Insights and Stories on Beef Cattle

U.S. beef cow herd falls to lowest level since 1962, USDA says

Jan. 31, 2023 at 4:59 pm CST

Chicago | Reuters — The U.S. beef cow herd dropped to its lowest level since 1962, U.S. Department of Agriculture data showed on Tuesday, after a severe drought raised costs for livestock feed. Ranchers increasingly sent cows to slaughter last year, instead of keeping them to reproduce, as dry weather […]

Klassen: Stronger deferred live cattle support feeder market

Dec. 13, 2022 at 11:14 am CST

By Jerry Klassen

U.S. livestock: Supply concerns drive CME live cattle to new contract high

Oct. 26, 2022 at 4:30 pm CDT

By Tom Polansek

JBS quarterly profit falls almost 10 per cent but tops estimates

Aug. 11, 2022 at 7:19 pm CDT

By Reuters

National cattle producer group rebrands

Jul. 7, 2022 at 2:45 pm CDT

By Dave Bedard

Klassen: Feeder market showing strength in deferred positions

Mar. 29, 2022 at 3:49 am CDT

Compared to last week, western Canadian yearling prices were $3-$5 lower on average while calves traded steady to $4 lower. Outside central Alberta, the steer-heifer spread appeared to widen by $2-$4. Strength in corn futures contributed to the defensive tone. Feedlot operators buying hand-to-mouth have been caught off guard with […]

By Jerry Klassen

Klassen: Feeder cattle market experiences volatility

Mar. 15, 2022 at 1:02 pm CDT

Compared to last week, western Canadian yearling markets traded $2 higher to as much as $5 lower depending on the region. Mid-weight calves weighing 650-800 lbs. were relatively unchanged while lighter weight calves were steady to $3 higher on average. June live cattle are off $9 from their mid-February highs […]

By Jerry Klassen

JBS to help fund home purchases for Brooks staff

Mar. 3, 2022 at 6:55 pm CST

One of the biggest beef packers operating in Canada is pledging $1.7 million for a one-year pilot program to help employees buy or upgrade homes. JBS Foods Canada, which operates Brazilian meat packer JBS’s plant at Brooks, Alta., on Tuesday announced the launch of what it calls the “Homebuyer Dream […]

By Dave Bedard

JBS reaches ‘icebreaker’ settlement of beef price-fixing claims

Feb. 2, 2022 at 9:49 pm CST

Reuters — JBS has agreed to pay US$52.5 million to settle litigation accusing meatpacking companies of conspiring to limit supply in the $63 billion-a-year U.S. beef market in order to inflate prices and boost profit. The preliminary settlement by the Brazilian company and its U.S. units with so-called direct purchasers […]

By jonathan-stempel

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. […]

By Jerry Klassen

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