JBS has announced a deal to sell Lakeside Feeders at Brooks, Alberta back to its previous owner, Nilsson Bros. JBS Food Canada Inc, the Canadian subsidiary of the scandal-plagued Brazilian meat industry giant, announced on Friday that it has an agreement to sell its 75,000 head feed yard and adjacent farmland to MCF Holdings, a… Read more »
Category: Meat Markets
Register for GrainWorld – Influencers Driving Innovation
November is always a very interesting time for the markets. Analysts begin to have an idea of the crop volume and quality and farmers and looking to solidify their new crop marketing plans and are already beginning to think about planting intentions for the coming spring. Farmers also have to increasingly pay attention to the… Read more »
R-CALF rhetoric pushes to have COOL reinstated
Montana-based cattle membership organization R-CALF has launched a multi-pronged attack to convince President Trump to reinstate mandatory country of origin labelling (MCOOL) in the upcoming renegotiation of NAFTA. On Agritalk on Thursday, R-CALF CEO Bill Bullard argued for MCOOL on the basis it supports President Trump’s “America first” policy, food safety, and America’s sovereignty, since the… Read more »
Beef Market Update: Surprises to the upside and the downside
The cattle market has had more than a few surprises lately. After maintaining momentum to the upside longer than expected, the market saw a quick adjustment to the downside this week, as Anne Wasko highlights in this latest Beef Market Update. “Not that the downtrend wasn’t expected, we’re heading into the summer. We’ve had a… Read more »
Beef Market Update: Rallying against the trend during barbecue season
As the smell of barbecue fills the air in many neighbourhoods, this is normally the time of year when cattle market highs are well behind us. But the market moved against that trend this week, as live and feeder cattle futures, as well as cash prices, climbed higher. In this week’s edition of the Beef… Read more »
Beef Market Update – I guess that is what you call a correction
Two weeks ago we were talking about higher highs and no where to go but down for the cattle market and thats exactly what we got. The market corrected over the past two weeks which could be fine long term technically. What has hurt Canadian feedyards is that the Canadian dollar has rallied over that… Read more »
Beef Market Update: “Sometimes when things look like they could go good, they go better”
It was a wild and crazy run for the cattle markets this week, and the weekend could be the breather that funds and feedyards need. June live cattle finished the week up 3.45 percent, even with the severe limit down drop on Friday. In the last three months June cattle are up 21.44 percent, which… Read more »
AgriTalk Free For All: Wheat trade harmonization, planting delays, labour shortages and dairy friction
On Friday, Shaun Haney was invited to be on the Free For All Panel on Agritalk, along with Chip Flory and Jim Wiesemeyer. Agritalk with Mike Adams has over 95 United States based radio affiliates and can be heard across North America on Rural Radio 147 (couple hours before RealAg Radio). The topics included US… Read more »
Beef Market Update: Carcass Weights are Lower While the Live Cattle Futures Go on a Run
The cattle markets have seen two weeks of strong futures gains, which is bringing smiles to the faces of cattle feeders. With carcass weights lower in Canada and the United States, they’re are current and looking to fill empty pens as the cash market rises. The summer of 2016 is still fresh in cattle feeders minds… Read more »
Beef Market Update – When You Are Current, You Have Bargaining Power
Trade has been the focal point for the beef industry in North America, lately, as both Canada and the U.S. search for export growth. It seems like we talk more about trade deficits and surpluses between countries than we have in a long time. This week in the Beef Market Update with Anne Wasko, Anne… Read more »
AgriClear Announces Collaboration with Verified Beef Production Plus Program
AgriClear, a North America-wide online transaction and payment platform for cattle buyers and sellers, has announced a collaborative marketing agreement with Verified Beef Production Plus (VBP+). Verified Beef Production Plus (VBP+) is a national program providing verification of Canadian beef production practices at the farm, ranch, and feedlot. Delivered nationally under the umbrella of the… Read more »
Beef Market Update: Brazil’s Protein Bribery Case Raises Opportunity for North American Exporters
With Brazil locked in a major bribery scandal that has closed most of its export markets for beef and chicken, the cattle market scrambles to understand the full situation. Brazil is the number one exporter of chicken in the world (40%) which means if borders are shut long term, chicken supplies will be extremely tight,… Read more »
Beef Market Update: Will March Be A Downer?
We all have our favourite months of the year. For some people, it’s December due to Christmas, or it could be April, because the cropping season begins, but right now the most critical month for cattle producers is March. It seems that many cattle analysts believe March may end up being a bit more bearish… Read more »
Beef Market Update: China, the Beef Export Holy Grail
It’s time for another episode of the Beef Market Update! Shaun Haney and Anne Wasko are fresh off their trip to Nashville and they have much to discuss. Canada has agreed that they will attend the the March “post-TPP” meeting in Chile with most of the other countries minus the United States. Also invited is… Read more »
Guarded Optimism in CattleFax Report at the NCBA Convention — Kevin Good
One of the highlights of every NCBA Trade Show and Convention is the release of the Cattlefax report. Cattlemen and women from across North America gather on the Thursday morning to hear the full-hour presentation by the Cattlefax team. Shaun was able to catch up with market analyst Kevin Good on the trade show floor… Read more »