Reading Time: 2 minutes Western Canadian feeder cattle markets were quite variable from seven days earlier. Prices were unchanged in the eastern Prairie regions; however, Alberta markets traded $3 to as much as $7 below week-ago levels. Alberta and Saskatchewan feedlot inventories are running 16 per cent above year-ago levels, so there’s limited buying power available. Calves are fleshier […] Read more
Klassen: Feeder market searching for direction
Alberta cattle producers vote to keep refundable checkoff
Reading Time: 2 minutes Preliminary results in Alberta beef producers’ service charge plebiscite put a slim majority in favour of keeping their checkoff refundable. Out of 1,874 votes cast, 962 votes, or 51.3 per cent, fell in favour of a refundable service charge model, with 908 for a non-refundable model and four ballots spoiled, according to the preliminary figures […] Read more
Klassen: Feeder cattle market stabilizes
Reading Time: 2 minutes Western Canadian feeder cattle markets were unchanged from week-ago levels. Favourable weather conditions enhanced buying interest from cattle feeders in Feedlot Alley; however, cattle-on-feed inventories in Alberta and Saskatchewan are running 16 per cent above year-ago levels. Pen space remains at a premium due to limited capacity. County permit fees and added regulations have also […] Read more
Klassen: Softer demand causes feeder prices to weaken
Reading Time: 2 minutes Compared to last week, Alberta feeder cattle markets traded $4 to as much as $8 lower; however, Manitoba and Saskatchewan prices experienced a week-over-week decline of $3 to $5 on average. Demand from Eastern Canada appeared to limit slippage in the eastern Prairie regions but some of these markets also faltered late in the week. […] Read more
Bovine TB case turns up in southern B.C.
Reading Time: 3 minutes Federal food safety officials are now looking into the life story of a slaughtered British Columbia beef cow confirmed with bovine tuberculosis. The Canadian Food Inspection Agency on Monday announced it has launched an investigation after a mature beef cow was confirmed Nov. 9 with bovine TB. The case comes a few months after the […] Read more
Five tips for grazing corn this winter
Corn grazing is becoming more popular across Canada because producers can grow more biomass on less land. If you are planning on grazing corn this winter, here are five tips to help you make the most of the corn grazing season:
Japan considers scrapping age limit on U.S. beef imports
Reading Time: < 1 minute Tokyo | Reuters — Japan is considering scrapping import restrictions on U.S. beef purchases that were put in place after the first case of BSE in the U.S. in 2003, local media reported on Thursday. Both the Nikkei business daily and Mainichi newspaper said officials are discussing removing the curbs that currently only allow beef[...]
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JBS posts narrower-than-expected quarterly loss
Reading Time: 2 minutes Sao Paulo | Reuters — Brazil-based food company JBS SA on Tuesday posted a narrower than expected quarterly loss on the back of a strong performance by its Seara processed foods and Brazil beef divisions, and resilience in certain of its U.S. operations. Seara booked net sales of 4.9 billion reais (C$1.72 billion) last quarter,[...]
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Klassen: Weather weighs on feeder cattle
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Eastern Prairie regions experienced demand from Ontario and Quebec, which limited the downside; however, Alberta markets faltered as buyers, having factored in a higher deathloss due to adverse weather. Light wet snow along with warmer temperatures during the[...]
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U.S. livestock: Cattle futures drop most since June on weaker cash market
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell more than 1 percent on Friday, sagging under pressure from lower wholesale beef prices and slightly weaker trades in cash cattle markets in the southern Plains, traders said. Front-month December live cattle settled 1.975 cents lower at 114.575 cents per pound. The contract finished[...]
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