Livestock
Reading Time: 2 minutes Cattle producers will have three ways to vote on the proposed non-refundable checkoff — by mail, at their local Agriculture Financial Services Corporation office, or one of Alberta Beef Producers’ 27 fall meetings. ABP and the Alberta Cattle Feeders’ Association (ACFA) will be holding a plebiscite from Oct. 19 to Nov. 13 on their joint […] Read more
It’s decision time on beef checkoff
U.S. livestock: Hog, cattle futures lower on plentiful supplies
Chicago | Reuters — U.S. hog futures fell for the third day in a row on Wednesday, with the market under pressure from plentiful supplies, traders said. Cattle futures also closed lower, sinking to their lowest in nearly a month. Heavy rains in key production areas were spurring producers to market their animals more quickly, […] Read more
U.S. livestock: Hog futures slump on ample supplies
Chicago | Reuters — U.S. lean hog futures fell more than one per cent on Tuesday, weighed down by technical selling and expectations that supply will increase, traders said. Cattle futures were only slightly lower on the Chicago Mercantile Exchange, staying within the narrow range that has defined the trade for weeks. CME December hogs, […] Read more
It’s strange times in cattle markets – and normal seems a long ways off
Prices, feeder cattle movement, and the basis are all behaving strangely this year, says analyst
Reading Time: 4 minutes If you’re confused about the cattle market, you’re not alone — it is not behaving normally. “We’ve got some interesting things going on,” said Anne Wasko, market analyst with Gateway Livestock. “Over the last six to eight months, we’ve had feeder cattle moving north since last fall. This year, we’ve got feeder cattle going south. […] Read more
Klassen: Feeder market softens on adverse weather
Compared to last week, western Canadian feeder cattle prices were quite variable due to adverse weather. Rain and snow plagued much of the Prairies, which dictated buying behaviour. Yearlings traded within $5 on either side of unchanged; major feedlots focused on local cattle, which caused the Alberta markets to trade at a small premium to […] Read more
U.S. livestock: Lean hogs, live cattle approach seven-month highs
Chicago | Reuters — Chicago Mercantile Exchange lean hog and live cattle futures climbed to their highest prices in about seven months on Monday. Pushing cattle futures higher was optimism that cash prices will improve this week, traders said. Fed cattle in Texas and Kansas stayed mostly steady last week at about $111/cwt in the […] Read more
U.S. livestock: Lean hogs extend recovery, near six-month high
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to their highest prices in about six months on Friday on technical buying. CME October hogs reached a session high of 68.825 cents/lb., the contract’s highest price since April 19, before paring gains (all figures US$). It ended up 0.7 cent/lb., at 68.2 cents. […] Read more
Maple Leaf to buy Quebec pepperoni processor
Meat processor Maple Leaf Foods plans to boost its space in the pepperoni and dry-cured meats market with a deal for Montreal-based Viau Foods. Toronto-based Maple Leaf announced Tuesday it will pay $215 million, including $30 million in Maple Leaf shares, for Viau, which today bills itself as “Canada’s most important independent producer of pepperoni.” […] Read more
Past their best dates need to be adhered to, but they aren’t always obvious
How medications are stored matters a great deal, and manufactured feed doesn’t last forever
Reading Time: 4 minutes Modern horse keeping carries a responsibility of housekeeping that pertains to periodically reviewing the expiry dates of products routinely used in the care of the horse. Most horse owners will immediately consider the expiry dates of drugs and medications, however, there are other items that also carry expiry dates that may be even more relevant […] Read more
Upcoming cattle sale sessions just for VBP+ cattle
Reading Time: < 1 minute Two upcoming cattle sales will be devoted exclusively to Verified Beef Production Plus cattle. The buying sessions, put on by JGL Livestock, are the first time cattle procurement has been offered exclusively for VBP+ cattle. The animals will be processed at Cargill’s High River plant and are eligible for the Canadian Beef Sustainability Acceleration pilot […] Read more