Feed grain prices on the Prairies stayed relatively steady for the week ended Sept. 25 as low cattle numbers in feedlots and light test weights for grains limit price gains.
Beef cattle
Feed Grain Weekly: Weight issues, low cattle numbers holding prices back
U.S. livestock: Cattle close mostly lower, consolidating after 2-month top
Mercantile Exchange live cattle futures ended mostly lower on Wednesday, consolidating a day after the benchmark December contract LCZ25 set a near two-month high.
U.S. livestock: CME cattle end mostly higher as Wall Street climbs
Benchmark December live cattle futures LCZ24 on the Chicago Mercantile Exchange climbed to their highest in nearly two months on Tuesday, supported by technical buying and a rosy outlook for beef demand tied to strength in Wall Street equity markets, analysts said.
Klassen: Western Canadian feeder market demand remains firm
Ontario buying interest was evident in Manitoba yearling markets. U.S. buyers were more interested in lighter calves and were shopping for pre-conditioned groups of sizeable volume. Certain finishing operators in Alberta were more aggressive on grass yearlings after waiting for lower prices earlier in the season.
It’s not too late to creep-feed spring calves
Better Bunks and Pastures: Analysis says this could be a highly profitable year to creep-feed calves
A friend of mine operates a 300-cow-calf operation. This year, he put out his creep feeders during the end of July and his March-born calves really haven’t eaten much creep-feed in the last month. That’s because his pastures are still lush and his cows are milking well. He joked that he is ready to lock […] Read more
U.S. livestock: Cattle futures strengthen on healthy US export demand, positioning
Chicago Mercantile Exchange live cattle and feeder cattle futures jumped on Thursday as traders adjusted positions ahead of the U.S. Department of Agriculture's monthly cattle on feed report and saw strong U.S. export demand, according to analysts.
U.S. livestock: Hog futures up slightly on firm demand, weaker dollar
Chicago Mercantile Exchange lean hog futures ticked up on Wednesday as pork cutout values remained strong and a weaker dollar made U.S. exports more competitive, traders said.
Cattle market vulnerable to slower economic growth
The Markets: Watch consumer trends for indications of a beef price slowdown
Alberta packers were buying fed cattle on a dressed basis in the range of $425-$428/cwt delivered in mid-August. Live prices were quoted at $255/cwt (US$186), f.o.b. feedlot, in southern Alberta. The fed market has come off the summer highs as demand eases moving into the fall period. Monthly restaurant spending on both sides of the […] Read more
Green group sues Tyson Foods for allegedly false climate claims
An environmental group is suing U.S.-based meat processor Tyson Foods for allegedly misleading consumers by saying it will reach net-zero emissions by 2050 and marketing climate-friendly beef without meaningful plans to achieve those goals.
U.S. livestock: Cattle futures rise on strong stock market, retail sales
Chicago Mercantile Exchange live cattle and feeder cattle futures edged up on Tuesday on stock market gains and strong economic data, traders said.