Feeder cattle futures surge on lower corn prices and expected tight supplies in USDA's Cattle on Feed report as JBS workers strike in Colorado.
Beef cattle
Chicago cattle futures surge as corn falls, Colorado packer strikes
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Klassen: Western Canadian feeder market incorporates risk discount
For the week ending March 7, Western Canadian feeder cattle markets traded $5-$10/cwt lower compared to seven days earlier. The market held value on Monday and Tuesday but then softened in the latter part of the week. Strength in the feed grains complex along with weaker deferred live cattle futures set a negative tone. Feedlot […] Read more
JBS workers to strike at U.S. beef plant as consumers face record prices
About 3,800 JBS meatpacking workers in Greeley, Colorado, plan to go on strike starting on March 16, the workers’ union said on Monday, crippling production at one of the largest U.S. beef plants as consumers face record-high prices.
Zoetis to acquire Neogen Corp. genomics business
Zoetis Inc. expects to close the acquisition of Neogen Corp.’s animal genomics business in the second half of 2026.
Klassen: Strong demand underpins Western Canadian feeder market
For the week ending February 28, Western Canadian feeder cattle markets were unchanged from seven days earlier. Calves may have traded $5-$10/cwt higher at some locations. Feeding margins have improved over the past week with Southern Alberta pen-closeouts now hovering near breakeven. Ontario feedlot margins are in positive territory by $20-$40/head. At the Ponoka video […] Read more
Health Canada stops sales of coccidiosis medication Deccox on procedural issue
Deccox, a medication to prevent coccidiosis in calves and other livestock, is temporarily off the market after Health Canada issued a stop sale order earlier this month.
Canadian cattle herd sees first annual increase since 2018
The Canadian cattle herd was larger on January 1 than it was one year prior — the first year-over-year increase since 2018, Statistics Canada reported on Friday. Hog inventories were down. Sheep and lamb inventories rose.
Incoming Canadian Cattle Association CEO embraces winds of change
Andrea Brocklebank, the incoming CEO of the Canadian Cattle Association, is open to revitalizing the organization while maintaining national delivery.
Feed costs on rented pasture now eligible for AgriStability
Pasture-related feed costs are now allowable expenses for AgriStability participants.
Klassen: Feeder market remains firm
For the week ending February 21, Western Canadian markets for yearlings or backgrounded cattle traded steady to $10/cwt higher. The calf market was mixed with values quoted $5 higher to $10/cwt lower. Feedlot margins appear to be improving in the short-term which supported the yearling market. Extremely cold temperatures across most of Alberta may have […] Read more