(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle prices climbing

Western Canadian feeder cattle markets were trading $5-$7 above week-ago levels, with higher-quality cattle trading as much as $10 higher. It’s difficult to quarrel with one’s bread and butter; feedlot margins are now in positive territory and cattle feeders are keen on ownership with the positive outlook into the March timeframe. Feature presort calf sales […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Hogs, cattle firm on pre-holiday technical buying

Chicago | Reuters — U.S. lean hog futures gained one per cent on Wednesday while live and feeder cattle each rose modestly, boosted by technical buying and good demand from meat packers ahead of Thursday’s U.S. Thanksgiving Day holiday, traders said. Chicago Mercantile Exchange December lean hogs notched a two-month high, before finishing just below […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs falter on profit-taking after two-month high

Chicago | Reuters — U.S. hog futures eased about one per cent on Tuesday as investors locked in profits after prices earlier climbed to the highest levels in more than two months, traders and analysts said. Chicago Mercantile Exchange live cattle futures were slightly higher and feeder cattle narrowly lower, in largely technically-driven trade ahead […] Read more


(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans climb to four-month high

Chicago | Reuters — Chicago Board of Trade soybean futures hit a four-month high on Tuesday on strength in Chinese soy markets and technical buying, analysts said. Corn inched higher while wheat closed mixed ahead of the U.S. Thanksgiving holiday on Thursday. Chicago Board of Trade soybeans for January delivery settled up 9-3/4 cents at […] Read more



Cow and a Calf

Declining cow-calf margins slow expansion

Prime Cuts with Steve Kay from the November 2016 issue of Canadian Cattlemen

The cow-calf sector is the nursery of the North American beef industry. What happens on the ranch determines whether the industry will expand or contract. This then determines what happens all the way to the retail meat case or the restaurant menu. Cattle numbers in recent years have shown different patterns north and south of […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle gain slightly before USDA report

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures nearby contracts posted modest gains on Friday as traders tweaked positions before the U.S. Department of Agriculture’s monthly Cattle on Feed report at 2 p.m. CT. Most analysts, on average, believe fewer animals were put into feedlots in October than a year ago. December live […] Read more