Chicago | Reuters — Ranchers placed 11 per cent more cattle in feedlots in April than a year earlier, the most for the month in 14 years, the U.S. Department […] Read more
Tag Archives cattle prices
U.S. April feedlot cattle placements jump to 14-year high
Klassen: Feeder cattle market experiences mixed tone
Western Canadian feeder cattle markets were rather subdued this past week; average prices were unchanged from seven days earlier. However, the bloom has come off the rose as the extreme […] Read more
JBS sees margins up in 2017 as feed, cattle costs fall
Sao Paulo | Reuters — Brazilian meatpacking giant JBS SA expects profit margins to improve over the course of this year, CEO Wesley Batista said on Tuesday, as lower cattle […] Read more
Falling farm gate prices highlight ‘long overdue’ topic
CNS Canada — Statistics Canada’s latest Farm Product Price Index marks a year of annual declines, predominantly led by the cattle sector. The whims of the market are one source […] Read more
Klassen: Healthy margins drive feeder complex
Western Canadian feeder cattle markets traded steady to $5 higher compared to week-ago levels. Buyers were quite meticulous on flesh levels and quality features in the heavier weight categories; however, […] Read more
Klassen: Feeder cattle drop on cautious feedlot demand
Western Canadian feeder cattle markets traded $3 to as much as $8 below week-ago levels as feedlot managers anticipate growing beef supplies during the late spring and summer. Heavier weight […] Read more
Klassen: Tenacious feeder market softens on supply forecasts
Western Canadian feeder cattle prices traded steady to as much as $5 lower over the past week. Early in the week, buyers incorporated a risk discount due to the extremely […] Read more
Klassen: Feeder cattle markets digest USDA inventory report
Western Canadian feeder cattle markets traded $5 higher to as much as $10 lower compared to week-ago levels. The U.S. Department of Agriculture’s Cattle on Feed report, along with U.S. […] Read more
Klassen: Fed cattle uncertainty restricts upside in feeders
Western Canadian feeder cattle were actively trading $3-$5 higher compared to week-ago levels. Order buyers felt like they were groping in the dark but realized there was a fair amount […] Read more
Klassen: Positive margins support feeder cattle market
Alberta packers were buying fed cattle at $150 this past week, which was $5 above breakeven pen closeout values. This rally in the fed cattle market was a long time […] Read more