Reading Time: 2 minutes The last of 38 cattle herds to be checked for bovine tuberculosis in a federal trace-out investigation across three provinces has been released from movement controls. The Canadian Food Inspection Agency on Monday reported that a central Saskatchewan herd has now been released from controls which were imposed in December last year. CFIA said in […] Read more
Last of trace-out quarantines lifted in bovine TB probe
‘There’s no place like first place’ says billionaire cattleman
Just how differently do you have to think to succeed like Bob Funk?
Reading Time: 9 minutes What does success mean to you? If you posed that question to billionaire cattleman Bob Funk — who grew up on a small, impoverished family farm and went on to earn fame and fortune — you might be surprised by his response. “Money is not my motivator and never will be,” Funk says. “Entrepreneurship is […] Read more
Japan deal levels field for U.S. beef, but sales surge unlikely
Reading Time: 3 minutes Tokyo/Chicago | Reuters — U.S. beef exporters, unhappy after President Donald Trump pulled out of a multilateral trade pact in 2017, stand to sell more meat in Japan after the U.S. leader and Japanese Prime Minister Shinzo Abe cut a deal to slice into tariffs. But agriculture experts say that for now, that boost may […] Read more
Klassen: Feeder cattle market remains volatile
Reading Time: 2 minutes Western Canadian yearling markets appeared to stabilize after coming under pressure earlier in the month. Compared to last week, yearling prices were unchanged to $4 higher on average while calf markets traded $2-$3 on either side of unchanged. Major feedlots were more aggressive for 800-plus-lb. cattle as feed grain prices continue to grind lower. Favourable […] Read more
Klassen: Feeder market experiences softer demand
Reading Time: 2 minutes Compared to the previous week, western Canadian yearling markets traded $4-$6 lower on average; calves were down $5 to as much as $10 in some cases. U.S. feeder cattle markets were also down $5-$8 from seven days earlier. The extended period of negative feeding margins appears to be taking a toll on the feeder market. […] Read more
Klassen: Feeder market experiences mixed tone
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices traded $3-$5 on either side of unchanged. Auction market volumes are growing in Saskatchewan and Manitoba; however, central Alberta prices held a definite premium of $8-$10 over the eastern Prairie regions. Ontario orders are starting to surface in Manitoba but prices were out of reach with Alberta […] Read more
Brazil’s JBS says it uses satellites to monitor cattle suppliers
Reading Time: < 1 minute Sao Paulo | Reuters — The world’s largest meatpacker JBS SA is closely monitoring the origin of the cattle it buys in Brazil amid heightened concerns about environmental preservation and sustainable business practices, its CEO said Wednesday. Speaking at an industry event in Sao Paulo, JBS CEO Gilberto Tomazoni said the company is using satellite […] Read more
USDA to probe beef market after Tyson plant fire
Reading Time: 2 minutes Chicago | Reuters — U.S. Agriculture Secretary Sonny Perdue ordered an investigation into widening prices between cattle and beef on Wednesday after a recent fire at a Tyson Foods slaughterhouse in Holcomb, Kansas, shut the plant. Cattle prices have tanked because the fire temporarily eliminated a key buyer of livestock. Producers have worried that meat […] Read more
Klassen: Feeder cattle market recovers
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $4-$6 higher on average; some packages in Alberta sold $8 to as much as $10 above week-ago levels. Larger feedlot operations were very aggressive on 750- to 900-pounders. The quality of yearlings is excellent at this time of year. Comments from the front row suggest most […] Read more
Klassen: Feeder cattle falter under fed cattle uncertainty
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were down $2-$4 on average. The feeder cattle market was hard to define due to limited volumes; however, prices were down $2 to as much as $6 in some cases. The Aug. 9 fire at a Tyson packing plant near Holcomb, Kansas set a negative tone for […] Read more
A message from April Stewart, Country Guide's Associate Editor
