Category: Cattle

Beef Market Update: Quiet trade week as we get closer to the halfway point of summer

As our beef market expert Anne Wasko puts it, ‘It was the dog days of summer —but for the beef industry’ last week. It was a quiet trade week, and the cattle that did trade looked about $2 lower than the average price this year — however, it’s not a big surprise due to the… Read more »

USDA Cattle on Feed report hints at need for continued consumer demand

The latest USDA Cattle on Feed report shows once again that the “wall” of cattle was not an unreasonable description. Thankfully, sustained consumer demand has helped greatly. The June report met expectations and further confirms what a bulk of analysts have been talking about the entire 2018 marketing year. Anne Wasko, with Gateway Livestock Exchange… Read more »

The story sustainability tells: the grassroots effort to serve McDonald’s demand

It was a big week for the Canadian Roundtable for Sustainable Beef (CRSB) and McDonald’s Canada. McDonald’s Canada says it will soon become the first company in Canada to serve beef from Canadian farms and ranches that are “certified sustainable.” Many of the beef producers participating in the pilot project are very excited about the… Read more »

Beef Market Update: Strong demand, Canadian basis levels & packer margins for Cargill

It’s been a volatile couple of weeks in cattle futures, with the market giving back most of last week’s gains in the last few days. Meanwhile, cash prices in Western Canada have remained strong, reports Anne Wasko in this latest Beef Market Update, with average prices for fed cattle getting back into the mid-150s in Alberta…. Read more »

McDonald’s Canada to start serving beef from ‘certified sustainable’ farms and ranches

McDonald’s Canada says it will soon become the first company in Canada to serve Canadian beef from farms and ranches that are “certified sustainable.” The restaurant chain will introduce the sustainability claim with its Angus burger lineup, and is expecting to sell more than 20 million Angus burgers sourced according to these standards in the… Read more »

MacAulay announces $14 million for new beef & forage research cluster while at Stampede

Federal Agriculture Minister Lawrence MacAulay announced up to $14 million in funding for beef and forage research under the new Canadian Agricultural Partnership while attending the Calgary Stampede on Wednesday. The funding for the new “Sustainable Beef and Forage Science Cluster” will go to the Beef Cattle Research Council (BCRC) — the research division of… Read more »

U.S. lifts requirements on Manitoba cattle after 20+ years of bovine TB testing

Ranchers around Riding Mountain National Park in Manitoba reached a long-awaited milestone on Sunday, more than 20 years after the U.S. implemented bovine tuberculosis (TB) testing requirements and restrictions on cattle headed south. The U.S. Department of Agriculture has lifted the pre-export testing requirement for breeding cattle and bison coming from Manitoba, as of July… Read more »

Beef Market Update: Live cattle futures hold following cash price recovery

When the live cattle futures are limit up, it’s a good day for cattle feeders. In these turbulent trade war times, any of the commodities will take a positive day. Cattle futures have been somewhat separated from the downward swing of soybeans, lean hogs, and wheat, but sometimes commodities are guilty by association. The table… Read more »

Blood and milk test for TB, Johne’s makes steps to commercialization

Saskatoon will soon be host to a UK company that develops rapid bacteria detection tests using blood and milk samples. Announced today, PBD Biotech has chosen Saskatoon, SK, as the headquarters for its Canadian subsidiary. The company’s Actiphage technology is a “highly sensitive and specific assay” that detects live bacteria in the blood or milk of… Read more »

$540 million committed to long-awaited outlet for Lake Manitoba

The federal and Manitoba governments announced joint funding of up to $540 million on Monday to build permanent outlets for mitigating flooding around Lake Manitoba and Lake St. Martin. Flooding caused major damage to homes, pastures, and farmland around the lakes in 2011 and 2014 after water was diverted from the Assiniboine River into Lake… Read more »

Saskatchewan farmers looking for management strategy for wild pigs

At one time, there was a thought that wild pigs could be part of a livestock diversification strategy for Saskatchewan farmers and ranchers. After several farmers gave it a try in the early 90s, fences were cut loose and a new pest problem began within the province. There is still debate over the severity of… Read more »

Recent rains fail to ease moisture concerns of Prairie pastures

Ranchers in Western Canada have faced some real challenges this spring. For some early calvers the late winter posed some serious problems for mortality, and now the hot, dry conditions are posing major grass concerns. There has been talk of cattle already being pulled off southern pastures to be moved up north. From a marketing,… Read more »

Beef Market Update – Strong beef demand, lower carcass weights, and the wall

It has been a busy week in the cattle markets, as Canada and the United States are on the brink of a trade war that we would not have imagined a year ago. Much of that is out of the control of feedyard owners and ranchers, but the impacts will most certainly be felt, depending… Read more »

U.S. cattle on feed numbers up 5% from a year ago, in line with expectations

USDA’s cattle on feed report, released on Friday, provided little drama as the numbers fell closely in line with expectations. Due to the Memorial Day long weekend in the US, the report was released mid day and the market closed slightly higher after the report was released. Total cattle on feed was estimated at 11.6… Read more »

Alberta cattle groups planning plebiscite on return to non-refundable check-off

Alberta Beef Producers (ABP) and the Alberta Cattle Feeders’ Association (ACFA) have announced they’re aiming to hold a plebiscite this fall, with the goal of returning to a non-refundable provincial check-off. The two organizations announced a joint agreement “to strengthen our investment in the future of the beef industry” on Friday. They say they’re looking… Read more »