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Beef cattle

CCA reports: Supply management bill, cultivated protein, traceability regs all on CCA’s plate
CCA reports, News

CCA reports: Supply management bill, cultivated protein, traceability regs all on CCA’s plate

From the August 2023 issue of Canadian Cattlemen

By
The effect of extreme weather remains the focus of many conversations among cattle producers across Canada. Dry conditions, heat and too much rain in my home region are making for another challenging year, coupled with rising input costs due to inflation. The Canadian Cattle Association (CCA) is monitoring the situation at the local level through […] Read more
File photo of an Ontario cherry orchard. (UpdogDesigns/iStock/Getty Images)
General

Pilot plan to cut red tape for reliable TFW employers

Farm employers can apply starting next month

By ,
Canada’s temporary foreign worker (TFW) program is set to give farms a head start in an express lane expected to cut the annual paperwork for that program’s most “trusted employers.” Federal Employment and Workforce Development Minister Randy Boissonault last week launched a three-year pilot meant to “help to address labour shortages and reduce the administrative […] Read more
CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle set two-week low

Lean hogs touch June low

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stumbled to their lowest level in more than two weeks on Wednesday, while lean hogs hit their lowest price since June. Drought prompted U.S. cattle producers to reduce their herds since last year by driving up feed costs and reducing the amount of pasture available […] Read more
cow and calf
Livestock, Nutrition

Production targets influencing profitability of backgrounded calves

Nutrition with John McKinnon

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When beef producers discuss marketing, pricing often comes to the forefront of the discussion. To be current with market trends, astute producers will gather as much information on pricing as possible including working with marketing specialists, following the futures market and using various risk management strategies including price insurance. While it is hard to argue […] Read more
CME October 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Technical selling extends setback in CME lean hogs

Live cattle futures generally sideways

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Chicago | Reuters — Chart-based selling drove Chicago Mercantile Exchange lean hog futures lower on Tuesday, brokers said, as the market extended a recent setback. Most-active October lean hog futures fell 0.95 cent, or 1.2 per cent, to settle at 78.2 cents/lb. and touched their lowest price since July 3 (all figures US$). The contract […] Read more
“…putting in these really strict hours of service regulations has handcuffed the trucking industry and the markets, especially in the fall run. I don’t know how we’re ever going to get all the cattle moved.” – Rick Wright, Livestock Markets Association of Canada.
Livestock, News, Transportation

Electronic logs in trucking industry raise concerns for fall cattle run

A shortage of drivers combined with regulations around rest times could add up to complications for truckers and auction marts this fall

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Truck drivers have always travelled for long hours — especially when hauling livestock over the prairie or into the boreal forest of northern Ontario to their destination. Such trips illustrate the tricky balance between ensuring drivers get enough rest, yet complete the trip as quickly as possible for the sake of the animals they’re hauling. […] Read more
(Geralyn Wichers file photo)
Finishers, Livestock, Markets

Klassen: Feeder market consolidates

USDA report considered supportive for Q4 fed cattle

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Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. The steam appears to be coming off the market as larger volumes become available. Pastures have basically dried up in many areas of Western Canada, which has spurred on producer selling. The calf market was hard to define due to […] Read more
Smoke rises from a wildfire near Wildwood, Alta., about 100 km west of Edmonton, on May 5, 2023. (Photo: Alberta Wildfire/Handout via Reuters)
General, Markets, Weather

Alberta farmers granted late AgriStability entry

Enrolment deadline now Sept. 29

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Any Alberta producers who were considering AgriStability — but only in hindsight — for the income stabilization plan’s 2023 program year now have until Sept. 29 to apply. Ottawa and the province announced Aug. 4 that they’ve reopened the jointly-funded program, as wildfires and/or “extremely dry” growing conditions have dragged on many Alberta producers’ work […] Read more
JBS signage at Greeley, Colorado. (JBS.com.br)
Beef Cattle, Livestock, Markets, Reuters

JBS posts quarterly loss on tight U.S. beef margins

'Greater balance' forecasted for global chicken supply

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Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for its beef business in the U.S., where it gets most of its sales. JBS reported a net loss of 263.6 million reais (C$73.8 million), the […] Read more

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