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Beef Cattle

Photo: Canada Beef Inc.
Beef Cattle, Hogs, Livestock, Markets, Weather

U.S. livestock: Fund selloff sinks CME live cattle to 4-month low

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell to their lowest level in four months on Monday, hit by fund selling and Friday’s bearish U.S. government cattle report, traders said. Last Friday’s U.S. Department of Agriculture monthly Cattle-On-Feed report showed ranchers in October placed the highest number of cattle in feed lots […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S livestock: CME live cattle futures ease before USDA report

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures finished the week with losses as investors tweaked positions ahead of the U.S. Department of Agriculture monthly Cattle-On-Feed report at 2 p.m. CST (2000 GMT), said traders. Analysts, on average, expect the report to show 7.7 percent more cattle were placed into U.S. feedlots last […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market maintains upward trend

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Western Canadian feeder cattle prices were quite variable this past week. Strength was noted in the eastern Prairie regions where markets traded $5 to as much as $10 above week-ago levels; however, Alberta steer prices were relatively unchanged but heifers traded $5 to $8 higher. Available feeder supplies will tighten as we approach the end […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures mixed on spreading, cash declines

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Chicago | Reuters – U.S. livestock futures were widely mixed on Thursday, with nearby live cattle and lean hog contracts hitting multi-week lows in bear-spreading as traders moved into deferred positions. Worries of weaker prices in cash markets for cattle and hogs further weighed on front-month contracts while the third of the five-day Standard & […] Read more
Beef Cattle, Cattleman’s Corner, Markets

Lower supply outlook strengthens cattle prices

Market Update: The market is not getting more bearish but rather looking neutral to bullish

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Alberta fed cattle were trading in the range of $137 to $138 in mid-October, up approximately $4 from average September values. Beef production during October appears to be coming in lower than anticipated. At the same time, retail and restaurant demand appears to be coming in higher than expected due robust consumer spending. Looking forward, […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle futures slump 3rd straight session

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Chicago | Reuters – Chicago Mercantile Exchange live cattle lost ground for a third day in a row on Wednesday, led by lower early-week cash prices, traders said. Funds involved in CME livestock futures that track the Standard & Poor’s Goldman Sachs Commodity Index periodically sold, or “rolled,” December long positions mainly into deferred months. […] Read more
beef on a winter pasture
Beef Cattle, Cattleman’s Corner, Cow-Calf

A solid case for the value of growth implants

Animal Health: A very safe technology for improving cattle efficiency and weight gains

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Growth implants in the cattle industry have been used since the 1960s — way more than 40 years on hundreds of millions of cattle in North America as well as in other beef-producing countries such as Australia, New Zealand and South Africa, to name a few. We all know the benefits that come with a […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cash price unease weakens CME live cattle futures

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Chicago | Reuters – Chicago Mercantile Exchange live cattle on Tuesday settled lower, pressured by sell stops and caution in advance of cash prices later this week, traders said. Funds involved in CME livestock futures that track the Standard & Poor’s Goldman Sachs Commodity Index sold, or “rolled,” December long positions mainly into February and […] Read more

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