Reading Time: 3 minutes While a new United Nations report on climate change and land calls for “rebalancing diets,” the policy paths it seeks are a good fit for beef cattle ranching as Canadians know it, the Canadian Cattlemen’s Association says. Responding Thursday to the report from the UN’s Intergovernmental Panel on Climate Change (IPCC), the CCA said Canada’s […] Read more
Beef sector sees place in UN report’s lower-emission vision
Klassen: Feeder prices ratchet higher
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $3-$5 higher on average; however, there were a few feature sales quoted $8 to as much as $10 above week-ago levels. Finishing feedlots were fairly aggressive on backgrounded cattle, which was the main source of yearlings last week. Early grassers are starting to come on the […] Read more
U.S. livestock: Hog futures set nine-month low on big supplies, China trade tensions
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures extended their decline on Friday, with the most active contract touching its lowest price in nine months under pressure from large supplies and the worsening U.S.-China trade war. Cattle futures also weakened. China on Friday vowed to fight back against U.S. President Donald Trump’s abrupt […] Read more
Trump, EU officials announce deal to sell more U.S. beef to Europe
Reading Time: 3 minutes Washington | Reuters – U.S. President Donald Trump announced a deal on Friday to sell more American beef to Europe, a modest win for an administration that remains mired in a trade war with China, but he said tariffs on European auto exports remain a possibility. The European Commission has stressed that any beef deal […] Read more
Cattle feeding getting expensive in Manitoba
Reading Time: < 1 minute MarketsFarm – With a looming feed shortage, it has been getting more costly to feed cattle, said Mike Nernberg, marketing representative for Winnipeg Livestock Sales. Nernberg estimated it has been costing about C$4.00 per day to feed an individual animal, which adds up given the amount a feedlot is feeding and for the length of […] Read more
U.S. livestock: CME hogs drop to five-month low as U.S.-China trade tensions escalate
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures sank on Thursday, with the most-active contract touching its lowest price in more than five months, as U.S. President Donald Trump ratcheted up tensions in a war of tit-for-tat tariffs with China. Feeder cattle futures also slumped, and live cattle traded higher. American hog farmers […] Read more
U.S. livestock: CME hogs sink by daily limit, hit three-week low on U.S.-China trade worries
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures tumbled by the daily, exchange-imposed limit on Wednesday, with the most actively traded contract setting a three-week low, as U.S.-China trade talks ended with no apparent signs of progress. Cattle futures also slumped as widespread selling hit U.S. agricultural markets on the last day of […] Read more
U.S. livestock: CME hog futures drop to two-week lows on U.S.-China trade worries
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures extended losses on Tuesday, with U.S.-China trade concerns helping to push prices to their lowest levels in about two weeks. China imposed retaliatory tariffs on imports of U.S. pork and other farm products last year as part of the two nations’ ongoing dispute, hurting exports […] Read more
Klassen: Feeder cattle markets remain firm
Reading Time: 2 minutes Western Canadian feeder cattle prices were unchanged from seven days earlier. Strong buying interest was noted from finishing feedlots in Alberta. Orders flowed across the prairies keeping prices relatively even. U.S. feeder cattle markets traded $3 to as much as $8 higher in the Northern Plains which also underpinned prices in Saskatchewan and Manitoba. There […] Read more
U.S. livestock: CME hog futures drop by daily limit in retreat from gains
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures stumbled on Monday, with technical selling and profit-taking knocking the hog market to its lowest price levels in more than a week. Traders said the market was ready for a setback after most-active October hogs climbed more than 20 per cent from a four-month low […] Read more
A message from April Stewart, Country Guide's Associate Editor
