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Tag Archives Feedlot

(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market lacks buying interest

Market gives in to pressure from Chicago futures

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Compared to last week, western Canadian feeder cattle markets traded $5-$8 lower on average, with yearlings dropping as much as $10-$12 in certain areas. It appears buyers are incorporating a risk discount due to uncertainty in beef demand longer-term. Rising unemployment levels, sluggish consumer confidence and a sharp drop in disposable income are all factors […] Read more
CME April 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures hit 17-1/2-year low

Cattle also sink as virus measures disrupt markets

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Chicago | Reuters — U.S. hog futures fell on Friday to the lowest point since late 2002 on tumbling pork prices and slowing slaughter rates as measures to control the COVID-19 coronavirus pandemic shuttered schools and restaurants and sent U.S. unemployment rates soaring. Cattle futures also dropped as wholesale beef and cash feedlot cattle prices […] Read more
Commonly used surfaces, such as truck door handles, should be cleaned more often. (Kali9/E+/Getty Images)
General, Machinery

Take extra steps to keep farm workers safe during COVID-19

Add biosecurity practices, or ramp up the ones you already employ

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Farmers concerned about the spread of COVID-19 can learn from the hog sector on the matter of protecting themselves and their workers, says a leading expert on biosecurity in the pork industry. “This is the world of biosecurity that the swine industry deals with on a daily basis,” said Dr. Egan Brockhoff, veterinarian counsellor for […] Read more
It takes a bit of time to understand the supply and demand influences 
on fed cattle.
Beef Cattle, Cattleman’s Corner, Markets

Back to Economics 101 for feeder cattle

Market Update with Jerry Klassen: Look for key market numbers that help determine prices

By
I receive many inquiries about the cattle market throughout the year, and in many cases, I realize the producer does not have a good handle on the fundamentals for beef or cattle. Supply-and-demand projections appear to be a foreign subject for many. For example, I’ve received many calls asking why the cattle price has to […] Read more
Larger beef production weighs on cattle prices
Beef Cattle, Cattleman’s Corner, Markets

Larger beef production weighs on cattle prices

Market Update with Jerry Klassen: More head and heavier cattle heading to packing plant

By
During the first week of February Alberta packers were buying fed cattle in the range of $157 to $159 delivered, which was down from early-January highs of $165 to $168. U.S. first-quarter beef production is coming in larger than expected. The U.S. weekly slaughter has been six to seven per cent above year-ago levels. In […] Read more
Analyzing the cattle-on-feed reports
Beef Cattle, Cattleman’s Corner, Markets

Analyzing the cattle-on-feed reports

Market Update with Jerry Klassen: What looks like bearish news is sometimes the opposite


By
The Alberta and Saskatchewan cattle-on-feed reports can provide valuable information for cow-calf producers and backgrounding operators. Finishing feedlots often pay attention to the main numbers in the cattle-on-feed reports but fail to look at fine details such as the feeder cattle placements by weight category. In some cases, media reports suggest the report is bearish […] Read more

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