Photo: Canada Beef Inc.

U.S. livestock: Live cattle slip from 3-week high in technical setback

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures dropped on Thursday in a technical-selling and profit-taking setback after scaling to three-week highs the previous day. Strengthening cash beef prices and government data showing smaller-than-expected cattle supplies at feedlots had supported the market earlier this week. “Coming out of the cattle on feed report, […] Read more


(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Lean hogs end limit-up on African swine fever jitters

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures surged on Wednesday as concerns about the spread of African swine fever, particularly in China, fueled buying that took some contracts up by as much as their daily trading limits. Additional support in actively traded December futures stemmed from the contract’s discount to cash hog […] Read more



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U.S. livestock: Cattle, hog futures rebound on supply reports

Chicago | Reuters – Chicago Mercantile Exchange cattle and hog futures rose on Monday, bouncing back from Friday’s decline as traders digested government reports that showed supplies, while remaining abundant, were less than expected. Concerns about the spread of African swine fever in China added support. The U.S. Agriculture Department on Monday reported that beef in cold […] Read more



cattle in a feedlot

Price opportunity for calves and yearlings

Market Update: Strong consumer demand is using up beef supplies


The market outlook for fed and feeder cattle is looking brighter compared to a month ago. Beef demand is coming in larger than anticipated due to the corporate and personal tax cuts south of the border. Recent U.S. data shows that restaurant spending was up nearly 10 per cent over year-ago levels during the summer […] Read more




Klassen: Stronger demand supports feeder market

Klassen: Stronger demand supports feeder market

Western Canadian feeder cattle markets jumped $2-$5 last week, after adverse weather caused buyers to shy away earlier in October. Major feedlot operators were very aggressive on quality yearling packages and heavier weaned vaccinated calves. Many operations have limited ownership at this time of year because wet, cold weather conditions delayed purchases. The market appeared […] Read more