Livestock
Reading Time: 2 minutes For the week ending August 24, Western Canadian yearling prices were down $6-$12/cwt from seven days earlier. Calf markets traded $10-$12/cwt below week-ago levels. Larger numbers are coming on stream resulting in the softer tone.
Klassen: Larger supplies weigh on feeder market
Nova Scotia ranchers snag environmental award at Canadian Beef Industry Conference
Reading Time: 2 minutes Holdanca Farms from Nova Scotia is this year’s recipient of The Environmental Stewardship Award (TESA), it was announced on at the banquet of the Canadian Beef Industry Conference this week.
Canadian Cattle Foundation recognizes young leader and honours Reg Schellenberg’s legacy through award
Reading Time: 2 minutes The Reg Schellenberg Next Generation Legacy Award honours individuals who embody the spirit of humble leadership, mentorship, collaboration and dedication to the Canadian cattle industry. Recipients receive a buckle, sponsored by Schellenbergs family's ranch, and a bursary to attend the Saskatchewan Beef Industry Conference.
Klassen: Yearling market softens on economic uncertainty
Reading Time: 2 minutes For the week ending August 17, Western Canadian feeder cattle prices were $3-$5 lower on average. Three weeks ago, 1,000 pound steers off grass reached up to $340/cwt. This past week, these same cattle were quoted in the range of $315-$325/cwt.
Canadian egg, turkey production climbs on bird flu recovery, stronger demand
Reading Time: < 1 minute Canadian egg production reached record highs between June of last year and this May as the industry recovered from an avian flu outbreak according to Farm Credit Canada analysis.
CFIA adds requirements for cattle returning from U.S. due to bird flu
Reading Time: < 1 minute Cattle returning from the U.S. after a stay of less than 60 days will require additional certification as bird flu concerns continue.
US undercounts bird flu in cattle as farmers shun testing
Farmers fear economic losses from positive tests, leading to under-reporting; USDA offers partial compensation
Reading Time: 4 minutes The U.S. bird-flu outbreak in dairy cattle is much larger than official figures suggest due to farmers' reluctance to test their animals and risk the economic consequences of a positive result, according to Reuters interviews with dairy experts, veterinarians, and farmers in six states with known cases.
Klassen: Feeder market holds value amid economic uncertainty
Reading Time: 2 minutes Overall, the calf market appeared to be more sensitive to the weakness in the deferred live cattle futures while buyers of yearlings were focused on securing ownership. Ideas are that yearling supplies are down from year-ago levels and scarcity factor is driving the bullish enthusiasm.
U.S. livestock: CME cattle fall on rallying corn prices
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures turned lower on Monday as corn futures rallied following the U.S. Department of Agriculture’s supply and demand report that lowered corn ending stocks, traders said. Meanwhile, hog futures were mixed as bargain buying counterbalanced seasonal price pressure. CME most-active October feeder cattle FCU24 closed down 2.05 cents at […] Read more
National Beef Strategy celebrates gains
Reading Time: < 1 minute The Canadian Beef Advisors, comprised of national beef organizations, is celebrating achieving many of the goals in the 2020-24 National Beef Strategy.
A message from April Stewart, Country Guide's Associate Editor
