Compared to last week, western Canadian yearling prices were up $4-$6 while calf markets traded $6 to as much as $10 above week-ago levels. May feeder cattle futures are trading at a $8 premium to the nearby March contract. The carrying charge in the futures market has encouraged buyers to step forward sooner rather than […] Read more
Klassen: Canadian feeder market rationing demand
Demand from Ontario remains aggressive
Klassen: Larger supplies of backgrounded cattle weigh on feeder complex
Compared to last week, western Canadian yearling markets traded steady to $3 lower. Calf prices were quoted $5 lower to $3 higher. Backgrounded cattle appeared to have a softer tone as more numbers come on the market. Usually, the bulk of the volume for backgrounded cattle are animals over 850 lbs. However, this year, the […] Read more
It’s more rare these days, but grain overload has a big impact
Mixed rations and better storage have cut cases, but take care when increasing grain in a ration
Reading Time: 3 minutes Grain overload has been drastically reduced over the years thanks to nutritionists, total mixed rations and fewer incidents of accidental ingestion. But I want to review the condition, treatment and, most importantly, the ways to prevent it. Grain overload occurs when there is over-consumption of a carbohydrate source, most often grain. I have treated severe […] Read more
Beef consumption to rise in China, JBS predicts
China seen as more competitive in domestic chicken, pork markets
Sao Paulo | Reuters — Demand for beef in China is expected to rise as the country still has relatively low per capita consumption, Gilberto Tomazoni, chief executive of JBS SA, said on Wednesday during a business conference. He said Brazil and the U.S., where JBS has meat facilities, are well positioned to meet China’s […] Read more
Klassen: Feeder market percolates higher amid finicky buyers
Ontario feedlots bring demand for West's calves
Compared to last week, western Canadian feeder cattle markets traded steady to $4 higher on average. Certain pockets in Manitoba and eastern Saskatchewan had steer calves up $4-$8 from week-ago levels. Alberta values were relatively unchanged from seven days earlier on all weight categories. Steady demand was noted from Ontario feedlots for calves while Alberta […] Read more
U.S. beef cow herd falls to lowest level since 1962, USDA says
Last year saw record cull, Rabobank reports
Chicago | Reuters — The U.S. beef cow herd dropped to its lowest level since 1962, U.S. Department of Agriculture data showed on Tuesday, after a severe drought raised costs for livestock feed. Ranchers increasingly sent cows to slaughter last year, instead of keeping them to reproduce, as dry weather reduced the amount of pasture […] Read more
Foothills ranchers share rules for water resiliency
Keep it simple: Riparian areas play an outsized role in vital watersheds, and caring for them isn’t complicated
Reading Time: 5 minutes The Eastern Slopes are what many people picture when they think of Alberta — a sweeping landscape of grass and rolling hills giving way to forests and ridges framed by the majesty of the Rocky Mountains. But all that beauty masks serious issues, including the considerable strain on riparian areas. Key to the effort to […] Read more
CCA looks back on 90 years
Reading Time: < 1 minute The Canadian Cattle Association is celebrating its 90th anniversary with a series of videos. The initial video looks at how marketing at a new level has paid off. “We’ve become the second-largest high-quality, grain-fed beef producer in the world,” CCA executive vice-president Dennis Laycraft says in the video. “We went from producing bone-in product … […] Read more
Saskatchewan holds Crown grazing rents at last year’s levels
Also, leaseholders on drought-downgraded land eligible for rate cut
Cattle producers leasing Crown land for grazing in Saskatchewan won’t see a rate hike this year and may be eligible for a significant rate cut. The provincial government announced Wednesday it has frozen the rates charged to producers who lease Crown grazing land in 2023 at their 2022 level. The freeze will apply to all […] Read more
Backlog of fed cattle should soon be cleared, says analyst
There are still challenges, but the coming year is shaping up well so far
Reading Time: 2 minutes A backlog of fed cattle that has adversely affected feedlots should start to clear soon, says a livestock economist with Alberta’s agriculture department. Feedlots in Alberta and Saskatchewan had plenty of fed cattle supply at the end of 2022 and fed cattle basis levels were wide, said Ann Boyda. “Any further backlog is expected to […] Read more
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