Insights and Stories on Beef

Klassen: Western Canadian feeder market demand remains firm

Sep. 24, 2024 at 12:53 pm CDT

Ontario buying interest was evident in Manitoba yearling markets. U.S. buyers were more interested in lighter calves and were shopping for pre-conditioned groups of sizeable volume. Certain finishing operators in Alberta were more aggressive on grass yearlings after waiting for lower prices earlier in the season.

U.S. livestock: Cattle futures strengthen on healthy US export demand, positioning

Sep. 19, 2024 at 4:52 pm CDT

By Renee Hickman Reuters

U.S. livestock: Hog futures up slightly on firm demand, weaker dollar

Sep. 18, 2024 at 4:42 pm CDT

By Heather Schlitz Reuters

U.S. livestock: Cattle futures rise on strong stock market, retail sales

Sep. 17, 2024 at 4:58 pm CDT

By Heather Schlitz Reuters

Beef cow, replacement heifer numbers suggest producers aren’t ready to grow herds: FCC

Sep. 17, 2024 at 11:34 am CDT

By Geralyn Wichers

Klassen: Discounts start to appear in the feeder market

Sep. 17, 2024 at 9:34 am CDT

For the week ending September 14, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. However, yearling quality has become quite variable resulting in a diverse price structure.

By Jerry Klassen

Canadian cattle in a feedlot with a cowboy in the background.

U.S. livestock: Live cattle futures slip on waning consumer demand

Sep. 16, 2024 at 5:43 pm CDT

Chicago Mercantile Exchange live and feeder cattle futures slipped on Monday as boxed beef prices retreated and consumer demand fell, traders said.

By Heather Schlitz

U.S. livestock: Profit-taking pushes down CME cattle futures after gains

Sep. 13, 2024 at 5:34 pm CDT

Traders booked profits ahead of the weekend, after the markets previously found support from gains in equities and improved processor margins that should boost demand for slaughter-ready cattle. Beef processors were earning $54.30 for each head of cattle they slaughtered, after losing money on each animal just a month ago, HedgersEdge.com data shows.

By Reuters Tom Polansek

U.S. livestock: Live cattle futures end lower in consolidation

Sep. 10, 2024 at 6:11 pm CDT

Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, consolidating after Monday's bounce, while feeder cattle futures firmed as corn prices declined, signaling cheaper feed costs.

By Julie Ingwersen Reuters

Klassen: Feeder cattle markets in price discovery mode

Sep. 10, 2024 at 9:20 am CDT

For the week ending September 7, Western Canadian yearling markets traded steady to $5/cwt higher in Alberta but steady to $6/cwt lower in Saskatchewan and Manitoba compared to seven days earlier. Major feedlots in Alberta appear to be focusing on local cattle. The calf market is in price discovery mode with prices quoted $10/cwt higher to $10/cwt lower.