Livestock
Tyson Foods will permanently close a pork plant in Perry, Iowa, the meatpacker said on Monday, eliminating jobs for about 1,200 workers.
Livestock
Tyson Foods to close Iowa pork plant with 1,200 workers
Packer's pork business saw loss of $128 million in last fiscal year
How to manage in a veterinarian shortage
Hauling an animal to a clinic is one solution, as are larger clinics with satellite sites
There’s huge talk about the shortage of veterinarians — especially large-animal, but also small-animal and emergency animal care. There was a recent announcement that the University of Calgary’s Faculty of Veterinary Medicine (UCVM) will raise the number of training seats to 100 from the current 50, when an expansion is completed next year. I would […] Read more
Lower U.S. calf crop supports cattle complex
Conditions are developing that should support record calf prices next fall
The Alberta fed cattle market remains under pressure due to a buildup of market-ready cattle, larger carcass weights and seasonally low demand. During the last week of January, Alberta packers were buying fed cattle on a dressed basis in the range of $360-$365 per hundredweight delivered. Live bids f.o.b. feedlot in southern Alberta were quoted […] Read more
Klassen: Grassers and herd rebuilding confidence keeps feeders elevated
Major grazing regions of Western Canada receive more than double of normal precipitation in last month
The major grazing regions of Western Canada have received over 200 per cent of normal precipitation over the past 30 days. Grassers were red hot. Demand has also increased for herd building heifers which has diminished supplies for finishing feedlots.
Olymel parent company posts profit after plant closures
The company closed plants in Ontario, Quebec, and slowed production in the west in 2023
Sollio Cooperative Group, parent company of meat processor Olymel, says it’s back in the black after a period of losses led to closures and cut-backs.
Beef cows in good condition, feed accordingly
Optimize cows' condition with target diets based on the animals' BCS
A warm start to winter has caused many beef cows after weaning to come off pasture in decent shape. Some of these cows are not truly obese, but they retained a lot of flesh. Those beef cows in optimum body condition should be put on a nutritious feeding program that maintains them until they calve […] Read more
Understanding the Commitments of Traders report
The U.S. report, released every Friday, is an important indicator of cattle market movement
Who is long? Who is short? How much of each? This is the most important market information when studying the futures markets. The Commitments of Traders (CoT) report is released every Friday afternoon by the U.S. Commodity Futures Trading Commission (CFTC) and shows the trading positions of market participants as of Tuesday’s close. Whether you […] Read more
New York sues meatpacking giant JBS over climate claims
Attorney general calls company's emissions goals 'infeasible'
JBS, the world's largest beef producer, was sued on Wednesday by New York state's attorney general, which accused it of misleading the public about its impact on the environment in order to boost sales.
Klassen: Statistics Canada confirms lower feeder cattle supplies
Precipitation in Alberta, Saskatchewan increases demand for grassers
Compared to last week, Western Canadian yearling or backgrounded steers prices were quoted $5 to $8 higher; yearling or backgrounded heifers were unchanged to $4 higher. Calves were trading $4 to as much as $10 higher.
Rethinking ranch priorities
Positivity and profit can be more important priorities than production
The beginning of a New Year marks a good time to work on planning for the year ahead. I believe we should be planning for “Profitivity” on our farms and ranches. Profitivity is a combination of profitability, productivity and positivity. For an operation to thrive, these three things are important to get right. Profit and […] Read more
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