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Finishers, Livestock, Markets

Klassen: Feeder cattle market consolidation continues

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Western Canadian feeder cattle markets were unchanged from week-ago levels. Larger pre-sort calf sales were held across the prairies. Buying interest was barely sufficient to support the market at the current levels.  The risk tolerance shifted from medium to low this past week. Discounts appeared to be more severe on unweaned and unvaccinated calves. Colder […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle futures firm on strong cash market, rising beef prices

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Chicago | Reuters – U.S. live cattle futures firmed on Friday, supported by strong cash feedlot cattle and beef prices and robust packer profit margins. The market posted a modest decline for the week after eight straight weeks of gains, but prices remain near six-month peaks reached after the two-month rally took futures up by […] Read more
Photo: Canstock
Hogs, Reuters

China reshapes global meat markets as swine fever rages

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London | Beijing | Reuters – China is scouring the world for meat to replace the millions of pigs killed by African swine fever (ASF), boosting prices, business and profits for European and South American meatpackers as it re-shapes global markets for pork, beef and chicken. The European Union, the world’s second largest pork producer […] Read more
Second-quarter beef production to affect market
Cattleman’s Corner, Livestock, Markets

Second-quarter beef production to affect market

Market Update with Jerry Klassen: Tighter U.S. supplies will continue until April, then the tide will turn

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Alberta fed cattle prices were trading in the range of $136 to $139 during the war half of September, while in mid- to late October Alberta packers were buying fed cattle in the range of $143 to $145. Although fed cattle prices have ratcheted higher, yearling and calf markets are relatively unchanged. In central Alberta, […] Read more
(Shadowinternet/E+/Getty Images)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures rise on hopes for Chinese pork import tariff rollback

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Chicago | Reuters – U.S. lean hog futures closed mostly higher on Thursday on renewed hopes for accelerated U.S. pork sales to China after officials from both countries said an interim trade deal could include a phased rollback of tariffs. The hog market has been highly sensitive to any signs of easing trade tensions between […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hog futures retreat as interim China trade deal delayed

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Chicago | Reuters – U.S. lean hog futures retreated on Wednesday, surrendering nearly all of the prior session’s strong gains on worries about U.S. pork exports to China after a senior White House official said a “phase one” trade deal with the world’s top pork consumer could be delayed. The delay followed news that Canada […] Read more
Silage corn grown during drought can lead to feed quality and safety issues.
Cattleman’s Corner, Corn, Livestock

Drought-stricken corn can make dangerous silage

High nitrate levels, moulds and toxins might prevail


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Much of this year’s corn crop across the southern Prairies has been once again hit by drought. My photograph of a southern Manitoba cornfield in mid-August shows one of the worst cornfields I have ever seen. It tasselled out early with curled grey leaves and no visible cobs on its stalk. Most whole plants were […] Read more
Photo: Canada Beef Inc/Getty Images
Livestock, Reuters

China to resume imports of Canadian beef and pork

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Reuters – China will resume imports of Canadian beef and pork, Prime Minister Justin Trudeau said on Tuesday, some four months after Beijing blocked shipments amid an escalating diplomatic feud between the two countries. “Good news for Canadian farmers today: Canadian pork and beef exports to China will resume,” Trudeau tweeted. The Chinese embassy in […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs jump in short-covering, technical bounce

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Chicago | Reuters – U.S. lean hog futures rallied on Tuesday in a technical-buying and short-covering bounce from recent lows, underpinned by hopes for accelerated pork sales to China amid surging prices in the world’s largest pork-consuming country, analysts said. Pork prices have surged to record highs in China as African swine fever has decimated […] Read more

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