Reading Time: < 1 minute Live and feeder cattle futures on the Chicago Mercantile Exchange were stronger Wednesday, as rising beef prices underpinned the markets.
U.S. livestock: Cattle futures boosted by strong beef prices
Klassen: Stronger fed market to pull up feeder complex
Reading Time: 2 minutes The Alberta fed cattle market was quoted on a live basis in the range of range of $262-$265/cwt fob feedlot last week. Fed cattle forward contracts for March and April delivery (Alberta) were quoted from $270 to $272/cwt. Compared to last week of November 2024, fed prices are up $20/cwt on average.
Klassen: Feeder market has many factors to digest in 2025
Reading Time: 2 minutes For the week ending December 28, there were no feeder cattle sales in Western Canada; however, that didn’t stop cattle producers from emailing or calling me over the holidays inquiring about market direction. I thought it would be an opportune time to discuss a couple factors that will influence the market direction over the next couple of months.
$7.9 million cattle research project aims to find rumen efficiencies
Cross-Canada project to reduce methane production will be led by UBC researcher
Reading Time: 2 minutes A pan-Canadian research project will try to understand more about how methane is generated in the rumen of beef and dairy cattle.
Saskatchewan cow tests positive for bovine tuberculosis
Reading Time: < 1 minute A cow raised in Saskatchewan has tested positive for bovine tuberculosis the Canadian Food Inspection Agency (CFIA) announced late Tuesday.
U.S. livestock: Cattle futures bounce on tight supplies, firm cash markets
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures rebounded on Tuesday from prior-session declines, continuing a recent climb sparked by tight cattle supplies and firm cash market prices. Recent strength in wholesale beef prices also encouraged continued buying despite a seasonal tendency for the market to decline after the Thanksgiving holiday […] Read more
U.S. livestock: Feeder cattle drop on profit taking after 10-session rally
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures retreated in a profit-taking setback on Monday after a ten-session rally that took prices to five-month peaks, while live cattle futures followed feeders lower. Monday’s cattle declines came after managed funds had bolstered their long holdings in both markets over recent weeks, encouraged by tight […] Read more
U.S. livestock: CME cattle futures rise on cash trade, positioning ahead of USDA report
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Friday as cash market trading gathered steam at firm prices, according to analysts, and traders awaited the results of the U.S. Department of Agriculture’s Cattle on Feed report, which the agency released after the close. Feeder cattle gained for a sixth straight session and […] Read more
Feed Grain Weekly: Prices ‘percolating sideways’
Transportation issues push up barley prices
Reading Time: < 1 minute As winter conditions descended on Alberta, prices for feed grains bumped up a little, but were otherwise "percolating sideways," stated Jim Beusekom of Market Place Commodities in Lethbridge.
Klassen: Feeder market climbs another step
Reading Time: 2 minutes For the week ending November 16, Western Canadian calves over 650 pounds were up $3-$6/cwt compared to seven days earlier. Calves under 650 pounds traded $4/cwt to as much as $10/cwt higher.
A message from April Stewart, Country Guide's Associate Editor
