Insights and Stories on Beef Cattle

Klassen: Feeder cattle prices surge

May. 1, 2017 at 9:07 pm CDT

Western Canadian feeder cattle prices once again traded $3-$5 above week-ago levels, with shorter-keep quality cattle as much as $8 higher. Historically strong feeding margins, along with triple-digit gains in the futures market from Wednesday through Friday, set the positive tone. Feedlots that were holding back on purchases finally stepped […]

Cargill to exit U.S. cattle feeding business

Apr. 26, 2017 at 2:52 pm CDT

By Theopolis Waters Tom Polansek

U.S. livestock: Lean hogs surge on stocks data, strong pork demand

Apr. 25, 2017 at 4:33 pm CDT

By Karl Plume

Klassen: Feedlot operators aggressively bid up feeders

Apr. 25, 2017 at 8:56 am CDT

By Jerry Klassen

U.S. livestock: Live cattle drop from one-year peak, hogs rise

Apr. 24, 2017 at 5:11 pm CDT

By Karl Plume

U.S. livestock: March feedlot cattle placements carve new monthly high

Apr. 21, 2017 at 5:26 pm CDT

U.S. cattle ranchers in March placed 11.0 per cent more cattle into feedlots than a year ago, the U.S. Department of Agriculture reported on Friday, which topped analysts’ forecast and notched a record high for the month. In March packing plants paid feedyards more money for cattle, which enhanced feedlot […]

By Theopolis Waters

U.S. livestock: Live cattle futures again notch 1-year highs

Apr. 20, 2017 at 3:43 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures climbed on Thursday to a one-year top for the third straight day, and deferred contracts marked fresh highs, helped by firmer wholesale beef values, traders said. April live cattle closed 1.700 cents per pound higher at 129.625 cents. June ended 0.525 cent […]

By Theopolis Waters

Brazil’s JBS to resume slaughtering at six idle beef units next week

Apr. 20, 2017 at 3:37 pm CDT

São Paulo/Reuters – The world’s largest meatpacker JBS SA will next week resume slaughtering at six out of 10 beef processing units after sending workers on temporary leave earlier this month, the company said in a statement on Thursday. Another four units will restart operations on May 2 after “reforms, […]

By Reuters

U.S. livestock: Live cattle futures up for 9th straight session

Apr. 19, 2017 at 3:59 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures rose on Wednesday for the ninth consecutive session, and hit a one-year high for a second day in a row, after cash prices exceeded expectations, traders said. April live cattle closed 1.150 cents per pound higher at 127.925 cents, and June up […]

By Theopolis Waters

Klassen: Renewed confidence lifts feeder cattle market

Apr. 17, 2017 at 8:34 pm CDT

Western Canadian feeder cattle markets traded $3-$5 above week-ago levels on average; stronger buying interest was noted on short-keep cattle with prices quoted $5 to as much as $8 higher. Feedlot operators stepped forward more aggressively with ideas that yearling supplies will dwindle over the next month. Quality cattle are […]

By Jerry Klassen