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Beef cattle

Photo: Canada Beef
Beef Cattle, Beef Watch, News

Fed, feeder cattle prices in record-high range

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattle Association

By
Fed cattle found substantial tailwinds, making new record-high prices in March 2023. Feeder prices in the first quarter of 2023 are approaching the record highs from 2015. Strong cattle prices are being supported by tighter North American supplies. Following two years of drier conditions, Canadian and U.S. cattle inventories were lower to begin 2023. Fed […] Read more
CME June 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog, cattle futures fall on poor fundamental outlook

Corn prices expected to remain weak

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Chicago | Reuters — Chicago Mercantile Exchange hog futures fell on Wednesday, as poor demand for pork smothered any bargain-buying attempts to pull prices away from contract lows hit earlier this week. Cattle contracts also were lower, but the declines were kept in check by expectations that corn prices will remain weak and keep feeding […] Read more
(Andreswd/iStock/Getty Images)
General, Markets

Feds lock in higher interest-free portion on cash advances

Budget boost in effect as of Monday

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A further temporary increase to the interest-free chunk of cash advances available to Canadian farmers, as telegraphed in March’s federal budget, has now gone live. Agriculture Minister Marie-Claude Bibeau confirmed Wednesday that the interest-free limit under the Advance Payments Program (APP) for the 2023 program year is now $350,000, effective Monday (May 8). The regulatory […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Cow-Calf, Finishers, Livestock

Klassen: Feeder market remains firm on fed cattle strength

Alberta's disastrous wildfires may disrupt calf marketings

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Compared to last week, western Canadian prices for yearlings over 800 lbs. were quoted steady to $4 higher; feeders between 600-800 lbs. were relatively unchanged while calves under 600 lbs. were $5-$10 higher. The market for calves under 600 lbs. was hard to define due to limited volumes. Alberta packers were buying fed cattle on […] Read more
Plan for drought to minimize the effect on your herd
Grazing, News, News Roundup

Plan for drought to minimize the effect on your herd

News Roundup from the May 2023 issue of Canadian Cattlemen

By
Anyone farming and ranching in the Great Plains is going to have to deal with drought, so it’s best to be as prepared as possible. That was the message from Anneliese Walker at the Canadian Forage and Grasslands Association conference last fall. Walker is a Princeton, Minnesota producer who also works for Maia Grazing, which […] Read more
A macrophage (immune response) cell in early stages of infection with African swine fever virus, magnified about 1,000x. (Keith Weller photo courtesy ARS/USDA)
Livestock

MPs get assurance on Canada’s biosecurity preparedness

Canada well prepared for foreign animal diseases, officials say

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Officials from several federal agencies have reassured the public about Canada’s animal biosecurity preparedness. Witnesses from the Canadian Food Inspection Agency (CFIA), Agriculture and Agri-Food Canada (AAFC) and the Canada Border Services Agency (CBSA) spoke to MPs’ concerns about livestock diseases at a committee meeting last Wednesday afternoon. Biosecurity preparedness has been a relevant issue […] Read more
CBOT June 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures rebound on technical bounce

Chicago cattle futures firm

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures recovered from contract lows on a round of technical buying on Tuesday, traders said. Traders also noted the recent declines may spark interest in the export market. “U.S. pork has become some of the cheapest in the world and it would appear we’re indeed starting […] Read more
The deep roots in many forage plants significantly improve soil structure and soil moisture absorption and retention.
Beef Cattle, Livestock, Research

Forages offer protection from flooding

Research on the Record with Reynold Bergen

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Manitoba’s Hydrologic Forecast Centre predicted a major risk of spring flooding along the Red River a few days before this column was written. Spring floods are an annual concern in Manitoba. High precipitation, heavy soils and a flat topography mean that floodwaters can spread with devastating consequences, especially when ice jams prevent meltwater from flowing […] Read more
Photo: File
Crops, Weather

Rain, drought highlight different growing areas

Eastern Prairies to see improved rains

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MarketsFarm — Depending on which region you’re in, you could be stuck in a severe drought or facing rains that will help alleviate that dryness or push back when fields should be dry enough to begin spring planting. That’s the assessment from Drew Lerner, president and senior agricultural meteorologist at World Weather Inc. at Overland […] 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)
Livestock, Reuters, Weather

Alberta ‘crossing fingers’ for rain amid wildfires

CN mainline traffic west of Edmonton suspended

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Reuters — Firefighters were counting on rain and cooler weather forecast for Monday to help them quell a dramatic start to Alberta’s wildfire season. The province declared a state of emergency on Saturday in response to wildfires in northern and central regions that have displaced nearly 30,000 people and prompted energy producers to shut in […] Read more

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