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Photo: Canada Beef
Finishers, Livestock, Markets

Klassen: Feeder market percolates higher amid finicky buyers

Ontario feedlots bring demand for West's calves

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Compared to last week, western Canadian feeder cattle markets traded steady to $4 higher on average. Certain pockets in Manitoba and eastern Saskatchewan had steer calves up $4-$8 from week-ago levels. Alberta values were relatively unchanged from seven days earlier on all weight categories. Steady demand was noted from Ontario feedlots for calves while Alberta […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: April live cattle down slightly

U.S. cattle inventory report shows steep decline; lean hogs also lower

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Chicago | Reuters — U.S. live cattle futures climbed to new contract highs early in the session before settling slightly lower on Tuesday, as traders assessed U.S. cattle inventory levels ahead of the U.S. Agriculture Department’s biannual report. After the market closed, USDA reported that the U.S. beef cow herd dropped to 28.9 million head, […] Read more
(Lauri Patterson/E+/Getty Images)
Dairy Cattle, Livestock, Markets, Reuters

U.S. seeks new dispute panel over Canadian dairy imports

Panel would be second on matter since CUSMA took effect

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Washington | Reuters — The United States on Tuesday said it was seeking a second trade dispute settlement panel over Canada’s dairy import quotas, charging that Canada was still not meeting obligations to open its market to U.S. producers. The U.S. Trade Representative’s office said it was challenging Canada’s revised tariff-rate quota (TRQ) allocations that […] Read more
(RyanJLane/E+/Getty Images)
Beef Cattle, Livestock, Reuters

U.S. beef cow herd falls to lowest level since 1962, USDA says

Last year saw record cull, Rabobank reports

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Chicago | Reuters — The U.S. beef cow herd dropped to its lowest level since 1962, U.S. Department of Agriculture data showed on Tuesday, after a severe drought raised costs for livestock feed. Ranchers increasingly sent cows to slaughter last year, instead of keeping them to reproduce, as dry weather reduced the amount of pasture […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle firm on strong cash trade

Cattle inventory report due out Tuesday; CME hogs end mixed

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Chicago | Reuters — U.S. live cattle futures firmed on Monday, supported by strengthening cash trade and in anticipation of the U.S. Agriculture Department’s biannual cattle inventory report, due out on Tuesday. “Historically, the cattle inventory report wouldn’t be that big of a market mover. But it is a good check in on where you’re […] Read more
Ferguson is more likely to buy “plain” cattle than “fancy” cattle, as he’s looking for a class of stock that can be upgraded.
Beef Cattle, Features, Livestock

Sell-buy cattle marketing with Doug Ferguson

Learn how one producer applies sell-buy marketing to his own operation

By
When Doug Ferguson was a teenager, he had three things on his to-do list — have a family, ride bulls and raise cattle. Even back then he knew he had to make money doing the latter to support the other two aims. The cattle marketer grew up on a mixed farming operation in southeast Nebraska […] Read more
(Montpak.ca)
Livestock, Sheep/Goats

Préval closes deal for Alberta lamb processor, feedlot

Quebec firm picks up defunct NALCO's Alberta assets

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Quebec agrifood firm Préval Ag has wrapped up its deal to buy the Alberta processing and production assets of the defunct North American Lamb Co., marking Préval’s first move into the lamb sector outside its home province. As per Alberta Farmer’s report last week, Préval confirmed Monday its divisions Westfine Meats and West Excelamb are […] Read more
CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures up off lowest since December 2021

Cattle futures down with cash markets

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Chicago | Reuters — U.S. hog futures rose on Thursday as strength in cash markets and rising export demand sparked a round of bargain buying after prices hit their lowest in more than a year. But weakness in the cash markets weighed on cattle futures. The U.S. Agriculture Department said on Thursday morning that export […] Read more
File photo of a cow grazing near Leader, Sask., about 85 km south of Kindersley. (James_Gabbert/iStock/Getty Images)
Beef Cattle, Pasture, Weather

Saskatchewan holds Crown grazing rents at last year’s levels

Also, leaseholders on drought-downgraded land eligible for rate cut

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Cattle producers leasing Crown land for grazing in Saskatchewan won’t see a rate hike this year and may be eligible for a significant rate cut. The provincial government announced Wednesday it has frozen the rates charged to producers who lease Crown grazing land in 2023 at their 2022 level. The freeze will apply to all […] Read more

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