CME live cattle LEJ24 on Jan. 29 with Bollinger bands. (Barchart)

U.S. livestock: CME cattle futures ease on profit-taking after 2-1/2-month peak

Lean hog futures ended modestly higher; firm cash hog prices lent support

CME April live cattle futures LCJ24 settled down 0.450 cent at 181.225 cents per pound, retreating after rising to 183.450 cents, the contract's highest point since Nov. 7. Last week's firm cash cattle prices and technical buying underpinned the market, traders said.



In early December, the Saskatchewan River was at its second lowest level in the past 23 years.   Photo: Alex McCuaig

Alberta expands livestock drought recovery supports

Only a narrow band of the province remains exempt from the aid program

The 2023 Canada-Alberta Drought Livestock Assistance initiative, funded through the AgriRecovery framework by the federal and provincial governments, offers payments of up to $150 per head to livestock producers who have 15 or more animals per type of livestock, and have altered usual grazing practices for more than 21 days due to drought.

Graeme Finn’s cattle on a high-legume pasture at breeding time.

Six areas you should watch to maintain your cows’ fertility

High-quality forage and the right mineral package at the right time can set cows up for success

As a rancher and a senior forage specialist with Union Forage, Graeme Finn has spent much of his time looking into how feeding cattle affects their fertility. He says it was something drilled into him as a child in Australia. “My grandmother always said, ‘Feed the cattle good at breeding time,’ because that’s when you […] Read more


(WPohlDesign/iStock/Getty Images)

Klassen: Feeder market holds value despite negative margins

U.S. demand limited with colder temperatures in Midwest

Calf markets appeared to trade $2 to $3 above week-ago levels on average. Feedlot margins on current pen close-outs are negative $300 to $350 per head but replacement markets haven’t missed a beat. Finishing feedlots were once again bidding aggressively on backgrounded cattle with fleshier types experiencing limited slippage. Larger pen sized groups were on the higher end of the priced spectrum with buyers avoiding smaller packages.

Photo: File

Beef marks GHG drop: report 

Assessment reveals industry has reduced emissions by 15 per cent 

Producing a kilogram of boneless beef cuts today involves 15 per cent fewer greenhouse gas emissions than in 2014, according to the recently released National Beef Sustainability Assessment (NBSA) and Strategy report.


Canada’s calf crop doesn’t move through expansion and contraction as it does in the U.S., but over the next year, we may see the Canadian herd mirror U.S. expansion.

Is it time for beef cow herd expansion?

Prices for calves have been strong, but it usually takes a year of high calf prices before expansion starts

Feeder cattle have been trading near historical highs over the past six months. I’ve received many emails and inquiries from cattle producers asking if there is still an opportunity to expand their herds. Producers also ask if they should buy now or wait until spring. Medium-quality bred cows have been trading in the range of […] Read more