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Higher production keeps beef prices under pressure
Cattleman’s Corner, Markets

Higher production keeps beef prices under pressure

Market Update: Slaughter numbers are down, but carcass weights are up

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Fed and feeder cattle prices have come under pressure over the past couple of weeks as the market absorbs the year-over-year increase in second quarter beef production. Cattle-on-feed inventories in Canada and the U.S. are running slightly above year-ago numbers, but carcass weights are sharply higher. Despite the lower cattle prices, retail beef prices are […] Read more
(JBSsa.com)
Livestock, Markets, Reuters

JBS posts large loss, announces reorganization

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Brasilia | Reuters –– Brazilian meat packer JBS posted a much larger-than-expected first-quarter loss on Thursday, but its shares jumped the day after it announced a corporate reorganization to bring together international operations. JBS, the world’s biggest meat packer, lost 2.741 billion reais (C$1.02 billion) on currency hedging costs and poor results on the company’s […] Read more
Black Angus cow
Cattleman’s Corner, Livestock

There’s value in high-quality beef

Beef Management: Health, pounds and consumer demand drive cattle business

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(Editor’s Note: This article supplied courtesy of Certified Angus Beef, shows U.S. producers are also being encouraged to produce a quality beef product. It further supports recent articles by Cattleman’s Corner columnist Sean McGrath about using the tools to build a beef ‘Cadillac.’ ) What’s in a cow today? Dr. Larry Corah asked 175 cattlemen […] Read more
Few Canadian feeder cattle going south
Beef Cattle, Cattleman’s Corner, Markets

Few Canadian feeder cattle going south

The good news is that more slaughter cattle are being processed in the U.S.

By
Alberta packers were buying fed cattle in the range of $168 to $170 in late March as the beef complex moves through a period of seasonal strong demand. While the market has strengthened considerably since the lows of $155 earlier in winter, feedlot margins remain in negative territory. Break-even pen closeouts are closer to $195 […] Read more
Heifer calves with more moderate growth can be just as productive at a lower development cost.
Cattleman’s Corner, Cow-Calf, Livestock

Fine-tuning replacement heifer savings

Heifer calves still need to grow but perhaps not as much as earlier thought

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On a scale of one to 10 do you know what your replacement heifers weigh? It’s not a trick question, but if you’re interested in fine-tuning management to save about $60 per head and produce efficient replacement heifers, using a weigh scale is an important place to start, says an economist with the Western Beef […] Read more
A town square in Aguas Calientes, near Machu Picchu in southern Peru. (CIA.gov)
Beef Cattle, Livestock, Markets, Reuters

Peru lifts trade barriers to U.S. beef

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Washington, D.C. | Reuters — Peru has agreed to lift its remaining safety barriers to U.S. beef exports, further opening one of the fastest-growing markets in Latin America to U.S. ranchers, Obama administration officials said Monday. U.S. Trade Representative Michael Froman and Agriculture Secretary Tom Vilsack said the agreement with Lima will remove certification requirements […] Read more
What happens in the breeding program and overall herd management has a huge impact on a good quality cut of meat that is hopefully tender and favourable. What happens after that is beyond rancher control.
Cattleman’s Corner, Livestock

Are you ready to build a Cadillac? – Part 2

Genetics and proper production practices are all part of producing premium product

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Editor’s Note: This is part two of a two-part series on increasing the value of beef. Part one appeared in the Feb. 23, 2016 issue of Grainews and is included as a link further down in this article). The luxury eating experience involves the carcass of the animal. The creation of this luxury starts early on […] Read more
Cattleman’s Corner, Markets

Good idea to contract fall calves

Market Update with Jerry Klassen

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Western Canadian fed cattle prices have held value throughout the first quarter of 2016 with Alberta values ranging from $175 to $178 per cwt. Feeding margins remain in negative territory on current pen closeouts, which has caused market-ready supplies to back up in the country. Carcass weights are running sharply above last year as feedlot […] Read more
slab of beef
Cattleman’s Corner, Livestock

Are you ready to build a Cadillac? – Part 1

Consumers are willing to make a beef a high-end choice

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Beef has long been considered a high-value product. When economies emerge and wealth is created, one of the first things people seek to do is add protein to their diet. At the top of the privilege list is beef. This is evidenced by beef demand indexes when examined on a country-by-country basis. As countries gain […] Read more

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