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Photo: Geralyn Wichers

Klassen: Beef demand uncertainty weighs on feeder market

Reading Time: 2 minutes For the week ending November 15, Western Canadian feeder cattle markets traded $8-$10/cwt below values from seven days earlier. The cash market held value early in the week as the feeder cattle futures experienced a fortuitous bounce. However, weaker feedlot margins and longer term uncertainty regarding beef demand resulted in a softer tone in the […] Read more


PHOTO: FILE

U.S. livestock: Cattle futures rebound after tariff reduction news

Reading Time: < 1 minute Chicago cattle futures opened lower before rebounding to close up on Monday. Lean hog futures settled on either side of unchanged. “Friday’s announcement on tariff reductions towards Brazil was seemingly blown out of proportion,” wrote analyst Christopher B. Swift. “I could not understand why such a lower opening on a 10 per cent reduction of […] Read more

Photo: Geralyn Wichers

U.S. livestock: Cattle, hog futures rise on first WASDE since September

Reading Time: < 1 minute Chicago cattle and hog futures made modest gains on Friday after the USDA released its first World Agricultural Supply and Demand Estimates (WASDE) since the the U.S. government shut down on October 1. Most-active February live cattle futures rose by 0.575 cents to close at 219.525 cents a pound. December contracts settled at 219.150 cents […] Read more





Photo: Geralyn Wichers

Klassen: Weaker fed market weighs on feeder cattle prices

Reading Time: 2 minutes For the week ending November 8, Western Canadian feeder cattle markets traded $10-$20/cwt below values from seven days earlier. Some packages weighing from 600 to 850 pounds were down as much as $30 from week-ago levels. The April live cattle futures fell $10/cwt over the course of the week while Alberta barley prices gained $5-$8/cwt. […] Read more

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U.S. livestock: Hogs rebound, cattle hit upward limits

Reading Time: < 1 minute Chicago hog futures rallied on Monday after a long slide. Cattle futures also jumped with all feeder contracts hitting upward limits. Most-active December lean hog contracts closed at 82.775 cents a pound, up 3.375 cents. February futures settled at 82.825 cents per pound, up 3.475 cents. Pork carcass cutout value ended the afternoon at $100.22 […] Read more



 Photo: Canada Beef

U.S. livestock: Cattle, hogs end week on high note

Reading Time: < 1 minute Cattle contracts and nearby hog futures ended the week on a high note after a week rife with losses. Most-traded December lean hog futures closed at 79.400 cents a pound, up 0.425 cents. February contracts lost 0.475 cents to settle at 79.350 cents per pound. The USDA reported pork carcass cutout value at $98.98 per […] Read more