Insights and Stories on Beef Cattle

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U.S. livestock: Live cattle plunge after USDA reports

Jul. 24, 2017 at 3:46 pm CDT

Chicago / Reuters – Some Chicago Mercantile Exchange live cattle contracts settled down the 3.000-cent per pound daily price limit on Monday following Friday’s bearish U.S. Department of Agriculture cattle reports, said traders. Friday’s USDA monthly Cattle-On-Feed report showed the largest June cattle placements for the month in 11 years. […]

Alabama finds atypical BSE case

Jul. 19, 2017 at 12:55 pm CDT

By Reuters

Klassen: Renewed optimism supports feeder market

Jul. 18, 2017 at 3:21 pm CDT

By Jerry Klassen

Nilsson Bros. to buy back JBS feedlot for $50 million

Jul. 14, 2017 at 5:29 pm CDT

By Staff

JBS gets nod from Brazil court to divest assets

Jul. 13, 2017 at 8:40 pm CDT

By Reuters

Klassen: Feeder market eyes feed grain rally

Jul. 11, 2017 at 3:20 pm CDT

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Limited cattle were on offer with the shortened holiday week, but quality groups were well bid. Feedlot operators have been aggressively selling fed cattle, freeing up pen space. Although feedlot inventories decline in the summer, many operations want to […]

By Jerry Klassen

India’s top court suspends ban on trade in cattle for slaughter

Jul. 11, 2017 at 9:39 am CDT

New Delhi | Reuters — India’s Supreme Court suspended on Tuesday a government ban on the trade of cattle for slaughter, a boost for the multi-billion dollar beef and leather industries mostly run by members of the Muslim minority. Prime Minister Narendra Modi’s Hindu nationalist government in May decreed that […]

By Mayank Bhardwaj Suchitra Mohanty

Guelph gets new beef research facility

Jul. 6, 2017 at 9:05 pm CDT

The federal and provincial governments and the Beef Farmers of Ontario have all announced funding for buildings and programs at the University of Guelph’s renewed beef research station this week. The funds announced are to help create a completely new cow-calf and heifer research facility next to the current beef […]

By John Greig

Klassen: Feeder cattle market enters summer doldrums

Jul. 4, 2017 at 8:51 am CDT

Western Canadian feeder cattle prices steady to $5 lower across all weight categories last week with most auction barns starting their summer holiday schedule. Most sales rings are closed next week. Limited numbers were on offer across the Prairies, which caused diverse price action in certain regions. Heavier feeders are […]

By Jerry Klassen

Brazilian top court justice upholds barring JBS asset sale

Jul. 3, 2017 at 12:32 pm CDT

Brasilia | Reuters — A Brazilian Supreme Court justice has upheld a lower court decision that ordered the world’s largest meatpacker, JBS SA, to halt the sale of US$300 million worth of South American assets to Minerva SA , according to a court document. Justice Edson Fachin agreed with a […]

By Reuters