Insights and Stories on Beef Cattle

Feb. 21, 2014 at 3:31 pm CST

Chicago | Reuters — The number of cattle placed in U.S. feedlots in January increased nine per cent from a year earlier as record-high prices for cattle encouraged feedlots to bring in young calves for fattening, a government report showed on Friday. The U.S. Department of Agriculture report showed January […]

Feb. 19, 2014 at 5:50 pm CST

Canadian cattle and hog producer groups report a “noteworthy” admission from U.S. officials on the effects of Washington’s revised country-of-origin labelling (COOL) rules, during Canada’s latest challenge against COOL at the World Trade Organization. According to officials from the Canadian Cattlemen’s Association, during WTO compliance panel hearings on COOL held […]

By Staff

Feb. 16, 2014 at 12:45 am CST

Western Canadian feeder cattle prices set new record highs at most auction barns last week. It appears that pen closeouts are profitable by approximately $200/head and feedlot operators are anxious to reload. Buying interest for grassers is also starting to step forward and backgrounding operators were actively buying lighter weight […]

By Jerry Klassen

Feb. 11, 2014 at 4:55 am CST

A sharp drop in wholesale beef prices, along with softer fed cattle values, caused the feeder market to finally run into some resistance last week. Adverse weather also tempered buying enthusiasm for lighter-weight cattle, with dreadful temperatures reported across most of Western Canada. The feeder market is indeed functioning to […]

By Jerry Klassen

Feb. 10, 2014 at 3:12 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished mixed on Monday as investors bought the February contract and sold deferred months as they priced in last week’s cash returns, traders said. February live cattle closed up 0.3 cent per pound at 141.5 cents and April ended down […]

By Theopolis Waters