Reading Time: 2 minutes Most auction barns were in holiday mode last week, which made the market hard to define. However, comments from local buyers suggest demand is building for shorter-term replacements due to healthy feedlot margins. Small groups were on offer with limited numbers available, and there was a wide range on similar weight classes across the Prairies. […] Read more
Klassen: Demand for shortkeep feeders drives complex higher
No TB quarantines lifted over holidays
Reading Time: 2 minutes None of the 50 ranch properties still under federal quarantine for bovine tuberculosis in southeastern Alberta and southwestern Saskatchewan have been released in the past two weeks, officials reported Thursday. The Canadian Food Inspection Agency on Thursday resumed regular updates on its ongoing investigation into cases of bovine TB in the area. As of Thursday, […] Read more
Klassen: Feeder market starts new year on firm tone
Reading Time: 2 minutes February live cattle futures reached six-month highs during the last week of 2016, which quickly spilled over into western Canadian feeder cattle markets. While most auction barns were closed for the holiday season, there was some direct off-farm-to-feedlot movement. Limited sales were reported, but values were $2-$6 higher compared to the third week of December. […] Read more
U.S. livestock: Cattle, hog futures mixed on end-of-year positioning
Reading Time: 2 minutes Chicago/Reuters – Chicago Mercantile Exchange live cattle futures were narrowly mixed on Friday, paring earlier steep gains on end-of-year positioning, traders said. Stronger bids for cattle in U.S. Plains cash markets underpinned prices. But some investors took profits after most-active February futures hit an eight-month high before turning slightly lower. Despite the recent rally, cattle […] Read more
Quarantines added in bovine TB probe
Reading Time: 2 minutes Federal inspectors’ search for animals exposed to one of six Alberta cattle confirmed with bovine tuberculosis (TB) has led them to quarantine more farm sites for testing. As of Wednesday, “approximately 50” farm sites, mostly in southeastern Alberta with “approximately five” in southwestern Saskatchewan, are under quarantine and movement controls, affecting about 26,000 animals, the […] Read more
Klassen: Feeder cattle resume upward trend
Reading Time: 2 minutes Western Canadian feeder cattle prices resumed the upward trend after a brief dip during the first major snowstorm of the year. Feeder cattle weighing above 750 lbs. traded $2-$4 above week-ago levels while calves were readily selling for $4 to as much as $8 higher. Optimism abounds in the feedlot sector, as Alberta fed cattle […] Read more
Six quarantines lifted in bovine TB probe
Reading Time: < 1 minute Six premises deemed to be “low-risk” have been released from federal quarantine as officials continue their hunt for Alberta and Saskatchewan cattle exposed to bovine tuberculosis. The Canadian Food Inspection Agency on Wednesday reported it had lifted movement controls on six premises where “appropriate testing” has been completed on cattle so far in the agency’s […] Read more
Klassen: Winter conditions weigh on feeder market
Reading Time: 2 minutes Western Canadian feeder cattle prices traded steady to $3 lower compared to seven days earlier. The market tends to soften during the first major snowstorm each year, but the established risk discount was not as severe as in past years. Notwithstanding the cold temperatures and adverse weather conditions, feedlot operators continued to step forward fairly […] Read more
New quarantines added in bovine TB probe
Reading Time: 2 minutes About 50 premises in Alberta and Saskatchewan are now under federal quarantine as the hunt continues for animals exposed this fall to one of six Alberta cattle with bovine tuberculosis. The Canadian Food Inspection Agency announced Wednesday it had added more premises to the quarantined list, covering over 26,000 animals, including infected premises. The 50-odd […] Read more
JBS plans U.S. IPO for international unit
Reading Time: 2 minutes Sao Paulo | Reuters –– Brazilian food maker JBS SA, the world’s largest beef processor, plans to launch shares of its subsidiary JBS Foods International B.V. in the U.S. in the first half of 2017 as a part of a larger reorganization, the company said on Monday. Under the plan, the unit currently based in […] Read more
A message from April Stewart, Country Guide's Associate Editor
