Insights and Stories on Beef Cattle

Klassen: Friendly beef price outlook supports feeder market

Oct. 10, 2017 at 8:52 am CDT

Compared to last week, yearling prices were $2 to as much as $5 higher, while calf markets traded $3-$7 above week-ago levels. The yearling run is coming to a close and feedlots scrambled to secure yearling ownership. Across Alberta, feature lots of high-quality 900-lb. steers were trading around $190 and […]

Public input sought on sustainable beef indicators

Oct. 9, 2017 at 4:16 pm CDT

By Staff

A helicopter flies over a wildfire south west of the town of Cache Creek, British Columbia, Canada July 18, 2017. Residents of the town were forced to evacuate 11 days ago and can now return to their homes. REUTERS/Ben Nelms - RC12041183D0

How premises ID helped reduce livestock deaths during B.C. wildfires

Oct. 6, 2017 at 9:47 am CDT

By Jennifer Blair

EU, Canada settle cattle battle at the WTO

Oct. 3, 2017 at 2:25 pm CDT

By Tom Miles

Klassen: Feeder market holds values through volatility

Oct. 2, 2017 at 8:57 pm CDT

By Jerry Klassen

Strong beef demand lifts Cargill profit for quarter

Sep. 27, 2017 at 8:56 pm CDT

Chicago | Reuters — Global commodities trader Cargill reported a 14 per cent rise in quarterly profit on Wednesday as strong beef demand and ample supplies of cattle lifted earnings for its animal nutrition and protein segment for a fifth straight quarter. The gains in protein offset a weaker year-on-year […]

By Karl Plume

Klassen: Feeder market maintains upward momentum

Sep. 25, 2017 at 8:39 pm CDT

Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $8 higher. Strong gains in the live and feeder cattle futures, along with the softer Canadian dollar, set a positive tone for all weight categories. Central and southern Alberta feedlot operators were quite aggressive on […]

By Jerry Klassen

U.S. livestock: Cattle limit down after bearish USDA report

Sep. 25, 2017 at 4:57 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled about two per cent on Monday after government data on Friday showed bigger-than-expected placements of cattle on feed in August. Most-active CME December live cattle dropped by the daily price limit of three cents to finish at 114.425 cents per […]

By Michael Hirtzer

Philippines’ Jollibee eyes deals to grow

Sep. 22, 2017 at 9:01 pm CDT

Manila/Singapore | Reuters — Filipino billionaire Tony Tan Caktiong, who has built Jollibee Foods Corp. into a near-4,000 store purveyor of sweet-style spaghetti, burgers and fried chicken, is looking to buy existing brands in mature markets to help fuel future growth. Dominant at home, where Jollibee has 1,000 eponymous stores […]

By Anshuman Daga Neil Jerome Morales

U.S. cattle placements spike in August

Sep. 22, 2017 at 5:35 pm CDT

Chicago | Reuters — Ranchers placed 1.93 million cattle in U.S. feedlots in August, the U.S. Department of Agriculture said on Friday, in a stronger-than-expected report likely to weigh on futures early next week. Cattle placements rose about three per cent from August in 2016, USDA said. Analysts polled by […]

By Michael Hirtzer