CME May 2019 feeder cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Klassen: Feeder market incorporates risk premium following U.S. floods

Compared to the previous week, western Canadian feeder cattle sold steady to $4 higher the week ending March 23. Favourable spring weather enhanced demand for yearlings from major finishing operations; Lethbridge-area markets were notably $3-$5 higher as feedlots focused on local cattle. While feeding margins remain in negative territory, strength in the deferred live cattle […] Read more


U.S. livestock: Lean hogs limit down as export sales disappoint

U.S. livestock: Lean hogs limit down as export sales disappoint

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures plunged more than three per cent on Thursday as disappointing export sales data triggered profit-taking following the market’s recent run to the highest in more than eight months, traders said. Contracts from May to December closed down the daily three-cent limit, including actively traded […] Read more

The Marshalls keep dairy, 
beef and sheep, which are partially fed with 45 acres of hay.

Meet your farming neighbours: Thomas Marshall

Thomas Marshall and his brother run a mixed farm in Northern Ireland

Every farm has its own story. No two farms (or farmers) are exactly alike. Everyone got started in a different way, and every farm has a different combination of family and hired staff who make the decisions and keep things running. But, in general, even after you consider all of the details, farmers are more […] Read more


U.S. cattle herd still growing, but at a slower pace

U.S. cattle herd still growing, but at a slower pace

Market Update: Numbers indicate we're still a couple of years away from contraction

The USDA cattle inventory report in late February showed cattle inventory and calf numbers were above a year ago, but the expansionary phase appears to be slowing. Canadian feeder cattle exports to the U.S. for 2018 had a year-over-year increase of 65 per cent. The larger U.S. calf crop may temper demand for Canadian feeder […] Read more

U.S. Senator Elizabeth Warren, who is seeking the Democrats’ 2020 nomination for president, greets Ella Clare Campbell after speaking in Memphis on March 17, 2019. (Photo: Reuters/Karen Pulfer Focht)

Democratic contender Warren targets corporate agriculture

Washington | Reuters — Democratic presidential contender Elizabeth Warren took aim on Wednesday at agricultural conglomerates, promising her administration would break up big agribusiness mergers that she said have hurt family farmers. Warren, a U.S. senator from Massachusetts and a fierce Wall Street critic, released a broad plan that she said would make it easier […] Read more


U.S. livestock: Cattle drop further on rising supply, weak cash prices

U.S. livestock: Cattle drop further on rising supply, weak cash prices

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures dropped for a fourth straight session on Wednesday, pressured by weaker cash cattle prices and seasonally rising supplies, traders said. Technical selling further weighed on the market, sending the spot contract to the lowest level in nearly six weeks. “We’re going to be coming […] Read more

U.S. livestock: Live cattle retreat on technical selling, fund liquidation

U.S. livestock: Live cattle retreat on technical selling, fund liquidation

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a third straight session on Tuesday on technical selling and fund long liquidation following the market’s recent climb to one-year highs, traders said. Open interest in live cattle futures was expected to be lower for a second straight session after hitting an all-time […] Read more


U.S. livestock: Live cattle tumble on bearish USDA data

U.S. livestock: Live cattle tumble on bearish USDA data

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped sharply on Monday in reaction to a government report that showed larger-than-expected supplies of cattle on feed in the U.S., traders said. Nearby cattle futures contracts fell more than 1.5 per cent, with selling accelerating as prices breached key technical support levels. The selling […] Read more