Photo: Canada Beef

U.S. livestock: Cattle strengthen Tuesday

Cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, with cold temperatures hitting the northern U.S. Plains and Corn Belt lending some support to the futures. The February live cattle contract gained 4.875 cents per pound at 220.005 cents. Feeder cattle were up 8.800 cents in the January contract at 329.875 cents per

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Klassen: Feeder market has volatile week

For the week ending November 29, Western Canadian feeder cattle markets traded $10/cwt higher to 10/cwt lower compared to seven days earlier. Markets were hard to define given the volatility and emotional behavior. Certain larger operations were extremely aggressive securing ownership across Western Canada while Ontario demand was more prevalent late in the week. Alberta


 PHOTO: Lisa Guenther

Klassen: Feedlots scale down cattle purchases

For the week ending November 22, Western Canadian feeder cattle prices were steady to $10/cwt lower on average. Earlier in the week, the heavier weight categories came under pressure while cattle under 700 pounds held value. However, by Friday, all weight ranges exhibited a softer tone. Feedlots are coming to the realization that the fed






Photo: Canada Beef

U.S. livestock: Cattle futures end lower

Cattle futures on the Chicago Mercantile Exchange were weaker on Wednesday, as a lack of fresh news had some participants moving to the sidelines. The December live cattle contract lost 1.925 cents per pound at 225.275 cents. Feeder cattle were down 1.675 cents in the January contract at 327.475 cents per pound. The U.S. Department




Photo: Lisa Guenther

Klassen: Feeder market drops sharply

For the week ending November 1, Western Canadian feeder cattle markets traded $15-$30/cwt lower compared to seven days earlier. Cash feeder markets were off by $30-$40/cwt early in the week but then marginally recovered on Wednesday as the feeder cattle futures market stabilized. There were a few exceptions. Higher quality yearlings over 800 pounds coming