(Geralyn Wichers photo)

Klassen: Lower beef production forecasts support feeder complex

Improving feedlot margins contributed to the stronger feeder market. Alberta packers were buying finished cattle on a dressed basis at $500/cwt delivered which was fresh record high. Using a 60 per cent grading, this equates to a live price of $300/cwt. Feedlot breakeven pen closeouts are in the range of $260-$270/cwt. Feedlots are anxious to reload and larger groups of quality packages are limited at this time of year.










Photo: Getty Images

Pigs can’t fly: U.S. high-end livestock breeders lose millions in China tariff fallout

China has been a key importer of American hog and dairy cattle genetics, but shipments have stalled

China is one of the biggest importers of American breeding pigs and other livestock genetic material such as cattle semen. These lucrative niche export markets had been growing, but dried up since U.S. President Donald Trump started a trade war with Beijing.