Beef Cattle, Agriculture News & Resources

Beef Cattle, Livestock, Markets, Reuters

Japan opens doors to full access of U.S. beef imports

By Reuters May 17, 2019

Washington | Reuters — Japan has agreed to eliminate its long-held restrictions on U.S. beef imports, opening full access to U.S. cattle products after more than 15 years, the head of the U.S. Department of Agriculture said in a statement on Friday. “The new terms, which take effect immediately, allow U.S. products from all cattle, […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market continues to soften

By Jerry Klassen May 13, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 lower on average with some auctions down $5 to as much as $8. Alberta packers were buying fed cattle on a dressed basis at $258 delivered, down $15 from the April highs. Feeding margins have slid into negative territory quite rapidly and could be […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle rally loses steam

By Jerry Klassen May 6, 2019

Compared to last week, western Canadian yearlings traded $2-$5 lower while calves were solidly $3 to as much as $8 lower. There’s a limit how far the cash trade can divorce from the futures market. November feeder cattle futures have dropped $12 from contract highs and there is no sign that this slide is over; […] Read more

Finishers, Livestock, Markets

Klassen: Cash feeder market shrugs off lower futures

By Jerry Klassen April 29, 2019

This past week, Alberta packers were buying fed cattle in the range of $270-$274 on a dressed basis, up $2-$4 from seven days earlier. Strength in the fed cattle market spilt over into the feeder complex as feeding margins moved into positive territory for the first time this year. Compared to last week, western Canadian […] Read more

Beef Cattle, Livestock, Markets, Reuters

Walmart creating own Angus beef supply chain

By Tom Polansek April 24, 2019

Reuters — Walmart Inc. is taking control of the supply chain for Angus beef sold in some of its stores, cutting out meat processors as the company looks to offer higher quality products in an intensely competitive grocery industry. The world’s largest retailer said Wednesday the move would allow it to ensure supplies of quality […] Read more

Beef Cattle, Livestock, Markets, Reuters

R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

By jonathan-stempel April 23, 2019

Reuters — Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels. Tyson Foods, Cargill, the JBS USA unit of Brazil’s JBS and National Beef Packing […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market remains volatile

By Jerry Klassen April 23, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 on either side of unchanged. Many auction barns were closed last week and the ones holding sales had smaller numbers. Quality packages of yearlings were on the higher end of the range while smaller groups of fleshier replacements were discounted. Alberta feedlots were focusing […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hog futures lower, live cattle follow suit

By Julie Ingwersen April 22, 2019

Chicago | Reuters – U.S. hog futures declined on Monday on a mix of softer cash hog prices and technical selling after a run-up to contract highs earlier this month, traders said. Chicago Mercantile Exchange live cattle futures followed hogs lower. The benchmark June lean hogs contract fell roughly 3 percent, settling down 2.975 cents at 93.775 […] Read more

Finishers, Livestock, Markets

Klassen: Alberta demand drives feeder market higher

By Jerry Klassen April 16, 2019

Compared to last week, western Canadian yearling prices were $2-$4 higher while calves were relatively unchanged. Stronger fed cattle prices in the deferred positions along with lower new-crop barley values resulted in a firmer tone. We’re in the last half of April and quality cattle will be hard to come by in 30 days; this […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market incorporates risk premium

By Jerry Klassen April 9, 2019

Fed and feeder cattle markets have incorporated a risk premium due to the uncertainty in beef production. Adverse weather has plagued much of the U.S. Midwest over the past couple of months and the six- to 10-day forecast calls for above-normal precipitation. Compared to last week, western Canadian yearling markets traded $2-$3 higher on average […] Read more

ICE weekly outlook: Weather the main factor in canola bids

U.S. livestock: CME lean hogs up on bargain buying

Pulse weekly outlook: India’s drought could be field pea opportunity

GFM Network News

ICE weekly outlook: Weather the main factor in canola bids

U.S. livestock: CME lean hogs up on bargain buying

Pulse weekly outlook: India’s drought could be field pea opportunity

Beef Cattle — page 2

Japan opens doors to full access of U.S. beef imports

Klassen: Feeder market continues to soften

Klassen: Feeder cattle rally loses steam

Klassen: Cash feeder market shrugs off lower futures

Walmart creating own Angus beef supply chain

R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

Klassen: Feeder market remains volatile

U.S. livestock: Lean hog futures lower, live cattle follow suit

Klassen: Alberta demand drives feeder market higher

Klassen: Feeder market incorporates risk premium

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