Livestock
Reading Time: 3 minutes Glacier FarmMedia – Canadian beekeepers are about to have the first vaccine for their stock. “It’s very exciting,” said Canadian Honey Council hive health specialist Osee Podolsky. The new vaccine targets American foulbrood, a spore-producing bacterial disease that gets its name from the unpleasant smell in infected hives. The disease is serious enough that standard […] Read more
American foulbrood vaccine gets green light for Canadian beekeepers
Producers will be able to get the vaccine in spring 2024
Province blames feds for limits to new beef program
Only approved municipalities will benefit from new CADLA program, raising producer ire
Reading Time: 3 minutes The provincial government is blaming the feds for a controversial condition in a new risk management program aimed at beef producers. The recently-announced Canada-Alberta Drought Livestock Assistance (CADLA) program has raised the ire of beef producers across Alberta. They’re unhappy that only growers in certain municipalities (mostly in the northwest and southern ends of the […] Read more
U.S. livestock: Cattle futures sink to May lows
CME December hogs continue higher
Chicago | Reuters — U.S. cattle futures sank to their lowest prices since May on Tuesday on fund liquidation and profit-taking, traders said. Follow-through selling pressured the markets after losses on Monday, along with softer boxed beef prices, traders said. The U.S. Department of Agriculture priced choice cuts of beef at $300.38/cwt, down $1.34 from […] Read more
Klassen: Buyers contemplate feeder market prices
In adverse weather, sale results vary
Compared to last week, western Canadian yearling markets traded $3-$5/cwt lower on average although limited numbers made the market hard to define. Calf markets traded $4-$8/cwt on either side of unchanged. It appeared that 700-plus-lb. calves were up $4 to as much as $8. The variation in the price structure was due to the adverse […] Read more
U.S. livestock: CME cattle slide on concerns over beef demand
Chicago December lean hogs settle higher
Chicago | Reuters — Live cattle futures dropped to their lowest level in more than a week at the Chicago Mercantile Exchange on Monday on concerns about the risk for easing demand for U.S. beef. Feeder cattle futures also declined, while lean hog futures ended higher. Lower-than-expected cash cattle prices last week contributed to uncertainty […] Read more
U.S. livestock: CME hog, cattle futures down on profit-taking
Cash hog values seen softer
Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures closed lower on Friday, retreating on a round of profit-taking after the benchmark December contract rose to its highest level in a month. Soft cash hog values, weaker wholesale pork prices and a large weekly hog slaughter added to bearish sentiment. “We’ve had a pretty […] Read more
U.S. livestock: CME cattle, hogs soar as U.S. Fed piques investors’ risk appetite
Beef, pork export sales above four-week average
Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle and hog futures rose on Thursday following broad strength in Wall Street equities, crude oil and other commodities, as investors’ risk appetite increased a day after the U.S. Federal Reserve kept benchmark interest rates on hold. “The emphasis is really from the ‘risk-on’ macro play, driven […] Read more
U.S. livestock: CME cattle firm on cash market optimism
Lean hog futures end lower
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures closed modestly higher on Wednesday, with the benchmark December contract extending its rebound from a four-month low set last week, buoyed by technical buying and expectations of rising cash cattle prices. Sellers in the Kansas and Texas cash markets were offering slaughter-ready cattle as […] Read more
Farmgate milk price hike delayed to May
Stakeholders say increase should be postponed amid food inflation concerns
The farmgate price of milk will go up May 1, 2024, rather than Feb. 1, after a review of the national pricing formula and consultation with stakeholders. The increase will be 1.77 per cent, or about 1.5 cents per litre for milk going into processing plants, the Canadian Dairy Commission said Wednesday. The commission had […] Read more
ABP delegate nominations open for 2024
Nomination forms must be submitted by Nov. 15
Reading Time: < 1 minute Alberta Beef Producers’ delegate nominations are now open, with two-year positions available in all five zones and one-year positions available in central, northwest, and southeast zones. Delegates represent the needs and ideas of producers in their local area and keep them informed on the latest from ABP. Nominees should be passionate about Alberta’s beef industry, […] Read more