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U.S. livestock: Cattle rally after screwworm scare

Chicago cattle made modest gains on Tuesday while lean hogs ended mixed to start a shortened trading week. Most-active April live cattle closed at 234.575 cents a pound, up 0.600 cents. February live cattle settled at 232.375 cents per pound, up 0.225 cents. Most-traded March feeder cattle contracts gained 1.225 cents to close at 357.675



A cow in the auction ring at the Gladstone Auction Mart in October 2025.  Photo: Greg Berg

Klassen: Feeder market near historical highs

For the week ending January 17, Western Canadian feeder cattle markets traded $5/cwt lower to $10/cwt higher compared to the week ending January 10. The market was quite variable across the Prairies with weather conditions influencing the price structure. Overall, there was very strong demand with Ontario and Southern Alberta feedlots aggressively working to secure