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Photo: Canada Beef

U.S. livestock: Cattle strengthen Tuesday

Cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, with cold temperatures hitting the northern U.S. Plains and Corn Belt lending some support to the futures. The February live cattle contract gained 4.875 cents per pound at 220.005 cents. Feeder cattle were up 8.800 cents in the January contract at 329.875 cents per



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Klassen: Feeder market has volatile week

For the week ending November 29, Western Canadian feeder cattle markets traded $10/cwt higher to 10/cwt lower compared to seven days earlier. Markets were hard to define given the volatility and emotional behavior. Certain larger operations were extremely aggressive securing ownership across Western Canada while Ontario demand was more prevalent late in the week. Alberta

Black cattle at a western Canadian feedlot.

U.S. livestock: Cattle futures turn lower

Cattle futures on the Chicago Mercantile Exchange were weaker on Monday, ending a corrective bounce off nearby lows as high beef prices are said to be limiting consumer demand. The February live cattle contract lost 1.925 cents per pound at 215.925 cents. Feeder cattle were down 2.900 cents in the January contract at 321.075 cents