Beef Cattle & Production Tips

Klassen: Lethbridge demand drives up yearling market

By Jerry Klassen, GFM Network News September 5, 2017

Western Canadian feeder cattle markets traded $5-$8 above week-ago levels. The first major yearling sales occurred in southern Alberta, which appeared to kick-start the buying momentum. Alberta fed cattle prices and wholesale beef values were under pressure; however, feedlot operators were extremely tenacious. Buyers capriciously worked orders throughout the week and by the Friday, quality […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market softens on trade comments

By Jerry Klassen, GFM Network News August 29, 2017

Compared to last week, western Canadian yearling prices steady to $5 lower while calves traded steady to as much as $10 lower. Alberta feedlots were shopping across the Prairies; light demand surfaced from eastern Canadian buyers while subdued buying interest was noted from the U.S. Limited numbers were on offer in the eastern Prairie regions […] Read more

Finishers, Livestock, Markets, Reuters

U.S. July feedlot cattle placements smaller than expected

By GFM Network News August 25, 2017

Chicago | Reuters — Ranchers in July placed 2.7 per cent more cattle in U.S. feedlots than a year ago, the U.S. Department of Agriculture reported on Friday, which fell short of average analysts’ forecasts. Dwindling profits for feedyards, after being paid less for their cattle by packers, discouraged them from buying calves for fattening […] Read more

Finishers, Livestock, Markets

Klassen: Yearlings define feeder market

By Jerry Klassen, GFM Network News August 21, 2017

Western Canadian feeder cattle markets became more established this past week as early yearling sales captivated major feedlot operators. Prices were relatively unchanged from week-ago levels; however, larger volumes confirmed the price structure. Higher-quality lower-flesh cattle were featured weighing 850 to 1,050 lbs. at most sales. Feedlots have plenty of pen space and with the […] Read more

Beef Cattle, Livestock, Poultry/Eggs, Reuters

JBS still seeks U.S. unit IPO

By GFM Network News August 16, 2017

Sao Paulo | Reuters — JBS SA will proceed with plans to list a U.S.-based unit when market conditions allow, as the world’s No. 1 meatpacker wrestles with a shareholder revolt over the role of the controlling Batista family in a massive graft scandal. In a Tuesday conference call to discuss second-quarter results, CEO Wesley […] Read more

Beef Cattle, Livestock, Poultry/Eggs, Reuters

JBS misses estimates as financial expenses soar

By Reuters, GFM Network News August 15, 2017

Sao Paulo | Reuters — JBS SA, the world’s largest meatpacker, on Monday reported second-quarter income that missed estimates as a spike in net financial expenses and its struggling South American operations weighed on results. JBS reported quarterly net income of 309.8 million reais (C$123.6 million), below a consensus estimate of 603 million reais and […] Read more

Finishers, Livestock, Markets

Klassen: Strong demand surfacing for feeder cattle

By Jerry Klassen, GFM Network News August 15, 2017

Western Canadian feeder cattle markets were quite variable over the past week. Auction barns in Manitoba and Saskatchewan remain in holiday mode. However, markets are coming to life in Alberta. Certain ranchers are starting to sell early bloomers and there’s no shortage of demand for these yearlings. In east-central Alberta, a couple of small groups […] Read more

(Photo courtesy Canadian Hereford Association)

Cow-Calf, Livestock

Newfoundland seeks beef cattle breeder

By Grainews Staff, GFM Network News August 11, 2017

The Newfoundland and Labrador government’s plan to build up cattle breeding within the province is advancing a step as the province seeks a farmer to mind a small Hereford herd. The province on Tuesday put out a call for proposals from farmers to take on a five-year contract handling a herd of five breeding cows […] Read more

Beef Cattle, Hogs, Livestock, Reuters, Weather

U.S. livestock: Supply jitters extend CME live cattle futures losses

By GFM Network News August 10, 2017

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures fell for a fourth straight session on Thursday, dragged down by growing worries about hefty near-term supplies, traders said. “We’ve got more numbers (cattle) out here and more numbers coming, and that’s just a Damocles sword over this market,” said Top Third Marketing analyst Mark Gold. Fund […] Read more

Beef Cattle, Dairy Cattle, Livestock, Reuters

China promotes livestock farming to digest corn stocks

By GFM Network News August 10, 2017

Beijing/China – China wants to turn its grain basket in the northeast into a national meat and dairy production base, said the agriculture ministry on Thursday, as part of a broader plan to create stronger demand for the region’s main crops. Heilongjiang, Jilin, Liaoning and Inner Mongolia account for around a quarter of China’s total […] Read more

Daily Network News

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U.S. is leading G20 initiative to ensure fertilizer access, sources say

Beef Cattle

Klassen: Lethbridge demand drives up yearling market

Klassen: Feeder market softens on trade comments

U.S. July feedlot cattle placements smaller than expected

Klassen: Yearlings define feeder market

JBS still seeks U.S. unit IPO

JBS misses estimates as financial expenses soar

Klassen: Strong demand surfacing for feeder cattle

Newfoundland seeks beef cattle breeder

U.S. livestock: Supply jitters extend CME live cattle futures losses

China promotes livestock farming to digest corn stocks

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