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Beef Cattle

Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle futures jump to 7-year peak as U.S. herd shrinks

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rallied to a fresh seven-year high on Monday, lifted by expectations for tightening supplies following a monthly U.S. Department of Agriculture (USDA) cattle supply report, traders said. Several actively traded nearby contracts posted life-of-contract highs after the USDA’s cattle-on-feed report, released after the market closed on […] Read more
File photo of cattle on feed near Champion, Alta., about 75 km north of Lethbridge. (James_Gabbert/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Uncertain fed cattle market weighs on feeder cattle

U.S. feeder demand seen relatively sluggish

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Compared to last week, western Canadian yearlings (900 lbs. and over) appeared to trade $6-$8 lower on average; yearlings weighing 800-900 lbs. off grass were unchanged. Backgrounded yearlings were also $6-$8 lower. Mid-weight calves were unchanged but calves under 600 lbs. were $3 to as much as $10 lower in some cases. Feedlot operators pulled […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Stronger barley prices limit upside for feeder cattle complex

Feedlot operators make barley purchases, price feeder cattle accordingly

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Compared to last week, western Canadian yearling markets traded $2 higher to as much as $5 lower. A softer tone was noted on yearlings in the eastern Prairie regions. Calf prices were steady to $4 lower on average compared to seven days earlier. Quality yearling packages fresh off grass held value but backgrounded heavier replacements […] Read more
Photo: iStock/Getty Images
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures mixed; cattle futures steady-weak

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures ended mixed on Friday as traders waited for fresh news to gauge demand levels. The most-active CME December lean hog futures contract LHZ2 dropped 0.625 cent to 77.15 cents per lb, with support noted around the contract’s 10-day moving average. Front-month October hogs LHV2 rose 0.575 cents to settle […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Demand fears cause feeder cattle market volatility

Barley values continue upward

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Compared to last week, western Canadian yearling markets traded $4 higher to as much as $6 lower. Strength was noted in the eastern Prairie regions while the market was softer in Alberta. Western Canadian calves were extremely volatile, trading $5 higher to as much as $10 lower in some cases. It’s not uncommon for markets […] Read more
Photo: Canada Beef
Beef Cattle, Livestock, Markets

Klassen: Steady demand underpins feeder cattle complex

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Compared to last week, Alberta yearling markets traded $2-$4 on either side of unchanged; however, 800-pound-plus cattle in Manitoba and Saskatchewan appeared to trade $4-$6 higher. Yearling prices across the Prairies are now relatively even with no freight discounts from major southern Alberta markets. Calf markets are becoming more defined with larger volumes on offer. […] Read more
Western Canadian yearling prices have strengthened over the past month.
Beef Cattle, Cattleman’s Corner, Markets

Feeder cattle numbers decline

Market Update with Jerry Klassen: Beef demand remains strong

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During the last week of August, Alberta packers were buying fed cattle on a live basis in the range of $180-$181/cwt delivered, up $7-$8/cwt from 30 days earlier. U.S. and Canadian beef production has been running above a year ago, and beef demand has exceeded earlier projections. Inflation pressures on both sides of the border […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Weaker Canadian dollar supports feeder market

Weather optimal for bringing in fresh replacements

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Compared to last week, western Canadian yearlings traded steady to $2 higher on average while calves traded $2 higher to $4 lower. The calf market was hard to define due to limited numbers while larger supplies of yearlings were on offer in Manitoba this past week. Alberta packers were buying fed cattle on a dressed […] Read more
In the most severe cases the hair coat of cattle may change colour, but most copper deficiencies in cattle are subtle in nature, which makes it difficult to spot.
Beef Cattle, Cattleman’s Corner, Livestock

Several symptoms relate to copper deficiency

Poor pregnancy rates and lots of foot rot are common indicators of insufficient amounts

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As a beef nutritionist, I have formulated hundreds of cattle minerals. Some are very simple and basic formulas while others are customized to take care of a specific cattle need. Still a few others may contain non-mineral feed additives. Regardless of their final mineral choice, beef producers often request that it be fortified with a […] Read more

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