(Photo courtesy Canada Beef Inc.)

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

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.)

Klassen: Feeder cattle resume upward trend

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 Producers mull tough season at district meetings

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

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

BeefTalk: Lower prices need lower costs

The first step to lowering costs is knowing the costs

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!”






(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market stable but demand remains soft

Comments from the country this week suggested the market was slightly firmer than week-ago levels. However, market reports stated prices were relatively unchanged and actually softened late in the week. The old saying that even a priest lies about his car’s gas mileage applies to overly optimistic cattlemen trying to bolster market enthusiasm. Feedlot margins