(Photo courtesy Canada Beef Inc.)

U.S. livestock: Fallen cash prices rattle CME live cattle

Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures suffered their fourth straight day of losses on Wednesday after digesting sharply lower preliminary prices for market-ready (cash) cattle, traders said. Spot-August futures closed down 1.95 cents/lb. to 145.25 cents, and October 2.25 cents lower at 145.15 cents (all figures US$). Earlier on Wednesday, a […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market tenacious

Reading Time: 2 minutes Western Canadian feeder cattle prices appeared to shrug off all negative economic news and divorce from the fed cattle complex this past week. Volumes were once again quite thin, characterized by varying quality. Feedlot operators were active on all fronts, especially in southern Alberta where the barley harvest is in full swing. Heavier yearlings on […] Read more


(TysonFoods.com)

Tyson cuts beef production due to cattle shortage

Reading Time: 2 minutes Reuters — Tyson Foods on Friday said it is permanently ceasing beef production at its plant in Denison, Iowa, effective immediately, as cattle ranchers work to rebuild shrunken herds following the severe Midwestern drought. The move by Tyson, the biggest U.S. meat processor, will affect 400 employees at the plant, which will continue byproduct rendering […] Read more

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Klassen: Softer fed cattle market weighs on feeder prices

Reading Time: 2 minutes Western Canadian feeder cattle traded at similar levels to seven days earlier on very light volumes and little buying interest. Most auction barns were closed and cattle buyers are on holidays, so drawing market information is like the young cowboy at the high school dance — his mind is anywhere but on the markets. Limited […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market consolidates

Reading Time: 2 minutes Western Canadian feeder cattle markets continue to consolidate at the higher levels. Most auction markets were closed due to the Canada Day holiday, so all eyes were on focused south of the border for market sentiment. Average U.S. feeder prices were steady to $3 lower at major sales in Oklahoma and Missouri as the U.S. […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Lower grain production weighing on feeder market

Reading Time: 2 minutes Western Canadian feeder cattle prices experienced a mixed tone over the past week, with auction markets reporting prices $3 lower to $3 higher in comparison to seven days earlier. The Prairie region continues to experience above-average temperatures causing significant deterioration to pasture and crops in Alberta and western Saskatchewan. Certain auction markets experienced slightly larger […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market experiences softer tone

Reading Time: 2 minutes Western Canadian feeder cattle prices experienced a soft tone this past week on very light volumes. It’s that time of year where producers market the “stragglers,” or late bloomers, that were not up to standard earlier in spring. Therefore, the market was difficult to define but the overall sentiment felt malleable with various-quality cattle on […] Read more


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Fewer cattle placed in U.S. feedlots in May than anticipated

Reading Time: 2 minutes Chicago | Reuters –– The number of cattle placed in U.S. feedlots last month was lower than anticipated, a government report showed on Friday, reflecting healthy pastures that allowed ranchers to grow livestock longer outside of feedyards, said analysts. Producers retained more heifers to help restore the U.S. cattle herd, now at its third lowest […] Read more

(Canada Beef Inc. photo)

Klassen: Drier conditions soften feeder market

Reading Time: 2 minutes Alberta and Saskatchewan feeder cattle prices were $2 to $5 lower on average last week due to rising barley prices and deteriorating pasture conditions. All weight categories were under pressure, with sharper slippage on shorter-keep replacements. Alberta packers were buying fed cattle in the range of $202 to $204, but rising feed grain prices caused […] Read more