Insights and Stories on Margins

Nov. 23, 2020 at 9:49 pm CST

Compared to last week, western Canadian yearling prices were unchanged; however, calves weighing 550 to 800 lbs. traded $3-$5 lower. The market for calves under 550 lbs. traded $5 lower to $3 higher. Early in the week, prices were showing some strength in the lighter weight categories but buying enthusiasm […]

By Jerry Klassen

Sep. 15, 2020 at 6:53 pm CDT

Chicago | Reuters — U.S. livestock futures had a mixed performance on Tuesday, as the supply of cattle being offered for sale continued to shrink and traders wrestled with uncertainty over pork export demand. An additional five cases of African swine fever (ASF) were initially found in dead wild boars […]

By P.J. Huffstutter

Aug. 19, 2020 at 5:58 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Wednesday as boxed beef prices offered support ahead of the upcoming holiday weekend, traders said. “It’s the main week for retailers to lock up their Labour Day supplies. That’s kept a floor under the cash market,” said Alan […]

By Christopher Walljasper

Aug. 18, 2020 at 4:15 am CDT

Compared to last week, western Canadian yearlings fresh off grass traded steady to $2 higher; backgrounded yearlings were relatively unchanged. The calf market was too thin to quote. Major feedlot operators set the price structure and were once again very aggressive. While many feedlots are backed up with market-ready supplies […]

By Jerry Klassen

Jul. 7, 2020 at 10:35 am CDT

Western Canadian feeder cattle prices continue to trade in a sideways pattern. Compared to last week, prices were quoted $2-$3 on either side of unchanged. Most auction barns were on holidays last week and arenas that did hold sales experienced limited volumes. Therefore, the market was hard to define. U.S. […]

By Jerry Klassen