Reading Time: 4 minutes Is the risk really worth it? That was the underlying theme offered by a quartet of young cattle producers during a recent online presentation put on by the Canadian Cattlemen’s Association. “Farming and ranching are already highly risky,” said Kendra Donnelly, who farms near Acme and operates, with her husband and parents, a trio of […] Read more
Young producers wonder if there’s a future in the cattle sector
Pandemic exposes fault lines in a business with a high cost of entry and little protection when a crisis hits
U.S. livestock: Hog futures drop as China tightens food import restrictions
USDA report bearish on cattle futures
Chicago | Reuters — U.S. lean hog futures retreated on Monday, with actively traded nearby contracts sinking more than three per cent and hitting life-of-contract lows amid worries about pork exports to China, which has stepped up oversight of imported goods due to COVID-19. China’s customs authority said on Sunday it had suspended poultry imports […] Read more
U.S. livestock: Futures drop ahead of USDA data
Cattle on Feed report could be bearish Monday
Chicago | Reuters — U.S. livestock futures fell on Friday, as hog producers and cattle ranchers continue to struggle with a massive backlog even as many slaughterhouses come back online. The U.S. Department of Agriculture’s monthly Cattle on Feed report, released Friday after the market close, showed May feedlot placements at 99 per cent compared […] Read more
Record-keeping tool for beef producers available
Reading Time: < 1 minute The Beef Cattle Research Council has released Level 2 of its online record-keeping and benchmarking tool. The tool allows producers to collect and save data so it can be analyzed and used for better management decisions. Level 1 was designed for producers who are new to record-keeping or who keep records but are unsure of […] Read more
U.S. livestock: Cattle futures, beef prices decline
Lean hogs up amid technical buying
Chicago | Reuters — U.S. live cattle futures fell Thursday as boxed beef prices tumbled under pressure from rising production. Beef output has increased as meat companies increase slaughtering after temporarily closing processing plants in April and May because of outbreaks of the COVID-19 coronavirus among workers. Processors killed an estimated 120,000 cattle on Thursday, […] Read more
COVID-19 knocks Agribition off 2020 calendar
Organizers look to 2021, plan 'new digital experiences' in meantime
Another of the Prairies’ major agricultural exhibitions has removed itself from the 2020 schedule. The 50th edition of Canadian Western Agribition, which was scheduled for Nov. 30 to Dec. 5 this year at Regina’s Evraz Place exhibition park, has been postponed to Nov. 22-27, 2021. Organizers of the not-for-profit event said Wednesday they made the […] Read more
U.S. livestock: Hog futures still face headwinds over demand questions
Cattle futures mixed on USDA report expectations
Chicago | Reuters — U.S. lean hog futures traded choppy on Wednesday, amid ongoing pressure from large domestic supplies and rebounding pork production, analysts said. Meanwhile, concerns over a potential slowdown in U.S. pork exports kept markets jittery for a second session, traders said. China’s meat importers fear clearing delays and a hit to demand […] Read more
U.S. livestock: Hogs down, cattle up on demand issues
Cash cattle values hint at increased demand
Chicago | Reuters — U.S. lean hog futures dipped on Tuesday, as questions continued to grow about whether pork export demand from China will surge and eat through massive domestic stockpiles, traders said. Meanwhile, cattle futures rose as the cash market showed hints of increased demand from packers hungry to supply grocery stores and restaurants […] Read more
Conservation groups rally behind beef sector
If pandemic forces ranchers to exit sector, grasslands will suffer, say conservationists
Reading Time: 3 minutes Government needs to step up its support for the cattle sector — not just for ranchers, but to save the country’s most endangered habitat, say a coalition of conservation groups. Very little of Canada’s grasslands remain and the cattle sector is essential to preserving what’s left, conservation organizations told the federal environment minister in a […] Read more
Klassen: Weaker fed cattle prices weigh on feeder market
Rain-soaked pens sidelined some Alberta feedlots
Compared to last week, western Canadian feeder cattle markets were relatively unchanged but a softer tone was noted in the non-major feeding regions. Most auction barns are in summer mode and the quality of feeders coming on the market is quite variable. However, at major centers in Alberta, healthy strings of yearlings were well bid […] Read more
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