The ABCs of cattle options and futures

The ABCs of cattle options and futures

These tools can help you manage both your costs and your revenue

An estimated 27,000 cattle producers across the Prairies manage about nine million head in cow-calf, feeder and stocker operations worth approximately $8 billion, according to StatsCan data. That’s a lot of money. So it’s no surprise more and more cattle producers want to learn about price protection for their cattle. Speaking with producers at the






(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market softens

Compared to last week, western Canadian yearling prices were $2-$5 lower on average while calf markets were relatively unchanged. Weakness in deferred live cattle futures, along with stronger barley prices, set a negative tone. Most of the Prairies have received less than 40 per cent of normal precipitation over the last 30 days, but this