Insights and Stories on Beef Cattle

Jul. 16, 2019 at 8:53 am CDT

Compared to last week, western Canadian feeder cattle markets traded $2-$5 higher on average. Auction barns had limited numbers on offer but strong buying interest surfaced for quality packages. Alberta feedlots were the main buyers setting the price structure. There were two main factors enhancing demand this week. First, U.S. […]

By Jerry Klassen

Jul. 15, 2019 at 5:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended mostly lower on Monday as weak boxed beef prices fueled concerns about increasing supplies. Select-grade boxed beef was $189.21/cwt on Monday afternoon, down 2.7 per cent from a week ago, according to U.S. Department of Agriculture data issued […]

By Tom Polansek

Jul. 12, 2019 at 9:36 pm CDT

Ranchers who display “exemplary” stewardship as tenants on Alberta’s public lands could soon be eligible for double the term of the usual lease. The province announced Tuesday it expects the new policy to come into effect in late autumn this year and “in the coming months” will release new guidelines […]

By GFM Staff

Jul. 12, 2019 at 5:54 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Friday and the most-active August contract recorded its biggest weekly gain since April, supported by expectations of thinning U.S. hog supplies, traders said. A glut of hogs has hung over the futures market for months, but […]

By Julie Ingwersen

Jul. 11, 2019 at 7:19 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell about three per cent on Thursday on sluggish cash markets, traders said, retreating after a two-session surge that lifted the August contract to a near-three-week high a day earlier. CME August lean hogs settled down 2.55 cents at […]

By Julie Ingwersen