Photo: Canada Beef

Maritime beef producers get price protection

Two-year pilot gives Maritime producers an equivalent program to the rest of the country

Producers in New Brunswick and Prince Edward Island, and soon Nova Scotia, will have access to a program that will allow them to purchase insurance on price protection for their beef cattle in case of an unforeseen market disruption.


Photo: ARS/USDA

U.S. livestock: CME hogs rally after contract lows; cattle futures jump

Chicago | Reuters – Lean hog futures rallied at the Chicago Mercantile Exchange on Friday after falling earlier to contract lows under pressure from increased U.S. production. Cattle futures also climbed. A rise in wholesale prices for U.S. pork helped trigger the turnaround in hogs, analysts said. The U.S. Department of Agriculture priced the pork carcass cutout […] Read more

To defer income under LTD, the breeding herd must have been reduced by at least 15 per cent.  Photo: Canada Beef

Feds announce early livestock tax deferral

Livestock producers in drought-affected areas are getting and early livestock tax deferral (LTD) for the 2024 season. The federal government said the situation has become more challenging for producers due to climate change, when announcing a list of regions eligible for the deferral on June 14. The LTD allows producers in designated areas, who were […] Read more


Photo: iStock/File

U.S. livestock: Lean hog futures retreat as wholesale US pork prices sag

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures backpedaled on Thursday from a one-week high reached during the previous session, while live cattle futures strengthened. Hog futures eased after wholesale U.S. pork prices pulled back from a jump on Tuesday. The U.S. Department of Agriculture priced the pork carcass cutout at $97.02 per […] Read more



Photo: File

Cattle producers wary of grasslands conservation proposal

Glacier FarmMedia – Saskatchewan Stock Growers Association members want the Canadian Cattle Association to press pause on its Grasslands Conservation Initiative until it can better communicate its plan. Several resolutions about the initiative were debated during the SSGA annual meeting June 11 and while some were defeated members did approve one calling on CCA to […] Read more

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U.S. livestock: Live cattle, lean hog futures end lower

Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed lower on Tuesday in dull technical trade as market players await cash cattle trade to develop, brokers said. CME August live cattle LCQ24 settled down 1.050 cents at 178.925 cents per pound, although the contract stayed above its 100- and 200-day moving averages. CME August […] Read more