Fed cattle prices in Alberta reached record highs last week trading the range of $164/cwt to $165/cwt. Feedlot margins surged into positive territory, once again reinforcing the price structure for feeder cattle. It appears the fed cattle market is incorporating a risk premium due to the uncertainty in production. For the week ending July 18, […] Read more
Klassen: Strong domestic demand to curb feeder cattle exports
W. Manitoba feedlot building wrecked in fire
A cattle feeding operation in western Manitoba has lost its office and several equipment bays in an overnight fire. The fire department and RCMP from Hamiota, about 80 km northwest of Brandon, were called at 3:20 a.m. Thursday to nearby Hamiota Feedlot, RCMP said in a release later Thursday morning. The building housing the office […] Read more
Livestock price insurance pilot to cover West
Livestock producers in the four western provinces can expect details in March on a four-year pilot program to insure against unexpected price declines. Speaking Friday at the Canadian Bull Congress at Camrose, Alta., federal Agriculture Minister Gerry Ritz and three of the four provincial governments announced a rollout this spring for a pilot of the Western […] Read more
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