled low to block the sun as they note every single animal in the feedlot. Even in the winter, with frost building on the faces of cattle, horses and humans, pen riders are riding the […] Read more
(WPohlDesign/iStock/Getty Images)
Markets, Reuters

U.S. livestock: Short-covering boosts CME cattle after recent decline

The U.S. hog market traded sideways on Tuesday

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Chicago | Reuters — Short-covering lifted Chicago Mercantile Exchange live cattle and feeder futures on Tuesday, analysts said, extending a recovery from springtime lows reached last week. The markets were due to rise after recent fund liquidation and technical selling left the market oversold, analysts said. “The main thing is some short-covering here,” said Austin […] Read more
CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle up off last week’s sell-off

Lean hog futures also turn higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder futures advanced on Monday in a rebound from recent declines to multi-month lows. Short-covering helped boost the markets, as losses driven by fund liquidation and technical selling last week were overdone, brokers said. The U.S. beef industry still faces tight supplies of cattle, after […] Read more
CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle mixed, feeder cattle firm

Lean hogs up with pork cutout

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended the week mixed on Friday, as traders and analysts said technical and algorithmic trading sent contract prices whipsawing during the session. Feeder cattle futures firmed as Chicago corn futures posted a third straight weekly decline, as grain markets continued to react to a […] Read more
News, Purely Purebred

Hereford breeders gather in Manitoba

Purely Purebred, news from the November 2023 issue of Canadian Cattlemen

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On August 26, the Manitoba Hereford Association held their 2023 field day hosted by Twin View Polled Herefords, with over 100 cattle entered. The association thanks judges Doug Allison, Neil Carson and Andre Steppler.  Show result highlights: Premier Breeder and Premier Exhibitor was RSK Farms. Commercial Calf Champion and Yearling Heifer Champion was KTCT. Commercial […] Read more

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