For the week ending October 25, Western Canadian yearling markets traded steady to $10/cwt below prices from the previous week. Calves in the range of 550 pounds to 850 pounds were down $8 to $12 on average while feeders under 550 pounds were relatively unchanged compared to seven days earlier. U.S. government comments regarding the […] Read more
Klassen: Feeder market softens on weaker demand
U.S. livestock: Cattle futures sink on concerns over Trump’s push to lower prices
Chicago | Reuters – U.S. cattle futures tumbled on Monday, extending a steep slide after President Donald Trump complained last week that prices were too high. Traders said they were increasingly expecting that Trump’s administration will encourage more imports of beef and cattle in a bid to offset tight U.S. supplies and bring down prices […] Read more
U.S. livestock: Cattle futures plunge daily limits on beef price fears
Reuters — Most Chicago Mercantile Exchange live cattle and feeder cattle futures contracts fell their respective daily limits on Friday, as efforts by the U.S. to lower historically high beef prices appeared to spark a round of long liquidation by speculators, analysts said. CME benchmark December live cattle futures were down their daily maximum of […] Read more
U.S. livestock: Cattle futures mixed
Cattle futures on the Chicago Mercantile Exchange were mixed on Thursday, after dropping sharply the previous session. The December live cattle contract was up by 1.350 cents per pound at 241.175 cents. However, more deferred months were lower. Feeder cattle saw a continuation of Wednesday’s selloff, with the November contract down 2.775 cents at 361.450 […] Read more
Cattle group asks Canada to break off U.K. trade agreement
Canadian Cattle Association cites little effort to fix ‘non-tariff barriers,’ which they say have already been a problem for getting Canadian beef market access to the U.K.
New opportunities for Canadian goods in Mexico
Agriculture minister’s trip to Mexico sees promotion of Canadian goods like beef and canola, with potential for more partnerships in the future
Trump quadrupling Argentina beef tariff rate quota to 80,000 tonnes
U.S. President Donald Trump’s administration is quadrupling the tariff rate quota on Argentinian beef to 80,000 tonnes to reduce prices and protect American farmers, a White House official said on Thursday.
U.S. livestock: Cattle futures drop on Trump call for lower prices
Cattle futures on the Chicago Mercantile Exchange dropped sharply on Wednesday, reacting to comments from United States President Donald Trump calling on the cattle sector to lower prices. The December live cattle contract lost 5.600 cents per pound on Wednesday, at 239.825 cents. Feeder cattle were down their daily limit of 9.250 cents per pound […] Read more
Trump urges U.S. cattle ranchers to lower prices as he touts tariffs
U.S. President Donald Trump is calling on cattle ranchers to lower prices
Confusion cleared on Canadian calf import changes
A Canadian Food Inspection Agency (CFIA) announcement on import regulations for feeder calves caused some confusion on the administrative side of Canada’s cattle industry earlier this month
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