Livestock
Compared to last week, western Canadian feeder cattle markets traded $5 to as much as $12 above week-ago levels. Alberta packers were buying fed cattle on a dressed basis in the range of $332-$335 delivered, up $5-$8 from last week. Stronger fed cattle prices and softer barley values underpinned the yearling market. Buyers were finicky […] Read more
Klassen: Calves jump on corn outlook
Softer barley values underpin yearling market
U.S. livestock: Cattle futures dip on profit-taking
Chicago lean hog futures also fall
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Monday, with a mild round of profit-taking pulling prices from eight-year highs. But concerns about tight supplies limited the selling. Hog futures also were weaker, pressured by a government report that showed robust stocks of pork. Thinly traded February live cattle futures dipped […] Read more
A bison herd has joined the Lakeland College crowd
Lakeland students won’t just be learning about production but also marketing and tech application
Reading Time: 4 minutes A herd of Alberta bison has headed off to college — and they’re a big hit with their two-footed schoolmates. “Bison are definitely cool,” said Walker Balan, who is in the agriculture technology degree program at Lakeland College. But Balan and other students who will be working with the herd — which arrived at a […] Read more
U.S. livestock: CME live cattle consolidate after hitting new contract high
Chicago lean hogs end lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures consolidated on Friday after setting a string on contract highs recently, while lean hog futures eased. The cattle market looks ripe for a correction after futures rose this month on tightening U.S. supplies, brokers said. However, cattle inventories look even smaller than expected as ranchers […] Read more
Flu experts gather with H5N1 risk on the agenda
Threat to humans from current strain seen as low
London | Reuters — The world’s leading experts on influenza met this week to discuss the threat posed to humans by a strain of H5N1 avian flu that has caused record numbers of bird deaths around the world in recent months. The group of scientists, regulators and vaccine manufacturers meets twice a year to decide […] Read more
Sollio books deeper loss for 2022
Olymel's fresh pork business takes biggest hit
Domestic and international market-moving events have dragged hard on the year-end bottom line for Sollio Cooperative Group, particularly in its fresh pork business. Quebec-based Sollio — which operates the ag input and farm service business Sollio Agriculture, meat packer Olymel and hardware retailer BMR — on Thursday reported full-year revenues of $8.876 billion for its […] Read more
U.S. livestock: CME cattle set high on Brazil halting beef exports to China
April hogs close lower, June up
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a contract high on Thursday amid hopes that Chinese importers will buy more U.S. beef after rival supplier Brazil suspended shipments to China, analysts said. Brazil said it would halt beef exports to China, the main destination for its overseas shipments, after confirming a […] Read more
U.S. livestock: CME hog futures sag as pork prices retreat
February live cattle up, April down
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed lower on Wednesday, retreating from six-week highs set a day earlier as wholesale pork prices backed down after spiking higher early in the week. Live cattle futures closed mixed, underpinned by surging beef prices. At the CME, April hogs settled down 2.55 cents at […] Read more
Brazil to halt beef exports to China after BSE case
Indications point to 'atypical' case
Sao Paulo | Reuters — Brazil’s beef exports to China will be halted starting Thursday after a case of bovine spongiform encephalopathy (BSE) was confirmed in the northern state of Para, the country’s agriculture and livestock ministry said on Wednesday. The suspension is part of an animal health pact previously agreed between China and Brazil […] Read more
Heifer exodus a year ago means smaller calf crop coming
The number of heifers being sold jumped substantially in the first half of 2022
Reading Time: < 1 minute More heifers went to market last year. “Alberta beef producers retained fewer breeding heifers for replacement in 2022, suggesting expansion is not in the immediate future,” said provincial livestock economist Ann Boyda. “The Canfax Cattle on Feed reports show a 9.4 per cent increase in heifer placement in feedlots in 2022 compared to 2021. Heifer […] Read more
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