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Beef Cattle

Feeder cattle market poised to rally in 2022
Beef Cattle, Cattleman’s Corner, Markets

Feeder cattle market poised to rally in 2022

Market Update with Jerry Klassen: Higher barley production forecast, with feed grain prices expected to fall

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Alberta packers were buying fed cattle on a live basis in the range of $163-$165 during the second week of December. This is up $9-$11 from 30 days earlier. Canadian prices have been pulled higher by strength in the U.S. fed market. Fed cattle prices in Texas and Kansas were actively trading in the range […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle futures drop on profit-taking; lean hogs fall

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Thursday on profit-taking after a previous session rally resulted in several contracts hitting new highs, traders said. CME February live cattle settled down 0.750 cent at 139.975 cents per pound. Feeder cattle futures, which were supported by a slump in Chicago corn futures, […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME livestock futures rise on supply concerns

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Chicago | Reuters – Chicago Mercantile Exchange livestock futures climbed on Wednesday, as cash cattle prices firmed on concerns around meat supplies to meet anticipated demand going into next year, traders said. Cattle futures ended higher, as beef carcass cutout prices continued to firm and cash cattle traded higher, traders said. Cash cattle traded at […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise on expectations of beef demand; hogs ease

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Chicago | Reuters – Chicago Mercantile Exchange cattle futures finished higher on Tuesday, as slaughter rates increased and carcass cutout values continued to firm, traders said. There is an expectation of beef prices continuing to firm and demand be strong going into the first quarter of 2022, said Doug Houghton, analyst with Brock Capital Management. […] Read more
File photo of Korean braised short ribs. (Sungsu Han/iStock/Getty Images)
Beef Cattle, Livestock, Reuters

Korea suspends Canadian beef imports after BSE case

No other countries yet considering suspensions, CFIA says

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Winnipeg | Reuters — South Korea has suspended beef imports from Canada, which last week reported its first case of bovine spongiform encephalopathy (BSE) in six years, the Canadian Food Inspection Agency said Wednesday. South Korea, the fourth-largest beef importer in the world, is seeking more information about the case before lifting its suspension, the […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market stabilizes after December surge

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Compared to last week, western Canadian feeder cattle prices traded $3-$4 on either side of unchanged. Small groups of various quality characterized sale volumes. There were a few packages of backgrounded yearlings that sold at decent levels. Finishing feedlots were fairly aggressive on groups in the 700- to 800-lb. category. Higher flesh levels have become […] Read more
Drought conditions affect usual mineral recommendations
Beef Cattle, Cattleman’s Corner, Livestock

Drought conditions affect usual mineral recommendations

Formulations need to be tweaked to meet needs of gestating cows

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Mineral (and vitamin) feeding programs for overwintering beef cows have remained pretty much the same, year after year on the Prairies. However, standard recommendations are likely to change this winter. Better mineral (and vitamin) choices should be fed this year in the wake of last summer’s severe drought. Dry conditions compromised good mineral/vitamin status of […] Read more
A microscope-level view of damaged brain tissue from a cow infected with BSE. (USDA photo via U.S. Food and Drug Administration)
Beef Cattle, Livestock

‘Atypical’ BSE shows up in Alberta cow

Spontaneous case won't affect Canada's 'negligible risk' status, CFIA says

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Updated –– Canada’s first case of BSE since the country achieved “negligible risk” status for the brain-wasting cattle disease isn’t expected to affect trade in Canadian beef. The Canadian Food Inspection Agency said Friday it has notified the World Organization for Animal Health (OIE) of a case of “atypical” bovine spongiform encephalopathy (BSE) in an […] Read more

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