Reading Time: 3 minutes The Canadian Cattle Association (CCA) says the Chinese market will re-open to Canadian beef — though details are still scant.
Canadian beef could be headed to China by next week says Agriculture Minister
Klassen: Feeder market near historical highs
Reading Time: 2 minutes For the week ending January 17, Western Canadian feeder cattle markets traded $5/cwt lower to $10/cwt higher compared to the week ending January 10. The market was quite variable across the Prairies with weather conditions influencing the price structure. Overall, there was very strong demand with Ontario and Southern Alberta feedlots aggressively working to secure […] Read more
U.S. livestock: Cattle futures drop Friday
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange fell from nearby highs Friday, with profit-taking to end the week weighing on values. U.S. markets will be closed Monday for Martin Luther King Jr. Day.
Klassen: Feeder market poised to strengthen
Reading Time: 2 minutes There were no feeder cattle sales in Western Canada for the week ending January 3. However, there were some sales in the U.S. and the Canadian markets will follow suit once activity returns to normal. For example, at the Ozarks Regional Stockyards in West Plains, Missouri, weaned and vaccinated steers and heifers over 750 pounds […] Read more
Klassen: Feedlot margins will determine feeder prices
Reading Time: 2 minutes There were no Western Canadian feeder cattle sales for week ending December 27. The shortened holiday week is always a time for cattle producers to call in and discuss factors that will influence the feeder market over the next couple months. In the short-term, finishing feedlot margins are the main factor driving the feeder market. […] Read more
U.S. livestock: Cattle mostly lower Monday
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were mostly lower Monday, seeing a modest correction to start the week after rising in early December. The February live cattle contract lost 0.475 cents per pound at 226.675 cents. Feeder cattle were down 2.875 cents in the March contract at 330.425 cents per pound. An estimated 600,000 […] Read more
U.S. livestock: Cattle extend gains on improving cash prices, packer demand
Reading Time: 2 minutes Reuters — Chicago Mercantile Exchange live cattle futures set a three-week high and feeder cattle hit their highest level in five weeks on Friday as cash prices rose and demand improved from meatpackers, brokers said. The markets advanced for the fourth consecutive session as prices recovered from a steep slide that began in October after […] Read more
Feed Grain Weekly: Prices levelling as demand wanes
Reading Time: < 1 minute Soft demand has feed grain prices levelling off, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge, Alta.
U.S. livestock: Cattle strengthen Tuesday
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, with cold temperatures hitting the northern U.S. Plains and Corn Belt lending some support to the futures. The February live cattle contract gained 4.875 cents per pound at 220.005 cents. Feeder cattle were up 8.800 cents in the January contract at 329.875 cents per […] Read more
U.S. livestock: Cattle futures turn lower
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were weaker on Monday, ending a corrective bounce off nearby lows as high beef prices are said to be limiting consumer demand. The February live cattle contract lost 1.925 cents per pound at 215.925 cents. Feeder cattle were down 2.900 cents in the January contract at 321.075 cents […] Read more
A message from April Stewart, Country Guide's Associate Editor
