A University of Saskatchewan project seeking to unlock the genetic potential of Canadian beef cattle has received a funding boost from the federal and provincial governments.
Chicago Board of Trade soybean futures closed higher on Tuesday, supported by rising crude oil prices and uncertainty about Midwest crop weather in the weeks ahead, while soyoil prices eased following a sharp two-day rally tied to stronger U.S. biofuel blending mandates.
For the week ending June 13, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. Steady demand underpinned a week of lower auction market volumes.
For the week ending June 7, Western Canadian feeder cattle markets traded steady to as much as $15/cwt higher in some cases. Larger packages of quality replacements over 900 pounds were up $10-$15/cwt from prices seven days earlier.