Cow-calf
StatsCan sees higher cattle, hog inventories at July 1
Full impacts of West's drought not yet counted
Nationwide head counts of livestock from the “early stages” of Western Canada’s ongoing drought won’t yet show the weather’s full impact, but showed slightly larger herds heading into this summer compared to last year. Statistics Canada on Monday reported the first year-over-year increase in the size of the country’s cattle herd as of July 1 […] Read more
Negligible risk status may mean more market access for Canadian beef
Historic designation opens doors for conversations on removing BSE-era trade restrictions for beef products, feeder cattle access and processing requirements
This spring, a difficult chapter for the Canadian beef industry came to a close after almost two decades. In late May, the World Organisation for Animal Health (OIE) Scientific Commission approved Canada as having negligible risk for bovine spongiform encephalopathy (BSE), moving from controlled risk status to the disease’s lowest risk level of transmission. This […] Read more
U.S. livestock: CME cattle rebound on improving cash markets, beef prices
CME lean hogs also up off Thursday losses
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rebounded from prior-session losses on Friday, supported by signs of improving cash cattle prices and firming wholesale beef values, traders said. Prices, however, continued to struggle to break out of their recent trading range as concerns about slowing global economic growth and rising […] Read more
Measuring production and profitability in beef production
An enterprise analysis can help steer your farm or ranch towards profitability
Variations of the “need to measure to improve management” quote are staples of business and industry mission statements and dogma throughout all sectors of the globe. Ranch and farm operations are not exempt from this appraisal. AgriProfit$ measures performance For 35 years, producers in Alberta have had access to the AgriProfit$ Business Analysis and Research […] Read more
Plans afoot to move hay from East to drought-hit West
CFA, BFO spearheading Hay West-style initiatives
Farm groups are spearheading new plans to get livestock feed from Eastern Canada to drought-damaged regions of the western provinces and northwestern Ontario. Details are still pending, but the Canadian Federation of Agriculture (CFA) announced Aug. 12 it has started work on a “Hay West” initiative to get surplus hay “to those struggling in the […] Read more
U.S. livestock: CME cattle, hogs drop in broader commodities sell-off
Investors take 'risk-off' approach, U.S. dollar surges
Chicago | Reuters — Cattle and hog futures on the Chicago Mercantile Exchange fell on Thursday, tracking broader market pressure amid worries about global growth and despite rising prices for beef and pork, traders said. Crude oil fell to its lowest levels since May and the U.S. dollar surged to a nine-month high, as rising […] Read more
U.S. livestock: CME cattle up on firm cash market, beef prices
Speculative buying, cash pork prices lift lean hogs
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange firmed on Wednesday on higher cash cattle and beef prices, while feeder cattle gained as rains were forecast to hit drought-parched grazing pastures in the western Midwest and northern Plains, traders said. The U.S. Department of Agriculture (USDA) reported moderately active cattle sales […] Read more
U.S. livestock: Lean hogs, live cattle end lower on uncertain demand
'Labour availability' still an issue for packers
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange ended lower on Tuesday on long liquidation and uncertainty about demand for various cuts of pork, traders said. Benchmark CME October lean hogs settled down 1.1 cents, or 1.2 per cent, at 87.9 cents/lb., retreating from Monday’s nearly three per cent rise (all […] Read more
CCA reports: CCA works to end BSE-era restrictions
From the August 2021 issue of Canadian Cattlemen
One would say 2021 is turning out to be a year to remember starting with the pandemic and then a massive drought throughout western North America. B.C. ranchers are seeing their ranges burning up. Prairie ranchers are wondering how they will feed their cattle and where they will get water. On the bright side, we […] Read more
Klassen: Strong demand underpins yearling market
Western Canada will be seeking U.S. corn
Compared to last week, western Canadian yearling prices were unchanged to as much as $4 higher in some cases; calf markets traded $2-$3 on either side of unchanged as prices were quite variable across the Prairies. Major feedlot operators were extremely aggressive for yearlings. Larger groups of one-cut cattle were very well bid. April live […] Read more