Reading Time: 2 minutes Average prices for steer and heifer calves jumped $8-$10 this past week with some buyers reporting values as much as $15 above week-ago levels. Feedlot operators could feel it in their bones earlier in November and there were no strings attached on orders flowing across the Prairies. Favourable weather reinforced the narrow premium of weaned […] Read more
Klassen: Feeder cattle jump on positive outlook
U.S. October feedlot cattle placements hit four-year low
Reading Time: 2 minutes Chicago | Reuters –– U.S. feedlots in October received five per cent fewer cattle than a year earlier, the U.S. Department of Agriculture said Friday, a four-year low for that month that was in line with average trade predictions. Ranchers grew cattle outside of feedlots longer thanks to still healthy grazing pastures in parts of […] Read more
Bovine TB probe turns up more TB-positive cattle
Reading Time: 2 minutes Federal inspectors have confirmed a southeastern Alberta cow found with bovine tuberculosis in September was not just a one-off. The Canadian Food Inspection Agency on Friday reported five more cattle from the initial cow’s index herd in southeastern Alberta are confirmed to have been infected with Mycobacterium tuberculosis bacteria — presumed to be to be […] Read more
Mentorships get real
Today’s mentorships are more relevant than ever, with a focus that includes business management, risk analysis, employee motivation and much more
Reading Time: 7 minutes On the traditional family farm, parents, grandparents and other family members have always been the mentors for those who follow, and agriculture today owes a tremendous debt to them for having trained generation after generation of new farmers. But today is also different. Canada’s farms are more complex than ever, and they’re only getting more […] Read more
Bovine TB strain of Mexican origin in Alberta probe
Reading Time: 2 minutes While new to Canada, the strain of tuberculosis bacteria which infected the Alberta cow at the centre of a bovine TB probe has been seen before in Mexico. The Canadian Food Inspection Agency on Wednesday reported the strain of Mycobacterium bovis found in a southeastern Alberta cow is “closely related” to a strain originating from […] Read more
Klassen: Strong demand underpins feeder market
Reading Time: 2 minutes Western Canadian feeder cattle markets traded steady to $3 above week-ago levels; however, weaned lower-flesh calves were $3 to as much as $6 higher. Southern Alberta calf sales are winding down while other regions are just getting started. This resulted in surreptitious behaviour from Lethbridge-area feedlot operators. Orders stretched across the Prairies, like a slow-moving […] Read more
Bovine TB quarantines push into Saskatchewan
Reading Time: 2 minutes Two farms in southwestern Saskatchewan have been added to the list of those under federal quarantine as inspectors widen their search for cattle exposed to a new-to-Canada strain of bovine tuberculosis (TB). As of Thursday, the Canadian Food Inspection Agency said it had “approximately 33” farms in Alberta and two in Saskatchewan under quarantine. The […] Read more
U.S. livestock: CME live cattle futures climb as cash price outlook improves
Reading Time: 2 minutes Chicago/Reuters – Chicago Mercantile Exchange live cattle futures on Thursday gained for a third straight day, driven by short-covering following renewed optimism for cash prices by Friday, traders said. December and February contracts broke through their respective 10-day moving averages of 102.90 and 104.86 cents, which triggered fund buying. December live cattle closed 1.025 cents […] Read more
U.S. livestock: CME live cattle futures shrug off early losses
Reading Time: 2 minutes Chicago/Reuters – Chicago Mercantile Exchange live cattle futures closed higher on Wednesday after bargain buying and cash price expectations offset initial selling, said traders. CME cattle and hog market participants at first sold futures after Donald Trump unexpectedly won the U.S. presidential election on Tuesday. “People are still concerned about what a Trump administration would […] Read more
U.S. livestock: Bargain buying reverses CME live cattle futures skid
Reading Time: 2 minutes Chicago/Reuters – Chicago Mercantile Exchange live cattle futures rallied on Tuesday as strength from bargain buying and short-covering ended the market’s four-session slide, said traders. They said futures garnered more support from fund buying after contracts broke through technical resistance levels. Most actively traded December live cattle closed 0.950 cent per pound higher at 102.600 […] Read more
A message from April Stewart, Country Guide's Associate Editor
