(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market grinds lower

Compared to last week, western Canadian yearling markets were down $2-$5 while calves dropped by $3 to as much as $8. We’re now seeing some medium-quality calves weighing around 550 lbs. sell under the psychological $200 level in central Alberta. The market is lacking demand. Feedlot inventories are running 33 per cent above the five-year

CME December 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME live cattle falls as cash market idles

Lower cash, pork prices drag on lean hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell, pressured by a stagnant cash market and processing backups, traders said. CME December live cattle futures settled down 1.225 cents at 128.325 cents/lb. January feeder cattle futures eased 2.675 cents to end at 157.325 cents/lb. For the week, live cattle futures lost 2.35 cents,


Normal fall run traffic seen despite early cattle sales

Normal fall run traffic seen despite early cattle sales

Feedlots Down East have dialed up demand compared to last year

The Thanksgiving long weekend did little to slow activity at Manitoba’s cattle auction yards, with larger volumes and relatively solid prices reported across the province as the cattle market works through the annual fall run. “It’s October, it’s fall run time, there’s no way we can take a week off,” said Allan Munroe of Killarney

CME December 2021 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and black lines) and CME Lean Hog Index (dark red dotted line, left column). (Barchart)

U.S. livestock: CME lean hogs fall on sluggish export sales

Weaker exports drag on cattle also

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a third session on Thursday, pressured by weak export activity, traders said. CME December lean hog futures settled down 2.825 cents at 73.2 cents/lb., its biggest drop since Sept. 10 (all figures US$). CME February hogs ended down 2.55 cents at 76.675 cents/lb.


CME February 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME lean hogs down on technical selling, export worries

Chicago cattle futures up

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday on technical selling and fears that falling Chinese hog prices point to slowing export demand for U.S. pork, traders said. CME December lean hog futures settled down 1.375 cents at 76.025 cents/lb., after dipping to 75.925 cents and filling a gap on

CME December 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME live cattle down on technical selling, uncertain demand

Pork export concerns drag on hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower for a second straight session on Tuesday, retreating from early strength on technical selling and uncertainty about consumer demand for meat, traders said. CME December live cattle futures settled 0.4 cent lower at 130.025 cents/lb., turning down after meeting technical resistance at its



CME December 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME live cattle retreat from one-month high

Corn futures weigh on feeder cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, hit by profit-taking and technical selling after the benchmark December contract hit a one-month high on Friday, traders said. A stronger close in corn futures pressured feeder cattle futures. CME December live cattle futures settled down 0.55 cent at 130.425 cents/lb.


Walmart Canada is the first retailer in Canada to offer on-pack certified sustainable claims on a line of beef products.

Sustainable beef interest hits new peak

About 17 per cent more beef was sold with a CRSB sustainability claim last year

Canadians were more likely to consume certified sustainable beef last year than ever before. The Canadian Roundtable for Sustainable Beef (CRSB) says that 5.6 million pounds of beef were sold from July 1, 2020 to June 30, 2021 with a CRSB framework claim. The framework lays out sustainability standards for farms, feedlots, processors and others,

Sustainable beef body asks for farmer input

Chair Anne Wasko says the CRSB is seeking feedback from all producers

The Canadian Roundtable for Sustainable Beef (CRSB) is urging producers to weigh in on the next round of environmental metrics on the beef industry. The roundtable launched a producer survey in late September. Responses will be part of the roundtable’s benchmarking efforts and will provide updated numbers to estimates calculated by the CRSB following the