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Tag Archives beef prices

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Live cattle sink on technical selling

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Monday on profit-taking and technical selling, although losses were limited by firm wholesale beef prices and the discount of futures to cash prices, traders said. April live cattle closed down 0.425 cent/lb. to 115.55 cents, slipping below the contract’s 50-day moving average around
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Healthy margins drive feeder complex

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Western Canadian feeder cattle markets traded steady to $5 higher compared to week-ago levels. Buyers were quite meticulous on flesh levels and quality features in the heavier weight categories; however, feedlot operators were definitely more aggressive this week. Major operations have liquidated a fair amount of fed cattle and these players are anxious to reload
(Photo courtesy Canada Beef Inc.)
Beef cattle, Livestock, Markets

Klassen: Feeder cattle prices lukewarm on mixed factors

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Western Canadian feeder cattle markets were steady to $2 higher compared to week-ago levels. All weight classes experienced lukewarm buying interest, despite improving margins in the feedlot sector. Most auction barns experienced minimal numbers; cow-calf producers are holding back on sales hoping for stronger values and extreme cold temperatures hindered cattle movement, especially in the
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle gain on bargain-buying

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Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures gained about one per cent on Monday, rebounding from earlier losses on support from a round of bargain buying, traders and analysts said. Feeders fell to a 3-1/2-week low before reversing higher, while live cattle tested Friday’s multiweek low and then turned higher
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle resume upward trend

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Western Canadian feeder cattle prices resumed the upward trend after a brief dip during the first major snowstorm of the year. Feeder cattle weighing above 750 lbs. traded $2-$4 above week-ago levels while calves were readily selling for $4 to as much as $8 higher. Optimism abounds in the feedlot sector, as Alberta fed cattle
The Manitoba Beef Producers held a fall meeting in District 7 in Birtle on Nov. 10.
Beef cattle, Livestock

Beef Producers mull tough season at district meetings

The Manitoba Beef Producers has been meeting throughout the province this fall to talk directly to members

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Manitoba Beef Producers (MBP) says tumbling prices and waterlogged pastures have caused a tough year for the province’s cattle producers. “We all know what has happened to cattle prices, they have done nothing but fall since 2015. Feedlot margins are getting tighter and tighter, and then it has just been a year like no other
cattle on a pasture
Beef cattle, Livestock Markets, Opinion

BeefTalk: Lower prices need lower costs

The first step to lowering costs is knowing the costs

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The daily CattleFax report just popped into my email and was not the positive news one would like. The Oct. 10 values were $98.87 for live cattle and $124.65 for feeder cattle (all figures U.S. funds). I had a simple thought: “What, two-digit live-cattle prices!” My second thought: “We have got to get costs down!”

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