(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle prices gaining momentum

Compared to last week, western Canadian yearling prices were steady to $4 higher while calves and grass cattle markets were relatively unchanged. Once again, there was a wide range of prices across the Prairies as feedlots adjust to higher feed grain prices. Secondly, buyers were quick to discount fleshier cattle; backgrounded calves fed too much […] Read more

Lower cattle prices are coming

Lower cattle prices are coming

Prime Cuts with Steve Kay

Cattle feeders in Canada and the U.S. enjoyed a much more profitable 2017 than expected, in large part due to strong beef demand in North America and globally. They will again rely on strong demand and no disruption to the NAFTA provisions for beef and cattle trade because U.S. slaughter levels and beef production will […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, soybeans firm

Chicago | Reuters — U.S. grain and soy futures edged higher on Monday, with some wheat contracts rising more than one per cent as weather forecasts showed little rain relief for dry wheat crops in the Plains or drought-affected grain belts in major exporter Argentina. Global benchmark Chicago Board of Trade May wheat was up […] Read more

U.S. grains: Wheat, soybean futures rally

Chicago | Reuters — U.S. wheat futures rose for the sixth day in a row on Thursday, with new forecasts calling for extended dryness in the U.S. Plains pushing prices to fresh 7-1/2-month highs, traders said. Soybean futures rallied to a 13-month high on signs of strong export data. Parched soils in Argentina that threatened […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Spot cattle rise, deferreds weak

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Thursday, with the front-month contract edging higher after hitting a 2-1/2-week low on Wednesday. Deferred cattle contracts were weaker, remaining under pressure from weak cash markets. Strong export data provided support to the nearby contracts. The U.S. Agriculture Department reported weekly beef […] Read more




(Allan Dawson file photo)

U.S. grains: Soy, corn futures about flat

Chicago | Reuters — U.S. grain and soy futures were about flat on Thursday in largely technical-driven trading as investors awaited supply and demand estimates from an annual U.S. Department of Agriculture forum due early on Friday. USDA on Thursday predicted U.S. plantings of corn and soybeans at 90 million acres each and wheat slightly […] Read more