Livestock
Compared to last week, western Canadian feeder cattle markets were down $2 to as much as $8 in some cases. A fortuitous bounce in the barley market resulted in a softer tone for replacement cattle. It appears that the Canadian barley crop will be smaller than earlier anticipated and some of the crop will likely […] Read more
Klassen: Limited harvest progress weighs on feeder cattle
U.S. livestock: Live cattle futures climb, led by firm cash trade
Chicago | Reuters — U.S. live cattle futures rose more than one per cent on Monday, with the benchmark December contract touching a 2-1/2-month top after cash cattle traded late last week about US$2/cwt higher than the previous week, traders said. The five-area average price for cash cattle last week was just above $109/cwt, according […] Read more
Federal Tories pledge to postpone new livestock transport rules
A federal Conservative government would postpone major amendments to animal health regulations dealing with livestock transport, otherwise due to come into effect in February next year. Andrew Scheer’s Conservatives on Friday released a platform promising a number of regulatory changes of interest to grain and livestock producers ahead of the federal election on Oct. 21. […] Read more
Beef webinar season starting soon
First webinar scheduled for Oct. 30
Reading Time: < 1 minute The Beef Cattle Research Council’s new webinar season is getting underway. This year’s topics range from feed testing to external parasites, and other practical, science-based information for Canadian beef producers. There are eight webinars in all and interested producers can use one registration for all eight or just the specific ones they’re interested in. The […] Read more
U.S. livestock: Hog futures up on trade progress, firm cash
Chicago | Reuters — U.S. lean hog futures rose more than one per cent on Friday, following broad strength in commodities tied to hopes for a U.S.-China trade deal, along with firm cash values for hogs and pork, analysts said. Chicago Mercantile Exchange benchmark December lean hog futures settled up 1.125 cents at 69.6 cents/lb. […] Read more
U.S. livestock: Hogs slip despite record-large pork sales to China
Chicago | Reuters — U.S. lean hog futures sagged on Thursday as the confirmation of record-large weekly pork export sales to China failed to impress traders who have been expecting a surge in demand for months. Uncertainty about when the pork will be shipped to China also kept a lid on gains, traders said. The […] Read more
Ducks Unlimited Canada goes all in to support cattle grazing
Conservation group wants public to know that cattle are key to saving grasslands
Reading Time: 2 minutes Even though they don’t walk like a duck or quack like one, the country’s leading duck organization is pretty fond of cows. “For years, the backbone of conservation in Western Canada has been our cattle-producing partners because of the need for them to have good grass and good water,” said Ducks Unlimited Canada’s Mickenzie Plemel-Stronks, […] Read more
U.S. livestock: CME lean hogs rise on China trade optimism
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday for a second straight session on hopes that U.S. trade talks with China, at a time of surging Chinese pork prices, could bolster U.S. pork exports, traders said. CME December lean hog futures settled up 2.075 cents at 69.475 cents/lb., just […] Read more
U.S. senators seek probe of JBS
Brasilia | Reuters — Two U.S. senators called on the U.S. Treasury on Tuesday to open an investigation into the world’s largest meat processing company, Brazil’s JBS S.A. , due to alleged ties with the Venezuelan government of leftist President Nicolas Maduro. President Donald Trump’s government has imposed sanctions on dozens of top Venezuelan officials […] Read more
Canadian beef exports surge in first half of 2019
Reading Time: 2 minutes Canadian beef exports and cattle slaughter numbers were up and cull prices down in the first half of the year, says a provincial livestock market analyst. “Canadian beef exports for the January to July 2019 period are $1.841 billion, up 24 per cent by value from the same period in 2018,” said Jason Wood. “Export […] Read more