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Tag Archives beef production

Teresa Mann, general manager for Lakeland College’s purebred herd, grooming a heifer at Canadian Western Agribition.
Beef Cattle, Cattleman’s Corner

Young cattle producers talk industry future

They are really just beginning their careers, but they're ready for the challenges ahead

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As a fifth-generation producer, Chad Hollinger faces some of the same challenges as his great-great grandparents, plus a few new ones. Hollinger, who is in his late 20s, farms with his father and grandfather near Neudorf, Saskatchewan, cropping about 3,700 acres of grain land and running 250 head of commercial and purebred Angus. “Our land […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle prices surge

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Western Canadian feeder cattle prices once again traded $3-$5 above week-ago levels, with shorter-keep quality cattle as much as $8 higher. Historically strong feeding margins, along with triple-digit gains in the futures market from Wednesday through Friday, set the positive tone. Feedlots that were holding back on purchases finally stepped forward, pushing the market to […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Renewed confidence lifts feeder cattle market

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Western Canadian feeder cattle markets traded $3-$5 above week-ago levels on average; stronger buying interest was noted on short-keep cattle with prices quoted $5 to as much as $8 higher. Feedlot operators stepped forward more aggressively with ideas that yearling supplies will dwindle over the next month. Quality cattle are starting to thin out at […] Read more
(JBSsa.com)
Beef Cattle, Livestock, Reuters

JBS weighs suspending U.S. IPO

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Sao Paulo | Reuters — Brazil’s JBS SA, the world’s biggest meatpacking company, will decide in coming days whether to suspend listing its overseas operations after a corruption scandal, newspaper Folha de S. Paulo said Monday. A person involved in the deal told Reuters last week JBS had no intention of delaying the US$1 billion […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle drop on cautious feedlot demand

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Western Canadian feeder cattle markets traded $3 to as much as $8 below week-ago levels as feedlot managers anticipate growing beef supplies during the late spring and summer. Heavier weight categories absorbed the brunt of the selling pressure, with backgrounding operators liquidating fall-placed calves. Certain groups of higher-quality heifers held value with the purpose of […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Tenacious feeder market softens on supply forecasts

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Western Canadian feeder cattle prices traded steady to as much as $5 lower over the past week. Early in the week, buyers incorporated a risk discount due to the extremely cold temperatures, especially in the Eastern prairie regions. By Thursday, markets were factoring in the larger beef supply forecasts from the U.S. Department of Agriculture, […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Winter conditions weigh on feeder market

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Western Canadian feeder cattle prices traded steady to $3 lower compared to seven days earlier. The market tends to soften during the first major snowstorm each year, but the established risk discount was not as severe as in past years. Notwithstanding the cold temperatures and adverse weather conditions, feedlot operators continued to step forward fairly […] Read more
cattle in a feedlot
Cattleman’s Corner, Livestock, Markets

Market recovery still a year away

Market Update: Production is still high, start of beef herd contraction possible in late 2017

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On top of the CBOT building in Chicago stands a statue of “Ceres” — the Greek goddess of grain crops and fertility. An old myth amongst traders is that after a major bull run in a market when traders usually did very well, the Greek goddess wanted her money back. Fed cattle prices have been […] Read more

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