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Livestock Livestock

(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Lethbridge demand drives up yearling market

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Western Canadian feeder cattle markets traded $5-$8 above week-ago levels. The first major yearling sales occurred in southern Alberta, which appeared to kick-start the buying momentum. Alberta fed cattle prices and wholesale beef values were under pressure; however, feedlot operators were extremely tenacious. Buyers capriciously worked orders throughout the week and by the Friday, quality […] Read more
(File photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle mostly firm on short covering

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mostly higher on Friday, lifted by end-of-week short covering following a decline to nine-month lows a day earlier, traders said. Futures, however, remain anchored by plentiful supplies of market-ready cattle and weak cash markets as fed cattle in the U.S. Plains this week traded […] Read more
(OlympicDairy.com)
Dairy Cattle, Livestock

Agropur to take control of Iogo, Olympic yogurt maker

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Ultima Foods, the Canadian maker of Iogo and Olympic yogurt products, is set to become the sole property of Quebec dairy producers’ co-op Agropur. Agropur and Agrifoods International Co-operative, which combined their yogurt manufacturing and marketing operations in 1993 to form Ultima as a 50-50 joint venture, announced a deal Thursday which will see Agropur […] Read more
Brothers Tony and Joe Perlich (above) stand beside the first scale they used as they were about to open their livestock auction service near Lethbridge in August 1967.
Features, Livestock, Markets

Perlich Auction is 50 years young

Selling livestock is their business, but five decades later their success is built on a foundation of well-taught human values, a passion for the industry and respect for proper animal care

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When the second generation to own and manage Perlich Bros. Auction took over the reigns of a well-established southern Alberta livestock auction service their timing couldn’t have been much worse. A few months after buying the business from their aunt in late 2002, BSE hit Alberta and the world livestock industry, recalls Maureen Perlich, who […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Short-covering, bargain buying boost CME hogs

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday after bargain buyers and investors covering short positions reversed Tuesday’s slide to an 8-1/2 month low, traders said. Prior to Wednesday’s session CME hogs had a relative strength index (RSI) reading of 17. An RSI below 30 suggests a market is […] Read more
closeup of a cattle in a field
Beef Cattle, News

U.S. cattle official says Trump has been good for agriculture

The National Cattlemen’s Beef Association says the U.S. president is ‘getting a lot of stuff done for agriculture’

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When it comes to agriculture, President Donald Trump is doing a crackerjack job, says a senior official with the top U.S. cattle association. “If you listen to the media, it’s nothing but conversations about Russia, South Korea and the overall general hatred for people who just don’t like Donald Trump,” said Colin Woodall, senior vice-president […] Read more

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