Canada’s beef sector hopes to see knowledge advances in a variety of topics from the newest funding round announced by the Beef Cattle Research Council. PHOTO: MIRANDA LEYBOURNE

U.S. livestock: Cattle futures, beef boxes recover some losses

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Cattle contracts on the Chicago Mercantile Exchange made small gains on Friday, providing little relief at the end of a tough week. The August live cattle contract gained US$0.900 per hundredweight to close at US$206.750. Meanwhile, August feeder cattle saw an increase of US$1.775/cwt. to end the day at US$297.600. […] 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.