Beef Cattle, Agriculture News & Resources

Japan now accepting Canadian OTM beef

The last of Japan’s BSE-related restrictions on Canadian beef are lifted as of last Friday, with the Japanese government’s agreement to allow beef from Canadian cattle over 30 months of age (OTMs). Citing industry estimates, Agriculture and Agri-Food Canada said the added access announced Tuesday could mean an increase of up to 20 per cent […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market finds support

By GFM Network News 2 days ago

Compared to last week, western Canadian yearling markets traded steady to $2 lower while calves traded $3 higher to as much as $8 lower. Adverse weather across much of the U.S. Midwest set a negative tone on both sides of the border. U.S. feeder cattle markets were down US$3-$6 from seven days earlier. Corn futures […] Read more

Beef Cattle, Livestock, Markets, Reuters

Japan opens doors to full access of U.S. beef imports

By Reuters, GFM Network News 5 days ago

Washington | Reuters — Japan has agreed to eliminate its long-held restrictions on U.S. beef imports, opening full access to U.S. cattle products after more than 15 years, the head of the U.S. Department of Agriculture said in a statement on Friday. “The new terms, which take effect immediately, allow U.S. products from all cattle, […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market continues to soften

By GFM Network News May 13, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 lower on average with some auctions down $5 to as much as $8. Alberta packers were buying fed cattle on a dressed basis at $258 delivered, down $15 from the April highs. Feeding margins have slid into negative territory quite rapidly and could be […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle rally loses steam

By GFM Network News May 6, 2019

Compared to last week, western Canadian yearlings traded $2-$5 lower while calves were solidly $3 to as much as $8 lower. There’s a limit how far the cash trade can divorce from the futures market. November feeder cattle futures have dropped $12 from contract highs and there is no sign that this slide is over; […] Read more

Finishers, Livestock, Markets

Klassen: Cash feeder market shrugs off lower futures

By GFM Network News April 29, 2019

This past week, Alberta packers were buying fed cattle in the range of $270-$274 on a dressed basis, up $2-$4 from seven days earlier. Strength in the fed cattle market spilt over into the feeder complex as feeding margins moved into positive territory for the first time this year. Compared to last week, western Canadian […] Read more

Beef Cattle, Livestock, Markets, Reuters

Walmart creating own Angus beef supply chain

By GFM Network News April 24, 2019

Reuters — Walmart Inc. is taking control of the supply chain for Angus beef sold in some of its stores, cutting out meat processors as the company looks to offer higher quality products in an intensely competitive grocery industry. The world’s largest retailer said Wednesday the move would allow it to ensure supplies of quality […] Read more

Beef Cattle, Livestock, Markets, Reuters

R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

By GFM Network News April 23, 2019

Reuters — Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels. Tyson Foods, Cargill, the JBS USA unit of Brazil’s JBS and National Beef Packing […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market remains volatile

By GFM Network News April 23, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 on either side of unchanged. Many auction barns were closed last week and the ones holding sales had smaller numbers. Quality packages of yearlings were on the higher end of the range while smaller groups of fleshier replacements were discounted. Alberta feedlots were focusing […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hog futures lower, live cattle follow suit

By GFM Network News April 22, 2019

Chicago | Reuters – U.S. hog futures declined on Monday on a mix of softer cash hog prices and technical selling after a run-up to contract highs earlier this month, traders said. Chicago Mercantile Exchange live cattle futures followed hogs lower. The benchmark June lean hogs contract fell roughly 3 percent, settling down 2.975 cents at 93.775 […] Read more

Pulse weekly outlook: Chickpea prices remain low, future bright

Huge increase predicted in canola ending stocks

U.S. to favour soybeans in trade war aid for farmers

GFM Network News

Pulse weekly outlook: Chickpea prices remain low, future bright

Huge increase predicted in canola ending stocks

U.S. to favour soybeans in trade war aid for farmers

Beef Cattle

Japan now accepting Canadian OTM beef

Klassen: Feeder market finds support

Japan opens doors to full access of U.S. beef imports

Klassen: Feeder market continues to soften

Klassen: Feeder cattle rally loses steam

Klassen: Cash feeder market shrugs off lower futures

Walmart creating own Angus beef supply chain

R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

Klassen: Feeder market remains volatile

U.S. livestock: Lean hog futures lower, live cattle follow suit

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending May 17, 2019.

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