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A display of Canadian beef at Citysuper, a premium retail chain store in Taiwan.
Beef Cattle, Markets, News

Market Intelligence Update from Canada Beef: Meat prices rise in Taiwan

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As Taiwan tries to ease COVID restrictions, beef imports this year have dropped in volume but increased substantially in value. However, Taiwan’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could improve Canada’s access to the country’s beef market.    In late September the Taiwanese government applied to join the CPTPP. Taiwan […] Read more
cows in a feedlot
Finishers, Livestock, Markets

Klassen: Feeder market stabilizes

Cow-calf producers selling sooner than normal

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Compared to last week, western Canadian feeder cattle prices traded $2-$3 on either side of unchanged. Alberta packers were buying fed cattle on a dressed basis at $275 delivered; the Alberta fed market has rallied $10-$12 over the past couple weeks. Secondly, U.S. feeder cattle prices have also rallied US$10-US$12 during the same time frame […] Read more
CME February 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures fall on concerns over supply glut

February live cattle up slightly

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Chicago | Reuters — Chicago Mercantile Exchange hog futures plunged four per cent on Monday, hitting their lowest level in nearly a month, as robust supplies threatened profits even as pork prices edged off their recent lows, traders said. Pork processors earned $22.90 per hog, down from $46.25 per hog on Friday and $43.20 a […] Read more
Carnes Premium XO storefront in Mexico.
Beef Cattle, Markets, News

Market Intelligence Update from Canada Beef: Exports to Mexico up from 2020

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Despite a dip in September, demand for Canadian beef has been strong in Mexico this year.   For the first nine months of 2021, the accumulated volume of Canadian exports to Mexico was up 78.3 per cent over 2020. Chilled beef exports were up 80.8 per cent over last year, with value up 120.4 per cent to US$98.43 million. Following a […] Read more
File photo outside Cargill’s beef slaughter and packing plant at High River, Alta. on May 6, 2020. (Photo: Reuters/Todd Korol)
Beef Cattle, Livestock

Strike averted at Cargill’s High River beef plant

Deal that hikes wages by 21 per cent and offers large bonuses receives majority backing

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Workers at Cargill’s beef packing plant in southern Alberta have voted in favour of a contract that will hike wages by 21 per cent and provide improved health benefits. “The contract is the best of its kind and presented unprecedented gains in this time of economic and political uncertainty,” United Food and Commercial Workers (UFCW) […] Read more
A bat, with fruit.
Livestock, Vet advice

Vet Advice: Pandemics lay at the door of human dilemma

Vet Advice with Dr. Ron Clarke

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From a recent article by Jocelyne Piret and Guy Boivin that appeared in Frontiers in Microbiology: The shift from hunter-gatherers to agrarian societies favoured the spread of infectious diseases in the human population. Expanded trade between communities increased interactions between humans and animals and facilitated the transmission of zoonotic pathogens. Increased travel and a growing […] Read more
CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs end down on profit-taking

Futures decline despite higher beef prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle, feeder cattle and hog futures ended lower on Friday as profit-taking hit the livestock markets ahead of the weekend, traders said. Live cattle futures consolidated after setting contract highs this week, traders said. Most-active CME February live cattle finished 0.625 cent lower at 138.95 cents/lb. (all […] Read more
CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs up with export demand

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Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures rose again on Thursday, as fresh export numbers underscored strong demand for meat. Meanwhile prices on feeder cattle futures were mixed, as trades in the cash market prices jumped, traders said. Cash cattle had traded earlier in the week at $137-$138/cwt in […] Read more
AgriProfit$ key indicators for cow-calf operations are referred to as GOLD: Growth (weaning weight), Open (rate), Length (of calving period) and Death (losses). Photo: Canada Beef.
Livestock, Nutrition

McKinnon: Tips for starting newly weaned calves on feed

Nutrition with John McKinnon

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It is Thanksgiving weekend as I write this column, which implies that across the country, cow-calf producers have or are looking to wean calves. While some producers will retain ownership and either background and/or finish their calves, the majority will be marketed either through an auction market, satellite/video sale or directly to a destination feedlot. […] Read more
CME January 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hog futures finish higher

Investors' COVID concerns eased

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Chicago | Reuters — Chicago Mercantile Exchange livestock futures finished higher on Wednesday as the markets recovered after dropping the previous session to their lowest prices in more than a week. Prices rose as investors’ concerns eased about the Omicron coronavirus variant, which rattled commodity and financial markets on Tuesday, traders said. Chicago Board of […] Read more

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