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Tag Archives beef

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Western Canadian yearling prices hit fresh record highs

By Jerry Klassen July 30, 2024
The year-over-year decline in last year’s calf crop has caused the market to set new records. Larger finishing feedlots are setting the price structure as many of these lots have seasonal low inventory. The quality of yearlings coming off grass is excellent with buyers shopping for feed efficiencies.  

U.S. livestock: Lean hog, cattle futures turn lower on demand questions
Markets, Reuters

U.S. livestock: Lean hog, cattle futures turn lower on demand questions

By P.J. Huffstutter, Reuters July 29, 2024
Chicago Mercantile Exchange (CME) livestock futures turned lower on Monday, as cattle futures fell on signs of profit taking, a steady cattle cash market and uncertainty about consumer demand for beef this fall, market analysts said.


Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)
Markets, Reuters

U.S. livestock: Feeder cattle gain strength as corn prices plunge

By Renee Hickman, Reuters July 26, 2024
Chicago Mercantile Exchange (CME) cattle futures ticked up Friday on steep losses in the U.S. grains market, while lean hogs mostly firmed on short-covering, analysts said.

Photo: FevziieRyeman/iStock/Getty Images
Beef Cattle, Reuters

Brazil beef output to hit record in 2024, Conab says

By Roberto Samora July 25, 2024
Sao Paulo | Reuters – Brazil’s beef production is expected to reach a record 10.19 million metric tons in 2024, national crop agency Conab said on Thursday, a 7.1 per cent year-on-year increase that would eclipse the current all-time high set in 2006. Beef exports from the South American country are seen reaching 3.44 million […] Read more


U.S. livestock: Lean hog futures firm on technical trade; cattle futures mixed
Markets, Reuters

U.S. livestock: Lean hog futures firm on technical trade; cattle futures mixed

By Renee Hickman, Reuters July 24, 2024
Chicago Mercantile Exchange (CME) lean hog futures ticked up on technical trading on Wednesday, while cattle futures were mixed to lower, analysts said.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Technical trading sends CME livestock futures higher

By P.J. Huffstutter, Renee Hickman, Reuters July 23, 2024
Chicago Mercantile Exchange (CME) livestock futures turned higher on Tuesday, with cattle futures continuing to firm amid signals that cash market prices may ease, market analysts said.


File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Beef Cattle, Livestock, Markets

Klassen: Feeder market leaps higher

By Jerry Klassen July 23, 2024
For the week ending July 20, Western Canadian yearlings traded $8-$15 above prices from seven days earlier. Values for larger groups of quality calves were up $8 to $10 from a week earlier while run of the mill smaller packages were relatively unchanged.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Livestock futures turn higher on technical trading

By P.J. Huffstutter, Reuters July 22, 2024
Chicago Mercantile Exchange (CME) cattle futures ended higher on Monday on technical trading, and as futures prices continued to hover well below the cash market levels, analysts said.


Photo: Kelln Solar/Facebook
Livestock

WATCH: Kelln solar makes waves in beef industry

By Melissa Jeffers-Bezan July 22, 2024
Kelln Solar is a remote watering system company based out of Lumsden, Sask. While the company was originally created for the agricultural industry, they have expanded into work for cabins, lighting and small power solutions.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures end mixed; traders question slowed slaughter pace

By P.J. Huffstutter, Reuters July 19, 2024
Chicago Mercantile Exchange (CME) nearby live cattle futures ended higher on Friday, amid technical trading ahead of a monthly government cattle supply report, analysts said.


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