Photo: Thinkstock

U.S. livestock: Supply concerns drive CME live cattle to new contract high

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed higher and reached a new contract high on Wednesday amid concerns about tightening U.S. supplies, brokers said. Strong recent gains have left the market technically overbought and due for a setback, brokers said. “We’ve had a nice rally here,” said Matt Wiegand, commodity broker […] Read more

Photo: Canada Beef Inc.

U.S. livestock: Live cattle futures turn lower after setting contract highs

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures ended mostly lower on profit-taking on Tuesday as the market pulled back from contract highs, analysts said. The market consolidated after recent gains, though analysts said cash cattle prices are expected to strengthen this week. Most actively traded December live cattle LCZ2 ended 0.825 cent lower at […] Read more


Photo: Canada Beef Inc.

Klassen: Alberta feedlot backlog limits demand for feeder cattle 

Compared to last week, Western Canadian yearling prices traded steady to $2 lower on average while calf markets were down $3 to $5. Feedlots in Alberta and Saskatchewan are backed up with significant numbers of market ready fed cattle which has set a negative tone for replacement cattle. Carcass weights are nearing historical highs. Barley […] Read more

Photo: File

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

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


CME December 2022 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle, hog futures rise on robust beef, pork demand

Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures rose on Friday, with strong consumer demand for pork and beef pushing prices higher, traders said. Live cattle received a boost from concerns about tight supplies. “The big thing on the cattle is that the beef market seasonally found some really good strength,” said […] Read more

While feedlot placements are up in the U.S. the opposite is happening in Western Canada
with feedlot placements dropping sharply below year-ago levels through the summer period.

Cattle market digesting many variables

Large Prairie barley crop in 2022, but big shipments of feed to China

As of the third week of September, Alberta packers were buying fed cattle on a live basis in the range of $180-$183/cwt delivered. Alberta finished cattle prices were rather flat throughout September. For March and April of 2023, feedlot operators have been able to forward-contract fed cattle on a dressed basis at $345/cwt delivered which […] Read more


CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Live cattle futures extend gains

Chicago hog futures weak

Chicago | Reuters — Chicago Board of Trade live cattle contracts rose on Thursday, touching a fresh seven-year high, with tight supplies boosting cash market prices and lending support to futures. Hog futures eased after rising in five of the previous six sessions, but losses were kept in check by signs of good consumer demand. […] Read more

File photo of a CFIA vehicle. (Dave Bedard photo)

Avian flu circles back to Quebec

Saskatchewan's bird mingling ban held over

Outbreaks of highly pathogenic avian flu have returned to Quebec’s poultry sector after a lull of just over two months, while more Canadian cases continue to pile up at points west. Canada’s fall migratory season for wild birds appears to have led to the return of outbreaks in both commercial and backyard poultry flocks and […] Read more


CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Cattle, hog futures rise on cash market strength

November feeder cattle also end higher

Chicago | Reuters — Chicago Board of Trade hog and cattle futures rose on Wednesday, following gains made in the cash market earlier this week, traders said. CME December lean hog futures gained 0.9 cent to settle at 87.375 cents/lb. (all figures US$). The contract faced technical resistance at the high end of its 20-day […] Read more

Backgrounding feeding programs are often tailor-made to each beef
producer’s situation. The rate of gain can be achieved over short-45 day,
medium-90 day and longer-kept 120-day feeding programs.

Pencil out the economics of backgrounding

Working through a "what-if" scenario helps in deciding whether to feed

As most of the leaves have fallen, many spring calves are being weaned. It’s also when many beef producers determine whether their weaned calves are immediately sold or held for further feeding. Regardless of the final choice, backgrounding calves takes a bit of homework and should pay off with increased revenue if the goals, the […] Read more