Chicago Mercantile Exchange live and feeder cattle futures plunged on Monday on market uncertainty following news of a human case of avian influenza in a person who had contact with infected dairy cows.
Feeders
U.S. livestock: CME cattle plunge as bird flu fears spark speculative selloff
A key to cattle business survival
Produce more pounds of beef per acre versus more pounds per cow, this U.S. rancher says
North America producers are receiving higher prices for cattle than ever before — “yet very few are really profitable,” Kit Pharo says. Most cow-calf producers “are too dependent on outside inputs, which are also at record-high costs,” says Pharo, who operates Pharo Cattle Company in Colorado and was the keynote speaker at the recent Holistic […] Read more
Cargill renews top-up payment for CRSB-certified beef
Cargill and its customers have renewed a program that would ensure beef producers receive at least $400 for being certified under the Canadian Roundtable for Sustainable Beef (CRSB).
Feed Grain Weekly: Barley prices up weeks before seeding
Southern Alberta is seeing a slight bump up in feed barley prices, according to one trader.
JBS says US beef division facing challenges, Seara unit improving
Low cattle supply behind weakness in US division; headwinds expected to continue
Brazilian meat-packer JBS expects margins of its Seara processed foods maker in Brazil to reach double digits in the first weeks of 2024, citing operational improvements designed to shore up the unit, executives said today.
U.S. livestock: CME cattle futures slide to two-month lows
Data signals producers still sending cattle to slaughter instead of rebuilding the U.S. herd
Chicago Mercantile Exchange cattle futures tanked on Tuesday on fund selling and as markets remained under pressure from bigger-than-expected U.S. feedlot placements, brokers said.
Klassen: Feeder market rally stalls
Compared to last week, Western Canadian feeder cattle prices were quoted $3-$4/cwt on either side of unchanged.
Seasonal trends underpinning feed grains for now
Feed barley bids in Western Canada continue to find some support as the calendar turns to spring, with seasonal road restrictions lending some nearby support to prices.
Cattle herd declines while economy expands
One per cent increase in consumer spending means one per cent increase in beef demand
I often place myself two years in the future, with a view of the past two years. The old saying is that hindsight is 20/20. Well then, place yourself in the future and look backward. If I were giving a cattle market outlook in March 2026, the summary would be the following: During 2024, feeder […] Read more
Klassen: Feeder market adjusts to lower supplies
Western Canadian prices for backgrounded replacements were $2 to $4 higher than last week. Lower flesh yearlings were valued $3 to $8 above week-ago levels. Prices for calves under 800 pounds were up $3 to $7 compared to seven days earlier with noted strength in feeders under 600 pounds.
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