Livestock
Holdanca Farms from Nova Scotia is this year’s recipient of The Environmental Stewardship Award (TESA), it was announced on at the banquet of the Canadian Beef Industry Conference this week.
Livestock
Nova Scotia ranchers snag environmental award at Canadian Beef Industry Conference
Canadian Cattle Foundation recognizes young leader and honours Reg Schellenberg’s legacy through award
The Reg Schellenberg Next Generation Legacy Award honours individuals who embody the spirit of humble leadership, mentorship, collaboration and dedication to the Canadian cattle industry. Recipients receive a buckle, sponsored by Schellenbergs family's ranch, and a bursary to attend the Saskatchewan Beef Industry Conference.
Klassen: Yearling market softens on economic uncertainty
For the week ending August 17, Western Canadian feeder cattle prices were $3-$5 lower on average. Three weeks ago, 1,000 pound steers off grass reached up to $340/cwt. This past week, these same cattle were quoted in the range of $315-$325/cwt.
Beef demand made seasonal highs in July
The Markets: Cattle markets have started to grind lower, but the feeder market has held
The beef market appears to have made a seasonal high during the first week of July. Wholesale choice beef prices reached up to US$329/cwt during the week ending July 6 before fading to US$319/cwt during the third week of July. Weaker wholesale values have resulted in lower U.S. fed cattle values. During the first week […] Read more
Canadian egg, turkey production climbs on bird flu recovery, stronger demand
Canadian egg production reached record highs between June of last year and this May as the industry recovered from an avian flu outbreak according to Farm Credit Canada analysis.
CFIA adds requirements for cattle returning from U.S. due to bird flu
Cattle returning from the U.S. after a stay of less than 60 days will require additional certification as bird flu concerns continue.
US undercounts bird flu in cattle as farmers shun testing
Farmers fear economic losses from positive tests, leading to under-reporting; USDA offers partial compensation
The U.S. bird-flu outbreak in dairy cattle is much larger than official figures suggest due to farmers' reluctance to test their animals and risk the economic consequences of a positive result, according to Reuters interviews with dairy experts, veterinarians, and farmers in six states with known cases.
Klassen: Feeder market holds value amid economic uncertainty
Overall, the calf market appeared to be more sensitive to the weakness in the deferred live cattle futures while buyers of yearlings were focused on securing ownership. Ideas are that yearling supplies are down from year-ago levels and scarcity factor is driving the bullish enthusiasm.
U.S. livestock: CME cattle fall on rallying corn prices
Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures turned lower on Monday as corn futures rallied following the U.S. Department of Agriculture’s supply and demand report that lowered corn ending stocks, traders said. Meanwhile, hog futures were mixed as bargain buying counterbalanced seasonal price pressure. CME most-active October feeder cattle FCU24 closed down 2.05 cents at […] Read more
National Beef Strategy celebrates gains
The Canadian Beef Advisors, comprised of national beef organizations, is celebrating achieving many of the goals in the 2020-24 National Beef Strategy.