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Beef Cattle

Finishers, Livestock, Markets

Klassen: Feeder cattle markets reflect mixed tone

U.S. corn offered into southern Alberta

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Compared to the previous week, western Canadian yearling prices were $2-$4 higher on average while calves traded unchanged to as much as $8 lower. Larger feedlot operations were actively bidding for 800-plus-lb. feeders across the Prairies due to the limited supply. Lower volumes were available this past week which was supportive for the market. Southern […] Read more
Beef Cattle, Livestock, Markets

JBS resumes second shift at Alberta beef plant

Out of 650 COVID cases at plant, 11 are 'active'

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Meat giant JBS’s Alberta beef packing plant has resumed two daily shifts as of Thursday, as fewer than a dozen of its 2,600-plus employees are now sidelined by COVID-19. The JBS plant at Brooks, about 170 km east of Calgary, is “slowly returning to two shifts as of today,” the company said Thursday in a […] Read more
Beef Cattle, Livestock, Markets

President’s cattle call finds expected marks in U.S.

Trump suggests killing trade pacts with unnamed cattle-exporting nations

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U.S. President Donald Trump’s remarks Tuesday about imports of live cattle into the United States resonated predictably among that country’s various cattle producer groups. At a White House event Tuesday, flanked by U.S. farm and ranch leaders and Agriculture Secretary Sonny Perdue for a multi-billion-dollar COVID-19-related farm aid announcement, Trump said he “read yesterday where […] Read more
Beef Cattle, Livestock, Markets, Reuters

Trump floats halt to U.S. cattle imports as pandemic hurts ranchers

'We have a lot of cattle in this country'

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Washington/Chicago | Reuters — U.S. President Donald Trump said on Tuesday the United States should consider terminating trade deals under which it imports cattle as he looks to help U.S. ranchers hit hard by the coronavirus outbreak. The United States imports cattle from Mexico and Canada to supplement domestic supplies at lower prices and to […] Read more
Cow-Calf, Livestock, Markets

WLPIP calf price insurance deadline extended

Three-week extension includes nine purchasing days

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Cattle producers in the western provinces will get extra decision-making time this year on the calf price insurance available through Western Livestock Price Insurance (WLPIP). The Prairies’ Crown ag insurance corporations announced Thursday that the deadline to buy WLPIP calf price insurance for 2020 has been extended to June 18. The new deadline, reset from […] Read more
Beef Cattle, Livestock, Markets

Saskatchewan to adjust WLPIP premiums for producers

Province also opts in to fund AgriRecovery set-aside plan

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The Saskatchewan government plans to temporarily subsidize livestock producers entering the Western Livestock Price Insurance Program (WLPIP) against its recent jump in program premium costs. The province on Thursday announced it will provide $5 million to “partially offset” WLPIP premiums, which it noted have risen “significantly” since the end of February this year on COVID-19-induced […] Read more
Beef Cattle, Livestock, Markets, Reuters

More Mexican beef headed to U.S. dinner tables as supply crunch bites

"I think we're going to leap past Canada this year"

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Mexico City/Chicago | Reuters — More Mexican steaks and other beef cuts are headed north of the border after the coronavirus outbreak has hobbled U.S. meat processing plants, potentially offsetting fears of shortages affecting businesses from fast-food chains to grocery stores but angering U.S. ranchers. The Mexican industry chalks up the export growth to new […] Read more

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