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Fed cattle supply outpaces demand, non-fed cow price lowest in a decade
Beef Cattle, Markets, News

Fed cattle supply outpaces demand, non-fed cow price lowest in a decade

The Markets with Deb McMillin, from the December 2021 issue of Canadian Cattlemen

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Fed cattle Canadian supplies are outpacing demand. Even with more slaughter shifts, the fed market remained within a fall low trading range. Fall 2021 saw most trade fall within $155.61/cwt and $158.25/cwt. The mid-November average is $156.38/cwt for fed steers in Western Canada, $22.88/cwt above the same week in 2021. Higher input costs created negative […] Read more
Federal Agriculture Minister Marie-Claude Bibeau (second from left) and Nate Horner (right), her Alberta counterpart, during a tour of Olds College’s Smart Farm on Thursday. (Photo: Olds College/Sergei Belski, www.oldscollege.ca)
Livestock, Weather

Alberta looks for feed, Ottawa promises cash for B.C.

Alberta to help with veterinary testing after B.C.'s lab flooded, Alberta ag minister says

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Even though supplies are low because of drought, Alberta is looking for feed to send to B.C. livestock producers, while Ottawa will provide emergency financial assistance to farmers dealing with flooding and closed roads in the hard-hit province. “We’ve been working with the B.C. department of agriculture,” Alberta Agriculture Minister Nate Horner said during a […] Read more
Livestock, Markets, Reuters

U.S. livestock: Cash, export markets lift CME live cattle

December hogs lower, February up

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Chicago | Reuters — CME Group cattle futures rose on Thursday, with the front-month live cattle contract hitting its highest since June 2017 on support from strength in the cash markets. Rising overseas demand also lent support cattle futures after the U.S. Agriculture Department said that weekly beef export sales totaled 30,000 tonnes, the most […] Read more
Community members struggle to rescue stranded cattle from an Abbotsford, B.C.-area farm on Nov. 16, 2021 after rainstorms caused flooding and landslides in the region. (Photo: Reuters/Jesse Winter)
Dairy Cattle, Livestock, Reuters, Weather

Small navy of farmers rescues cattle in flood-hit B.C.

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Abbotsford | Reuters — A flotilla of motorboats, canoes, dinghies and jet-skis helmed by farmers raced to move dozens of trapped cows from frigid waters as floods hit British Columbia. After a month’s worth of rain in two days, the downpours triggered widespread flooding. Mudslides hit cities and towns across the province. Among the worst-affected […] Read more
BeefWatch: Canadian cattle herd increases, strong beef demand seen from consumers
Beef Cattle, Beef Watch, News

BeefWatch: Canadian cattle herd increases, strong beef demand seen from consumers

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

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The third quarter brought opportunities and challenges as strong beef demand warrants cautious optimism for producers who must still contend with a year of drought. The Canadian cattle herd has reportedly increased for the first time since 2017 with beef breeding heifer numbers up on July 1. Beef exports have surged with strong consumer demand […] Read more
Farmers and community members help to rescue stranded cattle from a farm at Abbotsford, B.C. on Nov. 16, 2021, after rainstorms caused flooding and landslides in the area. (Photo: Reuters/Jesse Winter)
Dairy Cattle, Livestock, Weather

Road closures mean disposal for B.C. milk

Dairy farmers in Kootenays can still move milk east to Alberta

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Many of British Columbia’s dairy producers can expect to have to dump raw milk for the near future as highways and other roads are rendered impassable. The B.C. Milk Marketing Board on Tuesday said milk won’t be picked up until further notice in several areas where roads are closed and/or trucks can’t enter the Lower […] Read more
(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Feeder market continues downward slide

Prairies' snowstorm leads to risk discount

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Compared to last week, western Canadian yearling prices were steady to $2 lower; calves traded $2-$4 below week-ago levels. Saskatchewan and Manitoba experienced their first major snowstorm of the season last week. The market tends to incorporate a risk discount for adverse weather as buyers factor in higher death loss. Also, major feedlot operators believe […] 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 firm, cash cattle supportive

Heavier slaughters weigh on hog futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Monday, supported by tighter supplies of market-ready cattle that propped up cash prices last week, traders said. “In theory, the feedlots have a little more leverage, because there’s fewer cattle available for the packer to buy,” said Alan Brugler, president of Brugler Marketing. […] Read more

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