The beef cattle industry is bracing for a level of heifer retention this summer and fall that's expected to lower the feeder cattle supply.

Lower feedlot placements support cattle market

Cow-calf producers should think about selling calves in late summer versus fall

During the last week of April, Alberta packers were buying fed cattle on a live basis in the range of $256-$258 per hundredweight delivered, up $18/cwt from three weeks earlier. Alberta fed cattle basis levels have strengthened as market-ready supplies tighten. In Kansas and Texas, live sales, f.o.b. feedlot, were reported at US$182/cwt, down US$3/cwt […] Read more



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Realized Canadian farm income up, net income down in 2023

Total farm cash receipts rose 4.4 per cent compared with 2022 on higher crop marketings; cattle prices

Realized net income for Canadian farmers rose 18.3 per cent in 2023 to C$14.5 billion, as growth in receipts offset a rise in expenses, according to a report from Statistics Canada released May 29.


The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Chicago soybeans/corn watching weather, wheat

Soybean and corn futures at the Chicago Board of Trade suffered a profit-taking correction on May 29, as speculative positioning and relatively favourable seeding progress across the United States weighed on values.