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Beef cattle

CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle follow packer demand down

Lean hog futures also lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, pressured by weak cash cattle trade as packer demand remains light, analysts said. “The lack of bids is daunting,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc. Kooima noted packers have enough cattle purchased on negotiated contracts to meet
“That’s your future. As my herd goes down, so does my income. It’s gut wrenching.” – Dianne Riding, cattle producer.
Livestock, News

Drought forces ranchers to sell off their future

From Manitoba to Mexico, ranchers are forced to make hard choices this season

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When rancher Dianne Riding strides across her brown pasture, sidestepping cracks and popping grasshoppers, she has less company than usual. Record-setting heat and sparse rain left Riding with too little grass or hay to feed her cattle near Lake Francis, Manitoba. She sold 51 head at auction in July, about 40 per cent of her
“It’s a significant increase from a year-to-year standpoint.” – David Koroscil, MASC.
News

MASC reports slight forage insurance uptick

This was the first year programs included changes from a forage insurance review

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Slightly more producers bought into forage insurance this year, although it’s unclear how much that increase was brought on by changes new to the program this year, and how much was due to expectations of a poor season. “It’s probably a combination of both,” Manitoba Beef Producers general manager Carson Callum said, “and we don’t
Parking lot signage outside an advance polling station in Winnipeg’s Tuxedo Industrial area on Sept. 12, 2021. (Dave Bedard photo)

Federal agriculture minister leading on election night

CPC, NDP ag critics prevail; BQ critic in tight race

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Canada’s incumbent agriculture minister was among the MPs expected to hold onto their seats in Monday’s snap federal election, in which Justin Trudeau’s Liberals return with a second minority government. As of Tuesday morning just after midnight CT, Marie-Claude Bibeau was leading in her Sherbrooke, Que.-area riding of Compton-Stanstead by a spread of over 3,300
CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle end mixed, hogs lower

Futures under pressure as equity markets slump

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Monday as late-session bargain buying only partly offset pressure from adequate cattle supplies and global economic concerns that threatened to blunt demand for beef. “The cattle market can’t seem to catch a break. Boxed beef has been trending down and there are
(GFM file photo)
Crops, Forages

CFA’s Hay West program up and running

Program website now online

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A revival of the “Hay West” initiative, aimed at shipping feed from Eastern Canada to supplement drought-dented supplies in the West, has gone live. The Canadian Federation of Agriculture on Friday announced its Hay West 2021 initiative is “now operational and seeking applicants to both receive and supply hay.” Applicants interested in either supplying or
The United Nations will be the scene of the Food Systems Summit later this month.
Farmit Manitoba, News, Other

Ticking down to the UN Food Systems Summit

The livestock sector will ignore the UN Food Systems Summit at its own peril

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The beef sector cannot ignore the possible ripples when delegates arrive in New York later this month for the first UN Food Systems Summit. That’s the message Robynne Anderson, director general of the International Agri-Food Network (IAFN), had while addressing the 2021 Canadian Beef Industry Conference in early September. Why it matters: Livestock producers should
The latest Canada Beef marketing campaign pokes fun at pretenders — including all those fake meat products.
News

Beef campaign aims for the funny bone

Canada Beef says last year’s One and Only Beef campaign struck the right tone

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What do a fake moustache, fake tan and a cat with a cloth “mane” on its head all have in common? According to the national organization devoted to promoting beef, they’ll hopefully help boost sales at the meat counter. The latest marketing to come out of Canada Beef hopes a little humour will sway consumers

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