Insights and Stories on Beef

Klassen: Feeder market stabilizes on demand hopes

Dec. 1, 2020 at 4:53 am CST

Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier; however, market reports were quite variable depending on the region and weight category. In most cases, prices for calves under 550 lbs. were $2 to as much as $10 higher while values in the heavier weight categories […]

U.S. livestock: Lean hog futures gain on strong pork demand

Nov. 30, 2020 at 7:11 pm CST

By Christopher Walljasper

U.S. livestock: Live cattle futures trim as traders weigh weak exports

Nov. 27, 2020 at 4:26 pm CST

By Christopher Walljasper

China’s coronavirus testing chokes beef trade

Nov. 27, 2020 at 2:23 pm CST

By Dominique Patton Hallie Gu

U.S. livestock: Live cattle up on cash market optimism, beef demand

Nov. 25, 2020 at 6:29 pm CST

By Julie Ingwersen

U.S. livestock: Cattle futures follow beef prices, Dow higher

Nov. 24, 2020 at 6:10 pm CST

Chicago | Reuters — U.S. cattle futures closed higher on Tuesday for a third straight session, lifted by surging wholesale beef prices and optimism that coronavirus vaccines could trigger an economic recovery, bolstering demand for meat, traders said. Wall Street’s Dow Jones industrial average hit a record high above 30,000 […]

By Julie Ingwersen

Klassen: Feeder market incorporates risk discount

Nov. 23, 2020 at 9:49 pm CST

Compared to last week, western Canadian yearling prices were unchanged; however, calves weighing 550 to 800 lbs. traded $3-$5 lower. The market for calves under 550 lbs. traded $5 lower to $3 higher. Early in the week, prices were showing some strength in the lighter weight categories but buying enthusiasm […]

By Jerry Klassen

U.S. livestock: Live cattle futures up two per cent

Nov. 23, 2020 at 9:32 pm CST

Chicago | Reuters — U.S. cattle futures closed higher on Monday, buoyed by Friday’s supportive monthly Cattle on Feed report, rising wholesale beef prices and strength on Wall Street tied to hopes for a COVID-19 vaccine, traders said. “All of the above (suggest) optimism for the meat market,” said Jason […]

By Julie Ingwersen

U.S. livestock: Cattle, hog futures tumble on demand worries

Nov. 19, 2020 at 7:12 pm CST

Chicago | Reuters — U.S. cattle and hog futures tumbled on Thursday on worries about demand for beef and pork as soaring coronavirus infections across the country threatened more restaurant and food service closures and forced more Americans to shelter at home. Investors also fear a repeat of the livestock […]

By Karl Plume

U.S. livestock: Cattle futures retreat as COVID surge stokes demand worries

Nov. 18, 2020 at 6:04 pm CST

Chicago | Reuters — U.S. cattle futures fell on Wednesday as rising coronavirus infection rates stoked concerns about potential supply-chain disruptions and reduced demand for beef as health restrictions shutter restaurants and discourage travel. U.S. stocks dove on Wednesday as investors weighed surging COVID-19 infections and mounting shutdowns against encouraging […]

By Karl Plume