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Beef cattle

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

U.S. livestock: CME feeder cattle near one-month low as corn jumps

Hogs up on China demand optimism

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures neared a one-month low on Tuesday as rising grain prices signaled risks for increased costs for livestock feed, brokers said. Unconfirmed reports that Russian missiles crossed into NATO member Poland fueled gains in corn, wheat and soy futures as traders worried about escalating geopolitical tensions. […] Read more
Olds Fall Classic show results
News, Purely Purebred

Olds Fall Classic show results

Purely Purebred, news from the November 2022 issue of Canadian Cattlemen

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The fall show season kicked off with a bang when the Olds Fall Classic was held September 30 to October 2 in Olds, Alta. The Olds Fall Classic is part of the Alberta Supreme Stakes which recognizes exhibitors and their champions and reserves at this show and the Stockade Round-Up in Lloydminster, Sask., and Farmfair […] Read more
The 2030 Canadian Beef Goals Panel from the Canadian Beef Industry Conference in Pentiction, B.C. Brenna Grant is third from left.
Features, Livestock

2030 Canadian Beef Goals highlight carbon emissions

Unpacking the carbon emission goals, the ongoing research and what it all means for Canada’s beef producers

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On a stage with the lights dimmed, Brenna Grant sits with several other industry professionals, looking out on a room full of people. From all over the country, they’ve met in Penticton, B.C., to discuss the future of their industry at the Canadian Beef Industry Conference. One of those possible futures is encompassed in the […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Adverse weather limits demand for calves

Stronger Canadian dollar adds pressure

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Compared to last week, western Canadian yearling prices were steady to $2 higher. Calves traded steady to $10 lower in Alberta while markets in Saskatchewan and Manitoba were quoted $5 lower to $2 higher. Adverse weather resulted in a softer tone for calves with Lethbridge temperatures dipping to -25 to -33 C last week. The […] Read more
CME February 2023 live cattle (candlesticks) with 20-day moving average (pink line) and CME December 2022 live cattle (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle end mostly lower

December, February hog futures up

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures closed mostly lower on Monday on technical selling and worries about consumer demand for high-priced cuts of beef, traders said. Most-active CME February live cattle futures settled down 0.7 cent at 152.55 cents/lb. (all figures US$). Deferred contracts also ended lower, but the spot […] Read more
The CFIA is defending its animal transport regulation changes which limit long-haul trips for cattle to 36 hours without a rest stop, down from 48 hours.
Comment

Comment: CFIA needs to recognize research on long hauls

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I am not sure how the folks at the Canadian Food Inspection Agency (CFIA) looked at the recent research on rest stops for long-haul trips and concluded it supported the changes to transportation regulations, but they’ve done it. “The study summary on the BCRC’s website supports the current maximum allowed interval without feed, water and […] Read more
CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME futures fall on grain rally

Beef cutout price drops

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Chicago | Reuters — Chicago Mercantile Exchange (CME) livestock futures slid on Friday as grain futures rallied, underpinned by strong commodities and equities markets, brokers said. The downward trend started when live cattle markets took a hit earlier in the day, when the feeder cattle traders began selling off their positions as corn futures firmed […] Read more
U.S. special presidential envoy for climate John Kerry and Agriculture Sectretary Tom Vilsack applaud U.S. President Joe Biden’s speech at the COP27 climate summit at Sharm el-Sheikh, Egypt on Nov. 11, 2022. (Photo: Reuters/Kevin Lamarque)
General, Reuters, Weather

Farm climate innovation commitments at COP27 double to US$8 billion

Agriculture could outpace other industries to net zero: Vilsack

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Sharm el-Sheikh, Egypt | Reuters — An initiative led by the United States and the United Arab Emirates to help agriculture adapt to climate change and reduce emissions through innovation has doubled investment commitments to US$8 billion and extended its reach, it said on Friday. The Agriculture Innovation Mission for Climate (AIM for Climate) was […] Read more
Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)
Beef Cattle, Livestock, Markets, Reuters

Meatpacker JBS’s plunging profit beats forecasts

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Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest meat producer, on Thursday said quarterly profit plunged 47.1 per cent, but results still beat analysts’ estimates as higher revenues helped offset shrinking margins in its U.S. beef division. The company posted a third-quarter net profit of 4.01 billion reais (C$1.001 billion), while analysts […] Read more

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