Beef cattle
U.S. livestock: Chicago hogs turn upward
Cattle futures down on day
Chicago Mercantile Exchange (CME) lean hog futures turned solidly upward Tuesday, a day after most trading months except October booked declines. October lean hogs closed Tuesday at 84.85 cents/lb., up 1.6 cents from Monday, while December closed at 76.25 cents, up 1.825 cents on the day (all figures US$). October hogs had dipped below 82 […] Read more
Junior Gelbvieh members gather in Swift Current
Purely Purebred, news from the September 2023 issue of Canadian Cattlemen
The Canadian National Junior Gelbvieh show was held in Swift Current, Sask., from July 27-29. Fifty-one juniors participated in a range of activities and showed 70 head of Gelbvieh and Gelbvieh-influenced cattle. Activities included Cow Camp for the five and under participants, team grooming, “Talkin’ the Block”, 3-D art displays, “Keep and Cull” judging, showmanship, […] Read more
Using byproduct feeds to influence profitability of backgrounded calves
Nutrition with John McKinnon
In my last column, I wrote about some of the challenges facing producers who background cattle, both from a marketing and production perspective. Concerning marketing, emphasis was placed on differences between custom and owner-operated businesses. From a production perspective, both knowledge of cost of production and identifying goals of the nutrition program were stressed. Concerning […] Read more
Klassen: Stronger live cattle futures enhance feeder demand
Feeder cattle supplies look to be lower than anticipated
Compared to last week, western Canadian grass yearling prices were unchanged to $3/cwt lower on average. Steers held value but heifers had a softer tone. Calf prices were relatively unchanged from seven days earlier. However, weaker barley prices and stronger deferred live cattle prices limited any slippage. The calf market continues to be in price […] Read more
Major grocery chains agree to help stabilize prices, feds say
Any moves must not undercut farmgate prices, government warns
Ottawa | Reuters — Canada’s five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks to address an issue that is hurting the ruling Liberals. Innovation Minister Francois-Philippe Champagne made the announcement after two hours of what he said were […] Read more
Keeping foot-and-mouth disease out of Canada
Travelling to a country with cases of foot-and-mouth? Here’s what you need to know before you come home
What foreign animal diseases are we most concerned about entering Canada? You’ve probably heard a lot about African swine fever lately. Before 2022, highly pathogenic avian influenza was high on the list. African swine fever has the potential to decimate the Canadian pork industry and avian influenza has already wreaked havoc on the poultry industry. […] Read more
Hurricane Lee churns toward New England, Eastern Canada
Nova Scotia may see storm surge up to three feet
Reuters — Hurricane Lee barreled across the North Atlantic toward New England and Eastern Canada on Friday, threatening to bring drenching rains, powerful winds and a life-threatening storm surge to the region over the weekend. Lee is expected to weaken into a strong tropical storm before making landfall in southwestern Nova Scotia as a strong […] Read more
U.S. livestock: CME cattle touch contract highs on cash prices, tight supplies
Lean hogs mixed in technical trading
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures scaled to life-of-contract highs on Friday on firmer cash market prices and tight supplies of market-ready animals, traders said. Feeder cattle futures also posted contract highs across the board, drawing additional support from weaker feed corn prices. Feedlot cattle in the central and southern U.S. […] Read more
Auction mart report for week of Sept. 15, 2023
Regional market analysis from Manitoba, courtesy of the Livestock Markets Association of Canada members.
Northern Man. | Southern Man. Northern Manitoba, courtesy of Ste. Rose Auction Mart With the combines, swathers, grain trucks, and tractors moving in every direction, marketing cattle seems to be the last thing on people’s minds. But after today’s market report, some producers might halt production and send some calves to town, as these wet-nosed […] Read more
Canadian fed cattle supplies tighten, herd liquidation continues
The Markets with Deb McMillin, from the September 26, 2023 issue of Canadian Cattlemen
Fed cattle The fed cattle market leading up to the Labour Day weekend saw some seasonal pressure. Demand softens towards summer’s end and typically longer-fed, heavier cattle are moving through the system. August ended with an average of $231.76/cwt, which is just six per cent behind the 2023 annual high. The last two weeks of […] Read more