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(Alicat/iStock/Getty Images)
Weather

Prairie Forecast Update: Low to chug through mid-week

Issued Aug. 13, covering Aug. 13-16

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The weather models seem to have come to an agreement on the area of low pressure forecasted to come in off the Pacific around mid-week. It looks like the energy from this system will quickly spin up an area of low pressure over north-central Alberta on Tuesday. The low will then quickly deepen and track
CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures fall as packers’ profit margins in red

Lean hog futures show gains

By ,
Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday, as cash cattle prices eased and packers continued to hemorrhage profits and remained reluctant to pay more for animals, analysts and traders said. Meanwhile, lean hog futures firmed as profit margins improved for pork processors. Limited cattle supplies kept a floor under the
Cow Close-Up
Editorial, Op/Ed

Editorial: Cattle at a tipping point

By
COVID-19 gave everyone a new archetype for the phrase, “may you live in interesting times.” Or, to sum up a few social media posts at the time, living through a historic event isn’t all it’s cracked up to be. That’s what it feels like when looking at the cattle sector. In Saskatchewan and Alberta, ranchers
Dry pastures near Virden near the end of July.
Forages, Livestock

Manitoba’s hay picture remains unclear

Without rain, many farmers could find themselves short

By
Farmers who think they might be short on feed should take steps now or risk paying higher prices amid lack of supply, according to Manitoba’s forage experts. “You may wait and find out that it’s gone up three, four or five cents a pound, or it may not even be available at the quality that
Leaseholders pack into a fall 2019 meeting in Ste. Rose du Lac soon after the release of new Crown land regulations.
News

Crown land changes approved

Producers have been fighting to get the system changed for years

By
Producers say they hope the latest changes to Agricultural Crown Lands regulations in Manitoba put an end to the controversy and confusion of the past four years. “I think these changes make the system a lot more workable,” said Manitoba Beef Producers general manager Carson Callum. “The changes that happened in 2019 were against the
CME October 2023 live cattle with 20- and 50-day moving averages and August 2023 live cattle (black line). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle firm, hogs mixed

Cattle supply outlook overrides demand concerns

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Thursday, buoyed by a round of technical support as the market remained near last week’s highs. Feeder cattle contracts also posted gains, while lean hog futures were mixed Traders said that tight supplies underpinned cattle futures prices despite demand concerns. CME August live
Livestock auction sites prepare for early reopenings
Livestock Markets, Markets

Livestock auction sites prepare for early reopenings

While not as significant as 2021, auctions are still extending their normal dates

By
It’s not the situation that faced Manitoba auction sites in 2021, when the summer break was cut short due to historic drought, but some sites this year will start the fall run a few weeks early. The early start is due to ongoing heat and dryness experienced for much of this summer, particularly in southwestern
Agriculture and Agri-Food Canada’s Drought Monitor map at July 31, 2023. (AAFC)
Weather

Prairie Forecast: Cooler and unsettled

Issued Aug. 9, covering Aug. 9 to 16

By ,
First off, I must apologize for not producing an update to the last forecast; I had the opportunity to do some backwoods camping, which meant I was off the grid for about five days. I’m back now, and from the weather model runs I’ve been able to check out, this forecast period is going to
CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Cattle up on U.S. supply worries

CME lean hog futures sag

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Wednesday as tight U.S. supplies continued to support the market, analysts said. Feeder cattle futures also advanced, while lean hog futures declined. The live cattle market is largely trading sideways in the most-active contract this week after finishing with strong gains on Friday,

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