beef Archives - Page 128 of 138

Low demand and large supplies are expected to make the early fall period a dreary time for feedlot operators.

Volatile ride ahead for cattle complex

Market Update: Late October may be the best window to sell calves

By Jerry Klassen July 24, 2019

The Alberta fed cattle market has been trending lower over the past two months as the market functions to encourage demand. In the previous issue, we explained that the beef market is characterized by an inelastic demand curve. Therefore, a small change in supplies can have a large influence on the price. Monthly beef production increased from March through June. […] Read more

Livestock, Markets, Reuters

U.S. livestock: Hogs up on technical buying, cash values

By Julie Ingwersen, GFM Network News July 11, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures neared a three-week high on Wednesday, buoyed by a mix of technical buying and ideas that a glut of U.S. hog supplies was showing signs of tightening, traders said. Fears of an expansion in Asia of the African swine fever (ASF) outbreak in China […] Read more

Agriculture Minister Marie-Claude Bibeau and Trade Diversification Minister Jim Carr meet with Canadian beef and pork industry officials Wednesday in Montreal. (Photo courtesy Agriculture and Agri-Food Canada)

Beef Cattle, Hogs, Livestock, Reuters

Canada proposes China meat export solution

By Rod Nickel, GFM Network News July 3, 2019

Reuters — Canada offered a plan to reassure China about the security of its meat export system, a Canadian minister said on Wednesday, as Ottawa rejected Chinese criticism of its efforts to enlist allies to resolve a diplomatic dispute between the countries. China said last week it wanted the Canadian government to stop allowing meat […] Read more

Crops, Pulses, Reuters

Beyond Meat’s new competitor: Tyson’s pea-and-meat blended burger

By GFM Network News June 14, 2019

Reuters — U.S. meat processor Tyson Foods on Thursday launched its first vegetarian and mixed-protein products, including a beef and pea burger, as it seeks to compete with Beyond Meat and other companies catering to rising demand for plant-based alternatives to meat. Tyson is betting that meat eaters wanting healthier diets will see their blend […] Read more

Canada is currently contending with a burdensome beef supply.

Cattleman’s Corner, Livestock, Markets

Higher beef production weighs on cattle complex

Market Update with Jerry Klassen: Consumers will have to eat more beef to compensate

By Jerry Klassen June 6, 2019

In my previous article, we mentioned that the cattle market was in a transition phase. Market-ready supplies of fed cattle during April were relatively tight while beef demand was moving through a seasonal high. The fed and feeder cattle markets softened during May as beef production grew. North American beef demand is considered inelastic so […] Read more

South African beef producer Calla Visser with some of his Bonsmara cattle.

Beef Cattle, Cattleman’s Corner

Hyenas aren’t on Canadian predator list

The world’s beef producers face similar but different challenges

By Chris Mccullough June 5, 2019

Every evening Calla Visser has to round up more than 400 cattle on his farm in eastern Botswana and herd them into outdoor corrals for the night to protect them against theft and predators. And early every morning Calla and his staff start going around the five different corrals on his 6,000-hectare farm counting all […] Read more

Despite lower numbers on finishing operations, slaughter numbers in Canada are about 80,000 head higher than a year ago.

Cattleman’s Corner

Beef complex moving toward higher supplies

Market Update with Jerry Klassen: Already-tight feeder margins expected to be negative by early fall

By Jerry Klassen May 17, 2019

During the last week of April, Alberta packers were buying fed cattle in the range of $160 to $163 on a live basis. The market has been contending with tighter supplies of market-ready cattle south of the border. At the same time, wholesale beef prices have been percolating higher as retail and restaurant demand moves […] Read more

Prime Minister Justin Trudeau meets with steel workers at Stelco in Hamilton on March 13, 2018. (File photo: Reuters/Mark Blinch)

General, Machinery, Markets, Reuters

U.S. boosts trade pact’s outlook lifting tariffs on Canadian, Mexican metals

By GFM Network News May 17, 2019

Washington/Ottawa | Reuters — The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact. The separate agreements, which will not impose U.S. quotas on Canadian and Mexican metals […] Read more

CME May 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: CME hogs push higher as herds in China suffer from virus

By GFM Network News April 15, 2019

Chicago | Reuters — U.S. hog futures closed mostly higher on Monday on increasing expectations that China will need to import more pork to compensate for hogs killed in an outbreak of an incurable swine disease. The front-month contract, which is thinly traded, set its highest price in about 21 months as the market rose […] Read more

Sean McGrath has some more thoughts on what might benefit the Canadian beef industry.

Cattleman’s Corner, Livestock

A vision of what the beef industry needs: Part 2

Canadian beef industry needs to think big to optimize its potential

By Sean McGrath March 1, 2019

Editor’s Note: This is part two of a three-part series by Alberta rancher and consultant Sean McGrath with some thoughts on actions to improve the Canadian beef industry. In Part 1, McGrath outlined the value of developing a vision statement for his own farm. Here are more thoughts on what he might include in a […] Read more

GFM Network News

U.S. livestock: Cattle slip back, hogs gain

U.S. grains: Soy futures post biggest monthly gain in nearly five years on China trade optimism

Farm gate milk price to rise in 2026

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