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Beef cattle

(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Alberta fed cattle lead feeder market higher

Traders expecting more barley acres this year

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Compared to last week, western Canadian yearling markets traded $3-$5 higher while calf prices advanced $1-$3 on average. Alberta packers were buying fed cattle on a dressed basis of $360/cwt last week, up $3-$10 from a week earlier. Using a 60 per cent grading, live prices would be equivalent to $216. Feeding margins have improved […] Read more
CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle down off highs on profit-taking

Hogs continue mixed on U.S. farrowing intentions

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Monday as profit-taking dragged prices down after the market set new contract highs, traders said. CME June live cattle ended down 0.9 cent at 161.225 cents/lb., after reaching a high of 162.525 cents/lb. (all figures US$). That exceeded Friday’s high of 162.175 cents/lb. […] Read more
Cows on a Grunthal, Man. dairy farm. (Manitoba Co-operator photo by Geralyn Wichers)
Dairy Cattle, Livestock

Continuous tie-stall housing to be phased out in new dairy code of practice

Producer, animal welfare groups praise new code; some drawbacks were noted

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New guidelines for dairy cattle care will improve animal welfare while also potentially increasing farm productivity, Dairy Farmers of Canada says. “I think that we’ve come to a very solid revised code,” David Wiens, DFC’s vice-president, said in an interview. The National Farm Animal Care Council (NFACC) on Thursday released its revised Code of Practice […] Read more
CME July 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs up in deferred months

USDA report fuels supply uncertainty; cattle up on cash strength

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose in deferred contracts on Friday on U.S. producers’ plans for fewer sows to farrow, analysts said. Producers intend to have 2.93 million sows farrow, or give birth, from March to May, down one per cent from actual farrowings a year earlier, the U.S. Department […] Read more
(ALLEKO/iStock/Getty Images)
Livestock, Markets

Beef sector rips ‘unjust’ result as talks wrap on U.K. entry to CPTPP

Dairy sector calls for 'vigilant' enforcement on British imports

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Negotiations have concluded for the United Kingdom to join Canada and its 10 partner nations in the Trans-Pacific Partnership (CPTPP) trade pact, with Canada’s beef cattle sector already calling the results “fundamentally unjust.” Federal Trade Minster Mary Ng on Thursday announced the conclusion of negotiations, making the U.K. the first accession applicant to reach that […] Read more
Graphic: Courtesy Canadian Beef Cattle Check-Off Agency

Beef Cattle, Features

Canadian beef check-off pays off

A look at the formation of Canada’s unique check-off program and the activities it funds

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Canada’s ability to attract buyers such as McDonald’s to its beef products can be attributed to producers themselves funding research, marketing and public outreach through check-off dollars. “We realized that, if we were going to be a world-class producer of high-quality beef, and continue to grow, we needed to make an investment in research and […] Read more
CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle set contract high as cash prices jump

USDA sees hog farrowing intentions down on year

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Thursday, with the front-month contract setting a new high, as cash prices climbed. Cash cattle trades of around $170-$171/cwt in western Nebraska and around $172/cwt in northwest Iowa ignited the rally in futures, analysts said (all figures US$). Cash prices were up about […] Read more
A big question is where these new processing plants, if they open, will get their cattle from.
Markets, Prime cuts

New processing plant pipe dreams

Prime Cuts with Steve Kay

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Who doesn’t dream of building a new, state-of-the-art beef processing plant? As it happens, plenty of people in the U.S. do. Spurred by the perceived lack of slaughter capacity during the worst of the COVID pandemic, more than seven new groups over the past 18 months announced plans to build a plant. There’s one huge […] Read more
(Fentino/E+/Getty Images)
General, Machinery, Weather

Carbon price exemption for farm gas clears Commons

Bill C-234 next headed to Senate

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Legislative amendments that would exempt farmers’ eligible purchases of natural gas and propane from federal carbon pricing are now en route to Canada’s Senate. Bill C-234, a private member’s bill sponsored by Ben Lobb, the Conservative MP for the southern Ontario riding of Huron-Bruce, passed third reading for adoption in the House of Commons on […] Read more
CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle hit three-week peak on tightening U.S. supply

Weak cash prices drag on hog futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures marched to a three-week high on Wednesday on expectations for tighter U.S. supplies, analysts said. Feeder cattle futures also advanced, while lean hogs softened. Technical buying helped support live cattle, analysts said, after a drop near eight-week lows last week was seen as overdone. The […] Read more

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