Cattle tumble after setting record high

U.S. live cattle futures fell sharply March 2 in a profit-taking setback ahead of the weekend, after posting an all-time high late this week, amid worries that demand for high-priced beef may soon begin to wane, traders said. The plunge came as cash cattle in the southern U.S. Plains traded at a record-high $130 per hundredweight, up

Big exports but cattle herd expansion unclear: USDA

Washington / Reuters Recent drought and forecasts for limited rainfall could constrain the size of the U.S. cattle herd despite high retail beef prices and forecasts for near-record exports, the Agriculture Department said Feb. 15. Record-high retail beef prices “are not sufficient to provide the long-term margins and profits the wholesale and cattle-feeding sectors must


Burger demand spurs need for butcher cows, bulls

Cattle movement in the province continued to remain at a brisk pace during the week ended Feb. 17, although values for the heavier-weight animals continued to weaken. The quality of the animals being marketed was described as being in the average to above-average category, with premiums still being offered for the top-quality grass cattle. The