Livestock
Western Canadian feeder cattle markets were unchanged from week-ago levels. Larger pre-sort calf sales were held across the prairies. Buying interest was barely sufficient to support the market at the current levels. The risk tolerance shifted from medium to low this past week. Discounts appeared to be more severe on unweaned and unvaccinated calves. Colder […] Read more
Klassen: Feeder cattle market consolidation continues
U.S. livestock: Live cattle futures firm on strong cash market, rising beef prices
Chicago | Reuters – U.S. live cattle futures firmed on Friday, supported by strong cash feedlot cattle and beef prices and robust packer profit margins. The market posted a modest decline for the week after eight straight weeks of gains, but prices remain near six-month peaks reached after the two-month rally took futures up by […] Read more
China reshapes global meat markets as swine fever rages
London | Beijing | Reuters – China is scouring the world for meat to replace the millions of pigs killed by African swine fever (ASF), boosting prices, business and profits for European and South American meatpackers as it re-shapes global markets for pork, beef and chicken. The European Union, the world’s second largest pork producer […] Read more
U.S. livestock: Hog futures rise on hopes for Chinese pork import tariff rollback
Chicago | Reuters – U.S. lean hog futures closed mostly higher on Thursday on renewed hopes for accelerated U.S. pork sales to China after officials from both countries said an interim trade deal could include a phased rollback of tariffs. The hog market has been highly sensitive to any signs of easing trade tensions between […] Read more
China’s pork output to fall by at least 20 percent in 2019: FAO
Paris | Reuters – African swine fever (ASF) will cut pork output in China, the world’s largest producer, by at least 20 percent in 2019, the United Nations’ food agency said on Thursday, doubling the decline it had expected six months ago. The disease has slashed China’s hog herd since August 2018, pushing Chinese pork […] Read more
Feedlots to be put to the test — and that’s what they want
Thwarting resistance and reassuring consumers behind antimicrobial monitoring
Reading Time: 5 minutes A new pilot project will give Canada’s cattle industry some long-overdue and much-needed data about antimicrobial use and resistance on Canadian beef farms. “Antibiotic resistance is a really, really big deal, both for human and animal health,” said Reynold Bergen, science director for the Beef Cattle Research Council. “If bugs get resistant to antibiotics, the […] Read more
U.S. livestock: Lean hog futures retreat as interim China trade deal delayed
Chicago | Reuters – U.S. lean hog futures retreated on Wednesday, surrendering nearly all of the prior session’s strong gains on worries about U.S. pork exports to China after a senior White House official said a “phase one” trade deal with the world’s top pork consumer could be delayed. The delay followed news that Canada […] Read more
Harvest woes increase supply of alternative feeds
Prices are down and depending on the region, availability is up — but you need to do the math
Reading Time: 2 minutes Hay costs vary significantly this year, with prices in some areas with short supplies nearly double those in areas with adequate supplies. On the other hand, there could be numerous options for alternate winter feeds this year as some crops originally intended for grain are being harvested as feed. Alberta feed barley prices have dropped […] Read more
New general manager for Alberta Milk
Reading Time: < 1 minute Freda Molenkamp-Oudman will be the new general manager of Alberta Milk. On Dec. 1, the former assistant deputy minister with Alberta Agriculture and Forestry will take over from Mike Southwood, who is retiring after 19 years with the organization. Molenkamp-Oudman has also been the general manager of the Alberta Agriculture Products Marketing Council, the oversight […] Read more
Having a national strategy is working, say beef leaders
Sustainable beef effort, more funding, and greater industry co-operation cited as examples of progress
Reading Time: 3 minutes Having a national beef strategy has paid dividends and that’s why the sector has revised and updated it, say beef leaders. “This is an ongoing plan for the industry,” said Anne Wasko, chair of the Canadian Roundtable for Sustainable Beef, one of seven groups behind the strategy. “The vision of the national beef strategy is […] Read more