Alberta has boosted the limit on the size of loan available under its Feeder Associations Loan Guarantee program, aiming to help producers keep up against rising livestock prices. An order in council amending the provincial Feeder Associations Guarantee Regulation was approved Monday, raising that program’s individual and joint-membership loan limit to $3 million, from $2 […] Read more
Alberta lifts feeder loan guarantee limit
Amendment boosts individual limit by 50 per cent
U.S. livestock: CME hogs rally as pork prices rise
August live cattle touch new contract high
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Tuesday, bouncing after a three-session slide as wholesale pork prices rose and cash hog prices firmed, traders said, while tight cattle supplies sent futures to life-of-contract highs. CME August lean hogs settled up 3.4 cents at 97.575 cents/lb., and the October contract […] Read more
Pork sector calls for essential service status amid B.C. port strike
Council says pork should receive same consideration as grains
Leaders in Canada’s pork sector are calling on the federal government to give perishable agriculture products the same consideration and protection as grain. The call comes as a longshore workers’ strike at British Columbia’s West Coast ports nears its second week, blocking the shipment of Canadian meat and most other exports. Canadian Pork Council (CPC) […] Read more
Forage U-Pick: The Tinder for forages?
Online forage tool expands nationwide
Reading Time: 4 minutes A hard-working rancher in central Alberta seeks a sturdy native grass ideally suited for mob grazing and a long-lasting stand. That might seem like something from an online dating profile but it’s more likely to be a query for a newly expanded matchmaking site that aims to connect beef producers with the perfect forage. Since […] Read more
Klassen: Feeder market consolidates at historical highs
Higher borrowing costs offset lower feed prices
For the week ending Saturday, western Canadian yearling steer prices were quoted $2-$4 higher; yearling heifers traded $2 higher to $5 lower. Calves were relatively unchanged although volumes were limited. Larger groups of quality genetics were well bid while second tier cattle were marginally discounted off the highs. Some ranches are liquidating yearlings about one […] Read more
U.S. livestock: CME cattle end higher on firm cash values
Hogs settle lower off recent highs
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended modestly higher on Monday on follow-though buying from Friday and carry-over strength from last week’s strong cash cattle market. Cash cattle traded late last week as high as $184-$185 per hundredweight (cwt) in northern feedlot areas, traders said, up from sales of around $178-$182 […] Read more
Federal bill aims to tighten biosecurity and trespass protections
Bill C-275, with adds fines for organizations that encourage trespassing in livestock zones, is making its way through the House of Commons
Reading Time: 3 minutes Second time lucky is the hope for a federal private member’s bill that would strengthen biosecurity on farms through the Health of Animals Act. Bill C-275 would make it an offence to enter a place where animals are kept, without lawful authority or excuse, if doing so could result in a biosecurity risk. “Simply put, […] Read more
U.S. livestock: CME live cattle climb on firmer cash market
Hogs down on technical selling
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday on tight fed cattle supplies and higher cash market sales in the central U.S. Plains and western Midwest, traders said. Beef packers were in need of cattle to fill near-term operations, including a large Saturday slaughter and a full week of production […] Read more
U.S. livestock: CME live cattle ease on weak cash market
Lean hog futures mostly higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined on Thursday as a weak tone to the cash market and worries about slowing beef demand weighed on prices, traders said. Livestock traders were monitoring cash market activity at Plains feedlots, where fed cattle were lightly bid at $178/cwt, below the bulk of cash […] Read more
The meat of the matter: Another way to look at environmental metrics
Protein density and ecosystem impacts make meat competitive with grains, says researchers
Reading Time: 4 minutes Glacier FarmMedia – When attempting to get an accurate gauge of global food security and protein sufficiency, metrics matter. The food sufficiency metric must reflect what each type of food production supplies, including environmental benefits, social structures or sustainability credentials, said Vaughn Holder, ruminant research director with Kentucky-based nutrition company Alltech. “The metrics are important […] Read more
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