Insights and Stories on Cattle

Klassen: Feeder cattle market grinds lower

Oct. 26, 2021 at 8:58 am CDT

Compared to last week, western Canadian yearling markets were down $2-$5 while calves dropped by $3 to as much as $8. We’re now seeing some medium-quality calves weighing around 550 lbs. sell under the psychological $200 level in central Alberta. The market is lacking demand. Feedlot inventories are running 33 […]

U.S. livestock: CME live cattle falls as cash market idles

Oct. 22, 2021 at 6:47 pm CDT

By Christopher Walljasper

U.S. livestock: CME lean hogs fall on sluggish export sales

Oct. 21, 2021 at 7:17 pm CDT

By Christopher Walljasper

U.S. livestock: CME lean hogs down on technical selling, export worries

Oct. 20, 2021 at 7:40 pm CDT

By Julie Ingwersen

U.S. livestock: CME live cattle down on technical selling, uncertain demand

Oct. 19, 2021 at 7:27 pm CDT

By Julie Ingwersen

Klassen: Feeder market reflects softer sentiment

Oct. 19, 2021 at 8:46 am CDT

Compared to last week, western Canadian yearling markets traded $2-$4 lower; calves over 700 lbs. appeared to hold value; calves weighing less than 700 lbs. were down $3 to as much as $5. The yearling run is basically finished. Ontario buying interest was supportive in the eastern Prairie regions due […]

By Jerry Klassen

U.S. livestock: CME live cattle retreat from one-month high

Oct. 18, 2021 at 7:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, hit by profit-taking and technical selling after the benchmark December contract hit a one-month high on Friday, traders said. A stronger close in corn futures pressured feeder cattle futures. CME December live cattle futures settled down […]

By Julie Ingwersen

U.S. livestock: CME cattle futures mixed

Oct. 15, 2021 at 4:52 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures fell on Friday, pressured by rising corn prices, while live cattle futures inched up as traders anticipated seeing the cash trade improve, traders said. Meanwhile, lean hog futures rose on short-covering ahead of the weekend. The cattle market has been […]

By P.J. Huffstutter

Hay-starved Prairies fertile ground for online scammers

Oct. 14, 2021 at 7:35 pm CDT

High demand, scarce supplies and rising prices for hay and other feeds due to this summer’s drought on the Prairies have made a market for online scammers, RCMP warn. The urgency driving such transactions may cause ranchers, farmers and farm workers to make purchases “without taking time to properly verify […]

By Dave Bedard

U.S. livestock: Chicago cattle firm on export demand

Oct. 14, 2021 at 5:25 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures firmed on Thursday, as relatively steady cash cattle prices offset higher feed costs weighing on the feeder market, traders said. Meanwhile, lean hog futures continued to slide on a seasonal trend of robust supplies, even as hog slaughter […]

By P.J. Huffstutter