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Beef cattle

Cattle prices encouraging herd expansion
Beef Cattle, Cattleman’s Corner, Markets

Cattle prices encouraging herd expansion

Market Update: Consumer spending on beef has been strong, but will it continue?

By
During the third week of June, Alberta packers were buying fed cattle on a dressed basis at $415/cwt delivered. Prices f.o.b the feedlot in southern Alberta were averaging $246/cwt. The U.S cattle herd has been contracting for the past four years. Cattle prices are now functioning to encourage expansion. Wholesale beef prices are also trading […] Read more
This file photo shows a rack of blood samples being tested for bovine tuberculosis in New Zealand dairy cattle. (Lakeview_Images/iStock/Getty Images)
Beef Cattle, Livestock

More bovine TB cases found in Saskatchewan herd

Herd now depopulated, one separate contact herd identified

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Corrected, July 14 — Postmortem testing of a Saskatchewan cattle herd culled after turning up three confirmed cases of bovine tuberculosis (TB) has yielded six more cases. The Canadian Food Inspection Agency (CFIA), which is tasked with testing the infected herd, said Thursday that as of July 12, a total of eight cases of bovine […] Read more
CME August 2023 lean hogs with 20- and 50-day moving averages and CME cash lean hog index (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hog futures gain as pork prices rise

Cattle futures end mixed

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher on Thursday, buoyed by rising wholesale pork prices and firm cash hog values, traders said. The U.S. Department of Agriculture (USDA) quoted the wholesale pork carcass cutout at $110.90 per hundredweight (cwt), up 24 cents from Wednesday, and pork bellies rose $17.08, to […] Read more
Aerial view of Centerm, a Burrard Inlet terminal for containerized cargo at the Port of Vancouver. (Bloodua/iStock/Getty Images)
General, Machinery, Markets

B.C. waterfront work to resume ‘as soon as possible’

BCMEA, ILWU reach tentative four-year deal

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Striking longshore workers and their management are “finalizing details” for work to resume at Canada’s West Coast ports after a tentative deal was reached Thursday. The B.C. Maritime Employers Association said in a release Thursday morning it had reached a tentative pact with the International Longshore and Warehouse Union (ILWU Canada) on a new four-year […] Read more
There are 37 acres of annual pasture seeded to two different blends including a cover crop blend that includes, oats, peas, sunn hemp, sunflower, crimson clover, lablab (a forage legume that grows similar to sweet pea), and radish.
Beef Cattle, Columns, Livestock

All efforts geared toward sustainable beef and crop production

Quebec producer adopts regenerative agriculture practices in a bid ‘to do something different’

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Stéphane Guay produces beef and cash crops on his farm in southwest Quebec, but there is so much more happening on this 400-acre regenerative agriculture operation he’s been developing over the past few years. Yes, there are cattle and crops, but they’re just part of a diversified farming operation that includes a wide range of […] Read more
It was all hands on deck for processing of cows and calves in mid-May before they head out to summer pasture.
Columns

Water diverted to fields to get grass growing

Rancher's Diary: Cattle are processed and soon heading to summer range

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April 27 This past week was cold, windy and more snow. Last Thursday we put the last two pairs out of the barn and into pens with windbreaks and roof shelters over the corners so those new babies could get out of the wind and snow. Friday evening grandson Nick came by and we gave […] Read more
CME August 2023 live cattle with 20- and 50-day moving averages and October 2023 live cattle (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle down off contract highs on profit-taking

Hogs also down off early strength

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned lower on Wednesday on a round of profit-taking after most months climbed to life-of-contract highs, with a seasonal downturn in beef prices adding to bearish sentiment, traders said. Most-active August live cattle futures settled down 1.95 cents at 176.875 cents/lb., retreating after rising to […] Read more
JBS signage at Greeley, Colorado. (JBS.com.br)
Livestock, Markets, Reuters

Brazil’s JBS reboots plan to list shares in New York

International meat packer hopes for access to lower-cost capital

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Sao Paulo | Reuters — JBS SA, the world’s largest meat packer, on Wednesday proposed listing its shares in New York, hoping the move will bring its multiples closer to peers and that a broader investor base will give it more access to cheaper capital, sending its shares up eight per cent in mid-morning trade. […] Read more
File photo of beluga whales in Hudson Bay off Churchill, Manitoba. (Lynn_Bystrom/iStock/Getty Images)
General, Weather

Prairie Forecast: Large Hudson Bay low dominates

Forecast issued July 12, covering July 12-19

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As the weather models correctly predicted, a large and extremely strong area of low pressure formed over Hudson Bay during the last forecast period, bringing the expected cool and unsettled weather to the eastern half of the Prairies. Over the western half of the Prairies a weak upper-level ridging brought, for the most part, sunny […] Read more
File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Beef Cattle, Livestock, Sheep/Goats

Alberta lifts feeder loan guarantee limit

Amendment boosts individual limit by 50 per cent

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Alberta has boosted the limit on the size of loan available under its Feeder Associations Loan Guarantee program, aiming to help producers keep up against rising livestock prices. An order in council amending the provincial Feeder Associations Guarantee Regulation was approved Monday, raising that program’s individual and joint-membership loan limit to $3 million, from $2 […] Read more

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