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Tag Archives cattle markets

Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market remains sluggish

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Reading Time: 2 minutes Western Canadian feeder cattle prices traded $3 to as much as $10 below week ago levels due to deteriorating feedlot margins and building beef supplies. Once again the bulk of the pressure was on the heavier weight categories as the deferred live cattle futures made fresh contract lows. Alberta packers showed limited interest in fed […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder market remains in summer doldrums

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Reading Time: 2 minutes Western Canadian feeder cattle prices were quite variable over the past week. Cattle weighing over 700 lbs. were under pressure while calves appeared to trade steady with week-ago levels. The Calgary Stampede period is one week that cattle men and women don’t worry about markets and just enjoy the celebration of fine culture. Small groups […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market experiences thin trade

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Reading Time: 2 minutes Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Many auction barns are in holiday mode and the shortened holiday week further shrunk market activity. In any case, feedlot operations on both sides of the border are focused on selling fed cattle and assessing current financial damage rather than bringing in replacements. The […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Large beef supplies weigh on feeder market

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Reading Time: 2 minutes Western Canadian feeder cattle prices experienced a week-over-week decline of $8-$12 on average while isolated sales dropped nearly $20. The sharp fall in the fed cattle market was the main reason for the deteriorating buying interest. Just when feedlots thought the worst was over, the market gave them another dose of reality. The retail market […] Read more
(USDA.gov via Flickr)
Beef Cattle, Livestock, Markets, Reuters

Big U.S. cattle placements in May point to more meat in Q3

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Reading Time: 2 minutes Chicago | Reuters — Cattle placed in U.S. feedlots for fattening surged by 10 per cent in May, the U.S. Department of Agriculture said on Friday in data that suggested beef supplies will be ample and prices potentially lower in the third quarter of 2016. However, analysts polled by Reuters predicted the spike in placements. […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market well supported

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Reading Time: 2 minutes Western Canadian feeder cattle prices were generally steady with week-ago levels as volumes continue to decline into the summer months. The quality of cattle coming on the market this time of year is quite variable. Background operations are liquidating their final volumes and feeders over 800 lbs. set the market structure. Larger-frame mixed steers averaging […] Read more
(CMEGroup.com)
Beef Cattle, Livestock, Markets, Reuters

U.S. watchdog to review cattle pricing, high-speed trading

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Reading Time: < 1 minute Chicago | Reuters — A U.S. watchdog agency will launch a review of cattle pricing, including the impact of high-frequency trading on futures, after ranchers complained about a sharp price drop last year. The U.S. Government Accountability Office (GAO) has accepted a request from the Senate judiciary committee to study the reasons for the decline, […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Improving margins support feeder market

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Reading Time: 2 minutes Average western Canadian feeder cattle prices were $3-$5 above week-ago levels, with top-quality larger groups trading as much as $8-$10 higher. While current pen closeouts remain underwater, the deferred positions are somewhat brighter, which has rejuvenated buying enthusiasm. Most risk management strategies rely on cattle feeders staying in the game all year. There appears to […] Read more
VIDEO: What cattle buyers want
Cow-Calf, Livestock

VIDEO: What cattle buyers want

There's more than one way to sell a calf these days

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Reading Time: < 1 minute Country Guide reporter Lisa Guenther caught up with Sean McGrath of Round Rock Ranching to find out how he and his family sell their calves. The McGrath family ranch south of Vermilion, Alta, and they’ve sold into a variety of beef programs. In this video interview, McGrath talks about what those buyers are looking for.

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