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Cow-calf

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

Klassen: 800-lb. steers touch $300/cwt mark

Nearby cash market at odds with futures

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For the week ending June 17, western Canadian feeder cattle prices were quoted $2-$5/cwt higher on average compared to seven days earlier. However, larger packages of quality yearlings traded $8-$10/cwt above week-ago levels. The market was hard to define because available supplies are dwindling at this time of year. The quality of cattle was extremely […] Read more
File photo of the Raohe Night Market in Taipei, Taiwan’s capital. (Fazon1/iStock/Getty Images)
Beef Cattle, Livestock, Markets

Taiwan formally opens to OTM Canadian beef

BSE-era restriction now lifted

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Taiwan has officially lifted its import ban on Canadian beef and beef products from animals over 30 months of age (OTMs). Canada’s Trade Minister Mary Ng and Agriculture Minister Marie-Claude Bibeau announced the move Friday, saying Taiwan’s decision “will offer an opportunity to expand Canadian beef exports to Taiwan and diversify export markets in the […] Read more
‘Feedlots are back in the black on cash sales for the first time in a long time.’ – Nathan Phinney
CCA reports, News

CCA reports: CCA undertakes trade mission to Japan, advocates for free trade

From the June 2023 issue of Canadian Cattlemen

By
Optimism is the key motivation that keeps many of us going through the tough times. It’s human nature to focus our thoughts on the challenges and adversity that face beef producers across the country — whether it is extreme weather, trade irritants affecting our ability to export our product to global markets or hearing about […] Read more
(RyanJLane/E+/Getty Images)
Livestock, Markets

Canada warns VCOOL would sabotage shared Canada-U.S. goals, supply chains

The Canadian government has submitted its views on proposed U.S. food labelling rules

By ,
Proposed U.S. country of origin labelling rules run contrary to mutual Canada and U.S. goals to reduce inflation, improve food security and build resilient supply chains, according to a submission from the Canadian government to the U.S. Department of Agriculture. “One of the great strengths of the U.S.-Canada bilateral relationship is the successful integration of […] Read more
CME August 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle up as beef prices climb

Chicago lean hogs close mixed

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Friday ahead of a long U.S. holiday weekend, supported by strong beef prices and profitable margins for beef packers, traders said. CME’s benchmark August live cattle contract settled up 0.65 cent at 171.725 cents/lb. (all figures US$). The U.S. Department of […] Read more
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle inch higher in technical bounce

Chicago lean hogs end mixed

By ,
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed modestly higher on Thursday on rising wholesale beef prices and a technical bounce after the benchmark August contract dipped to a two-week low. The cattle market has been consolidating after a surge to contract highs on June 7 triggered several days of […] Read more
CME August 2023 live cattle with 10-, 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle fall on technical selling

Wholesale pork prices lift hogs

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange fell on Wednesday on chart-based selling and expectations of a seasonal slowdown in beef demand in the coming weeks, traders said. CME benchmark August live cattle futures settled down 2.95 cents at 170.975 cents/lb., with technical selling accelerating as the contract dropped below […] Read more
cattle in a field
Livestock, News, People

Veterinarian pushes back against bias in ag and vet communities

Despite the vet shortage, some veterinarians feel less than welcome, says one vet

By
Dr. Sydney Crosby’s career path is a perfect example of taking the route less travelled by. It hasn’t been an easy road, but her passion has sustained her on the journey. Growing up in Athens, Georgia, she wasn’t introduced to beef medicine until she took an agriculture program at the University of Georgia. But today […] Read more
CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle end up as beef prices rise

Chicago lean hog futures end mixed

By ,
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday, rallying from early declines, as strong beef prices and tight cattle supplies buoyed futures, traders said. CME August live cattle futures settled up 0.725 cent at 173.925 cents/lb. (all figures US$). August feeder cattle finished up 1.4 cents at […] Read more
LMAC holds annual conference, auctioneer competition 
News, Purely Purebred

LMAC holds annual conference, auctioneer competition 

Purely Purebred, news from the June 2023 issue of Canadian Cattlemen

By
Over the years I’ve attended many Livestock Markets Association of Canada (LMAC) conventions and enjoyed them all. As a cattle producer it’s a great opportunity to sit down with cattle auctioneers and auction mart owners from across Canada and find out a little more about their industry. This year Rick Wright, competition chairman of LMAC, […] Read more

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