(Photo courtesy Canada Beef Inc.)

Klassen: Demand surges for grass cattle

Barley, corn expected to be cheaper next fall

Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Certain auction markets did not have sales due to the shortened holiday week. Adverse weather also shuttered some sales on Wednesday and Thursday in the eastern Prairie region. Southern Alberta feedlots are contending with poor pen conditions which may […] Read more

The western Canadian feeder market has been trading near historical highs.

Beef demand makes seasonal highs

Market Update with Jerry Klassen: Consumer spending may decline if interest rates continue to increase

During the week ending March 18, Alberta packers were buying fed cattle on a live basis at an average price of $205/cwt delivered, up $9/cwt from mid-February. In the U.S., live cattle were trading in the range of US$164-US$165/cwt, up US$4/cwt from 30 days earlier. Beef demand typically makes a seasonal high in the latter […] Read more


CME June 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: Sizzling cash cattle prices ignite rally in CME futures

April hogs up, June down

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures leapt to contract highs on Thursday as cash prices soared, stoking concerns about tightening U.S. supplies. Meatpackers had to be aggressive in the cash market, brokers said, after ranchers have reduced their herds due to high feed costs and drought in the western U.S. Cattle […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Barley prices still historically high, but face headwinds

Bulk corn delivery remains more convenient

MarketsFarm — Feed barley bids in Western Canada remain historically strong, despite easing off their highs over the past month and trending lower. With bids of around $410 per tonne into the Lethbridge feedlot alley, feed barley “is still a sell,” according to Mike Jubinville of MarketsFarm, speaking on a webinar. However, he noted there […] Read more


CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle up on higher cash price expectations

June lean hogs hit new lows

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Wednesday on expectations for higher U.S. cash prices this week, as lean hog futures set contract lows, analysts said. Cash cattle were bid at about $168/cwt in the southern Plains, roughly $1 higher than the bulk of trading last week, said Dennis Smith, […] Read more

CME June 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle slide on profit-taking

April lean hogs set contract low

Chicago | Reuters — Profit-taking pushed down Chicago Mercantile Exchange cattle futures on Tuesday, while front-month lean hog futures tumbled to another contract low. Losses on Wall Street helped set a negative tone for the markets, as live cattle futures pulled back from contract highs reached on Monday, traders said. “Cattle-wise, we got a bit […] Read more


There are many things to consider when selecting replacement heifers and that may include looking at health records to see if they had any BRD events in their past.

Bovine respiratory disease events may have a long-lasting effect

Early cases of bacterial infection could affect performance of replacement heifers

For most cow-calf producers, the routine of selecting replacement heifers from their own calves or purchased animals involves a visual assessment of conformation, structural soundness, anticipated frame size, colour, weight, age and disposition. Occasionally, it may also include a lineage check. These are all important considerations but are there reasons to also look at lingering […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Alberta fed cattle lead feeder market higher

Traders expecting more barley acres this year

Compared to last week, western Canadian yearling markets traded $3-$5 higher while calf prices advanced $1-$3 on average. Alberta packers were buying fed cattle on a dressed basis of $360/cwt last week, up $3-$10 from a week earlier. Using a 60 per cent grading, live prices would be equivalent to $216. Feeding margins have improved […] Read more


CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle down off highs on profit-taking

Hogs continue mixed on U.S. farrowing intentions

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Monday as profit-taking dragged prices down after the market set new contract highs, traders said. CME June live cattle ended down 0.9 cent at 161.225 cents/lb., after reaching a high of 162.525 cents/lb. (all figures US$). That exceeded Friday’s high of 162.175 cents/lb. […] Read more

CME July 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME hogs up in deferred months

USDA report fuels supply uncertainty; cattle up on cash strength

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose in deferred contracts on Friday on U.S. producers’ plans for fewer sows to farrow, analysts said. Producers intend to have 2.93 million sows farrow, or give birth, from March to May, down one per cent from actual farrowings a year earlier, the U.S. Department […] Read more