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Beef cattle

CME May 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Finishers, Livestock, Markets

Klassen: Feeder market remains volatile

Feed grain values remain firm

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Last week, western Canadian yearling markets were traded $2-$4 above week-ago levels from Monday through Wednesday; however, buyers backed away from the market on Thursday and Friday as feeder cattle futures fell nearly $7 from Wednesday’s high. By the end of the week, yearlings were relatively unchanged from week-ago levels. Calf prices were relatively flat […] Read more
CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures gain on tight supplies

CME cattle futures firm

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed on Tuesday, marking the contract’s fifth gain in six days, pushed higher by increased demand for pork as restaurants reopen, while supplies remain low. “You have some supply-side influence on why the market is this good,” said Brad Kooima, commodity broker at Kooima Kooima […] Read more
As programs that pay for carbon storage evolve, payments to farms and ranches may be tied to sustainability initiatives such as protection of wildlife habitat and conservation easements.
Cattleman’s Corner, Livestock

Where are we at with carbon credits?

Returns are limited at the moment but stay tuned, as programs are emerging

By
Carbon is one of the biggest topics of our day and it’s poised to increase in importance. It presents both an opportunity and a significant risk to agricultural production. Given this, it is probably a good idea for us to have at least a basic understanding of what carbon does and why is it important. […] Read more
Burger King’s soy- and potato-based Impossible Whopper entered the Ontario market effective March 22, 2021. (CNW Group/Burger King)
Crops, Potatoes, Soybeans

Burger King rolls out plant-based Impossible Burger in Canada

Nationwide launch of soy- and potato-based burger set for mid-April

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The Canadian arm of quick-service chain Burger King has made its move into the Canadian plant-based burger market, working with U.S. processor Impossible Foods. Burger King, a U.S.-headquartered brand of Toronto-based Restaurant Brands International (RBI) since 2014, said Monday it becomes “the first quick-service restaurant in Canada to put the award-winning, plant-based Impossible Foods patty […] Read more
U.S. Trade Representative Katherine Tai is sworn in at the White House on March 18, 2021. (Photo: Reuters/Tom Brenner)
General, Markets, Reuters

New U.S. trade chief Tai focused on CUSMA, China ties in calls

New trade deals on hold for now, White House says

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Washington | Reuters — New U.S. Trade Representative Katherine Tai mapped out her priorities and Washington’s desire to rebuild alliances in initial calls on Monday with her counterparts from Canada, Britain and the European Union. Tai, sworn in Thursday as President Joe Biden’s top trade negotiator, emphasized climate change, racial equity and the need to […] Read more
CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs ease but remain near highs

Live cattle follow boxed beef higher

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures stepped back on Monday but remained near recent highs as demand optimism persists, supported by tighter hog supplies. As the U.S. economy rebuilds and meat demand at restaurants increases into the summer, analysts expect supplies to remain tight for several months. “The deferred contracts should […] Read more
Strip steak with mushrooms. (Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Beef trade gap seen growing as U.K. pact clears Parliament

Interim post-Brexit trade deal gets royal assent

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Canada’s beef cattle producers are warning of a growing beef trade deficit, not only between Canada and the European Union but between Canada and the United Kingdom, as a new stopgap U.K. trade pact nears its launch. International Trade Minister Mary Ng on Friday announced Canada is ratifying the Canada-U.K. Trade Continuity Agreement (TCA), after […] Read more
CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs resume climb on robust demand

Cattle down ahead of USDA report

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mostly higher on Friday, rebounding from sharp declines the previous day as strong pork demand and tight hog supplies extended the market’s recent advance. Hog futures have soared in recent weeks, with April futures touching a 6-1/2 year front-month-contract high on Friday, as traders […] Read more
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
General, Machinery, Weather

New federal program to help develop on-farm carbon sinks

Plan to build out AAFC's 'Living Labs' concept across country

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The federal government plans to put up $185 million over the next 10 years for farmers to work with scientists and others on new ways to pull carbon out of the air. Agriculture Minister Marie-Claude Bibeau and Environment Minister Jonathan Wilkinson on Thursday announced the Agricultural Climate Solutions (ACS) program, which the government said is […] Read more

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