Reading Time: 2 minutes The Biden administration approved a second round of emergency funding to block New World screwworm from entering the U.S. on Friday, a U.S. Department of Agriculture undersecretary told Reuters, after Washington suspended cattle imports from Mexico over the pest.
USDA approves funds to fight screwworm, may resume Mexico cattle imports this year
Klassen: Feeder cattle market consolidation continues
Reading Time: 2 minutes Western Canadian feeder cattle markets were unchanged from week-ago levels. Larger pre-sort calf sales were held across the prairies. Buying interest was barely sufficient to support the market at the current levels. The risk tolerance shifted from medium to low this past week. Discounts appeared to be more severe on unweaned and unvaccinated calves. Colder […] Read more
Klassen: Feeder cattle market stabilizes
Reading Time: 2 minutes Compared to last week, Western Canadian feeder cattle markets traded $2 to $3 on either side of unchanged. Most auction barns held feature sales over the past week and steady demand was noted across the prairies. Calves appeared to gain momentum late in the week with favorable weather enhancing buying interest; however, yearlings were quite […] Read more
Klassen: Feeder market experiences bouncing behaviour
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $2-$4 higher on average; calves traded $2 to as much as $6 higher. The feeder market has recovered after a softer tone earlier in October. Favourable weather in southern Alberta over the past week caused Lethbridge-area feedlots to step forward more aggressively, especially in the lighter […] Read more
Klassen: Alberta demand drives feeder market higher
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were $2-$4 higher while calves were relatively unchanged. Stronger fed cattle prices in the deferred positions along with lower new-crop barley values resulted in a firmer tone. We’re in the last half of April and quality cattle will be hard to come by in 30 days; this […] Read more
Klassen: Seasonal strong beef demand supports feeder market
Reading Time: 2 minutes Wholesale beef values have experienced a significant rally over the past couple of weeks, which has spilled over into the fed cattle trade. Alberta packers were buying fed cattle at $274 on a dressed basis, up $2-$4 from week-ago levels. Despite the strength in the fed cattle and healthy margin structure, Western Canadian feeder cattle […] Read more
Guenther: Canada’s beef export sector waiting, watching
Reading Time: 3 minutes As speculation swirls around U.S. President-elect Donald Trump’s promise to renegotiate NAFTA, officials with Canada’s beef industry are taking a measured approach. They’re not ignoring the possibility of trade disruptions in the U.S., said Ryder Lee, CEO of the Saskatchewan Cattlemen’s Association — “but neither are we lighting our hair on fire yet at each […] Read more
Western Feedlots closure seen hurting prices
Reading Time: 2 minutes Winnipeg | Reuters — The closure of one of Canada’s biggest cattle feedlots is likely to depress prices of young cattle and the grains used to fatten them, and may increase sales to the U.S., industry officials say. Alberta-based Western Feedlots said Wednesday it will shut feeding operations early in 2017, citing poor market conditions […] Read more
Breeding cattle get market access to Turkey
Reading Time: < 1 minute Exporters of Canadian breeding cattle expect to see another $4.5 million per year in business from a new agreement for market access to Turkey, according to the federal government. Canada’s Agriculture Minister Lawrence MacAulay and Trade Minister Chrystia Freeland on Monday announced an agreement with Turkey on export certificates for Canadian breeding cattle effective “immediately.” […] Read more
A message from April Stewart, Country Guide's Associate Editor
