As most auctions reopen, cattle industry’s future looks grim

As most auctions reopen, cattle industry’s future looks grim

The start of Manitoba’s fall run will now depend on the weather

All but one of Manitoba’s eight cattle auctions were open during the week of Aug. 18-24, with Winnipeg Livestock Sales set to go ahead on Aug. 25. Gladstone Auction Mart and Ashern Auction Mart were back in business this week, with small numbers of cattle coming in, according to one of their auctioneers, Tyler Slawinski.

CME October 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs climb as traders eye seasonal supply shifts

Cattle futures down ahead of long weekend

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Wednesday, finding support as traders gauged pork demand and watched for signs of a seasonal influx of market-ready hogs. “We still have an index that’s higher than the October. It usually doesn’t close the gap until we get into September a week or


Durum plants on Aug. 28, 2023 near Acadia Valley, Alta., about 160 km north of Medicine Hat, stand shorter with fewer kernels than normal due to dry conditions. (Photo courtesy Darold Niwa/Handout via Reuters)

Prairie Forecast: Mostly sunny and warm

Issued Aug. 30, covering Aug. 30 to Sept. 6

It’s a straightforward forecast for this period as the general weather pattern looks to be pretty quiet. It starts with a large area of high pressure centred over the Great Lakes with a weak area of low pressure over Alberta. The Great Lakes high will put sunny skies and warm temperatures over much of Manitoba

File photo of Diefenbaker Lake in southern Saskatchewan. (IanChrisGraham/iStock/Getty Images)

Saskatchewan ag minister to oversee water agency

Marit gets additional duties in cabinet shuffle

Saskatchewan’s minister of agriculture will take on added responsibility for the provincial Water Security Agency following a cabinet mini-shuffle. Premier Scott Moe on Tuesday named David Marit, MLA for the southwestern riding of Wood River since 2016 an minister for agriculture and Saskatchewan Crop Insurance Corp. since 2018, as minister responsible for the WSA. In


CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle dip as traders weigh cash, consumer demand

Hog futures down on supply expectations

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after four days of gains, as traders look for direction from consumer demand amid tight cattle supplies, analysts said. “I think we’ve been sideways for cattle now for over a month and, I guess until we see a change on the product

(Photo courtesy Canada Beef Inc.)

Klassen: Calf numbers down in Western Canada

StatCan figures a surprise to the trade

Compared to last week, western Canadian yearling markets were relatively unchanged. Yearlings straight off grass were very well bid and prices held value. Yearlings over 800 lbs. on light grain ration were quoted $15-$20 discount to those cattle coming straight off pasture. We’re seeing heavier calves around 800 lbs. trade at $330-$340. Increased calf numbers


CME October 2023 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME feeder cattle up on consumer demand, tight supplies

Labour Day weekend demand also lifts hogs

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures gained on Monday, supported by consumer demand and continued tightening of available cattle, analysts said. “I think we probably did get a little help here from retail movement over the last week,” said Alan Brugler, president of Brugler Marketing, noting the Labour Day holiday is

Opinion: Keep balance in research funding

Opinion: Keep balance in research funding

Many ingredients went into the mix that resulted in the extraordinary success of agriculture in feeding a growing population. There’s the ability of farmers to constantly learn and increase their management skills. There are also vast improvements in technology – mechanical, digital and biological – that have come from researchers in both private companies and


Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)

Brazilian meatpacker JBS sees gain from lower grain prices

Reuters – Brazilian meatpacker JBS SA has forecast gains of US$450 million this year related to lower grain prices, particularly corn, higher than guidance of US$340 million given at the end of the first quarter. CFO Guilherme Cavalcanti revealed the estimate, expected to primarily benefit the company’s pork and poultry businesses, as JBS discussed quarterly

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

U.S. livestock: CME live cattle gain as heat impacts producers

Seasonal pressures drag on hog futures

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Friday as processors looked to incentivize market-ready cattle movement while producers struggled against high temperatures on the U.S. Plains, analysts said. “We saw packers willing to pay up to keep stuff moving. With the hot weather, you had probably reduced performance and a