There were no major sales last week; however, a few auction barns held sales with a light run of feeder cattle along with bred cows and bred heifers. Compared to seven days earlier, western Canadian feeder cattle prices were relatively unchanged. Liquidation of the cow herd was the main feature on both sides of the […] Read more
Klassen: Feeder market closes year on firm tone
Korea suspends Canadian beef imports after BSE case
No other countries yet considering suspensions, CFIA says
Winnipeg | Reuters — South Korea has suspended beef imports from Canada, which last week reported its first case of bovine spongiform encephalopathy (BSE) in six years, the Canadian Food Inspection Agency said Wednesday. South Korea, the fourth-largest beef importer in the world, is seeking more information about the case before lifting its suspension, the […] Read more
Klassen: Feeder market stabilizes after December surge
Compared to last week, western Canadian feeder cattle prices traded $3-$4 on either side of unchanged. Small groups of various quality characterized sale volumes. There were a few packages of backgrounded yearlings that sold at decent levels. Finishing feedlots were fairly aggressive on groups in the 700- to 800-lb. category. Higher flesh levels have become […] Read more
‘Atypical’ BSE shows up in Alberta cow
Spontaneous case won't affect Canada's 'negligible risk' status, CFIA says
Updated –– Canada’s first case of BSE since the country achieved “negligible risk” status for the brain-wasting cattle disease isn’t expected to affect trade in Canadian beef. The Canadian Food Inspection Agency said Friday it has notified the World Organization for Animal Health (OIE) of a case of “atypical” bovine spongiform encephalopathy (BSE) in an […] Read more
Cattle producers have the beef but aren’t getting the bucks
Producers are used to the cattle cycle but this one is extreme — and extremely painful
Reading Time: 4 minutes Beef prices are sky high, but that money is not trickling down into the hands of cattle producers. “I’ve been getting lots of calls from producers on why there’s such a difference on the price at the packer level and at the retail level,” said Melanie Wowk, chair of Alberta Beef Producers. “Our prices at […] Read more
Klassen: Higher fed cattle prices pull up feeder market
Compared to last week, replacement cattle over 800 lbs. traded $10-$15 higher; some quality packages were up $20 from week-ago levels. Feeder cattle weighing 600-800 lbs. traded $4-$8 higher; calves under 600 lbs. were up $6-$10 on average, with some packages in Alberta up as much as $15 from last week. Strength in the fed […] Read more
Klassen: Feeder market stabilizes
Cow-calf producers selling sooner than normal
Compared to last week, western Canadian feeder cattle prices traded $2-$3 on either side of unchanged. Alberta packers were buying fed cattle on a dressed basis at $275 delivered; the Alberta fed market has rallied $10-$12 over the past couple weeks. Secondly, U.S. feeder cattle prices have also rallied US$10-US$12 during the same time frame […] Read more
Strike averted at Cargill’s High River beef plant
Deal that hikes wages by 21 per cent and offers large bonuses receives majority backing
Workers at Cargill’s beef packing plant in southern Alberta have voted in favour of a contract that will hike wages by 21 per cent and provide improved health benefits. “The contract is the best of its kind and presented unprecedented gains in this time of economic and political uncertainty,” United Food and Commercial Workers (UFCW) […] Read more
Cargill beef plant workers to vote on new negotiated offer
High River workers otherwise headed for strike or lockout Monday
Workers at Cargill’s major beef slaughter and packing plant in Alberta will vote this week on a new offer which it’s hoped will avert a strike or lockout, both due to start Monday. The new offer follows a “marathon” of negotiations Tuesday between Cargill representatives and the bargaining committee for United Food and Commercial Workers […] Read more
Klassen: Feeder market making seasonal lows
Surge of Canadian cattle exports expected
Compared to last week, western Canadian feeder markets were down $2-$4 on average. Prices for feeder cattle in the eastern Prairie regions were relatively unchanged from seven days earlier; however, values in Alberta and western Saskatchewan were down $4 to as much as $8 in some cases. This variation made the market hard to define. […] Read more
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