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Cow-calf

Fall cattle run earlier than expected
Livestock Markets, Markets

Fall cattle run earlier than expected

Drought conditions continue to drive volumes as producers forced to sell

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Increasing demand from cattle producers selling their herds convinced Tyler Slawinski of Gladstone Auction Mart to hold a sale Aug. 3, even if it wasn’t entirely the best idea. “We had 160 head. It wasn’t cost feasible to run a sale that small, but we like to provide a service for producers in need. That’s
Photo: File
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME cattle futures rise after U.S. cuts beef production forecasts

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Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose on Thursday as the U.S. Department of Agriculture reduced its forecasts for domestic beef production. The agency, in a monthly report, trimmed its estimate for 2021 U.S. beef production by 0.1 percent from July to 26.965 billion pounds due to lighter expected carcass weights. The production forecast
Pastures near Fork River, Man., show the strain of drought and grasshopper pressure.
Livestock, News

Cattle sector says long-term plan needed

Relief has been promised, but with many ranchers selling down herds, producers say there must be a long-term plan to get them back in the game

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Though the gears of government relief programs have begun grinding into motion, that aid will come far too late for many drought-stricken ranchers. “It’s taking so long,” said Arnthor Jonasson, who is a cattle farmer and the reeve of the RM of West-Interlake. “If the government is at all interested in trying to save the
(Darcy Maulsby/iStock/Getty Images)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME hogs end mostly higher on bargain buying, cattle drift lower

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Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange closed mostly higher on Wednesday as bargain-buying and firmer wholesale pork prices helped the benchmark October contract rebound from a one-month low set a day earlier. CME October lean hogs settled up 1.975 cents at 85.850 cents per pound and December hogs rose
Photo: Thinkstock
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME cattle futures rise as beef prices climb; hogs end lower

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Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday, lifted by surging beef prices and rising packer margins that fueled expectations of firmer cash cattle prices this week, traders said. CME October live cattle settled up 0.650 cent at 128.125 cents per pound, while September feeder cattle futures
Additional details will be shared with Manitoba producers as programs are developed and become available.
Livestock, News

Province pledges $62 million to AgriRecovery

Drought situation has been ‘extremely stressful and challenging’ for cattle producers, says MBP president

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The Manitoba government will invest $62 million in programs for drought-stricken farmers under the AgriRecovery framework ag minister Ralph Eichler announced Aug. 10. “Without additional investment, producers are in the very difficult position of having to consider reducing their herds or leaving the industry altogether,” said Eichler in a news release. “Our government is making
Photo: File
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Live cattle firms on improved cash, holiday demand

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed on Friday, supported by elevated cash cattle trade and stronger wholesale beef prices, analysts said. “I think it’s a combination of things, including packers trying to get beef into the pipeline before the Labor day features,” said Alan Brugler, president of Brugler Marketing. “Cash
The federal government is pledging $100 million through AgriRecovery for drought-stricken farmers.
News

Federal government announces $100 million for AgriRecovery

Provincial, federal governments agree to increased AgriStability interim payments

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The federal government has pledged $100 million through AgriRecovery to aid drought-stricken farmers. Today we are announcing $100 million to add to provincial AgriRecovery initiatives, ready to be delivered as quickly as we can turn around provincial submissions, and ready to seek further funding for requests exceeding this amount,” said federal Minister of Agriculture Marie-Claude

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