Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Stronger export demand appears to be supporting the market in Manitoba and certain pockets in Saskatchewan; however, Alberta feedlot interest remains subdued. Adverse weather continues to plague southern Alberta. Snow and freezing temperatures followed by brief melting periods have resulted in very poor […] Read more
Klassen: Feeder market stabilizes
Klassen: Feeder market continues lower trend
Reading Time: 2 minutes Western Canadian feeder cattle markets traded $5 to $8 below week-ago levels; noticeable declines were noted in the lighter weight categories, which were down $6 to as much as $10. Adverse weather continues to plague the feedlot regions of Alberta and Saskatchewan. Another snowfall over the weekend caused pen conditions to erode to lowest levels […] Read more
U.S. livestock: CME lean hogs jump on short-covering
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied more than three per cent on Monday in a short-covering and bargain-buying rebound from life-of-contract lows posted last week, traders said. Some contracts, including actively-traded June, rose by as much as the daily three-cent limit as a steady slide in prices over the past […] Read more
Marfrig to buy control of U.S.-based National Beef
Reading Time: 2 minutes Sao Paulo | Reuters –– Brazil’s Marfrig Global Foods said Monday it would buy control of Kansas City-based National Beef Packing for US$969 million, in a deal that would make it the world’s No. 2 beef processor. Marfrig also said it was seeking to sell an existing U.S. unit, Keystone Food. The proceeds will be […] Read more
Quebec cattle producers join national body
Reading Time: 2 minutes Quebec’s cattle producer group is now the ninth provincial member cattle organization in the Canadian Cattlemen’s Association. Les producteurs de bovins du Quebec (PBQ) announced its membership in the CCA during the provincial body’s annual meeting Wednesday and Thursday in Quebec City. “At a time when new frontiers are continually opening up and our buyers […] Read more
U.S. meat groups fear for market growth with China beef tariff hike
Reading Time: 2 minutes Chicago | Reuters — China’s proposal on Wednesday for tariffs on U.S. beef confirmed the worst-case scenario for the U.S. cattle industry, trade groups said Wednesday, even as they remained hopeful the dispute could be resolved quickly. China listed U.S. goods from soybeans to beef that could potentially incur a 25 per cent import tariff […] Read more
Klassen: Rising feed grain prices weigh on feeder market
Reading Time: 2 minutes Western Canadian yearling prices were relatively unchanged from week-ago levels; however, feeder cattle fit for grass and calves dropped $4 to as much as $10 from seven days earlier. Rising feed grain costs appear to be affecting lighter weight categories more than the yearling market. Feedlots will be struggling with negative margins through the summer […] Read more
Honest to goodness
More brothers and sisters: For the Noble family, success means learning how to change open communication from a threat into a strength
Reading Time: 4 minutes Brothers and sisters are working together on more farms all the time. More and more too, there are multiple siblings on these farms, not just one of each. To outsiders, it can seem like so many more chances for family to get in the way, and so many chances for old rivalries to flare up. […] Read more
Klassen: Feedlots struggle through adverse weather
Reading Time: 2 minutes Western Canadian yearling prices experienced a week-over-week decline of $5-$8 with some pockets deteriorating $10 to as much as $12. Adverse weather in southern Alberta has resulted in limited buying interest from main feedlot operators. Feedlot Alley has received 150-200 per cent of normal precipitation over the past 60 days. Snow and rain, along with […] Read more
New chief acclaimed for national cattle producer group
Reading Time: 2 minutes A former president of the B.C. Cattlemen’s Association is the new president of the national cattle producers’ body. David Haywood-Farmer was elected by acclamation as president of the Canadian Cattlemen’s Association at the group’s annual general meeting last week in Ottawa. Haywood-Farmer, a cow-calf producer at Savona, B.C., about 40 km west of Kamloops, was […] Read more
A message from April Stewart, Country Guide's Associate Editor
