Livestock
A new and improved Certified Sustainable Beef Framework has been released following its first, five-year review announced the Canadian Roundtable for Sustainable Beef (CRSB) today.
Livestock
Updated Certified Sustainable Beef Framework released
The program, launched in 2017, came up for its five-year review in 2022
Klassen: Feeder market quiets at year-end
Feeding margins have moved into negative territory, setting a negative tone for replacements
The last full week of 2023 was characterized by lower volumes and limited buying interest. Feedlot operators don’t want to weigh down schedules of hired hands over the holidays. Many auction barns were closed for the season while some held bred cows and bred heifer sales.
Smaller U.S. swine herd likely as Prop 12 takes effect, think tank says
Canadian pork sector concerned the animal welfare law will act as a non-tariff trade barrier
The cost of compliance with a California animal welfare law, which takes full effect on New Year’s Day, will likely shrink the U.S. national hog herd and lead to further consolidation, a Washington State think tank says. “No one will be spared the change in market pressures,” wrote Pam Lewison, director for the Washington Policy […] Read more
Feed Grain weekly outlook: Corn, barley on level ground
High Canadian dollar behind lower corn trading
Prices for Canadian feed barley and United States corn imports reached parity as the feed grain market took a breather between Christmas and New Year’s Day.
More local barley destined for rations, but U.S. corn still moving
Prior to drought year 2021/22, Canadian corn imports had rarely topped two million tonnes
Recently revised supply/demand tables from Agriculture and Agri-Food Canada raised the forecast for domestic barley usage in the current crop year to 6.155 million tonnes. That compares with an earlier forecast of 5.471 million tonnes. If realized, that would be up by roughly 200,000 tonnes from the previous year.
U.S. livestock: CME cattle futures face renewed pressure
Lean hog futures ended the day mixed
Chicago Mercantile Exchange cattle futures were mostly sharply lower on Thursday as traders sold off or shifted their positions ahead of a series of key government reports, analysts said.
Urban school farm opens world of opportunity to British teens
Students from the underprivileged community have won acclaim at ag fairs, and some have gone on to be farmers, vets
The rural life of rearing rare breed sheep and nurturing alpacas is a world away for many urban teenagers. Yet a British school near Liverpool has opened its pupils to a wealth of jobs in agriculture and the benefits of nature with its own farm.
U.S. livestock: Cattle futures firm on hopes of higher cash prices
The trade is expecting a smaller hog herd, Reuters survey shows
Chicago Mercantile Exchange cattle futures firmed on Wednesday amid technical trading, weakness in U.S. corn futures and hopes of higher cash prices next week as packers close out the year, analysts said.
U.S. livestock: CME cattle futures fall on technical trading ahead of reports
Lean hog futures also ended the day lower
Chicago Mercantile Exchange cattle futures closed lower on Tuesday on technical trading and investors adjusting their positions ahead of a series of key government reports, analysts said.
Klassen: Feeder market ends year on mixed sentiment
Some feedlots becoming backed up with heavier cattle, setting negative tone for feed complex
Western Canadian feeder cattle markets were unchanged, to as much as $10 lower compared to last week.
Demand for heifers was suffering last week. A weaker tone was noted in the Eastern prairie regions as Ontario demand appeared to evaporate last week. Alberta packers were buying fed cattle on a dressed basis in the range of $368-$370/cwt, down $7-$8 from last week.