(USDA.gov via Flickr)

Cattle placed in U.S. feedlots in January dip from last year

Chicago | Reuters — The number of cattle moved into U.S. feedlots in January slipped one per cent from last year, according to a government report on Friday, nearly matching average industry forecasts. Feedlots were cautious about buying calves, or feeder, cattle while struggling to recoup 14 straight months of lost profits, partly blamed on […] Read more





(Canada Beef Inc. photo)

Klassen: Fed cattle bounce stabilizes feeders

Alberta fed cattle prices jumped to three-month highs, reaching $174 over the past week, setting a positive tone for feeders to start off the New Year. Retailers appear to be featuring beef at discounted prices, alleviating the bloated beef pipeline. Wholesale prices also ratcheted higher, reflecting the improving demand. While pen closeouts remain in negative […] Read more

(USDA.gov via Flickr)

U.S. Nov. feedlot cattle placements slump to record low

Chicago | Reuters –– Cattle movement into U.S. feedlots in November fell 11 per cent from a year ago to their lowest level since the government began compiling the data in 1996, a U.S. Department of Agriculture report showed on Friday. Analysts attributed last month’s much smaller-than-expected placements to deteriorating margins that prompted feedyards to […] Read more