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U.S. livestock: Record highs in cattle futures

Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange continued to set new records on Tuesday, as improving packer margins, strong demand and chart-based buying provided support. August feeder cattle futures were up by 5.400 cents per pound at 319.125 cents per pound. The August live cattle contract gained 4.075 cents per pound at 219.975 cents at […] Read more






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Klassen: Feeding margin uncertainty weighs on feeder cattle market

Reading Time: 2 minutes For the week ending May 31, Western Canadian feeder cattle markets traded steady to as much as $10 lower on average. Dryer grass conditions in certain regions of Manitoba and central and northern Saskatchewan may have contributed to the softer tone at certain locations. Many feedlot operators continue to sit on their hands for the […] Read more



Photo: Geralyn Wichers

Klassen: Feedlot operators become cautious on purchases

Reading Time: 2 minutes For the week ending May 10, Western Canadian feeder cattle markets traded steady to $5 higher on average. Quality packages of lighter calves were priced $10-$15 above week ago levels. Many auction barns are only holding sales every two or three weeks at this time of year with limited numbers on offer. This made the market hard to define in certain weight categories.