
Beef cattle

Auction mart report for week of Sept. 8, 2023
Regional market analysis from Manitoba and Western Canada, courtesy of the Livestock Markets Association of Canada members.
Western Canada | Northern Man. | Western Man. Western Canada, courtesy of the Livestock Market Association of Canada The fall yearling run in Western Canada was in full swing this week with seasonal volumes on offer.Markets in Manitoba and eastern Saskatchewan reported record prices for feeders off the grass. At those markets, orders from Ontario […] Read more

Canadian company to launch anaesthetic-infused castration bands
Solvet’s new castration bands will release lidocaine slowly, providing long-term pain relief for animals during and after castration
Journalists pack the room at Solvet’s operations in Calgary, Alta., hands in the air as they pepper Anders Olson with questions. A table holds Gatorade and donuts for the media tour, part of the International Federation of Agricultural Journalists Congress held in Olds, Alta., this summer. Anders Olson, product manager and sales support for the […] Read more

U.S. livestock: CME feeder cattle set contract high, live cattle hit July high
Hogs up but within yesterday's range
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to a July high on Thursday while feeder cattle set new contract highs. Tight supplies continue to support the markets, analysts said, after U.S. producers reduced their cattle herds over the last year as drought limited the availability of pastures for grazing. October live […] Read more

Prairie Forecast: Summer trying to hang on
Issued Sept. 6, covering Sept. 6 to 13
The weather models seem to be in good agreement for this forecast period, with no strong storm systems expected to impact the Prairies, making for a fairly high-confidence forecast. This forecast period will start off with a generally west to southwesterly flow across the Prairies. A broad but weak area of low pressure is expected […] Read more

Beef demand remains resilient
Prime Cuts with Steve Kay
Beef demand remained remarkably resilient this summer in the U.S., despite record-high retail prices and much cheaper competing meats. The question that I posed in my June column of how demand would hold up has so far been answered with a “better than expected.” But demand continues to face challenges, not just for consumers but […] Read more

U.S. livestock: CME live cattle rally near four-week high
October hogs touch lowest in a week
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Wednesday to their highest level in nearly four weeks, while feeder cattle also stormed higher. U.S. cattle supplies are tight as drought reduced the amount of pasture available for grazing and drove producers to send more cattle to slaughter over the last year. […] Read more

Rest of September to be warmer than normal for Prairies
Southern Prairies to remain drier than normal
MarketsFarm — As summer turns to autumn on the Canadian Prairies, the weather outlook for the rest of September is for temperatures to be warmer than normal, according to Scott Kehler, chief scientist for Weatherlogics. One of the factors in those forthcoming temperatures is the El Niño that has been developing over the last several […] Read more

Production uncertainty drives feed grain markets
Market Talk with Jerry Klassen
Barley and corn prices have been extremely volatile over the past month. Large regions of Western Canada are experiencing drought-like conditions. At the same time, crop ratings for the U.S. corn crop reflect yield uncertainty in the Midwest. I’ve received many inquiries from feedlot operators and cow-calf producers regarding the price outlook for corn and […] Read more

U.S. livestock: CME lean hogs near one-month high on export outlook
CME cattle futures close lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures neared a one-month high on Tuesday on expectations for increased U.S. pork exports and tightening supplies. Demand for U.S. pork is benefiting as high pig prices in Europe cause global importers to shift some business to the United States, where pig prices have been weak, […] Read more

Comment: Beware Trojan cows
You’ve probably read the story of the Siege of Troy, or at least watched the movie with Brad Pitt. If not, here is a summary: Queen Helen of Sparta absconded with or was abducted by Paris. They sailed back to his hometown of Troy. Her husband, King Menelaus, was displeased and roped his friends Odysseus […] Read more