Compared to last week, western Canadian yearling prices were unchanged to as much as $4 higher in some cases; calf markets traded $2-$3 on either side of unchanged as prices were quite variable across the Prairies. Major feedlot operators were extremely aggressive for yearlings. Larger groups of one-cut cattle were very well bid. April live […] Read more
Klassen: Strong demand underpins yearling market
Western Canada will be seeking U.S. corn
U.S. livestock: CME lean hogs climb on strong cash
Live cattle also higher
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange rose nearly three per cent on Monday on technical buying and relatively strong cash hog markets, analysts said. CME’s benchmark October hog contract settled up 2.475 cents, or 2.9 per cent, at 89 cents/lb., pushing just above chart resistance at the contract’s 100-day […] Read more
Will a third of a billion dollars in drought aid be enough?
Massive emergency rescue plan won’t be enough for many
Reading Time: 5 minutes Emergency money for cattle producers is coming, but now the big questions are: How fast will it arrive? And will it be enough? Although the $340 million pledged for Alberta ranchers under the AgriRecovery program is a big number, the skyrocketing cost of feeding cattle is even bigger. “The total lend is $200 a head. […] Read more
Feds lock in AgriRecovery funds before election call
Ottawa's pledged share now up to $500 million
Just hours ahead of a federal election call, the federal government has committed $500 million to cover its share of federal/provincial AgriRecovery support plans for drought-hit farmers across Canada’s West. Shortly before Prime Minister Justin Trudeau’s visit Sunday to Rideau Hall seeking the dissolution of Parliament for a federal election, Agriculture Minister Marie-Claude Bibeau confirmed […] Read more
U.S. livestock: Cattle end mostly lower; hog futures narrowly mixed
Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed mostly lower on Friday on technical selling and lackluster cash cattle trade this week, traders said. CME benchmark October live cattle settled down 0.375 cent at 128.125 cents per pound, and September feeder cattle futures ended down 0.475 cent at 163.075 cents […] Read more
A very small farm at an Alberta school has a very big goal
Reading Time: 4 minutes Irvine School is taking the ag-in-the-classroom concept to the next level — it’s creating an actual farm on its grounds. Construction is well underway on the Agricultural Discovery Centre in a corner of the school’s playground. And although it’s not big (just 200 feet by 200 feet), it will be home to a market garden […] Read more
Feeding site permit requirement suspended
Reading Time: < 1 minute The Natural Resources Conservation Board is suspending the requirement for a permit for a temporary confined feeding site. The government agency “recognizes that due to the current very dry conditions and poor grass pastures, summer feeding of cow-calf herds may be required (and)… will not require producers to obtain permits” for temporary confined feeding. However, […] Read more
U.S. livestock: CME cattle futures rise after U.S. cuts beef production forecasts
Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose on Thursday as the U.S. Department of Agriculture reduced its forecasts for domestic beef production. The agency, in a monthly report, trimmed its estimate for 2021 U.S. beef production by 0.1 percent from July to 26.965 billion pounds due to lighter expected carcass weights. The production forecast […] Read more
Know what you’ve got is the golden rule when feed is short
Nitrate levels are higher in drought-stressed crops, so testing feed is an absolute must
Reading Time: 4 minutes Testing your feed should top your to-do list this fall and winter. “Get that crop tested,” said Bart Lardner, a University of Saskatchewan professor who holds a research chair in cow-calf and forage systems. “Know what you’re starting with and know what you’re dealing with in terms of energy density, protein density, and anti-quality factors […] Read more
U.S. livestock: CME hogs end mostly higher on bargain buying, cattle drift lower
Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange closed mostly higher on Wednesday as bargain-buying and firmer wholesale pork prices helped the benchmark October contract rebound from a one-month low set a day earlier. CME October lean hogs settled up 1.975 cents at 85.850 cents per pound and December hogs rose […] Read more
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