Insights and Stories on Beef Demand

Nov. 29, 2016 at 4:58 pm CST

Western Canadian feeder cattle markets were trading $5-$7 above week-ago levels, with higher-quality cattle trading as much as $10 higher. It’s difficult to quarrel with one’s bread and butter; feedlot margins are now in positive territory and cattle feeders are keen on ownership with the positive outlook into the March […]

By Jerry Klassen

Nov. 8, 2016 at 9:52 am CST

Western Canadian feeder cattle markets were relatively unchanged from week-ago levels as most auction barns held featured or pre-sort calf sales. However, premiums of $3 to as much as $8 were noted on pre-conditioned, quality-weaned replacements. Time in the market is more important than timing the market; longer term risk […]

By Jerry Klassen

Nov. 1, 2016 at 9:13 am CDT

Western Canadian feeder cattle markets experienced a week-over-week gain of $5 to $8. Strength in live cattle futures, along with the weaker Canadian dollar, rejuvenated buying interest amongst feedlot operators across the Prairies. Alberta packers were buying fed cattle in the range of $222 to $227 on a dressed basis, […]

By Jerry Klassen

Oct. 4, 2016 at 2:59 pm CDT

Reuters — Global commodities trader Cargill reported a sharply higher quarterly net profit on Tuesday, helped by rising beef demand and stronger grain trading and processing margins. The privately held company’s net income rose 66 per cent to $852 million in the first quarter ended Aug. 31 from $512 million […]

By Karl Plume

Sep. 12, 2016 at 9:53 pm CDT

Alberta packers were buying fed cattle in the range of $128-$130 this past week — the lowest levels since December 2013 and down nearly $18 from a month ago. Weekly beef production continues to defy expectations, bludgeoning feeding margins across the Prairies. Western Canadian feeder cattle markets were quick to […]

By Jerry Klassen