Reading Time: < 1 minute Chicago | Reuters — The U.S. Department of Agriculture (USDA) announced on Friday an atypical case of bovine spongiform encephalopathy (BSE), in an older beef cow at a slaughter plant in South Carolina. USDA said the animal never entered slaughter channels and the agency did not expect any trade impacts as a result. It was […] Read more
U.S. reports case of atypical BSE
U.S. beef cow herd falls to lowest level since 1962, USDA says
Last year saw record cull, Rabobank reports
Reading Time: < 1 minute Chicago | Reuters — The U.S. beef cow herd dropped to its lowest level since 1962, U.S. Department of Agriculture data showed on Tuesday, after a severe drought raised costs for livestock feed. Ranchers increasingly sent cows to slaughter last year, instead of keeping them to reproduce, as dry weather reduced the amount of pasture […] Read more
Going for nutrition rather than bushels per acre
Silage-specific corn hybrids can offer better returns in beef and milk
Reading Time: 5 minutes When commodity prices are higher than normal, it’s sometimes hard to switch gears and think about corn production using a metric other than bushels. But precision agriculture techniques can also be used to maximize feed characteristics for meat and milk production. At the 2022 edition of Canada’s Outdoor Farm Show, seed companies were distributing their […] Read more
Klassen: Stronger deferred live cattle support feeder market
Cow-calf operators seen hesitant to expand
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged. Calf prices were mostly unchanged compared to seven days earlier; however, there were pockets where buyers reported prices up $2-$3 on average. The Alberta calf market appeared to stage a minor recovery after softening over the past month. Manitoba markets […] Read more
Inspiring ideas on the farm
Which is more important — the idea, or the person who has it?
Reading Time: 7 minutes Everyone has ideas. Every day. Every hour. And some of those ideas really are solid. Some are even exceptional. Yet only a few of us actually take those ideas and turn them into successful farm businesses. What is it about the people who do that? What’s their magic? For some light on all this, Country […] Read more
U.S. livestock: Supply concerns drive CME live cattle to new contract high
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed higher and reached a new contract high on Wednesday amid concerns about tightening U.S. supplies, brokers said. Strong recent gains have left the market technically overbought and due for a setback, brokers said. “We’ve had a nice rally here,” said Matt Wiegand, commodity broker […] Read more
JBS quarterly profit falls almost 10 per cent but tops estimates
Cattle prices 'above the expected level'
Reading Time: 2 minutes Sao Paulo | Reuters — JBS, the world’s largest meatpacker, posted an almost 10 per cent drop in net profits, to US$766 million, driven by the relative weakness of its U.S. beef and pork units in the second quarter, according to an earnings statement on Thursday. Still, it beat analysts’ forecasts. JBS reported a 4.6 […] Read more
National cattle producer group rebrands
Former Canadian Cattlemen's Association renamed
Reading Time: 2 minutes Canada’s national beef cattle producer body is rebranding under a slightly shorter new name that serves in part to clear away any potential whiff of a guys-only club. The organization formerly known as the Canadian Cattlemen’s Association on Thursday launched what it describes as a “a new brand identity, highlighting the strong and diverse group […] Read more
Klassen: Feeder market showing strength in deferred positions
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were $3-$5 lower on average while calves traded steady to $4 lower. Outside central Alberta, the steer-heifer spread appeared to widen by $2-$4. Strength in corn futures contributed to the defensive tone. Feedlot operators buying hand-to-mouth have been caught off guard with the recent jump in feed […] Read more
Klassen: Feeder cattle market experiences volatility
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $2 higher to as much as $5 lower depending on the region. Mid-weight calves weighing 650-800 lbs. were relatively unchanged while lighter weight calves were steady to $3 higher on average. June live cattle are off $9 from their mid-February highs while the December 2022 live […] Read more
A message from April Stewart, Country Guide's Associate Editor
