In major U.S. livestock regions, some ranchers have slowly begun taking the first steps to boost cattle production after the nation’s inventory shrank due to a years-long drought that dried up pasture land used for grazing and hiked feeding costs.
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U.S. cattle ranchers slowly start to rebuild decimated herd
Meatpackers want larger herds to bring down cattle prices from record highs
U.S. cattle producers have started rebuilding herds, or will soon, Tyson Foods CEO says
U.S. cattle producers have started rebuilding the nation's herd or are close to doing so, Tyson Foods CEO Donnie King said on Wednesday, after supplies dwindled to a 74-year low.
Brazil’s JBS bullish despite challenging outlook for US beef business
JBS, the world's largest meatpacker, said cattle remain scarce and expensive in the U.S., dampening the outlook of its beef business in the country where the company derives most of its sales.
Threat of tariffs looms at Saskatchewan Beef Industry Conference
Cattle groups take advocacy to U.S. livestock producers, say they need to know how tariffs will affect them
The Canadian Cattle Association says threatened 25 per cent tariffs would cut Canadian wholesale beef prices by 13 per cent, but effects would be tempered slightly by the low Canadian dollar.
Australia cashes in on beef exports as US cattle herd shrinks
A slump in U.S. beef production has opened the door for Australia to export record amounts of meat, growing its market share in North America and Asia and channelling billions of dollars to cattle processors and farmers.
Beef cow, replacement heifer numbers suggest producers aren’t ready to grow herds: FCC
Beef cattle prices have trended above the five-year average, but low numbers of replacement heifers and beef cows suggests producers aren't ready to grow cattle herds.
National Beef Strategy celebrates gains
The Canadian Beef Advisors, comprised of national beef organizations, is celebrating achieving many of the goals in the 2020-24 National Beef Strategy.
Total US cattle herd drops to lowest level since 1951 – USDA
Easing dryness could encourage ranchers to begin rebuilding beef herds
Chicago | Reuters - The total number of U.S. cattle fell to its lowest level since 1951 as of Jan. 1, in the herd's fifth consecutive year of decline, U.S. Department of Agriculture data showed on Wednesday.
Market Intelligence Report from Canada Beef: Shrinking cattle herds in Europe bump Canadian beef imports
As Europe’s beef producers face drought, high feed costs and limited forage, the EU’s imports of Canadian beef have grown slightly, and are expected to continue growing modestly. However, the biggest challenge to further growth of Canadian beef in this market is the limited number of beef plants in Canada that are willing to meet […] Read more
Klassen: Yearling return to the lineup on strong demand
Frigid temperatures result in limited volumes
The market hasn’t missed a beat and started the year where it left in December. The only difference is there are larger supplies of yearlings coming on stream. The benchmark levels had backgrounded steers averaging 1,000 pounds trading from $280-$285/cwt with top bids rounding at $290/cwt. Steers averaging 850-pounds were averaging $300/cwt with top-notch larger groups peaking at $305.
Canadian Cattlemen Presents: Depth of Field
