For the week ending November 2, Western Canadian yearling and calf markets were relatively unchanged from seven days earlier. Strong demand continues to support the feeder complex at historical high prices.
Beef Cattle
Klassen: Feeder market holds at higher levels
U.S. livestock: Hog futures hit contract highs as strong demand fuels rally
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures set new contract highs on Friday as strong domestic and export demand, particularly for U.S. pork bellies and ham, drove the market upward, analysts said. Live cattle futures touched a one-month low, while feeder cattle recovered after reaching the lowest price in more than five […] Read more
Feed Grain Weekly: Barley, corn in southern Alberta on par with each other
Feed barley and corn imported from the United States are currently trading at the same price into southern Alberta, said Lethbridge-based Darcy Haley, vice-president of Ag Value Brokers.
Klassen: Western Canadian calf market surges
For the week ending 26, Western Canadian calf markets were up $8-$12/cwt on average compared to seven days earlier. Pee-wee calves were up $20-$25/cwt compared to the prior week. Finishing feedlot operators were active buyers in all weight categories while backgrounders were cleaning up on smaller packages of calves under 550 pounds.
Corn in western Canadian feedlot diets
The production risk still must be bred out of Prairie-grown corn before it can reach its full potential in feedlots
Corn acreage is expanding across Canada. There are about 25 acres of corn for every acre of barley in Ontario and Quebec, where temperatures, day length and moisture allow predictable corn yields and feed quality. There are around eight acres of barley for every acre of corn in the Prairies, although ambitious breeding efforts are […] Read more
Klassen: Calf market ratchets higher
For the week ending October 12, the Western Canadian prices for yearlings off grass and backgrounding operations were relatively unchanged from seven days earlier. The Lethbridge market for calves was up $8-$10 from week-ago levels while calf markets in the non-major feeding regions were up a solid $4-$6 on average.
U.S. Livestock: CME lean hogs hit 5-mth peak on demand, cattle range bound
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures advanced on Monday to the highest point in nearly five months on technical buying and seasonal strength, analysts said. Live cattle futures also edged higher on a strong cash market, although large cattle weights and beef demand worries amid a slumping stock market limited gains and […] Read more
U.S. livestock: Cattle futures rise on technical buying, economic news
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose and feeder cattle touched a two-month high on Friday on technical trading, with stronger-than-expected September jobs data indicating good consumer demand, analysts said. Hog futures touched their highest level in four months before retreating. Benchmark CME December live cattle futures LCZ24 settled up 0.600 cent at […] Read more
U.S. livestock: CME cattle futures fall as U.S. port strike continues
Chicago | Reuters – Chicago Mercantile Exchange livestock futures fell on technical trading as the session ended on Thursday, according to analysts, after trading both sides earlier in the day. Benchmark CME December live cattle futures LCZ24 settled down 1.300 cents at 186.400 cents per pound. CME November feeder cattle futures FCX24 ended down 0.425 cent at 248.125 cents […] Read more
Redefining a ranch
Holistic management has made the Guilford ranch more efficient — and it carries more cattle
Don and Diane Guilford have been practicing holistic management on their 1,200-acre ranch near Clearwater, Man. since the early 1980s. Don is the third generation of his family in that region and says holistic management has made a big difference in his success as a farmer. He took his first course with Allan Savory at […] Read more
Cyber-Savvy Farmer
