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It’s important that feedlot operators and cow-calf producers are aware of the supply and demand balance for fed cattle.
Cattleman’s Corner, Markets

Lessons from last September’s cattle market drop

A small change in cattle numbers can result in a large drop in market value

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CME (Chicago Mercantile Exchange) December 2023 live cattle futures made a high of US$199.75 per hundredweight on Sept. 15. The market held at the higher levels until the end of September and then started to trend low, bottoming around $166 on Dec. 7 (all figures US$). There were a few signals stating that the market […] Read more
Absent a significant rally in Chicago June and August live cattle, the market for backgrounded cattle is not sustainable moving forward.
Beef Cattle, Cattleman’s Corner, Columns, Markets

Fed cattle market softens

The longer-term outlook remains bright, despite lots of cattle on feed

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During the first week of January, Alberta packers were buying fed cattle on a dressed basis in the range of $363-$365 per hundredweight delivered. This was down marginally from the price range of $368-$370/cwt. during the week of December. In Kansas and Texas, live prices were US$171/cwt., down US$4/cwt. from 30 days earlier. U.S. packers […] Read more
JBS signage at Greeley, Colorado. (JBS.com.br)
Beef Cattle, Livestock, Markets, Reuters

JBS posts quarterly loss on tight U.S. beef margins

'Greater balance' forecasted for global chicken supply

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Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for its beef business in the U.S., where it gets most of its sales. JBS reported a net loss of 263.6 million reais (C$73.8 million), the […] Read more
Tuberculosis bacteria under an electron microscope. (Janice Haney Carr photo courtesy Centers for Disease Control and Prevention (U.S.))
Beef Cattle, Livestock

Bovine TB turns up in Saskatchewan herd

Two cases found after U.S. test flags Canadian heifer

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A heifer whose tissues tested positive for bovine tuberculosis (TB) at slaughter in the U.S. has been traced back to a Saskatchewan cattle herd which has now turned up two more cases of the disease. The Canadian Food Inspection Agency, in a report dated Wednesday, said it was notified Feb. 23 by the U.S. Department […] Read more
Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)
Livestock, Machinery, Reuters

JBS opens cleaning unit after outside firm fined for hiring kids

Company says has cut ties to cleaning contractor

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Chicago | Reuters — JBS USA, one of the biggest U.S. meatpackers, is creating an internal company to clean some of its processing plants after a private sanitation firm it employed was accused of hiring children for dangerous work. The launch shows the complexities involved in replacing Packers Sanitation Services Inc. (PSSI), a firm that […] Read more
File photo of a provincial border marker in Lloydminster. (Michele Gervais/iStock/Getty Images)
General

Borderline city hosts interprovincial food trade pilot

Trade barrier on pause for two years for food businesses serving Lloydminster

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The idea of loosening interprovincial trade in certain foods made by provincially-inspected processors will get a major test in one of Canada’s very few province-crossing municipalities. The Saskatchewan, Alberta and federal governments on Jan. 19 announced the start of a two-year pilot project within the limits of Lloydminster, a city of over 31,000 people straddling […] Read more
Piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)
Hogs, Livestock, Reuters

China’s 2022 pork output highest in eight years

Average hog weights remain relatively high

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Reuters — China’s pork output increased 4.6 per cent in 2022 from 2021 to reach its highest level since 2014, official data showed on Tuesday, confounding some expectations for a smaller rise. Pork output in the world’s top producer of the meat reached 55.41 million tonnes, the highest since 56.71 million tonnes recorded eight years […] Read more
Daniel Wuergler, co-owner of the Gallipool Frasses farm, walks among 18,000 Lohmann Classic laying hens at Les Montets, about 45 km northeast of Lausanne, on Sept. 16, 2022. (Photo: Reuters/Denis Balibouse)
Livestock, Reuters

Swiss reject initiative to ban factory farming

Voters back narrowly back rise in women's retirement age to 65

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Geneva | Reuters — Swiss voters on Sunday rejected a proposal to ban factory farming in a referendum on whether the wealthy country’s strict animal welfare laws need to be tightened yet further. The government’s VoteInfo App showed a provisional result of 62.86 per cent of votes against the proposal, put to a referendum under […] Read more
(Dallasgolden/iStock/Getty Images)
Beef Cattle, Livestock, Markets, Reuters

Fifth-generation cattle rancher aims to build biggest U.S. beef plant

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Chicago | Reuters — A fifth-generation cattle rancher and consultant plans to build the country’s largest beef plant in South Dakota with capacity to slaughter 8,000 head of cattle a day. The US$1.1 billion project could help address the Biden administration’s concerns about rising food prices and a lack of competition in the meat sector, […] Read more
(JBSs.infoinvest.com.br)
Beef Cattle, Livestock

JBS to help fund home purchases for Brooks staff

Company offering zero-interest loans for down payments

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One of the biggest beef packers operating in Canada is pledging $1.7 million for a one-year pilot program to help employees buy or upgrade homes. JBS Foods Canada, which operates Brazilian meat packer JBS’s plant at Brooks, Alta., on Tuesday announced the launch of what it calls the “Homebuyer Dream Fund,” providing zero-interest loans to […] Read more

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