Insights and Stories on Cattle

Klassen: Yearlings hold value while calves remain under pressure

Aug. 10, 2021 at 9:44 am CDT

Compared to last week, Western Canadian yearling prices were relatively unchanged while calves were once again $2 to $4 lower. Featherlight bawlers were down $4 to as much as $8 from week-ago levels. The tight feed grain supply situation continues to set the price structure for feeder cattle. Yearlings straight […]

Klassen: Drought conditions spur on fall cattle run

Aug. 3, 2021 at 9:01 am CDT

By Jerry Klassen

Klassen: Feed barley rally pressures feeder cattle market

Jul. 27, 2021 at 10:13 am CDT

By Jerry Klassen

U.S. livestock: Cattle futures gain

Jul. 23, 2021 at 5:35 pm CDT

By Reuters

U.S. livestock: Live cattle up on export demand

Jul. 22, 2021 at 6:35 pm CDT

By Reuters

U.S. livestock: CME cattle, hog contracts end firm

Jul. 21, 2021 at 5:29 pm CDT

Chicago | Reuters — CME cattle and hog futures rose on Wednesday, supported by concerns about near-term supplies, traders said. Analysts were expecting a U.S. Agriculture Department report on Friday to show that the number of cattle on feed as of July 1 was 99 per cent of the year-earlier […]

By Reuters

‘Time is ticking’ on drought response for beef cattle sector

Jul. 20, 2021 at 6:55 pm CDT

As Canada’s beef farmers and ranchers face drought, industry leaders are trying to find ways to secure feed and help those forced to sell rebuild their herds. B.C. ranchers are dealing with high temperatures that have “parched the grass that was there,” Kevin Boone, general manager of B.C. Cattlemen’s Association, […]

By Lisa Guenther

U.S. livestock: CME lean hogs firm on strong pork demand

Jul. 20, 2021 at 4:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained on Tuesday on short-covering and continued firmness in the wholesale pork market, traders said. “August seems like its anchored by what’s going on in the cutout,” said Altin Kalo, economist at Steiner Consulting Group. “They’ve been surprised by the […]

By Christopher Walljasper

Klassen: Feeder market stays firm

Jul. 20, 2021 at 2:03 am CDT

Compared to last week, western Canadian prices for yearlings weighing 800 lbs. and over were unchanged; however, calves and yearlings in the 600- to 800-lb. category traded steady to $3 higher. The calf market was hard to define due to small groups of various quality. Strength in deferred live cattle […]

By Jerry Klassen

U.S. livestock: CME feeder cattle firm on tighter supplies

Jul. 19, 2021 at 6:37 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures climbed on Monday, as supplies tightened in the northern U.S. Plains, traders said. “You’ve got a lot of empty yards,” said Scott Varilek, broker at Kooima Kooima Varilek Trading Inc. “We don’t have a lot of large supplies, large runs. […]

By Christopher Walljasper