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Beef Cattle

(USDA.gov via Flickr)
Beef Cattle, Livestock, Markets, Reuters

USDA requires meat packers to report online cattle auction deals

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Chicago | Reuters –– The U.S. Department of Agriculture said Thursday it will require meat packers to report cattle purchases they make through online auctions to the agency starting next week, a move that stoked traders’ hopes for more transparent markets. USDA will begin including transactions from auctions on the Fed Cattle Exchange in pricing […] Read more
The Markets: Good thing consumers are eating
Beef Cattle, Cattleman’s Corner, Markets

The Markets: Good thing consumers are eating

High beef and pork production continues to weigh on the market

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Fed and feeder cattle prices continued to trend lower in August and early September as the market absorbs the year-over-year increase in beef production. Alberta packers were buying fed cattle in the range of $133 to $136 in late summer; values we haven’t seen since January of 2014. Feedlot margins continue to erode and the […] Read more
Sobeys now offers Island View beef as the “primary” beef brand in the 13 stores it supplies across Prince Edward Island. (CNW Group/Sobeys Atlantic)
Beef Cattle, Livestock

Sobeys locks in Atlantic Beef for P.E.I. stores

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Prince Edward Island’s long-beleaguered packing plant, Atlantic Beef Products, has now ramped up its slaughter and processing capacity to meet a new commitment from grocery chain Sobeys. The Nova Scotia-based grocery chain on Tuesday announced ABP’s Island View Farms is now the “primary” brand for beef sold at the five Sobeys, five Co-op and three […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market experiences mixed tone

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Western Canadian feeder cattle markets experienced a diverse tone across the Prairies, with notable buying interest surfacing on yearlings. Compared to seven days earlier, prices for yearlings in southern Alberta were $5-$7 higher on average, as feedlots focused on purchasing local cattle. In southern Alberta, larger-frame lower-flesh black steers weighing 900 lbs. were quoted at […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets, Reuters

Major Alberta cattle feeder set to shut feedlots

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Reuters — One of Canada’s biggest cattle feeding operations, Western Feedlots, said Wednesday it will close feeding operations after marketing the cattle it currently owns, due to poor market conditions. Closure of Western’s feeding operations, likely early in 2017 once its current cattle are sold, will make it more difficult for ranchers to find markets […] Read more
(Dave Bedard photo)
Beef Cattle, Livestock, Poultry/Eggs

Subway to ramp up Canadian meat sourcing

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One of the biggest fast-food players operating in Canada has pledged to lock in Canadian suppliers for some of its Canadian stores’ meat supplies by the end of 2016. The U.S.-based sandwich chain Subway said Tuesday it has now introduced “Canadian-raised” ham, turkey and shaved steak at its Canadian restaurants and is “committed” to sourcing […] Read more

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