Insights and Stories on Cattle Prices

Klassen: Feedlots curb buying interest

Nov. 16, 2015 at 7:42 pm CST

Despair is the price one pays for setting an impossible aim. Given the phone calls over the past week, producers have been expecting something the market cannot offer. Western Canadian feeder cattle prices were under severe pressure, with 700-plus-pound cattle down $8-$12 from seven days earlier; calves under 700 lbs. […]

Klassen: Quality calves support feeder market

Nov. 9, 2015 at 7:37 pm CST

By Jerry Klassen

Klassen: Feeder market stronger but volatile

Nov. 3, 2015 at 6:00 am CST

By Jerry Klassen

Klassen: Live cattle futures lead feeder market higher

Oct. 28, 2015 at 2:15 pm CDT

By Jerry Klassen

Klassen: Feeder cattle prices stabilize

Oct. 19, 2015 at 7:54 pm CDT

By Jerry Klassen

Cattle futures recover, but aren’t about to jump over the moon

Oct. 19, 2015 at 7:25 pm CDT

CNS Canada — Cattle markets have seen recovery after taking a nosedive in earlier sessions, but prices likely won’t revisit summer highs, according to one analyst. After hammering sharply lower, Chicago Mercantile Exchange live cattle futures saw recovery on Friday, and extended gains into Monday. As of 2 p.m. CT […]

By Jade Markus

U.S. livestock: CME live cattle limit up on strong cash prices

Oct. 16, 2015 at 5:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed sharply on Friday, with October settling up the three cents per pound daily price limit, ignited by short-covering after initial cash prices beat expectations. Spot October closed at 135.95 cents/lb. and December rose 2.875 cents, to 139.425 (all figures […]

By Theopolis Waters

PM Beef to shut Minnesota plant, cites tight cattle supply

Oct. 13, 2015 at 5:47 pm CDT

Reuters — PM Beef will close its southwestern Minnesota beef processing plant on Dec. 11, due to tight cattle supplies, the company said Tuesday. The company announced the Windom plant’s closure to employees and owners during meetings Monday, according to local media. Prices for slaughter cattle last year hit record […]

By Theopolis Waters

Klassen: Feeder cattle market remains under pressure

Sep. 28, 2015 at 7:23 pm CDT

Western Canadian feeder cattle prices traded $3 to $7 lower in comparison to week-ago levels as the market continues to digest the weaker fed market and softer wholesale beef values. Feedlot operators were more cautious, realizing the current prices don’t pencil profitably, while the deferred live cattle futures dropped like […]

By Jerry Klassen

Klassen: Narrow margins weigh on feeder market

Sep. 24, 2015 at 9:22 am CDT

Western Canadian feeder cattle prices were under pressure the week ending Sept. 19, trading $5 to as much as $10 lower compared to seven days earlier. Negative feeding margins along with a major selloff in live cattle futures destroyed the buying enthusiasm that was evident earlier in August. Feedlot operators […]

By Jerry Klassen

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