File photo of a steak sandwich with chimichurri sauce at a street food market in Buenos Aires. (Aleksandr_Vorobev/iStock/Getty Images)

Argentina extends beef export cap, stoking farm tensions

Move seen as 'giving markets to other countries'

Buenos Aires | Reuters — Argentina extended beef export restrictions until the end of October on Tuesday, stoking tensions with the powerful farm sector as the government seeks to bolster domestic meat supply to help contain rising food prices. The move comes months before key mid-term elections, with centre-left President Alberto Fernandez keen to avoid […] Read more

Feed grain prices expected to remain high

Feed grain prices expected to remain high

Market Update with Jerry Klassen: More likely to find better calf market closer to year-end

There are always a lot of factors affecting the North American beef market, but this month’s take-home message is to look for the fed cattle market in Alberta to reach seasonal highs during November. We could see Alberta fed cattle prices reach up to $165 delivered. Yearling prices are expected to increase $5 to $8 […] Read more


Photo: Canada Beef Inc.

Klassen: Yearlings hold value while calves remain under pressure

Compared to last week, Western Canadian yearling prices were relatively unchanged while calves were once again $2 to $4 lower. Featherlight bawlers were down $4 to as much as $8 from week-ago levels. The tight feed grain supply situation continues to set the price structure for feeder cattle. Yearlings straight off grass held a slight […] Read more

(Photo courtesy Canada Beef Inc.)

Stronger fed cattle prices support feeder market

Market Update with Jerry Klassen: It’s good to see a return to renewed optimism in the cattle complex

During the week ending May 8, Alberta fed cattle prices were quoted in the range of $158 to $162, up $8 to $10 from 30 days earlier. Wholesale beef prices continue to percolate higher as the U.S. economy moves through a major expansionary phase. Rising consumer incomes and stronger consumer spending will result in a […] Read more



(HLS.ca/virden)

Auction marts urged to introduce social distance

Cattle are still flowing through auction marts as scheduled

The Livestock Markets Association of Canada wants to see more social distance at auction marts in the wake of COVID-19. The association has released an emergency response policy, asking its members to implement social distancing and prevention measures against the virus. “What we are looking at is trying to get a consistent message out to […] Read more


While yearling prices have been very strong, calf prices are trading $10 to $15 lower than a year ago.

Calf prices below year-ago levels

Market Update with Jerry Klassen: Seek price protection if you're backgrounding calves this winter

Western Canadian feedlot margins have hovered in negative territory throughout the summer and early fall. In late September, Alberta packers were buying fed cattle on a dressed basis in the range of $231 to $232; live bids were quoted from $136 to $139. Recent prices are about $15 to $20 below break-even pen closeout values. […] Read more

Important to understand the futures

Market Update: Learn to use hedging tools when selling calves

Over the past year, I’ve received many inquiries from cow-calf producers about hedging feeder cattle. Most producers calve during the winter or spring and sell their feeders in the fall or the following winter after backgrounding. We’ve all seen how the prices can change within a six- to 10-month period. One of the most common questions I […] Read more