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News, News Roundup

Merck acquiring owners of Allflex ear tags

Traceability: News Roundup from the February 2019 issue of Canadian Cattlemen

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Merck is set to acquire the Antelliq Group for $2.37 billion, Drovers Daily reports. Merck will also assume the company’s remaining debt. Antelliq will operate as a subsidiary of Merck Animal Health Division. Antelliq Group, formerly known as the Allflex Group, owns Allflex ear tags and SCR dairy monitoring technology. In a 12-month period ending […] Read more
Market talk, Markets

Feeder cattle market digesting many variables

Market Talk with Jerry Klassen

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The feeder cattle market was quite volatile throughout the final quarter of 2018. The weaker Canadian dollar enhanced demand from south of the border. At the same time, domestic feedlot operators were contending with rising feed grain prices and uncertain fed cattle prices for the first and second quarters of 2019. April live cattle futures […] Read more
Feedlot margins are set up to move into the negative for the second quarter of 2019.
Finishers, Market talk, Markets

Feeder cattle outlook lower in 2019

Market Talk with Jerry Klassen

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I’ve received many calls from cattle producers over the past couple of weeks with regard to the feeder cattle outlook for the spring period. Feeder cattle prices made seasonal highs during the first week of October and then started to trend lower. This weakness caught many cow-calf producers off guard as they failed to realize […] Read more
Undeterred by tariffs, U.S. beef exports were up nine per cent from a year ago seen January through August.
Beef Cattle, News, Prime cuts

Tariffs remain irritant

Prime Cuts with Steve Kay

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One word — relief — summed up the completion of a new trade pact to replace the North American Free Trade Agreement. Agricultural leaders in Canada, the U.S. and Mexico all breathed deep sighs of relief after the three countries signed the new U.S.-Mexico-Canada Agreement. That’s because the new pact leaves intact all the elements […] Read more
CCA reports, News

CCA Report: Legislative update

From the November 2018 issue of Canadian Cattlemen

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Canada’s participation in the USMCA agreement and continued progression of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) towards ratification have helped to alleviate a sense of unease for many producers at a crucial time in the beef cycle. The 2018 fall run got underway with assurances of uninterrupted access for Canadian beef and […] Read more
Beef Cattle, News, Prime cuts

U.S. cattle hides take a tariff hit

Prime Cuts with Steve Kay

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The U.S. beef industry, like other sectors of U.S. agriculture, faces considerable losses because of the tariff wars between the U.S., Canada, Mexico and the European Union. The losses are not as severe as those seen in hog, corn and soybean production. But the tariffs imposed on U.S. beef products exported to China and Canada […] Read more
Canadian barley exports for 2018-19 are expected to exceed year-ago levels due to stronger demand from China.
Feed markets, Market talk, Markets

Feed grain update

Market Talk with Jerry Klassen

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Western Canadian barley prices have been percolating higher throughout the harvest period. At the time of writing this article, Lethbridge-area feedlots were making barley purchases in the range of $245/mt to $260/mt delivered while central Alberta operations were showing bids from $235/mt to $245/mt. It’s important to realize that prices are about $60/mt above year-ago […] Read more
Comment/Columns, Free Market Reflections, Markets

Two economies, two theories

Free Market Reflections with Steve Dittmer

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In May 1983’s G7 Summit, German Chancellor Helmut Kohl asked President Reagan to “Tell us about the American miracle.” Kohl was referring to America’s booming economy while the rest of the world was floundering. Reagan explained that cutting tax rates incentivized citizens and businesses, stimulated economic growth and eventually increased total tax return to the […] Read more
Calves coming into the Western Canadian market this fall will be similar to year-ago levels.
Finishers, Market talk, Markets

Feeder cattle outlook

Market Talk with Jerry Klassen

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It’s that time of year when I receive many calls from cow-calf producers and backgrounding operators inquiring about the feeder cattle market outlook for the fall and winter. Yearling prices have been quite strong throughout the summer and the deferred live cattle futures are reflecting slightly higher prices in September and October. Prices for calves […] Read more
Marfrig is the second-largest beef processor in South America behind JBS
Markets, Prime cuts

Brazil’s North American push into the beef market

Prime Cuts with Steve Kay

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No one in the early 2000s could possibly have imagined that Brazil’s two largest beef companies would eventually own or control two of the U.S.’s four largest companies. Yet that is about to occur when Marfrig Global Foods completes its U.S. $969 million acquisition of 51 per cent of National Beef Packing. The latter is […] Read more

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