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Tag Archives beef


Photo: Canada Beef
Livestock, Markets

Klassen: Stronger fed market underpins feeder complex

By Jerry Klassen April 30, 2024
For the week ending April 27, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier.

Photo: Thinkstock
Markets, Reuters

U.S. livestock: Cattle futures turn higher, hogs ease on technical trade

By Reuters April 25, 2024
Chicago Mercantile Exchange (CME) cattle futures turned higher on Thursday on technical trading, bouncing off the previous sessions lows in response to the U.S. government announcing plans to expand testing of dairy cows for avian influenza, market analysts said.


File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Cattle futures slump as US requires bird flu tests for dairy cattle

By Reuters, Tom Polansek April 24, 2024
Chicago Mercantile Exchange (CME) cattle futures fell sharply on Wednesday after the U.S. government announced plans to expand testing of dairy cows for avian influenza - even though the virus has not been identified in beef cattle herds, market analysts said.

Photo: Deyanarobova/iStock/Getty Images
Markets, Reuters, Winter Wheat

U.S. livestock: Lean hogs rally on pork demand outlook, rising commodities prices

By Reuters April 23, 2024
Chicago Mercantile Exchange (CME) lean hog futures rallied in tandem with other commodities markets on Tuesday as signs of tightening supplies and a favorable pork demand outlook supported prices, traders said.


Photo: File
Livestock, Markets

Klassen: Feeder market recovers from weather discount

By Jerry Klassen April 23, 2024
Compared to last week, backgrounded yearlings traded $4-$8/cwt higher on average. Calves were quite variable with prices quoted from unchanged to as much as $10 higher. Overall, there appeared to be stronger buying interest this week across all weight categories.

Photo: Canada Beef Inc.
Markets, Reuters

U.S. livestock: Live cattle end higher ahead of monthly USDA data

By Julie Ingwersen, Reuters, GFM Network News April 18, 2024
Chicago Mercantile Exchange live cattle futures ended modestly higher on Thursday as traders squared positions ahead of a monthly feedlot report due on Friday from the U.S. Department of Agriculture (USDA), traders said.


(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Live cattle extend recovery

By Reuters, Tom Polansek, GFM Network News April 16, 2024
Chicago Mercantile Exchange live cattle futures closed higher for a second consecutive session on Tuesday as the market extended a recovery from oversold conditions, analysts said.

(Sierrarat/iStock/Getty Images)
Livestock, Markets

Klassen: Adverse weather weighs on Western Canadian feeder market

By Jerry Klassen, GFM Network News April 16, 2024
Southern Alberta has received over 200 percent of normal precipitation over the past 30 days. Pen conditions are rated poor to very poor in the main feeding pockets of Alberta. Saskatchewan and Manitoba have received less than 40 per cent of normal while Central Alberta has normal to below normal precipitation.


(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures sink to multi-month lows

By Reuters, Tom Polansek, GFM Network News April 12, 2024
Technical selling, fund liquidation and demand concerns drove Chicago Mercantile Exchange cattle futures to multi-month lows on Friday, analysts said.

File photo of cattle in a Kansas feedlot. (BeyondImages/E+/Getty Images)
Markets, Reuters

U.S. livestock: Cattle futures turn higher, hog futures rebound

By Reuters, GFM Network News April 11, 2024
Chicago Mercantile Exchange (CME) cattle futures firmed on Thursday, bolstered by technical trading and anticipated consumer demand going into the grilling season, analysts said.


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