Compared to last week, Western Canadian yearling prices were $2 to $4 higher while calf markets traded $2 to $4 on either side of unchanged. U.S. prices were also up $2 to $4 which lent support to Canadian domestic values. Volumes remain thin across the prairies; many producers are busy with silage operations and pasture […] Read more
Klassen: Feeder cattle market drawing attention
U.S. livestock: Live cattle futures retreat on supply concerns
Chicago | Reuters – U.S. live cattle futures opened firm on Monday but retreated from session highs on technical selling and lingering concerns about cattle supply backups in the wake of recent packing plant closures due to coronavirus infections among workers. Prices climbed at Monday’s open in reaction to Friday’s U.S. Department of Agriculture (USDA) cattle on […] Read more
A whopper of a different sort?
Burger King unveils splashy new campaign built around lemongrass, and not much science, says expert
Reading Time: 2 minutes The yodelling young cowboy is pretty good, but don’t take it for gospel when Burger King’s newest pitchman warbles that “the scientists have proven that it works.” The American burger chain recently launched (in a few U.S. cities) the Reduced Methane Emissions Beef Whopper. Burger King says it “teamed up” with “top-level” scientists from the […] Read more
Klassen: Feeder market looking firm for fall
The western Canadian feeder market was hard to define last week due to the small volumes. Small groups under 10 head were quite common and in many cases, one to three head were running through the ring. Discounts were quite severe on these stragglers; however, quality feeder cattle traded at similar levels to last week. […] Read more
U.S. beef ranchers sour on Burger King lemongrass ration
RBI arm launches '#CowsMenu' program, 'Reduced Methane' Whopper
A new U.S. sustainability campaign from one of the world’s biggest fast food chains, training its lens on beef cattle passing gas, has “disappointed” some cattle producers while also proposing its own new feedlot ration as a way to help cut emissions. Burger King, owned by Toronto-based Restaurant Brands International, on Tuesday launched the “#CowsMenu” […] Read more
Elanco Animal Health wins U.S. approval to buy Bayer unit
Elanco to shed cattle pour-on brand, others for approval
Washington | Reuters — Elanco Animal Health has won U.S. antitrust approval to buy Bayer’s animal health business on condition that it sell assets to treat three ailments, two in dogs and one in cattle, the Federal Trade Commission said on Wednesday. The deal was valued at $7.6 billion when it was announced in August […] Read more
China reports lumpy skin disease outbreaks in cattle
Beijing | Reuters — China is facing outbreaks of a debilitating virus in cattle that causes a condition called lumpy skin disease, following an incident on a farm in the eastern province of Zhejiang this week, the agriculture ministry said on Wednesday. On its website, the ministry of agriculture and rural affairs said five cases […] Read more
Klassen: Feeder market in summer mode
Set-aside program not having much effect yet on prices
Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Volumes are quite thin at this time of year, which makes the market hard to define. Steady demand surfaced on quality groups of yearlings and calves, while late stragglers and heavier-flesh feeders were severely discounted. Pasture conditions are favourable across the Prairies and […] Read more
Beef Breeds Council becomes arm of CCA
Cattle genetics body now a division of Canadian Cattlemen's Association
The market development group representing Canada’s beef cattle seedstock sector has formally merged into the Canadian Cattlemen’s Association (CCA). The association on Friday announced the Canadian Beef Breeds Council (CBBC) has officially joined the Beef Cattle Research Council and Canfax among the divisions of the CCA. The move follows a cost-benefit review by an advisory […] Read more
Klassen: Feeder cattle market searching for direction
Feedlots expecting barley prices to drop
Western Canadian feeder cattle prices continue to trade in a sideways pattern. Compared to last week, prices were quoted $2-$3 on either side of unchanged. Most auction barns were on holidays last week and arenas that did hold sales experienced limited volumes. Therefore, the market was hard to define. U.S. feeder cattle markets were steady […] Read more
Cyber-Savvy Farmer
