(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market shrugs off feed grain rally

Compared to last week, western Canadian feeder cattle prices were $2-$5 higher on average. Noted strength was in the 700-plus-lb. categories, which spilt over into the lighter calves. Quality groups of yearlings were limited and the scarcity fear factor had a grip on the market. The U.S. Department of Agriculture lowered its fourth-quarter beef production […] Read more









CME August 2019 live cattle, with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle, hog futures sag under pressure from big supplies

Chicago | Reuters — U.S. livestock futures weakened on Wednesday under pressure from large numbers of cattle and hogs and uncertainty over demand, traders said. Declines in the markets reflected expectations that meat supplies will remain plentiful, after farmers expanded their herds. Beef production in the third quarter of 2019 is expected to top seven […] Read more