(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market holds value

Western Canadian feeder cattle prices were steady to $5 higher over the past week on limited volumes. Stragglers from backgrounding operations and late-blooming calves set a reserved tone amongst buyers with large price variations at different regions of the Prairies. Feedlot margins are hovering around breakeven and there appears to be solid demand underneath the […] Read more

North Dakota’s Legislative Assembly in 2014. (Governor.nd.gov)

North Dakotans put ‘corporate’ farming to vote

Reuters — North Dakotans are voting Tuesday in a referendum to repeal a law enacted last year that changed decades of family-farming rules in the state by allowing corporations to own and operate dairy and hog farms. The North Dakota Farmers Union and other groups that collected signatures to put the referendum on the ballot […] Read more





(Photo courtesy Canada Beef Inc.)

U.S. livestock: Fund liquidation sinks CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Friday, hit by fund selling and caution while awaiting market-ready, or cash, cattle prices by day’s end, said traders. June live cattle closed down 0.75 cent/lb. to 122.45 cents, after drifting below the 100-day moving average of 122.71 cents (all figures US$). […] Read more

(LaFernandiere.com)

Olymel buying Quebec sausage maker

Quebec’s Olymel plans to consolidate its sausage business into a next-to-new processing plant, after making a deal to buy the plant’s owner. Olymel, the meat packing arm of La Coop federee, announced Tuesday it will buy Trois-Rivieres processor La Fernandiere for an undisclosed sum. La Fernandiere will “remain an autonomous entity” within Olymel, the company […] Read more


(Scott Bauer photo courtesy ARS/USDA)

Lower feed costs weigh on supply-managed goods

CNS Canada –– Relatively soft feed grain prices over the past year mean producers of supply-managed commodities, such as milk and eggs, have also received lower prices for their products. Such is the interpretation of industry participants accounting for declines in the latest Farm Price Index data released by Statistics Canada. The livestock and animal […] Read more

(AllflexUSA.com)

Canada’s PSP buys stake in tag maker Allflex

Reuters — PSP Investments, one of Canada’s biggest pension funds, said Friday it had acquired a significant minority stake in Allflex Group, the world’s biggest maker of electronic tags for animals, from private equity firm BC Partners. The purchase was overseen by PSP’s new team in London, led by Simon Marc, and is likely to […] Read more