Insights and Stories on Beef Cattle

Jul. 28, 2017 at 9:18 am CDT

Cattle producers have a lot to celebrate. “Our prices for feeder and fed cattle are holding up quite well right now,” said Jason Wood, provincial livestock market analyst with Alberta Agriculture and Forestry. No one could have predicted that the market would go as high as it did, he said. […]

By Alexis Kienlen

Jul. 27, 2017 at 3:41 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle closed steady to higher on Thursday, with support from bargain buying and futures’ discounts to initial cash prices, said traders. Investors bought deferred months and simultaneously sold August futures after digesting last Friday’s bearish U.S. Department of Agriculture cattle reports. August ended […]

By Theopolis Waters

Jul. 26, 2017 at 4:05 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle contracts on Wednesday pared some recent losses, helped by bargain buying and futures’ discounts to early-week cash prices, said traders. Investors bought August futures and sold deferred months in a trading strategy known as bull spreads. August ended 1.125 cents per […]

By Theopolis Waters

Jul. 25, 2017 at 7:58 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, led by lingering bearishness from last Friday’s U.S. Department of Agriculture cattle reports, traders said. USDA’s reports suggested a supply buildup in the coming months, which dropped futures by their 3-cent per pound daily price limit […]

By Theopolis Waters

Jul. 25, 2017 at 9:31 am CDT

Western Canadian feeder cattle markets were unchanged from week-ago levels despite the strengthening Canadian dollar, stronger feed grain values and weaker fed cattle prices. Feedlot operators are wondering if this is a mockery, a delusion or a snare. Shorter term replacements are hard to come by and haven’t softened a […]

By Jerry Klassen