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More tax deferral zones announced for ranchers
Livestock, Weather

More tax deferral zones announced for ranchers

Final list released for 2019 tax year

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More ranchers who were up against a dry 2019 may now be eligible to defer some income from their livestock sales for the income tax year. The federal government on Tuesday released the “final list” of designated regions where income tax deferral on sales of breeding livestock has been authorized for 2019. In a prescribed […] Read more
Manitoba Pork Council chair George Matheson and federal Agriculture Minister Marie-Claude Bibeau announce funding for a two-year pilot insurance program for Manitoba hog producers. (Dave Bedard photo)
Hogs, Livestock

Manitoba to pilot insurance program against hog disease risks

Pork council study backed with federal, provincial funds

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“Private sector solutions” to manage financial risks caused by disease outbreaks on hog farms are on the drawing board in a new Manitoba-led pilot project that could go nationwide. Coming out of a Thursday morning meeting with hog producers in Winnipeg, federal Agriculture Minister Marie-Claude Bibeau announced $482,158 from the AgriRisk Initiatives (ARI) arm of […] Read more
CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle bounce after this week’s four-month lows

Plentiful hog supplies drag on futures

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Chicago | Reuters — U.S. live cattle futures closed higher on Friday on bargain buying after the benchmark April contract fell to a 4-1/2-month low this week, with traders citing expectations for a seasonal pickup in beef demand, traders said. Benchmark April live cattle futures on the Chicago Mercantile Exchange settled up 1.8 cents at […] Read more
Cups of lassi, a traditional Indian yogurt drink, at a food stall. (Jedraszak/iStock/Getty Images)
Livestock, Markets, Reuters

India offers U.S. dairy, chicken access in bid for elusive trade deal

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New Delhi/Washington | Reuters — India has offered to partially open up its poultry and dairy markets in a bid for a limited trade deal during U.S. President Donald Trump’s first official visit to the country this month, people familiar with the protracted talks say. India, the world’s largest milk-producing nation, has traditionally restricted dairy […] Read more
CME April 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs edge up on hopes for Chinese demand

April live cattle up on short-covering

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Chicago | Reuters — U.S. lean hog futures rose modestly on Thursday on technical buying and hopes China will step up purchases of U.S. agricultural goods including pork as the U.S.-China Phase One trade deal takes effect, brokers said. Benchmark April lean hog futures on the Chicago Mercantile Exchange settled up 0.3 cent at 64.075 […] Read more
Landscape in the Qu’Appelle Valley, about 30 km. north of Regina, Sask. Consider location and logistics when deciding where to purchase land.
Features, Livestock

Don’t fall into a ditch when expanding your land base

Affordability, planning and flexibility are all key factors to consider before moving onto new pasture

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For most beef producers — especially those grazing cattle on pasture — land is your gold. And chances are that at some point you’re going to want more of it. The problem is demand for land today is arguably higher than ever. Precision farming has enabled grain and oilseed producers to crop on pasture-worthy marginal […] Read more
CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle rise on broad commodity strength

Nearby hogs down on weak cash values

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Chicago | Reuters — U.S. live cattle futures closed higher on Wednesday, bouncing off a four-month low on bargain buying along with broad-based strength in equity and commodity markets as fears subsided about the impact of the COVID-19 coronavirus outbreak in China. The benchmark April live cattle futures contract on the Chicago Mercantile Exchange (CME) […] Read more
(iStock/Getty Images)
Hogs, Livestock, Markets

North American hog markets wracked by coronavirus

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MarketsFarm — Besides shutting down entire cities and killing more than 1,000 people, China’s novel coronavirus outbreak has wreaked havoc on North America’s hog futures. “It’s a dubious relationship, but it is impacting markets,” said Tyler Fulton, risk management director for Hams Marketing Services in Winnipeg. Lean hog futures moved “in concert with drops in […] Read more
CME April 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle sag on weaker cash trade

Coronavirus jitters also rattle cattle markets

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Chicago | Reuters –– U.S. live cattle futures fell on Tuesday, with the benchmark April contract touching its lowest since late September on falling cash cattle prices and worries about the impact of the coronavirus outbreak in China, traders said. Cash cattle traded lightly in Kansas and Nebraska at $119-$120 per cwt, traders said, down […] Read more

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