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(File photo by Dave Bedard)
Livestock, Machinery

Cyberattack a $23 million hit on Maple Leaf ledger

Company refused to pay ransom

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Last fall’s ransomware attack at pork and poultry packer Maple Leaf Foods led to an “adverse economic impact” of $23 million or more on the company’s bottom line as it worked to restore systems, officials said. The company on Thursday released that estimate as part of its fourth-quarter financial report, in which it booked a […] Read more
CME April 2023 feeder cattle with 20-day moving average (black line, right column) and CBOT May 2023 corn (orange line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle pull back

CME lean hogs end day mixed

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Chicago | Reuters — Feeder cattle futures on the Chicago Mercantile Exchange on Thursday ended lower on Thursday as the front-month contract pulled back from its highest prices in nearly 7-1/2 years. Traders took some profits after futures rallied recently on falling corn prices, brokers said, adding that continued declines in the corn market could […] Read more
CME March 2023 feeder cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Feeder cattle highest since 2015 as corn sags

Live cattle mixed, hogs mostly higher

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Chicago | Reuters — Front-month feeder cattle futures on the Chicago Mercantile Exchange hit the highest in nearly 7-1/2 years on Wednesday as falling prices for corn signaled cheaper feed costs, traders said. CME April feeder cattle futures settled up 1.4 cents at 200.075 cents/lb. after setting a life-of-contract high of 200.225 cents (all figures […] Read more
Even without increasing the cow herd size, enhanced grazing management can pay dividends by extending the grazing season.
Cattleman’s Corner, Livestock, Pasture

The importance of giving grass a vacation

A properly managed rest period should lead to increased forage production

By
Often the largest category of costs in a cattle operation is what economists consider fixed costs. These are usually big things such as tractors or land. In most cases, land is the largest cost item in a farm operation. On the other side of this equation are what we refer to as variable costs. These […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market continues the climb

Statistics show tightening supplies in Canada, U.S.

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Compared to last week, western Canadian feeder markets yearling markets traded $2-$5 higher. Replacements in the 700- to 800-lb. weight category appeared to jump $5 to as much as $15 in some cases. Calves weighing 500-700 lbs. were unchanged to $4 higher on average after rallying nearly $20 over the past month. There were limited […] Read more
CME April 2023 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle climb to another contract high

April live cattle lower, lean hogs up

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures reached a contract high for a second consecutive session on Tuesday, while live cattle futures retreated from a contract high set a day earlier, brokers said. Reduced U.S. herd sizes due to drought have propelled futures higher recently, though some brokers said supply concerns have […] Read more
(RyanJLane/E+/Getty Images)
Livestock

Meat lobby says U.S. voluntary label rule could spur trade action

Ottawa to review Washington's proposed 'Product of USA' rule

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U.S. meat industry lobbyists say Washington’s proposed new rules governing voluntary ‘Product of USA’ or ‘Made in the USA’ labels would “impose the same standard” as that country’s now-defunct mandatory country-of-origin labelling (COOL) law — and frustrate U.S. packers who import Canadian meat or livestock. The U.S. Department of Agriculture and its Food Safety and […] Read more
CME April 2023 feeder cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle set contract high on tightening supplies

Chicago live cattle also up, lean hogs down

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Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures jumped to a new contract high on Monday on firm cash prices and increasing concerns about reduced U.S. herd numbers, analysts said. Traders focused on tighter cattle supplies as demand from meatpackers for livestock to slaughter remained strong. Ranchers have reduced herd sizes due to […] Read more
Chris Neufeld, Animal Care and Biosecurity, HyLife, at left, with Karine Talbot, Director of Animal Health, HyLife talk about proper handling procedures with Dr. Temple Grandin.
Cattleman’s Corner, Hogs, Livestock

A better way to handle piglets

This weaning ramp is easy on farm workers as well as on animals as they are processed

By
A labour-saving innovation developed by a Manitoba hog operation has been recognized with an award presented by a national pork industry conference, and endorsed by an international animal welfare expert. The HyLife weaning ramp developed at the HyLife sow farms in La Broquerie, Man. was honoured earlier this year at the Banff Pork Seminar, and […] Read more
CME April 2023 live cattle with 10-day moving average and Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs rally on strong outside markets

Weather forecast also supportive

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Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures rose sharply on Friday, as gains in outside markets bolstered optimism about the economy and consumer demand for beef and pork, traders said. Concerns that a late winter storm forecast for the U.S. Midwest this weekend could disrupt supply chains added support to livestock […] Read more

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