(USDA.gov via Flickr)

U.S. cattle placements spike in August

Chicago | Reuters — Ranchers placed 1.93 million cattle in U.S. feedlots in August, the U.S. Department of Agriculture said on Friday, in a stronger-than-expected report likely to weigh on futures early next week. Cattle placements rose about three per cent from August in 2016, USDA said. Analysts polled by Reuters had predicted a decline

Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Feed barley market firms with weak production numbers

CNS Canada — A 16.8 per cent drop in the size of Canada’s barley crop has given feed barley prices some support, according to an industry-watcher in Alberta. “The market is looking fairly strong,” said Allan Pirness of Market Place Commodities in Lethbridge. “It’s made things a little firmer for new-crop feed grain.” Wet weather









(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market stabilizes

After the recent rally, cattle buyers noted that price spreads between weight categories came back in line with traditional levels this week. Shorter-keep yearlings were steady to $4 weaker compared to seven days earlier; mid-weight cattle from 700 to 800 lbs. were relatively unchanged while feeders under 700 lbs. were $4 to $8 higher. On