Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded steady to $2 higher while calf prices were unchanged to $4 lower. Yearling supplies are limited and there appeared to be a surge of buying interest for 850-lb. thin-fleshed replacements. Alberta fed cattle basis levels for the second quarter of 2023 have above average and the […] Read more
Klassen: Feeder cattle market experiences diverse price behaviour
Manitoba calves hold a premium over Sask., Alta.
Inspiring ideas on the farm
Which is more important — the idea, or the person who has it?
Reading Time: 7 minutes Everyone has ideas. Every day. Every hour. And some of those ideas really are solid. Some are even exceptional. Yet only a few of us actually take those ideas and turn them into successful farm businesses. What is it about the people who do that? What’s their magic? For some light on all this, Country […] Read more
Canadian Cattle Association president Reg Schellenberg dies
Saskatchewan rancher had led CCA since March
Reading Time: 3 minutes Updated, Dec. 7 — Western Saskatchewan rancher Reg Schellenberg, who had led the national organization representing Canada’s beef cattle producers since March this year, died suddenly Friday at age 63. The Canadian Cattle Association reported Schellenberg’s death in a release Saturday, adding that the association’s current vice-president, rancher Nathan Phinney of Sackville, N.B., will now […] Read more
2030 Canadian Beef Goals highlight carbon emissions
Unpacking the carbon emission goals, the ongoing research and what it all means for Canada’s beef producers
Reading Time: 6 minutes Glacier FarmMedia – On a stage with the lights dimmed, Brenna Grant sits with several other industry professionals, looking out on a room full of people. From all over the country, they’ve met in Penticton, B.C., to discuss the future of their industry at the Canadian Beef Industry Conference. One of those possible futures is […] Read more
Klassen: Feeder market rations demand
Risk discount built in with adverse weather
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were relatively unchanged while calf prices were steady to $6 lower. Demand from Ontario buyers caused markets in Manitoba and eastern Saskatchewan to hold value. Alberta prices were under pressure as the market appears to be rationing demand. Calf prices are 25-30 per cent higher than year-ago […] Read more
Economics of herd rebuilding depend on cull rate, study finds
BCRC study hopes to map out a farm’s best path toward a rebuilt herd
Reading Time: 3 minutes Glacier FarmMedia – A farm’s best plan when it comes to rebuilding the cattle herd after drought may have a lot to do with how deeply they had to cull, according to the Beef Cattle Research Council (BCRC). The advice is the result of a BCRC modeling study, which hoped to gauge the best recovery […] Read more
Klassen: Stronger deferred live cattle futures support feeder market
Fall run seen moving into final stages
Reading Time: 2 minutes Compared to last week, western Canadian calf markets traded $5 lower to as much as $3 higher. Quality groups of heifers weighing 550-700 lbs. were notably $2-$3 higher and this was largely due to lower supplies of steers. Weather conditions improved in southern Alberta, which was supportive; however, buyers were cautious. Quality pre-conditioned calves held […] Read more
Klassen: Adverse weather limits demand for calves
Stronger Canadian dollar adds pressure
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were steady to $2 higher. Calves traded steady to $10 lower in Alberta while markets in Saskatchewan and Manitoba were quoted $5 lower to $2 higher. Adverse weather resulted in a softer tone for calves with Lethbridge temperatures dipping to -25 to -33 C last week. The […] Read more
Meatpacker JBS’s plunging profit beats forecasts
Reading Time: < 1 minute Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest meat producer, on Thursday said quarterly profit plunged 47.1 per cent, but results still beat analysts’ estimates as higher revenues helped offset shrinking margins in its U.S. beef division. The company posted a third-quarter net profit of 4.01 billion reais (C$1.001 billion), while analysts […] Read more
Klassen: Tighter supplies underpin western Canadian feeder market
Weather conditions may sway buying interest
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were unchanged to $4 higher. Heavier calves notched a week-over-week gain of $2-$4. Mid-weight and lighter calves traded steady to $5 lower in Alberta but $4-$5 on either side of unchanged in Saskatchewan and Manitoba. Yearling numbers were limited and buyers paid up for quality packages while […] Read more
A message from April Stewart, Country Guide's Associate Editor
