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Beef cattle

CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle up on firm cash, speculative buying

February lean hogs end lower

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) hit the highest in nearly three weeks on Friday, supported by firm cash cattle markets and what appeared to be speculative buying, analysts said. Most-active CME February live cattle futures settled up 0.45 cent at 155.85 cents/lb. after reaching 156.125 cents, the […] Read more
Drought expands across western Prairies
Crops, Weather

Drought expands across western Prairies

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MarketsFarm — Drought conditions expanded across Alberta and Saskatchewan in October, with very little precipitation across the agricultural regions of the two provinces since August. That’s according to the latest Canadian Drought Monitor from Agriculture and Agri-Food Canada, as of Oct. 31. At the end of that month, 72 per cent of the Prairie region […] Read more
The Fossen family, Rock Creek, B.C.
Beef Cattle, Features

Ranching in a tough environment

The Fossen family seeks to improve the environment and cut wildfire risk at their ranch in southern B.C.

By
It’s the night of the banquet at the Canadian Beef Industry Conference (CBIC) in Penticton, B.C. Cowboy hats are found sporadically throughout the room. Banquet staff have cleared supper plates, and now the crowd’s attention is focused on Duane Thompson with the Canadian Cattle Association (CCA) as he lists all the nominees for the Environmental […] Read more
File photo of steam rising from the top of a grain dryer. (Diane Kuhl/iStock/Getty Images)
General, Machinery, Weather

New farm fuel carbon tax rule to return to Commons

Further carbon pricing exemptions clear ag committee, with sunset clause added

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A bill that would exempt more farm fuels from Canada’s federal carbon pricing scheme has cleared the Commons’ ag committee and returned to the House of Commons to seek a third and final vote. C-234, a private member’s bill sponsored by southwestern Ontario Conservative MP Ben Lobb, appeared before the Commons’ standing committee on agriculture […] Read more
CME February 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle up ahead of monthly USDA report

Lean hogs mostly up in technical trading

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Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange (CME) rose on Thursday for a third straight session on steady to firmer cash cattle markets and position-squaring a day ahead of a monthly U.S. government feedlot report, analysts said. Most-active CME February live cattle futures settled up 1.15 cents at 155.4 […] Read more
The Canadian barley crop is significantly larger than last year.
Barley, Market talk, Markets

Feed barley market strengthens

Market Talk with Jerry Klassen

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Statistics Canada’s August model-based crop estimate came in at 9.4 million tonnes, up from the 2021 output of seven million tonnes and up marginally from the five-year average of 9.2 million tonnes. Supplies are sharply higher than last year but the domestic feed market has rallied nearly $60/tonne from the pre-harvest lows. What is going […] Read more
CME February 2023 live cattle with 20- and 200-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle, lean hog futures end higher

Grain values' slip spurs buying

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) ended higher on Wednesday as expectations of tightening cattle supplies and a setback in grain prices sparked a round of buying, traders said. The most-active CME live cattle futures, for February delivery, settled up 1.2 cents at 154.25 cents/lb., a day after […] Read more
Livestock, Reuters

At least 12 killed in Nigeria attack over farmland

Gunmen appear in village in north

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Abuja | Reuters — Gunmen have killed at least 12 people in an attack on a village in the northern Nigerian state of Plateau, residents and the state governor said on Wednesday, the latest deadly incident fuelled by growing pressure on land resources in the country. Violence between farmers and pastoralists has become increasingly common […] Read more
Canada’s beef cow inventory has declined for the third consecutive year and is at its lowest since 2015.
Beef Cattle, Beef Watch, News

Canadian cattle numbers see significant drop, strong demand for beef continues

Prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen’s Association

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Canada’s cattle inventory declined in 2022, with cows and heifers for beef replacement down substantially. Concerns about a second year of drought across the Prairies pushed more heifers into feedlots early in 2022. Prices for fed and non-fed Canadian cattle maintained their upward price momentum from spring to summer on a tight supply outlook, as […] Read more
Andre Fortin, shown here at right in September at a community fair at Shawville, Que., about 75 km northwest of Ottawa, is the Quebec Liberals’ new critic for agriculture and health. (Andre Fortin via Facebook)
General

Quebec Liberals’ new ag critic to also handle health file

Fortin to also handle regional development, forestry

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A quick re-shuffling of shadow cabinet responsibilities will see the agriculture critic for Quebec’s provincial opposition Liberals now also handle the health file. The Liberals’ interim leader Marc Tanguay — who took over after the Nov. 7 resignation of Dominique Anglade following the Oct. 3 general election — announced Tuesday that Andre Fortin, the party’s […] Read more

Canadian Cattlemen Presents: Depth of Field

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