(USDA.gov via Flickr)

U.S. cattle herd growth to five-year high spells cheaper beef ahead

Chicago | Reuters — Beef prices will keep trending lower, analysts said after the government’s semi-annual cattle inventory report on Friday showed the U.S. cattle herd as of Jan. 1 grew three per cent from a year ago, to a five-year high. Healthy pastures, more-affordable grain and record-high cattle prices a year ago encouraged ranchers […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feeders still vulnerable in financial market turbulence

Western Canadian feeder cattle prices experienced a defensive tone over the past week. Cattleman had their eyes glued to the equity market meltdown, which enhanced fears the fed cattle market would follow suit. Live cattle futures were on a roller coaster, and a late-week bounce in the Canadian dollar added to market uncertainty. Buyers were […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Uncertainty causes feeder market volatility

Western Canadian feeder cattle prices traded steady to as much as $10 lower compared to week-ago levels. Feedlot hands are contending with adverse winter conditions and cattle travelling farther distances were down $6 to $12 in non-major feeding regions. Feeder markets were slightly softer Monday through Wednesday; however, feedlot operators were quick to back away […] Read more



(Canada Beef Inc. photo)

Wintry blast cuts both ways in U.S. cattle country

Chicago | Reuters — A major winter storm rolling across the U.S. Plains on Monday disrupted transportation of cattle to beef packing plants in sections of the region, said experts. However, they said, the rough weather supported cattle and wholesale beef prices struggling against abundant overall meat supplies and heavyweight animals. The storm, dubbed Goliath, […] Read more





(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market falls sharply

Western Canadian feeder cattle prices experienced a week-over-week decline of $12-$15 on average, with fleshier unweaned calves trading down $20-$25. Major feedlot operators reined in buying interest across the Prairies as fed cattle and wholesale beef prices remain under pressure. Feeding margins continue to deteriorate beyond pain thresholds and the backlog of market-ready feedlot supplies […] Read more