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

U.S. livestock: Cattle futures firm despite softer cash cattle

Hog futures down as exports disappoint

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Chicago | Reuters — Feeder cattle futures on the Chicago Mercantile Exchange climbed on Thursday, supported by sluggish corn futures, while live cattle gains were muted as meatpackers offered lower cash cattle prices this week, traders said. “They’ve backed off a bit in the cash market,” said Doug Houghton, technical analyst at Brock Capital Management. […] Read more
(TrouwNutrition.ca)
Livestock, Poultry/Eggs

International joint venture buys Prairie layer hatchery

ILD, Trouw Nutrition to co-own Clark's Poultry

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A Manitoba company providing day-old layer chicks to poultry producers in the three Prairie provinces is under new joint ownership. International Layer Distribution (ILD), a subsidiary of German egg layer breeding firm EW Group, and Trouw Nutrition Canada, a livestock feed arm of Nutreco, on Monday announced their joint venture has acquired Clark’s Poultry for […] Read more
CME February 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle ease on seasonal retail softness

February hogs lower despite export optimism

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange dipped on Wednesday, as easing post-holiday retail demand, combined with strong cash cattle prices, eats into processor profitability. “This week specifically is when we transition to buying for a lower-demand period, post-holidays,” said Rich Nelson, chief strategist at Allendale Inc. “Packer margins are […] Read more
Colleen and Dylan Biggs of TK Ranch, with locations near Calgary and Hanna, Alta.
Beef Cattle, Features

Direct marketing in the COVID age

Two Alberta businesswomen talk shop about how the pandemic has shaped the direct marketing landscape for beef producers

By
It is a changed world. The time spent in pandemic lockdowns has completely altered consumer behaviour. Perhaps it has sped up trends that were already in place, such as concerns about how food was grown or raised, convenience and ease of online purchasing. According to a recent article in the Harvard Business Review on Marketing […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle market experiences diverse price behaviour

Manitoba calves hold a premium over Sask., Alta.

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Compared to last week, western Canadian yearling markets traded steady to $2 higher while calf prices were unchanged to $4 lower. Yearling supplies are limited and there appeared to be a surge of buying interest for 850-lb. thin-fleshed replacements. Alberta fed cattle basis levels for the second quarter of 2023 have above average and the […] Read more
CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle fall on wholesale beef weakness

Feeder cattle, February hogs also lower

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange slid on Tuesday, pressured by falling wholesale beef prices. “We had a really disappointing box beef value fall off to start the week yesterday, and a little follow through today,” said Matthew Wiegand, risk management consultant at FuturesOne. Most retailers have completed purchases […] Read more
Despite high feed grain costs and seasonally larger supplies, the feeder calf market has held on considerably well.
Beef Cattle, Markets, News

Fed cattle market struggles, feeder exports seen slower

The Markets with Deb McMillin, from the December 2022 issue of Canadian Cattlemen

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Fed cattle The local fed market continues to struggle. The wide basis has started to encourage additional U.S. buyer interest, but large carcass weights and longer lift times are making it difficult to stay current. Steer carcass weights are at near-record levels, at 972 lbs. in mid-November, which compares to 946 lbs. last year. The […] Read more
CME January 2023 feeder cattle (candlesticks, right column) with CBOT March 2023 corn (orange line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle firm as corn inputs slide

Live cattle climb higher in deferred months; February hogs also up

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Chicago | Reuters — Feeder cattle futures on the Chicago Mercantile Exchange firmed for the fifth consecutive session, as corn, a significant input for producers, continues to fall, traders said. “The feeders have sort of been hobbled for a long time because of the elevated feed price,” said Dennis Smith, livestock analyst and broker at […] Read more
Research organizations have adapted to cuts to extension by partnering with other agencies, or adopting different innovative practices, to bring knowledge from the lab or research farm to working farms and ranches.
Features, Livestock

Getting livestock research into practice

With the decline in government extension, other organizations have shifted gears to try to cover some of that ground

By
The large gaps left when governments stopped providing a full range of on-the-ground advisory services to farmers are slowly getting filled with useful and accessible resources, according to industry experts.  “In the 1990s in Ontario, the Ministry of Agriculture cut those services and it meant different sectors reacted differently with no defined process,” says Mike […] Read more

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