Insights and Stories on Beef

Beef Cattle Cow-Calf Finishers Livestock Markets

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 […]

Klassen: Fed cattle prices supporting calf market

Dec. 22, 2020 at 10:11 am CST

By Jerry Klassen

Ontario’s beef set-aside AgriRecovery plan underway

Dec. 22, 2020 at 10:06 am CST

By Dave Bedard

U.S. livestock: Cattle futures weaken on technical setback

Dec. 21, 2020 at 6:25 pm CST

By Mark Weinraub

U.S. livestock: Cattle futures firm as cash market rebound seen

Dec. 18, 2020 at 6:23 pm CST

By Mark Weinraub

U.S. livestock: Cattle futures firm

Dec. 17, 2020 at 6:41 pm CST

Chicago | Reuters — U.S. cattle futures rose to a two-week high on Thursday, their second straight day of gains, on technical buying, traders said. Hog futures were weaker despite signs of strong pork exports and firm demand from China. Chicago Mercantile Exchange (CME) February live cattle futures settled up […]

By Mark Weinraub

Guelph beef plant idled against COVID-19 outbreak

Dec. 17, 2020 at 4:29 pm CST

Agrifood giant Cargill is temporarily halting production at its beef processing plant at Guelph, Ont. in the wake of a significant COVID-19 outbreak among employees. The company announced it would “begin the process to temporarily idle” the Dunlop Drive plant effective Thursday (Dec. 17). “This was a difficult decision for […]

By Dave Bedard

U.S. livestock: Cattle futures firm despite weak cash markets

Dec. 16, 2020 at 7:53 pm CST

Chicago | Reuters — U.S. cattle futures firmed on Wednesday, shrugging off weakness in the cash market in anticipation of tightening supplies in the coming months, traders said. Hog futures eased on a round of technical selling. Traders were expecting a U.S. Department of Agriculture (USDA) report on Friday to […]

By Mark Weinraub

Klassen: Feeder cattle market volatility continues

Dec. 16, 2020 at 9:03 am CST

Compared to last week, western Canadian feeder cattle markets traded $3 lower to $3 higher. Prices were generally steady to $3 higher on Friday after the U.S. Department of Agriculture lowered its estimate for second-quarter beef production by 125 million lbs. in Thursday’s world agricultural supply and demand estimates (WASDE). […]

By Jerry Klassen

U.S. livestock: Hog futures rally on technical buying

Dec. 15, 2020 at 7:20 pm CST

Chicago | Reuters — U.S. lean hog futures rose slightly on Tuesday on follow-through buying from a rally on Monday, traders said. Cattle futures eased, pressured by recent weakness in the cash markets as well as some technical sales. Chicago Mercantile Exchange (CME) February lean hogs rose 0.775 cent to […]

By Mark Weinraub