Western Canadian feeder cattle prices traded $3 to as much as $10 below week ago levels due to deteriorating feedlot margins and building beef supplies. Once again the bulk of […] Read more
Tag Archives feedlots
Klassen: Feeder cattle market remains sluggish
Fewer U.S. cattle than expected placed in feedlots in June
Chicago/Reuters – The number of cattle placed into U.S. feedlots in June rose three per cent from a year earlier, the government said July 22, below the expectations of most analysts. […] Read more
Cargill to sell two Texas feedlots
Reuters — Cargill, a top U.S. meat processor, said Friday it will sell two Texas beef cattle feedlots to Amarillo-based Friona Industries pending final agreements and regulatory reviews. Under the […] Read more
April U.S. cattle placed in feedlots at three-year high
Chicago | Reuters –– The number of cattle placed into U.S. feedlots in April jumped seven per cent from a year earlier, according to a government report on Friday, far […] Read more
Klassen: Feeder market bounces off previous lows
Western Canadian feeder cattle prices traded $5-$8 above week-ago levels with quality groups of steers selling for as much as $10 higher. Renewed optimism surfaced amongst feedlot operators as feeding […] Read more
Lethbridge feed barley’s spring rally muted
CNS Canada — Lethbridge feed barley should be seeing its largest premium over fall and winter months, but so far this year the market’s spring rally has been limited. “This […] Read more
Limited selling, buying leave feed barley flat in Lethbridge
CNS Canada — Lethbridge’s feed barley market is sitting stagnant, as feedlots quit hand-to-mouth buying and farmers hold onto their grain. Farmers who stored their feed barley post-harvest don’t want […] Read more
Cattle placed in U.S. feedlots jump to eight-year high
Chicago | Reuters — The number of cattle put into U.S. feedlots in February climbed 10 per cent from a year earlier to their highest level for that month in […] Read more
Klassen: Uncertain beef demand weighs on feeder market
The prolonged period of negative feeding margins continues to set a tone in the feeder market. Alberta packers were buying limited numbers of fed cattle this past week with dressed […] Read more
Cargill moves to cut antibiotic use in cattle by 20 per cent
Reuters — Cargill, a top U.S. meat processor, is trimming the use of antibiotics in its cattle supply amid concerns among some doctors and consumers about risks to humans from […] Read more
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