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Tighter timeline set for dairy farmers’ trade pact compensation

Feather sector compensation pledged with $691 million in programs

Compensation to Canada’s supply-managed farmers, to offset domestic market share dealt away in two recent free trade pacts, will now move more quickly to dairy farmers — and will take the form of new programs for feather sectors. Federal Agriculture Minister Marie-Claude Bibeau on Saturday announced $1.405 billion in compensation, as pledged in August last […] Read more

U.S. livestock: Live cattle futures trim as traders weigh weak exports

Lean hogs down with pork export figures

Chicago | Reuters — Live cattle futures fell on Friday on profit-taking during a shortened holiday-trading day, while less-than-stellar weekly beef exports added pressure to livestock futures overall, traders said. Chicago Mercantile Exchange February live cattle futures fell for the first time in the past five trading sessions, ending the day down 0.925 cent at […] Read more



China’s coronavirus testing chokes beef trade

Additional inspections, disinfections costly for importers

Beijing | Reuters — In a supermarket in downtown Beijing, refrigerator shelves normally filled with steak from around the world sit empty as tougher testing for the novel coronavirus creates supply bottlenecks and raises prices for importers. Fresh supplies of beef won’t arrive for days, a salesman at the Suning.com-owned Carrefour outlet told Reuters — […] Read more


Canada’s mink farms brace for COVID

Producers have had time to increase biosecurity efforts at the farm level

Canada’s 40 mink farms are operating under heightened biosecurity requirements after reports of COVID-19 jumping from humans to mink in Europe. Alan Herscovici, an industry spokesperson who operates the website Truthaboutfur.com, said early reports out of Denmark and other European countries gave Canadian producers some time to prepare. “These farms have always had a certain […] Read more



U.S. livestock: Live cattle up on cash market optimism, beef demand

Hogs up ahead of USDA exports report

Chicago | Reuters — Live cattle futures rose on Wednesday for a fourth straight session, climbing ahead of Thursday’s U.S. Thanksgiving holiday as strong packer margins fed expectations of improving cash cattle prices over the next few weeks, traders said. Chicago Mercantile Exchange February live cattle futures settled up 0.225 cent at 114.175 cents/lb. (all […] Read more

Beef cow inventories are down 1.4 per cent to 3.6 million cows.

COVID-fuelled recession clips cattle markets

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

While cattle markets appear to have stabilized following the initial impact of the COVID-19 pandemic this spring, uncertainty surrounding the fallout of the global pandemic has created longer-lasting effects. Canadian cattle inventories continue to shrink as the U.S. cattle herd reaches its peak. What happens next will depend on domestic and global demand. All G20 […] Read more


U.S. livestock: Cattle futures follow beef prices, Dow higher

Chicago lean hogs end mixed

Chicago | Reuters — U.S. cattle futures closed higher on Tuesday for a third straight session, lifted by surging wholesale beef prices and optimism that coronavirus vaccines could trigger an economic recovery, bolstering demand for meat, traders said. Wall Street’s Dow Jones industrial average hit a record high above 30,000 on upbeat COVID-19 vaccine news, […] Read more

Edgar Smith and his brothers run Red Angus and Red Angus-cross cattle on their operation at Courtenay, B.C.

B.C. producer narrows in on what customers want in beef

Health, environment and animal welfare top priorities for Edgar Smith’s customers on Vancouver Island and in the lower mainland

Edgar Smith and his brothers Phillip and Doug have a unique cattle operation, raising beef from start to finish and selling direct to customers. “Our family has been in the beef business since the 1940s on Vancouver Island, and the operation has evolved and changed over the decades. In the 1940s and 1950s we were […] Read more