The 2024 federal budget, released Tuesday afternoon has drawn mixed reactions from ag groups across Canada. While some have praised aspects of the plan, others have condemned the lack of attention paid to agriculture and farmers.

Federal budget draws mixed reaction from Canadian ag groups
Livestock tax deferral, capital gains exemption praised; overall lack of investment in agriculture noted

U.S. livestock: Live cattle extend recovery
Chicago Mercantile Exchange live cattle futures closed higher for a second consecutive session on Tuesday as the market extended a recovery from oversold conditions, analysts said.

Klassen: Adverse weather weighs on Western Canadian feeder market
Southern Alberta has received over 200 percent of normal precipitation over the past 30 days. Pen conditions are rated poor to very poor in the main feeding pockets of Alberta. Saskatchewan and Manitoba have received less than 40 per cent of normal while Central Alberta has normal to below normal precipitation.

Protecting your cattle from flu
Reading Time: < 1 minute The Canadian Food Inspection Agency has not detected highly pathogenic avian influenza (HPAI) in dairy cattle or other livestock in Canada. Producers can protect their animals and themselves against spread of disease by monitoring cattle for clinical signs, including a sudden decrease in milk production; contacting a veterinarian with any suspected cases; practicing good biosecurity […] Read more

Beef sector braces for bird flu
Avian influenza strain may not affect beef cattle the same as dairy
Reading Time: 4 minutes Glacier FarmMedia – The strain of bird flu infecting U.S. dairy herds could become a problem for the beef sector, but it may not have the same effects as it did in the dairy barn, according to New Mexico’s state veterinarian. The main economic impact of highly pathogenic avian influenza (HPAI) in dairy cattle has […] Read more

Bovine flu a reminder of risk management in markets
While recent price drops have limited options, cow-calf producers can still lock in a profit, says market analyst
The fundamentals still look strong for cattle prices, despite recent hiccups in the futures market, says a market analyst, but for those buying stockers, a little risk management can go a long way.

Denmark bets on cow feed additive to reduce methane emissions
The Nordic country has pledged to reduce emissions by 70 per cent by 2030 compared to 1990 levels.
Denmark has agreed to help farmers finance a feed additive that is expected to reduce methane emissions from cattle by up to 30 per cent, as part of efforts to meet ambitious climate goals, its government said on Monday.

U.S. livestock: Cattle futures sink to multi-month lows
Technical selling, fund liquidation and demand concerns drove Chicago Mercantile Exchange cattle futures to multi-month lows on Friday, analysts said.

Food and beverage sales to fall in 2024; processor margins to improve
Stabilizing or declining input prices working their way through the supply chain, FCC says
Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.

U.S. livestock: Cattle futures turn higher, hog futures rebound
Chicago Mercantile Exchange (CME) cattle futures firmed on Thursday, bolstered by technical trading and anticipated consumer demand going into the grilling season, analysts said.