Insights and Stories on Beef

Klassen: Deferred live cattle futures pull feeder market higher

Mar. 8, 2021 at 9:33 pm CST

Compared to last week, western Canadian yearling markets traded $5 lower to $3 higher while calves under 600 lbs. were $2 to as much as $7 higher. Yearlings were somewhat sluggish in the eastern Prairie regions, as feedlot operators in Alberta focused on local cattle. Fleshier backgrounded cattle are coming […]

U.S. livestock: Cattle, hogs firm as U.S. stimulus plan fuels optimism

Mar. 8, 2021 at 7:23 pm CST

By Julie Ingwersen

U.S. livestock: Hog futures take a breather

Mar. 5, 2021 at 7:09 pm CST

By Tom Polansek

U.S. livestock: Pork export sales rise, profit-taking hits hog futures

Mar. 4, 2021 at 6:49 pm CST

By Tom Polansek

U.S. livestock: Lean hogs up on new swine fever outbreak in China

Mar. 3, 2021 at 6:37 pm CST

By Tom Polansek

U.S. livestock: Lean hogs down off recent gains

Mar. 2, 2021 at 7:12 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped 2.7 per cent on Tuesday as the market retreated from recent surges. Profit-taking has weighed on prices since most-active April hog futures reached a life-of-contract high on Thursday. Still, traders said robust Chinese demand for pork imports is underpinning […]

By Tom Polansek

Klassen: Steady demand supports feeder cattle prices

Mar. 2, 2021 at 11:50 am CST

Compared to last week, western Canadian yearling prices were unchanged while calves were steady to $2 higher on average. Auction barns received larger supplies of backgrounded cattle and there was a fair amount of direct trade of yearlings off farm. Larger supplies of heavier-weight feeders appeared to limit the upside […]

By Jerry Klassen

U.S. livestock: Live cattle hit five-week low

Mar. 1, 2021 at 6:19 pm CST

Chicago | Reuters — Technical selling on Monday drove Chicago Mercantile Exchange live cattle futures to their lowest prices in more than five weeks, while lean hog futures recovered from a sell-off. The cattle market’s losses brought the most-active April contract down six per cent from a life-of-contract high reached […]

By Tom Polansek

Beef cattle sector weighs in for federal food processing study

Feb. 28, 2021 at 12:28 am CST

The House of Commons’ standing committee on agriculture will soon be wrapping up its study into Canada’s processing capacity. Since November, MPs have heard from more than 50 witnesses on the matter — including representatives from the Canadian Cattlemen’s Association, whose president Bob Lowe and executive vice-president Dennis Laycraft testified […]

By D.C. Fraser

U.S. livestock: Hog futures drop on end-of-month profit taking

Feb. 26, 2021 at 4:20 pm CST

Chicago | Reuters — U.S. hog futures dropped 2.9 per cent on Friday, with traders locking in profits from the rally on the last session of February. The loss, which pulled the market from the nearly two-year high hit on Thursday, was the biggest for hogs in percentage terms since […]

By Mark Weinraub