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Beef cattle

(Geralyn Wichers file photo)
Finishers, Livestock, Markets

Klassen: Feeder market consolidates

USDA report considered supportive for Q4 fed cattle

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Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. The steam appears to be coming off the market as larger volumes become available. Pastures have basically dried up in many areas of Western Canada, which has spurred on producer selling. The calf market was hard to define due to […] Read more
Smoke rises from a wildfire near Wildwood, Alta., about 100 km west of Edmonton, on May 5, 2023. (Photo: Alberta Wildfire/Handout via Reuters)
General, Markets, Weather

Alberta farmers granted late AgriStability entry

Enrolment deadline now Sept. 29

Reading Time: 2 minutes Any Alberta producers who were considering AgriStability — but only in hindsight — for the income stabilization plan’s 2023 program year now have until Sept. 29 to apply. Ottawa and the province announced Aug. 4 that they’ve reopened the jointly-funded program, as wildfires and/or “extremely dry” growing conditions have dragged on many Alberta producers’ work […] Read more
JBS signage at Greeley, Colorado. (JBS.com.br)
Beef Cattle, Livestock, Markets, Reuters

JBS posts quarterly loss on tight U.S. beef margins

'Greater balance' forecasted for global chicken supply

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Reading Time: 2 minutes Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for its beef business in the U.S., where it gets most of its sales. JBS reported a net loss of 263.6 million reais (C$73.8 million), the […] Read more
“There’s a lot that we can do to provide support to producers who are willing to try things ... and I think that there’s a lot of ground to be gained.” – Aaron Knodel.
Livestock, News

Low emitting cow-calf farms move in step with profitability

The variability of the cow-calf sector means there are many levers to pull to increase financial, environmental sustainability, says researcher

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Reading Time: 3 minutes Glacier FarmMedia – A study benchmarking cow-calf profitability against greenhouse gas intensity suggests profitable farms tend to have lower emissions, but there’s a lot of room to work on both sides of the equation. “There’s a lot that we can do to provide support to producers who are willing to try things … and I […] Read more
(Alicat/iStock/Getty Images)
General, Weather

Prairie Forecast Update: Low to chug through mid-week

Issued Aug. 13, covering Aug. 13-16

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Reading Time: < 1 minute The weather models seem to have come to an agreement on the area of low pressure forecasted to come in off the Pacific around mid-week. It looks like the energy from this system will quickly spin up an area of low pressure over north-central Alberta on Tuesday. The low will then quickly deepen and track […] Read more
CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures fall as packers’ profit margins in red

Lean hog futures show gains

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday, as cash cattle prices eased and packers continued to hemorrhage profits and remained reluctant to pay more for animals, analysts and traders said. Meanwhile, lean hog futures firmed as profit margins improved for pork processors. Limited cattle supplies kept a floor under the […] Read more
CME October 2023 live cattle with 20- and 50-day moving averages and August 2023 live cattle (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle firm, hogs mixed

Cattle supply outlook overrides demand concerns

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Thursday, buoyed by a round of technical support as the market remained near last week’s highs. Feeder cattle contracts also posted gains, while lean hog futures were mixed Traders said that tight supplies underpinned cattle futures prices despite demand concerns. CME August live […] Read more
Agriculture and Agri-Food Canada’s Drought Monitor map at July 31, 2023. (AAFC)
General, Weather

Prairie Forecast: Cooler and unsettled

Issued Aug. 9, covering Aug. 9 to 16

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Reading Time: 3 minutes First off, I must apologize for not producing an update to the last forecast; I had the opportunity to do some backwoods camping, which meant I was off the grid for about five days. I’m back now, and from the weather model runs I’ve been able to check out, this forecast period is going to […] Read more
CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle up on U.S. supply worries

CME lean hog futures sag

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Wednesday as tight U.S. supplies continued to support the market, analysts said. Feeder cattle futures also advanced, while lean hog futures declined. The live cattle market is largely trading sideways in the most-active contract this week after finishing with strong gains on Friday, […] Read more

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