Ontario’s beef industry was already in the midst of an economic crisis, but COVID-19 is worsening the financial toll on the province’s cattle feeders. Due to extremely limited processing plant capacity, an uncompetitive market and disruptions to trade and market access, Ontario’s beef industry was losing an average of more than $2 million per week […] Read more
COVID-19 strains already-battered Ontario beef industry
Limited processing capacity remains financial challenge for province's feedlot sector, despite recent increase in retail demand
Feed weekly outlook: Firm undertone to Prairie grains
MarketsFarm — Solid demand from cattle feeders and ongoing logistic issues across the Prairies should keep a firm undertone in the feed grain market for the time being, according to an Alberta broker. “The feed market has definitely moved higher,” said Brandon Motz of CorNine Commodities at Lacombe, Alta., adding “demand is strong through feedlot […] Read more
Alberta cattle producers vote to keep refundable checkoff
Preliminary results in Alberta beef producers’ service charge plebiscite put a slim majority in favour of keeping their checkoff refundable. Out of 1,874 votes cast, 962 votes, or 51.3 per cent, fell in favour of a refundable service charge model, with 908 for a non-refundable model and four ballots spoiled, according to the preliminary figures […] Read more
New CEO for cattle feeders’ associations
Reading Time: < 1 minute Janice Tranberg is the new president and CEO of both Alberta Cattle Feeders’ Association and National Cattle Feeders’ Association. Tranberg takes over from Bryan Walton, who is retiring early in the new year. She most recently served as the executive director for Sask-Canola and prior to that was assistant deputy agriculture minister in Saskatchewan. Tranberg […] Read more
Klassen: Feeder cattle market stabilizes
Western Canadian feeder cattle markets were unchanged from week-ago levels. Favourable weather conditions enhanced buying interest from cattle feeders in Feedlot Alley; however, cattle-on-feed inventories in Alberta and Saskatchewan are running 16 per cent above year-ago levels. Pen space remains at a premium due to limited capacity. County permit fees and added regulations have also […] Read more
Klassen: Feeder market lacks demand in new tax year
Compared to last week, western Canadian feeder cattle traded $8-$10 lower while U.S. prices were also down $5-$10 from week-ago levels. The feeder market appeared to short-circuit after I thought the market was charged to move higher in last week’s report. Feedlot operators and cattle feeders saturated their demand prior to the New Year and […] Read more
Klassen: Narrow margins weigh on feeder market
Western Canadian feeder cattle prices were under pressure the week ending Sept. 19, trading $5 to as much as $10 lower compared to seven days earlier. Negative feeding margins along with a major selloff in live cattle futures destroyed the buying enthusiasm that was evident earlier in August. Feedlot operators appeared to be in disarray, […] Read more
Feed barley bids rangebound in Western Canada
CNS Canada –– Prairie feed barley prices continue to hang tough in March, locked into a range established early this year. “We’re seeing a lot of bids in and around $205” per tonne, said Allen Pirness, a trader for Market Place Commodities at Lethbridge. Bids had been hitting around $210 per tonne, for example, on […] Read more
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