(Photo courtesy Canada Beef Inc.)

U.S. livestock: Fallen cash prices rattle CME live cattle

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures suffered their fourth straight day of losses on Wednesday after digesting sharply lower preliminary prices for market-ready (cash) cattle, traders said. Spot-August futures closed down 1.95 cents/lb. to 145.25 cents, and October 2.25 cents lower at 145.15 cents (all figures US$). Earlier on Wednesday, a […] Read more



(TysonFoods.com)

Tyson cuts beef production due to cattle shortage

Reuters — Tyson Foods on Friday said it is permanently ceasing beef production at its plant in Denison, Iowa, effective immediately, as cattle ranchers work to rebuild shrunken herds following the severe Midwestern drought. The move by Tyson, the biggest U.S. meat processor, will affect 400 employees at the plant, which will continue byproduct rendering […] Read more



Cattle prices going sideways, or may trend down

Cattle prices going sideways, or may trend down

As U.S. and Canadian producers increase production, beef demand appears to be levelling off

Fed and feeder cattle prices appear to be in transition. All the major factors that drove the cattle and beef complex to historical highs over the past quarter are slowly turning so that it will be difficult for the market to experience further significant upside. The U.S. economic expansion, which drove beef demand to unprecedented […] Read more





(Photo courtesy Canada Beef Inc.)

Klassen: Lower grain production weighing on feeder market

Western Canadian feeder cattle prices experienced a mixed tone over the past week, with auction markets reporting prices $3 lower to $3 higher in comparison to seven days earlier. The Prairie region continues to experience above-average temperatures causing significant deterioration to pasture and crops in Alberta and western Saskatchewan. Certain auction markets experienced slightly larger […] Read more

Improving consumer income is sustaining beef consumption levels even in the midst of all-time high beef prices.

Cattle markets expected strong through ‘til fall

Consumer spending appears to have an appetite for meats


Fed and feeder cattle markets across Canada continue to trade at historical highs on the heels of very strong beef demand. Alberta fed cattle prices continue to hover in the range of $200 to $202 per cwt; higher quality Charolais cross steers averaging 700 pounds are reaching above $300 across Western Canada. Improving consumer incomes […] Read more