If you were looking for the the July 1 USDA cattle on feed report to shock the market to the higher side, it did not deliver. Overall, cattle on feed in the United States were up 4 percent compared to a year ago, with heifers and heifer calves on feed up 11 percent compared to… Read More
Category: Meat Markets
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
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
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
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
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
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
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
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
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
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, 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
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
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
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