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Beef cattle

CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Tight supply drives CME live cattle to new highs

Hogs down off Wednesday's one-month high

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures galloped to new highs on Thursday on short-covering combined with continued concerns about U.S. tight supplies, brokers said. October live cattle futures ended up 2.325 cents at 185.475 cents/lb. after setting a contract high of 185.775 cents/lb. (all figures US$). December live cattle settled 2.5
Beef sector faces weather, insurance challenges
Livestock Markets, Markets

Beef sector faces weather, insurance challenges

Prices have been a boon, but other problems remain

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The provincial election was called on Sept. 5, and Manitoba Beef Producers general manager Carson Callum wants the Progressive Conservative, New Democratic and Liberal parties to consider the needs of the Manitoba beef industry. Among them are measures to mitigate the effects of drought and flood, as well as the need for good roads and
File photo of seasonal agriculture workers from Jamaica at Suncrest Orchards near Simcoe, Ont. (Farmtario photo by Diana Martin)

UN rapporteur calls Canada’s TFW system ‘breeding ground for modern slavery’

Tomoya Obokata says government needs to better protect worker rights and provide better residency path

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A United Nations special rapporteur on modern slavery has called out Canada’s temporary foreign worker (TFW) programs, including those in the agriculture sector. Tomoya Obokata, who was appointed by the UN’s Human Rights Council, spoke in Ottawa Sept. 6 following a 14-day visit to Canada. He called the programs “a breeding ground for contemporary forms
CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures ease in technical setback after highs

Nearby lean hogs also down on technical selling

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Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures retreated on Wednesday in a technical selling and profit-taking setback after hitting highs earlier in the week, traders said. Higher feed corn prices and a weak tone to the cash beef market added pressure, they said. “This is technical after feeder cattle hit
Wrecked structures float in the water in the aftermath of Hurricane Fiona at Rose Blanche, N.L., about 45 km east of Port aux Basques, on Sept. 25, 2022. (Photo: Reuters/John Morris)
Comment, News & Opinion, Opinion

Cropping with wonky weather

It’s time to start farming in a way that can absorb weather curve balls

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A farmer friend challenged me about what he considered alarming statements related to climate change. He sighed and said “a temperature bump of 1.5 C probably won’t bother me.” There is a difference between climate and weather. For example, the climate in July 2023 was 1.5 C higher on average than pre-industrial (before 1850) average
University of Manitoba research scientist Kim Ominski.
Faces of ag, Farmit Manitoba

Giving beef a good rep

FACES OF AG | University of Manitoba research scientist honoured

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A Manitoba research scientist has earned top accolades from the Beef Cattle Research Council for her work on sustainability and the cattle sector. Kim Ominski of the University of Manitoba received the 2023 Canadian Beef Industry Award for Outstanding Research and Innovation at the Canadian Beef Industry Conference in Calgary Aug. 16. Why it matters:
Photo: Canada Beef
Livestock, Markets

Klassen: Feeder market continues to consolidate

U.S. feeder cattle supplies seen tighter than expected

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Compared to last week, western Canadian grass yearling prices were relatively unchanged. Yearlings over 800 lbs. on light grain rations or on diets mixed with silage were priced at $5 to as much as $20 discount to those cattle coming straight off pasture. Larger groups of uniform quality continue to trade at a minor premium
Water flows through a washed-out culvert on the CN rail mainline at Truro, N.S. on July 23, 2023. (Photo: Nigel Gloade/Millbrook First Nations/Handout via Reuters)
Weather

Nova Scotia farmers granted late AgriStability entry

Enrolment for 2023 now an option until Dec. 31, 2024

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Nova Scotia farmers who aren’t in on AgriStability for 2023 and whose operations were hit hard by weather events this spring and/or summer now have until the end of next year to enroll. The Nova Scotia and federal governments on Friday announced enrolment for the ag income stabilization program, which ended on April 30, has

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