CME June 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME live cattle firm on strong packer demand

Export demand concerns drag on hogs

Chicago | Reuters — CME live cattle futures firmed on Monday, supported by strong packer demand that supported cash prices, indicating a bullish outlook for summer month futures, analysts said. “Packer behaviour has been bullish for several weeks now. They are going after the cattle,” said Dennis Smith, commodity broker at Archer Financial. “I suspect […] Read more


Standing corn north of St. Adolphe, Man. on Sept. 19, 2021. (Dave Bedard photo)

Feed weekly outlook: Corn trading higher than barley

Seeding begins in Alberta

MarketsFarm — Imported corn from the U.S. is still the grain of choice for feedlots in southern Alberta, despite the fact feed barley is at a slightly lower price right now. Corn traded on Wednesday at around $480 per tonne ($12.19 per bushel) in Lethbridge, said Jim Beusekom, president of Market Place Commodities in Lethbridge. […] Read more



Calves are being sold sooner than expected while cow culling rates are higher than normal.  Photo: Thinkstock

Klassen: Adverse weather tempers feeder cattle market

Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Southern Alberta experienced severe wind and dust storms last week which softened buying interest from a large portion of feedlot operators. At the same time, grass conditions are quite variable across the Prairies despite the recent precipitation. Cooler temperatures […] Read more




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Feed weekly outlook: Market stagnant as U.S. corn imports continue

MarketsFarm — Feed grain markets in Western Canada are holding relatively steady for the time being, as end-users are well covered with corn imports from the United States. “It seems like most buyers have managed to cover themselves well into June with corn,” said Susanne Leclerc, owner of Market Master Ltd. in Edmonton, adding that […] Read more