Feed grain supplies down, then up by fall

Market Update: Late 2019 may be a good time to think about backgrounding

The price of feeder cattle is influenced by two main factors — the expected fed cattle price when the feeder is finished; and the price of feed grains. Let’s have a look at the fundamentals for Canadian barley as well as a brief overview of the corn situation. As of early March, Lethbridge-area feedlots were […] Read more


Agriculture Minister Marie-Claude Bibeau, shown here March 14, 2019 at the Montreal-Trudeau airport with Canadian border services officers and detector dogs, announced new funding to expand Canada’s detector dog corps. (CNW Group/CFIA)

Canada to boost airport detector dog corps

With African swine fever top of mind, the federal government plans to more than double the total number of detector dog teams at Canada’s airports within five years. Agriculture Minister Marie-Claude Bibeau, speaking in Montreal Thursday, announced new funding of up to $31 million over five years to add 24 Food, Plant, and Animal Detector […] Read more



U.S. livestock: Hog futures mixed after hitting three-month high

U.S. livestock: Hog futures mixed after hitting three-month high

Chicago | Reuters — U.S. lean hog futures were mixed on Wednesday, with the front-month contract easing on profit-taking after rallying to a three-month high while deferred contracts rose on expectations of tight supplies, traders said. Live cattle contracts were firm following two straight days of declines with concerns about a massive U.S. storm system […] Read more

U.S. livestock: Hogs extend win streak on short-covering, firm cash

U.S. livestock: Hogs extend win streak on short-covering, firm cash

Chicago | Reuters — U.S. lean hog futures rallied to two-month high on Tuesday, their third straight day of gains, as investors scrambled to cover shorts amid concerns about supplies and signs of cash market strength, traders said. Live cattle futures were weaker, with abundant supplies continuing to weigh on the market. Concerns about African […] Read more


CME April 2019 live cattle, with August 2019 live cattle in brown. (Barchart)

Klassen: Feeder market holds value

Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Buying interest for yearlings was somewhat stronger while calves in the eastern Prairie regions were softer. Moderate temperatures are in the seven-day forecast for most of Western Canada, so the risk discount due to adverse weather has evaporated. Barley jumped an additional […] Read more