Insights and Stories on Beef

U.S. livestock: Live cattle sink on profit-taking, technical selling

Jan. 11, 2021 at 7:53 pm CST

Chicago | Reuters — U.S. cattle futures fell on Monday in a profit-taking and technical-selling setback amid concerns about weaker demand for cattle and beef, traders said. Position rolling by funds, as they closed out long positions in the spot month and bought deferred contracts on the second day of […]

U.S. livestock: Live cattle futures drift lower on technical selling

Jan. 8, 2021 at 7:56 pm CST

By Julie Ingwersen

U.S. livestock: Live cattle end mixed, feeders firm

Jan. 7, 2021 at 6:49 pm CST

By Julie Ingwersen

U.S. livestock: Lean hogs trim as packers work through holiday backlogs

Jan. 6, 2021 at 6:29 pm CST

By Christopher Walljasper

U.S. livestock: Live cattle rally on fund-driven buying

Jan. 5, 2021 at 6:25 pm CST

By Julie Ingwersen

Klassen: Feeder cattle prices digesting uncertainty

Jan. 5, 2021 at 3:59 am CST

The feeder cattle market was very quiet during the last week of December with auction barns in holiday mode. There were discussions regarding direct sales but no actual business was confirmed. The stakes are too high given the market uncertainty; a defensive tone will likely continue throughout January. Feed grains […]

By Jerry Klassen

U.S. livestock: Live cattle sag as Wall Street retreats, grain prices rise

Jan. 4, 2021 at 8:04 pm CST

Chicago | Reuters — U.S. live cattle futures fell more than two per cent on Monday, pressured by ample beef supplies and fund-driven selling as Wall Street equities declined, analysts said. Feeder cattle futures fell even harder, dropping by three per cent as U.S. corn futures rose to almost $5 […]

By Julie Ingwersen

Klassen: Lighter calves end year on positive tone

Dec. 29, 2020 at 9:23 am CST

Compared to last week, Western Canadian feeder cattle prices were $2 lower to $3 higher depending on the region. Many auction markets were in holiday mode last week and thinner volumes made the market harder to define. Generally speaking, the market was supported by stronger deferred live cattle futures and […]

By Jerry Klassen

Klassen: Fed cattle prices supporting calf market

Dec. 22, 2020 at 10:11 am CST

Alberta packers were buying fed cattle in the range of $139 to $140 last week, up $1 to $2 from seven days earlier. Strength in the nearby fed cattle market along with the recent rally in the live cattle futures has been supportive for calves under 600 pounds. Compared to […]

By Jerry Klassen

Ontario’s beef set-aside AgriRecovery plan underway

Dec. 22, 2020 at 10:06 am CST

A set-aside program has formally been launched to help Ontario’s 6,800-odd cattle producers maintain market-ready animals while Eastern Canada’s biggest beef slaughter plant remains closed. Federal and provincial officials on Monday announced applications are now open for the Canada-Ontario COVID-19 AgriRecovery Beef Emergency Feed Maintenance Initiative, with applications for the […]

By Dave Bedard