Insights and Stories on Livestock

Klassen: Feeder market establishes short-term stability

Feb. 1, 2022 at 6:55 pm CST

Compared to last week, western Canadian feeder cattle traded $2-$4 on either side of unchanged. Steady demand was noted on 800-plus-pound cattle, but calves and lighter weights experienced softer buying interest. Favourable weather and optimal pen conditions along with firmer live cattle futures supported the yearling market. Imports of U.S. […]

Alberta RCMP to start unclogging major border crossing

Feb. 1, 2022 at 5:29 pm CST

By Dave Bedard

U.S. livestock: CME cattle end higher on rising slaughter pace

Jan. 31, 2022 at 6:33 pm CST

By Julie Ingwersen

Philippines ends import block on Canadian beef

Jan. 29, 2022 at 9:36 pm CST

By Dave Bedard

Chicken abuse caught on video nets $600,000 in fines

Jan. 28, 2022 at 8:28 pm CST

By Dave Bedard

U.S. livestock: CME cattle futures up with daily slaughter levels

Jan. 28, 2022 at 5:29 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Friday as daily processing levels began to rebound, a sign that COVID-related staffing woes may be easing, traders said. Meatpackers have struggled with staffing shortages due to the surge in Omicron coronavirus infections, traders said, limiting production in recent […]

By P.J. Huffstutter

U.S. livestock: CME lean hogs drop on profit-taking, technical selling

Jan. 27, 2022 at 6:30 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Thursday, dragged by technical selling and profit-taking following a recent rally to contract highs. Tight U.S. hog supplies had fueled the recent gains and remained a supportive factor, but the market was oversold. “We had a key reversal […]

By Karl Plume

U.S. livestock: CME live cattle up on improved slaughter pace

Jan. 26, 2022 at 7:24 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished higher on Wednesday on technical buying and as rising U.S. slaughter rates eased concerns about cattle supply backups. Cattle processing rates have ramped up after pandemic-related staffing shortages at some meat plants. The U.S. Department of Agriculture (USDA) estimated […]

By Karl Plume

U.S. livestock: CME lean hogs hit new contract high on slim supply

Jan. 25, 2022 at 7:06 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to a new contract high on Tuesday on concerns about tightening U.S. supplies, analysts said. Nearby live cattle and feeder cattle futures also strengthened. U.S. cold storage data, issued after the markets closed on Monday, was supportive for hog […]

By Tom Polansek

Klassen: Feeder market softens on tight feed grain supply

Jan. 25, 2022 at 3:43 am CST

Compared to last week, prices for yearling steers were down $2-$4 while yearling heifers were down $4 to as much as $8. Calf markets were down $3-$6 from last week. Negative feeding margins, colder temperatures and tight feed grain supplies were the three main factors setting a negative tone in […]

By Jerry Klassen