Feeder cattle review: Feeders move higher with less volatility
Compared to last week’s closing market, feeder cattle sold steady to 2.00 higher with much less volatility than in recent weeks.
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Canada cattle report: Canadian packer bids strengthen
The Canfax average steer and heifer price closed the week at $118.00/cwt and $117.00/cwt respectively, up $2.75-4.00/cwt from the previous week.
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Cattle Outlook: Cattle slaughter lowest March since 1991
USDA's April cattle on feed report was bearish. Placements during March were up 6.0% compared to a year earlier.
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Canada cattle report: Canfax feeder steer prices lower
Light to moderate trade developed on Wednesday and prices averaged $1.00-2.00/cwt higher. Long fed yearlings commanded a premium and traded $2 higher.
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Bank survey shows livestock operators rebuilding
Livestock operators are ready to expand business with commercial bank loans for livestock purchases rising to record levels not seen almost a decade.
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It’s spring but cattle markets are still frozen
There seems to be a chill on cattle markets…both literally and figuratively. Cattle markets remain hunkered down due to weather and other impacts. The unrelenting cold, wet spring continues to have a variety of impacts on both the supply and demand sides of cattle and beef markets.
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U.S. cattle placements unexpectedly rise in March
The number of cattle placed in U.S. feedlots last month rose unexpectedly, a government report showed last week, in what looked like a catch-up movement from ranches after harsh winter weather in February delayed their arrival for fattening.
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Feeder cattle review: Weather related sell-off continues
Compared to last week, yearling feeder cattle sold 3.00-7.00 lower while calves traded fully 5.00-10.00 lower and as much as 20.00 lower on unweaned new crops.
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Cattle Outlook: Retail choice beef prices set new record
Retail choice beef prices set a new record in March at $5.222 per pound, up 7.8 cents from February and up 24.7 cents from March 2012.
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United States Cattle on Feed down 5 percent
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.9 million head on April 1, 2013.
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Canada cattle report: Canadian fed market underperforms
The Canfax average steer and heifer price closed the week at $112.75/cwt and $112.00/cwt respectively, which is steady to $1.00 lower than the previous week.
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- New school lunch beef recipes win approval from kids, foodservice
- Prices for corn and soybeans, five years from now
- Drier weather to give big boost to U.S. corn plantings
- Agriculture is expected to remain strong in the coming decade
- What sick day? Farmers take just three a year
- Insects. They’re what’s for dinner!
