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Beef Cattle

CME April 2023 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Finishers, Livestock, Markets

Klassen: April live cattle futures pull nearby cash feeder market higher

More feedlots switching back to barley

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Compared to last week, western Canadian yearling markets traded steady to $3 higher on average. Quality yearling packages of larger volume traded $2-$3 above week-ago levels. The calf market is becoming more defined. Larger calf volumes were on offer in Saskatchewan and Manitoba but smaller numbers were noted in Alberta. Therefore, we can’t accurately compare […] Read more
Dave and Lynne Longshore of Bar-E-L Angus have worked with Bullseye services for years to make sure their cattle have proper nutrition at all stages of the production cycle leading to healthy, fertile bulls, and cows that produce vigorous and robust calves.
Beef Cattle, Cattleman’s Corner

Nutrition key to optimizing purebred performance

It’s all about fertile females and bulls with breeding soundness

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Dave Longshore doesn’t take any shortcuts when it comes to proper nutrition for his purebred Black Angus operation in central Alberta. It’s important to produce healthy, sound and fertile bulls that will be offered as breeding stock, and if cows and heifers aren’t fed a well-balanced ration with proper mineral supplements, that will also mean […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder markets digest StatCan data

Barley crop expected up 34 per cent on year

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Compared to last week, western Canadian yearling markets traded steady to $2 higher. Yearling prices have strengthened by $8-$10 over the past four weeks. Calf values were relatively unchanged but the market was hard to define due to limited volumes. Alberta packers were buying on a dressed basis from $300 to $302 delivered, up $1-$2 […] Read more
Photo: ARS/USDA
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures fall as soy prices rally

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Chicago | Reuters – Chicago Mercantile Exchange hog futures fell on Tuesday, with strength in the soymeal market raising the prospects of increased feeding costs. Feeder cattle contracts were also weaker due to strong corn prices while live cattle edged higher on light technical buying. CME October lean hogs LHV2 fell 1.075 cents to 92.9 cents per […] Read more
The cattle market will move through a transition phase in the fourth quarter of 2022.
Beef Cattle, Cattleman’s Corner, Markets

U.S. cattle herd continues to contract

Market Update: Lower feed grain prices this fall will improve feeder margins

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During the first half of August, Alberta packers were buying fed cattle on a live basis in the range of $173-$176 FOB the feedlot in southern Alberta. Fed cattle prices have been relatively flat over the past month as the U.S. market contends with a sizeable year-over-year increase in fed cattle supplies. Alberta basis levels […] Read more
Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)
Beef Cattle, Livestock, Markets, Reuters

JBS quarterly profit falls almost 10 per cent but tops estimates

Cattle prices 'above the expected level'

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Sao Paulo | Reuters — JBS, the world’s largest meatpacker, posted an almost 10 per cent drop in net profits, to US$766 million, driven by the relative weakness of its U.S. beef and pork units in the second quarter, according to an earnings statement on Thursday. Still, it beat analysts’ forecasts. JBS reported a 4.6 […] Read more

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