Insights and Stories on Beef

Klassen: Feeder cattle experience weather market

May. 7, 2024 at 9:19 am CDT

For the week ending May 4, Western Canadian feeder cattle prices were quite variable and the market was hard to define. Alberta and certain regions of Saskatchewan received snow, which caused the market to trade $3 to $5 lower. However, in Eastern Saskatchewan and Manitoba, feeder cattle prices were steady to $3 higher.

U.S. livestock: Cattle futures jump after US ground beef tests negative for bird flu

May. 2, 2024 at 5:49 pm CDT

By Tom Polansek

U.S. livestock: Bird-flu testing of US ground beef sinks CME cattle futures

May. 1, 2024 at 5:34 pm CDT

By Reuters Tom Polansek

U.S. livestock: Cattle sink as bird-flu beef tests fuel demand fears

Apr. 30, 2024 at 5:41 pm CDT

By Reuters Tom Polansek

Klassen: Stronger fed market underpins feeder complex

Apr. 30, 2024 at 9:24 am CDT

By Jerry Klassen

U.S. livestock: Cattle futures turn higher, hogs ease on technical trade

Apr. 25, 2024 at 6:44 pm CDT

Chicago Mercantile Exchange (CME) cattle futures turned higher on Thursday on technical trading, bouncing off the previous sessions lows in response to the U.S. government announcing plans to expand testing of dairy cows for avian influenza, market analysts said.

By P.J. Huffstutter Reuters

U.S. livestock: Cattle futures slump as US requires bird flu tests for dairy cattle

Apr. 24, 2024 at 3:29 pm CDT

Chicago Mercantile Exchange (CME) cattle futures fell sharply on Wednesday after the U.S. government announced plans to expand testing of dairy cows for avian influenza - even though the virus has not been identified in beef cattle herds, market analysts said.

By P.J. Huffstutter Reuters Tom Polansek

U.S. livestock: Lean hogs rally on pork demand outlook, rising commodities prices

Apr. 23, 2024 at 5:34 pm CDT

Chicago Mercantile Exchange (CME) lean hog futures rallied in tandem with other commodities markets on Tuesday as signs of tightening supplies and a favorable pork demand outlook supported prices, traders said.

By Karl Plume Reuters

Klassen: Feeder market recovers from weather discount

Apr. 23, 2024 at 9:34 am CDT

Compared to last week, backgrounded yearlings traded $4-$8/cwt higher on average. Calves were quite variable with prices quoted from unchanged to as much as $10 higher. Overall, there appeared to be stronger buying interest this week across all weight categories.

By Jerry Klassen

U.S. livestock: Live cattle end higher ahead of monthly USDA data

Apr. 18, 2024 at 6:08 pm CDT

Chicago Mercantile Exchange live cattle futures ended modestly higher on Thursday as traders squared positions ahead of a monthly feedlot report due on Friday from the U.S. Department of Agriculture (USDA), traders said.

By Julie Ingwersen Reuters