Livestock
Reading Time: 2 minutes For the week ending September 7, Western Canadian yearling markets traded steady to $5/cwt higher in Alberta but steady to $6/cwt lower in Saskatchewan and Manitoba compared to seven days earlier. Major feedlots in Alberta appear to be focusing on local cattle. The calf market is in price discovery mode with prices quoted $10/cwt higher to $10/cwt lower.
Klassen: Feeder cattle markets in price discovery mode
U.S. livestock: CME cattle fall amid fears over labour market
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures fell on Friday on a dip in equities markets, slowing momentum in the labour market and a weak cash cattle trade, analysts said. Lean hog futures also fell as industry players anticipated a large supply of heavy hogs to hit the market […] Read more
U.S. livestock: CME cattle fall as consumers opt for cheaper meats
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures fell on Thursday on renewed worries over inflation-hit consumers’ ability to purchase pricy cuts of meat, traders said. Hog futures also fell on a seasonal lull in prices and a strong supply of heavy hogs. Beef and pork demand has eased […] Read more
Bird flu spreads to California dairy cows
Reading Time: < 1 minute Cows at three dairy farms in California tested positive for H5N1 bird flu at the end of August, marking an expansion of the virus into the largest dairy producing region of the United States, according to an announcement from the state’s agriculture department. More than 190 herds have been infected across the U.S. since March, […] Read more
Feed Weekly: More grain to enter feed markets
Reading Time: 2 minutes Feed barley and feed wheat are in no short supply on the Prairies, according to Jim Beusekom, president of Market Place Commodities in Lethbridge, Alta. He has recently seen light test-weight barley and wheat coming from various places in Western Canada being shipped to feedlots. Beusekom added the feed grains were coming from “almost everywhere […] Read more
U.S. livestock: CME cattle dip on weak cash market, rising corn prices
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures fell on Wednesday following recent weakness in cash prices and as corn prices sustained a small rally, traders said. Traders also monitored U.S. beef demand. Demand for beef typically weakens after Labor Day, which is considered the last major grilling holiday […] Read more
U.S. livestock: CME cattle, lean hog futures turn higher as wholesale prices firm
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures turned higher on Tuesday, as wholesale prices firmed and the slaughter pace temporarily shrank as some plants shuttered over the holiday weekend, analysts said. Strong boxed beef prices continued to underpin cattle markets, traders said. Select boxed beef prices rose on Tuesday morning, with prices […] Read more
Klassen: Feeder cattle market stabilizes
Reading Time: 2 minutes For the week ending August 31, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Finishing feedlots are exuding a cautious sentiment. While order buyers had a full deck, there were upside limits. Pen-sized strings of quality yearlings traded at a premium to average values. Alberta packers were buying fed cattle […] Read more
Federal government opens bids for foot and mouth vaccine bank providers
Reading Time: < 1 minute Canadian government opens bids for foot and mouth vaccine bank providers.
US tests for bird flu in California dairy cattle
Reading Time: < 1 minute The U.S. Department of Agriculture is testing to confirm possible cases of bird flu in dairy cattle in California, the nation's biggest milk-producing state, USDA said on Friday.
A message from April Stewart, Country Guide's Associate Editor
