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Beef cattle

“All of our customers in feedlot alley are all thinking the same thing – that ‘prices will go down.’” Photo: Thinkstock
Barley, Markets

Feed weekly outlook: Feed grain bids fall with rain

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MarketsFarm – Improving crop conditions have weighed on Western Canadian feed barley prices over the past month as attention turns from the tight old crop supply situation to the upcoming harvest. “Prices are dropping every day it rains,” said Mike Fleischhauer of Eagle Commodities in Lethbridge, Alta. He said barley prices have come off by […] Read more
Low demand and large supplies are expected to make the early fall period a dreary time for feedlot operators.
Cattleman’s Corner, Livestock, Markets

Volatile ride ahead for cattle complex

Market Update: Late October may be the best window to sell calves

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The Alberta fed cattle market has been trending lower over the past two months as the market functions to encourage demand. In the previous issue, we explained that the beef market is characterized by an inelastic demand curve. Therefore, a small change in supplies can have a large influence on the price. Monthly beef production increased from March through June. […] Read more
Photo: iStock/File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Futures rally on choppy grains, hopes for Chinese buying spree

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Chicago | Reuters – Chicago Mercantile Exchange (CME) live hog futures rallied on Tuesday, as competition among packers for spot delivery grew and animal weights slipped after the recent U.S. heat wave, traders said. Live cattle futures also inched up, supported in part by choppy trading in U.S. grain futures and growing questions of whether […] Read more
Live cattle futures were lifted by expectations of herd expansion slowing. Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures rally on corn futures slump

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Chicago | Reuters – Chicago Mercantile Exchange (CME) feeder cattle futures inched upward on Monday, as corn futures fell sharply and traders hoped that feed costs will continue to remain under pressure. Meanwhile, lean hog futures faced choppy trading on Monday as the market wrestles with continued expectations for – but no clear signs yet […] Read more
Photo: File
Livestock

Livestock producers receive tax relief for 2019

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Drought in Western Canada and Quebec has prompted the federal government to release an initial list of regions eligible for livestock tax deferrals. The livestock tax deferral provision allows livestock producers in prescribed drought, flood or excess moisture regions to defer a portion of their 2019 sale proceeds of breeding livestock until 2020 to help […] Read more
Federal Agriculture Minister Marie-Claude Bibeau (fifth from left) meets in Quebec City with provincial and territorial ag ministers. (CNW Group/Agriculture and Agri-Food Canada)
General, Markets, Weather

Ag ministers aim for AgriStability upgrades for 2020

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Coming out of their meeting in Quebec City, Canada’s federal, provincial and territorial ministers for agriculture say they plan to meet again before year’s end to see about improving the AgriStability program for 2020. In a statement Friday, the ministers said they discussed “adjustments that could improve existing (business risk management) programs to address the […] Read more

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