(Photo courtesy Canada Beef Inc.)

October U.S. cattle placements not as slow as expected

Chicago | Reuters –– The number of cattle placed in U.S. feedlots in October declined versus last year, a government report showed on Friday, but not by as much as expected, said analysts. While pricey calves discouraged feedlots from buying them, high-priced slaughter cattle and deteriorating summer pastures drew more livestock into feeding pens, they […] Read more

Cattle market remains sensitive to demand

Market update

The cattle complex ended the 2013 calendar year relatively strong. Alberta packers were buying fed cattle at the yearly highs of $127/cwt to $128/cwt as seasonal strong demand caused AAA wholesale beef prices to reach $208/cwt, up over $30/cwt from year-ago levels. The weaker Canadian dollar along with lower beef production resulted in the elevated […] Read more