Livestock
Reading Time: 2 minutes The dairy sector seems set to stabilize in 2024 amidst high processor demand and leveling-off input costs, Farm Credit Canada says.
Dairy sector set to stabilize in 2024: FCC
Feed prices, butter stocks, retail demand and inflation top trends to watch
Klassen: Feeder market continues to climb
Canadian values appear to be one week behind the U.S. market
Reading Time: 2 minutes For the week ending February 10, Western Canadian the market for yearlings over 800 pounds was $3/cwt to $6/cwt compared to a week earlier. Feeder cattle suited for grass and calves were up $8/cwt to as much as $25/cwt in some cases compared to the week prior. Quality steers averaging 600 pounds were readily trading in the range of $410-$425 up from the range of $380-$395 last week.
Feed grain weekly outlook: Ample supplies pushing down prices
Livestock feeders well covered with U.S. corn, pressuring prices
Reading Time: 2 minutes Due to good supplies, prices for feed barley and wheat continued to slide back, according to Jim Beusekom of Market Place Commodities in Lethbridge, Alta.
Klassen: Canadian feeder market jumps on USDA data
The U.S. cattle herd reached lowest head count since 1950s, trade anticipates heifer retention
Reading Time: 2 minutes For the week ending February 2, Western Canadian feeder cattle prices were up $6/cwt to $12/cwt from seven days earlier. Certain pockets of Western Canada had grass cattle trading $12/cwt to as much as $20/cwt above the previous week.
“Animal-free” milk gets green light in Canada
Company touts synthetic dairy as more environmentally friendly, healthy
Reading Time: 2 minutes In a news release today, Israeli startup Remilk, which uses the tagline "Real Dairy. No Milk," announced it had received a 'No Objection Letter' from Health Canada. This will "open the door for use of Remilk's protein in a variety of products with the same taste and texture as milk, ice cream, yogurt, cream cheese, and more," the company said.
Total US cattle herd drops to lowest level since 1951 – USDA
Easing dryness could encourage ranchers to begin rebuilding beef herds
Reading Time: < 1 minute Chicago | Reuters - The total number of U.S. cattle fell to its lowest level since 1951 as of Jan. 1, in the herd's fifth consecutive year of decline, U.S. Department of Agriculture data showed on Wednesday.
U.S. livestock: CME cattle soar as cash markets firm
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures jumped on Thursday, buoyed by rising cash cattle prices and a government inventory report confirming that the total number of U.S. cattle fell to a 73-year low. CME April live cattle futures LCJ24 settled up 2.475 cents at 183.175 cents per pound, nearing Monday’s 2-1/2-month high of […] Read more
Prairie feed market remains under pressure
U.S. corn imports adding to lack of demand for domestic barley
Reading Time: 2 minutes Feed grain markets in Western Canada remain under pressure, with end users well covered and farmers still sitting on large amounts of unpriced grain.
First-of-its-kind cattle methane limiter approved for Canada
Enteric methane emissions from cattle contributes 3.3 per cent of Canada’s total GHG emissions
Reading Time: 3 minutes A feed ingredient designed to reduce methane emissions in beef and dairy cattle has received market authorization in Canada.
Sask. livestock drought program extended
Ten RMs added to area eligible for per-head payment, application deadline lengthened
Reading Time: < 1 minute Governments have expanded and extended the Canada-Saskatchewan Feed Program available to the province's livestock producers. Ten rural municipalities have been added to the area eligible for the initial $150 per head payment, and the application deadline has been extended to March 15.
A message from April Stewart, Country Guide's Associate Editor
