For the week ending February 2, Western Canadian feeder cattle prices were up $6/cwt to $12/cwt from seven days earlier. Certain pockets of Western Canada had grass cattle trading $12/cwt to as much as $20/cwt above the previous week.
The U.S. cattle herd reached lowest head count since 1950s, trade anticipates heifer retention
Lean hogs also turn lower after recent rally faced fundamental resistance
Easing dryness could encourage ranchers to begin rebuilding beef herds
U.S. corn imports adding to lack of demand for domestic barley
FCC projects sliding revenue fortunes, maintains long-term optimism
Trend expected to continue through February
Enteric methane emissions from cattle contributes 3.3 per cent of Canada’s total GHG emissions
The Canadian Cattle Association continues to work on resolving specified risk material and U.S. cattle holdback issues