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
U.S. livestock: Record highs in cattle futures
Klassen: Feeder market may have overextended to the upside
Reading Time: 2 minutes For the week ending July 4, there were no feeder cattle sales in Western Canada due to holidays on July 1 and July 4. Major auction markets in the U.S. were also closed or had limited numbers on offer. Prices quoted from south of the border were steady to $4 higher on average but the market was hard to define.
Klassen: Feeder market eyes deferred delivery prices
Reading Time: 2 minutes For the week ending June 28, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. Volumes moving through the ring were limited and the quality was quite variable.
Klassen: Feeder market rally stalls on softer fed cattle market
Reading Time: 2 minutes For the week ending June 21, Western Canadian feeder cattle prices were unchanged to $10 lower on average compared to seven days earlier. However, prices for August and September delivery were unchanged from the previous week.
Government of Canada announces an increase to maximum compensation for depopulated cattle
Reading Time: < 1 minute The Government of Canada announced an increase to the maximum value for cattle under its animal compensation regulations. This compensation will reflect the current market value.
Bovine tuberculosis found in Manitoba
A dairy farm in south-central Manitoba has been declared infected with bovine tuberculosis, the province’s first bovine TB case in years
Reading Time: 2 minutes A dairy farm in south-central Manitoba has been declared infected with bovine tuberculosis after samples from a cow tested positive for the bacterial disease. It's the province's first bovine TB case in years.
Klassen: Feeder market follows wholesale beef higher
Reading Time: 2 minutes For the week ending June 13, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. Steady demand underpinned a week of lower auction market volumes.
Six agriculture leaders named Canadian Agricultural Hall of Fame
The six 2025 Canadian Agricultural Hall of Fame inductees range from long-serving farm policy makers to researchers and business leaders
Reading Time: 2 minutes The six 2025 Canadian Agricultural Hall of Fame inductees range from long-serving farm policy makers to researchers, agriculture advocates and food business leaders.
Klassen: Stronger fed cattle markets lifts feeder complex
Reading Time: 2 minutes For the week ending June 7, Western Canadian feeder cattle markets traded steady to as much as $15/cwt higher in some cases. Larger packages of quality replacements over 900 pounds were up $10-$15/cwt from prices seven days earlier.
Prairie forecast: Mostly warm and dry weather expected
Forecast issued May 28, covering May 28 to June 4, 2025
Reading Time: 3 minutes We start off with high pressure dominating most of the Prairies. A large surface high is sitting over the north-central U.S. This is beginning to tap into more heat and moisture, which will allow for warmer daytime highs and nighttime lows as dewpoints creep up.