Despite lower numbers on finishing operations, slaughter numbers in Canada are about 80,000 head higher than a year ago.

Beef complex moving toward higher supplies

Market Update with Jerry Klassen: Already-tight feeder margins expected to be negative by early fall

During the last week of April, Alberta packers were buying fed cattle in the range of $160 to $163 on a live basis. The market has been contending with tighter supplies of market-ready cattle south of the border. At the same time, wholesale beef prices have been percolating higher as retail and restaurant demand moves […] Read more




Cow Eating Hay At Feedlot

Volatile summer cattle market forecast

Market Update: U.S. feeder cattle supplies remain burdensome

Western Canadian fed and feeder cattle markets are poised for volatile behaviour over the next four to six months. U.S. first- and second-quarter beef production are expected to come in below a year ago. During the third and fourth quarters, there will be a sharp year over year increase in beef production. As of late […] Read more



U.S. cattle herd still growing, but at a slower pace

U.S. cattle herd still growing, but at a slower pace

Market Update: Numbers indicate we're still a couple of years away from contraction

The USDA cattle inventory report in late February showed cattle inventory and calf numbers were above a year ago, but the expansionary phase appears to be slowing. Canadian feeder cattle exports to the U.S. for 2018 had a year-over-year increase of 65 per cent. The larger U.S. calf crop may temper demand for Canadian feeder […] Read more


U.S. livestock: Cattle drop further on rising supply, weak cash prices

U.S. livestock: Cattle drop further on rising supply, weak cash prices

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures dropped for a fourth straight session on Wednesday, pressured by weaker cash cattle prices and seasonally rising supplies, traders said. Technical selling further weighed on the market, sending the spot contract to the lowest level in nearly six weeks. “We’re going to be coming […] Read more

U.S. livestock: Live cattle hit contract highs on weather woes

U.S. livestock: Live cattle hit contract highs on weather woes

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose Tuesday, with the benchmark June contract hitting a high as poor feedlot conditions in portions of the U.S. Plains raised concerns about beef supplies, traders said. Lean hogs closed lower in a profit-taking setback from contract highs set a day earlier. Fat cattle futures […] Read more