(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market lacks demand in new tax year

Compared to last week, western Canadian feeder cattle traded $8-$10 lower while U.S. prices were also down $5-$10 from week-ago levels. The feeder market appeared to short-circuit after I thought the market was charged to move higher in last week’s report. Feedlot operators and cattle feeders saturated their demand prior to the New Year and […] Read more


(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Hogs turn up on short-covering, bargain buying

Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished higher on Friday after short covering and bargain buying pared some of the market’s recent losses tied to fears about NAFTA negotiations, said traders. On Wednesday, Mexico said it would withdraw from the North American Free Trade Agreement, following Canadian government worries that the U.S. […] Read more




Today’s cash cattle market is deceiving

Today’s cash cattle market is deceiving

Market Update: It will be a different market in late 2018 compared to late 2017

It’s that time of year when most feedlot and backgrounding operations are running near full capacity and the focus turns to marketing. The live and feeder cattle futures had been quite volatile over the past month when this was written in late December, which can make cattle producers quite nervous. While the futures market has […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle mount late-session rally

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed moderately higher on Tuesday, following late-day short-covering and bargain hunting after three sessions of losses, said traders. Futures initially drew more support from their lower price compared to last week’s slaughter-ready, or cash, cattle returns. Market advances were limited by funds in CME’s livestock markets […] Read more




(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market remains firm into 2018

Western Canadian feeder cattle markets experienced limited activity over the past week because most auction barns were closed for the holiday season. There was some reported activity in certain regions such as central Alberta and prices were relatively unchanged from seven days earlier. Frigid temperatures tempered buying activity. Feedlots in the nearby area of the […] Read more