Reading Time: 4 minutes Producers who were forced to cull their herds during last year’s drought may need years to rebuild their herds back to pre-drought levels. “When the drought hit last summer, one of the questions that came up was what if guys had to cull really hard,” said Brenna Grant, executive director of Canfax. “Every operation has […] Read more
Be strategic when rebuilding your cattle herd following drought
Rebuilding your herd with your own heifers will be the best option for most operations
It’s the Oscars of beef research
Reading Time: < 1 minute Know a great researcher who has helped move the cattle sector forward? The Beef Cattle Research Council is looking for nominations for the Canadian Beef Industry Award for Outstanding Research and Innovation. The award recognizes contributions in a host of areas such as animal health and welfare, environmental stewardship, feed efficiency, and forage production. Anyone […] Read more
Klassen: Feeder market showing strength in deferred positions
Compared to last week, western Canadian yearling prices were $3-$5 lower on average while calves traded steady to $4 lower. Outside central Alberta, the steer-heifer spread appeared to widen by $2-$4. Strength in corn futures contributed to the defensive tone. Feedlot operators buying hand-to-mouth have been caught off guard with the recent jump in feed […] Read more
Klassen: Feeder cattle market experiences volatility
Compared to last week, western Canadian yearling markets traded $2 higher to as much as $5 lower depending on the region. Mid-weight calves weighing 650-800 lbs. were relatively unchanged while lighter weight calves were steady to $3 higher on average. June live cattle are off $9 from their mid-February highs while the December 2022 live […] Read more
JBS to help fund home purchases for Brooks staff
Company offering zero-interest loans for down payments
One of the biggest beef packers operating in Canada is pledging $1.7 million for a one-year pilot program to help employees buy or upgrade homes. JBS Foods Canada, which operates Brazilian meat packer JBS’s plant at Brooks, Alta., on Tuesday announced the launch of what it calls the “Homebuyer Dream Fund,” providing zero-interest loans to […] Read more
JBS reaches ‘icebreaker’ settlement of beef price-fixing claims
Reuters — JBS has agreed to pay US$52.5 million to settle litigation accusing meatpacking companies of conspiring to limit supply in the $63 billion-a-year U.S. beef market in order to inflate prices and boost profit. The preliminary settlement by the Brazilian company and its U.S. units with so-called direct purchasers was disclosed on Tuesday, and […] Read more
Klassen: Feeder market establishes short-term stability
Compared to last week, western Canadian feeder cattle traded $2-$4 on either side of unchanged. Steady demand was noted on 800-plus-pound cattle, but calves and lighter weights experienced softer buying interest. Favourable weather and optimal pen conditions along with firmer live cattle futures supported the yearling market. Imports of U.S. corn continue to run 10-14 […] Read more
Transport strains pile on drought-induced feed shortages
Importing U.S. corn not cheap
Winnipeg | Reuters — Canadian farmers say they are just days away from running out of feed for cattle, due to severe drought last summer damaging crops needed to fatten them over winter and transportation bottlenecks. The drought devastated Prairie pastures and has now forced feedlots in Alberta, the main cattle-producing province, to buy more […] Read more
U.S. livestock: Hog slaughter hits five-month low on Omicron spread
CME hogs up, cattle down
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on bargain buying on Wednesday, traders said, though U.S. pig slaughtering sank to its lowest level since August as rising cases of the Omicron coronavirus variant hit meat plants. Live cattle and feeder cattle futures slumped as traders remain concerned that the highly contagious […] Read more
Grass-fed beef: The premiums are there but so is the work
It takes longer to get paid, and marketing and delivery will be critical to your success
Reading Time: 4 minutes It’s not for everyone, but raising grass-fed beef can bring returns that conventional cow-calf producers can only dream about. “Someone can make a living off 70 head of grass-fed beef easily — or even 50,” said Ben Campbell, who raises both grass-fed and conventional cattle near Black Diamond. “Where if you produce 50 calves a […] Read more
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