(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle climb on technical buying, demand optimism

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Tuesday, lifted by technical buying and optimism for the continued robust demand for cattle and beef, traders and analysts said. Cattle futures shrugged off three straight sessions of declines to rise to the highest levels in about a week. […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market experiences softer demand

Compared to last week, western Canadian feeder cattle sold $4-$6 lower on average. Feedlot operators backed away from the markets due to stronger feed grain prices and weakness south of the border. Certain regions of the U.S. Midwest and southern Plains have experienced adverse weather, which caused U.S. feeder cattle prices to experience a week-over-week […] Read more





(JBSS.infoinvest.com.br)

U.S. investigators question shareholders of Brazil’s JBS

Brasilia | Reuters –– U.S. investigators this week visited Brazil to question shareholders of J+F Investimentos, the holding company that controls meatpacker JBS SA, as part of an existing plea deal, Brazilian prosecutors said on Friday in a statement. U.S. authorities have been investigating the companies controlled by J+F since their largest shareholders — brothers […] Read more




Both Canada and U.S. calf crop numbers are estimated higher from last year.

Calf production numbers increase forecast

Market Update: Producers need to be ready with risk management plans

Alberta fed cattle prices have come under pressure over the past month. Alberta packers were buying fed cattle in the range of $147 to $149 during the second week of November, down $4 to $6 from a month earlier. Weakness in the fed cattle market has spilled over into the feeder complex. Western Canadian yearling […] Read more



CME August 2019 live cattle (red) and January 2019 feeder cattle (blue). (Barchart)

Klassen: Feeder market searching for direction

Western Canadian feeder cattle markets were quite variable from seven days earlier. Prices were unchanged in the eastern Prairie regions; however, Alberta markets traded $3 to as much as $7 below week-ago levels. Alberta and Saskatchewan feedlot inventories are running 16 per cent above year-ago levels, so there’s limited buying power available. Calves are fleshier […] Read more