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Yearling cattle in an auction ring at Lloydminster, Sask.
Markets

Cattle Market Summary

Break-evens, cow and calf prices, plus market summaries, courtesy of Canfax and Beef Farmers of Ontario

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Break-evens, cow and calf prices, plus market summaries courtesy of Canfax and Beef Farmers of Ontario. Cost of Production May 2025 Alberta Yearling steers (850 lb) $397.94/cwt Barley 6.87/bu Barley Silage 85.88/ton Cost of gain (feed) 105.57/cwt Cost of gain (all costs) 159.52/cwt Steers 264.50/cwt Break-even (Nov. 2025) $296.91/cwt Ontario Yearling steers (900 lb) $388.87/cwt […] Read more
(Noel Hendrickson/DigitalVision/Getty Images)
Dairy Cattle, Livestock

Farmgate milk price hike delayed to May

Stakeholders say increase should be postponed amid food inflation concerns

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The farmgate price of milk will go up May 1, 2024, rather than Feb. 1, after a review of the national pricing formula and consultation with stakeholders. The increase will be 1.77 per cent, or about 1.5 cents per litre for milk going into processing plants, the Canadian Dairy Commission said Wednesday. The commission had […] Read more
The Agriculture Enlightened conference, held Oct. 26 in Winnipeg and hosted by EMILI, is trying to help Canada become a leader in digital and precision agriculture. (John Deere photo)
Crops, Machinery

Robots may help grain farmers diversify

Tech could support labour-intensive higher-value crops

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Chuck Baresich, who owns an agricultural robotics business in Ontario, says controlling weeds with robots is probably best suited for high-value, horticultural crops in Canada. However, large-scale grain farmers could also use the technology if they think about it differently. “Let’s say my brother and me are growing 1,500 acres of corn,” said Baresich, who […] Read more
(Video screengrab from Saputo.com)
Dairy Cattle, Livestock

Hold off on milk price hike, dairy farmers say

Dairy commission to consult again before making annual adjustment

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The process to set the next national price adjustment for Canadian milk will now take an extra week, triggered by stakeholder objections, for a round of consultations — in which the national dairy farmer group plans to call for a delay on any increase. The Canadian Dairy Commission — the Crown corporation managing Canada’s milk […] Read more
Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland walk with copies of the 2023-24 budget on Parliament Hill in Ottawa on March 28, 2023. (Photo: Reuters/Patrick Doyle)
General

Interest-free cash advances get extra lift in federal budget

Fertilizer diversification, solids non-fat processing also up for funding

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Federal Finance Minister Chrystia Freeland’s latest budget envelope for Canadian farmers up against rising costs of production includes a temporary boost to the interest-free portion of cash advances. Freeland’s 2023 federal budget, released Tuesday, includes $13 million in 2023-24 for Agriculture and Agri-Food Canada to temporarily increase the interest-free limit for loans under its Advance […] Read more
Kathy Larson, a research associate at the University of Saskatchewan and the Saskatchewan representative for the Canadian Cow-Calf Cost of Production Network, presented at the SSGA AGM about the importance of cost of production.
Cow-Calf, News

Cost of production network examines economic realities of cow-calf operations

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Cost of production was a hot topic at the Saskatchewan Stock Growers Association annual general meeting in early June. Kathy Larson, a research associate at the University of Saskatchewan, presented on cost of production to the conference goers. Specifically, she spoke about the Canadian Cow-Calf Cost of Production Network, led by a research team at […] Read more
(Noel Hendrickson/DigitalVision/Getty Images)
Dairy Cattle, Livestock, Markets

Mid-year farm gate price hike approved for milk

Processors say incremental hike may soften impact on consumers

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A request from Canada’s dairy farmer organization for an unscheduled increase in the current farm gate price for milk, to help farmers catch up with steep rises in their costs of production, has been granted. The Canadian Dairy Commission said Tuesday it will recommend that the farm gate price for milk be increased effective Sept. […] Read more
(Diane Kuhl/iStock/Getty Images)
Dairy Cattle, Livestock

Dairy farmers seek mid-year increase on farmgate milk prices

CDC to seek stakeholder comment next week

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The Canadian Dairy Commission will seek out feedback from industry stakeholders next week on Canadian dairy farmers’ request for a mid-year raise in farmgate milk prices. The CDC said June 2 it had received a request from Dairy Farmers of Canada for the increase “due to the current inflationary environment.” If it’s approved, and if […] Read more
Brenna Grant, manager of CanFax Research Services, is leading a nationwide effort to set benchmarks for the cow-calf industry.
Features, Livestock

Cost of production network set to make its mark on cow-calf industry

CCA-backed project to find benchmarks that make the most sense to individual producers

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Benchmarking has become a major part of running a business today. Whether it’s comparing this year’s performance to past performance or looking at your profitability compared to similar operations in your region or province, it’s considered an essential tool for setting production goals. But finding the best benchmarks can be tricky. There are hundreds of […] Read more

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