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Livestock

Ontario seeking new rules on scope of vet services

Changes also considered to veterinary sector oversight

By ,
Updated Nov. 23 — Ontario’s government is considering new legislation to more clearly spell out who can provide what kinds of animal care in the province’s veterinary sector. The provincial ag ministry on Monday launched a round of public consultation on the Veterinarians Act, which governs licensing of veterinarians and accreditation of veterinary facilities in […] Read more
(Dave Bedard photo)
General, Reuters

Cargill names new CEO

Former proteins boss to lead firm

By ,
Reuters — Cargill Inc. said on Monday Brian Sikes will take over as the global commodities trader’s new president and CEO effective Jan. 1. Sikes will succeed Dave MacLennan, who has served as Cargill’s CEO and chairman since 2013. MacLennan will now assume the role of executive chair of Cargill’s board of directors and will […] Read more
CME February 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle top three-week high on supply worries

Lean hog futures up with slaughter pace

By ,
Chicago | Reuters — Live cattle futures exceeded a three-week high at the Chicago Mercantile Exchange on Monday on worries about tightening U.S. supplies, while feeder cattle futures set a two-month high. Traders focused on a monthly U.S. Department of Agriculture report, issued after the market closed on Friday, that showed cattle placements into feedlots […] Read more
Wagyu beef on skewers at a Tokyo market. (Michal_Staniewski/iStock/Getty Images)
General, Markets

Feds pledge agriculture office for Indo-Pacific export support

Ottawa aims to tighten ties with region

By ,
Updated Nov. 23 — Canada’s latest round of federal efforts to boost economic ties with the Indo-Pacific region will include its first dedicated agriculture and agri-food office in the region. Prime Minister Justin Trudeau’s tour through the region last week included a pledge of $31.8 million over five years for a regional agriculture office, to […] Read more
CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle up on firm cash, speculative buying

February lean hogs end lower

By ,
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) hit the highest in nearly three weeks on Friday, supported by firm cash cattle markets and what appeared to be speculative buying, analysts said. Most-active CME February live cattle futures settled up 0.45 cent at 155.85 cents/lb. after reaching 156.125 cents, the […] Read more
Drought expands across western Prairies
Crops, Weather

Drought expands across western Prairies

By
MarketsFarm — Drought conditions expanded across Alberta and Saskatchewan in October, with very little precipitation across the agricultural regions of the two provinces since August. That’s according to the latest Canadian Drought Monitor from Agriculture and Agri-Food Canada, as of Oct. 31. At the end of that month, 72 per cent of the Prairie region […] Read more
File photo of steam rising from the top of a grain dryer. (Diane Kuhl/iStock/Getty Images)
General, Machinery, Weather

New farm fuel carbon tax rule to return to Commons

Further carbon pricing exemptions clear ag committee, with sunset clause added

By ,
A bill that would exempt more farm fuels from Canada’s federal carbon pricing scheme has cleared the Commons’ ag committee and returned to the House of Commons to seek a third and final vote. C-234, a private member’s bill sponsored by southwestern Ontario Conservative MP Ben Lobb, appeared before the Commons’ standing committee on agriculture […] Read more
CME February 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle up ahead of monthly USDA report

Lean hogs mostly up in technical trading

By ,
Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange (CME) rose on Thursday for a third straight session on steady to firmer cash cattle markets and position-squaring a day ahead of a monthly U.S. government feedlot report, analysts said. Most-active CME February live cattle futures settled up 1.15 cents at 155.4 […] Read more
Some producers say it just doesn't make sense to keep any open cows in the herd.
Beef Cattle, Cattleman’s Corner

Cull beef cows are pure economics

One producer finds there is no good reason to keep an open cow

By
In the fall, when the spring calves are weaned and removed from the cow herd, most producers walk through their herd on pasture or at home and think about which cows they should cull. Once candidates are picked, another decision is made as to whether to sell them immediately or feed them for the next […] Read more
CME February 2023 live cattle with 20- and 200-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle, lean hog futures end higher

Grain values' slip spurs buying

By ,
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) ended higher on Wednesday as expectations of tightening cattle supplies and a setback in grain prices sparked a round of buying, traders said. The most-active CME live cattle futures, for February delivery, settled up 1.2 cents at 154.25 cents/lb., a day after […] Read more

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