(Canada Beef Inc. photo)

U.S. livestock: Slumping beef prices rattle CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Friday, pulled down by profit-taking in response to the day’s sharp drop in wholesale beef values, traders said. June closed 1.175 cents per pound lower at 152.325 cents, and August fell 1.475 cents, to 151.275 cents. Friday morning’s choice wholesale beef price



meat counter in a grocery store

Pressure mounts for changes to country-of-origin labelling

WTO ruling sets the stage for U.S. repeal of COOL

The United States has three months to repeal its country-of-origin labelling program on beef and pork imports before Canada and Mexico will proceed with billions of dollars’ worth of retaliatory tariffs on American goods. In the wake of the World Trade Organization’s final decision May 18 that COOL violates international trade rules, the House of

farm family standing in a pasture with cattle

Cattle producers seek protection from residential neighbours

Manitoba municipality ignores its own bylaw in the 
endeavour to develop rural residential property

Area livestock operators say they fear being squeezed out by a proposed residential development their municipality has approved based on false information and in contravention of local bylaws. Residents opposed to the project say the developer behind a proposed 96-acre housing development east of Carberry failed to disclose in his rezoning application that there are


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle shrug off early weakness

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Wednesday after initial selling, helped by short-covering and futures’ discounts to last week’s cash prices, traders said. June closed 0.675 cent per pound higher at 152.475 cents, and August ended up 0.8 cent at 151.425 cents (all figures US$). Last week, most market-ready

Sea surface temperature anomalies over the El Nino region of the Pacific, for the week centred May 20. (CPC.ncep.noaa.gov)

El Nino seen bringing drought to Brazil’s north, heavy rains to south

Sao Paulo | Reuters –– Brazil will likely experience a moderate El Nino by the end of the year, bringing steady rain to the country’s main grain-producing regions and sustained drought in the arid north, the national meteorological institute, Inmet, said. Inmet meteorologist Fabricio Daniel dos Santos Silva said six consecutive quarters of warming sea



calves in a feedlot

Beef industry travelling to a different drummer this year

After an extraordinary year in which all animal industry saw higher prices, beef stands alone in the continuation of lower production

2014 was a special year for the animal production industries with record-high farm-level prices for cattle, hogs, broilers, turkeys, milk and eggs. For 2015, a surprisingly fast expansion of poultry, pork and milk production will cause lower prices for those commodities. Beef stands alone in the continuation toward lower production, but prices remain uncertain. In


calf laying in the grass

Beef 911: How can you improve your calf processing?

There are always ways to improve and it’s worthwhile reviewing how things went this year

Since the traditional time for getting calves ready for grass is close to over, it is good to review your protocols, methods, and any issues you had this year and introduce ways to improve next year. There are two main ways ranchers process calves. The first is the traditional way we call ‘branding,’ where calves

(Canada Beef Inc. photo)

Klassen: Strong beef prices spill over into feeder market

U.S. wholesale beef prices surged higher this past week as stronger retail and restaurant demand absorbed the larger beef stocks in storage. Alberta packers’ average purchase price was $202.50 and with pen break-even closeout prices near $188, the healthy margin structure renewed buying confidence in the feeder market. All weight categories experienced a stronger tone,