Beef producers ask province for help with feed shortage

Beef producers ask province for help with feed shortage

Wet, cold weather stunts forage production yields

Many beef producers in the province are struggling to find enough feed for their cattle this winter, according to the Manitoba Beef Producers. Ranchers in flood-affected areas, including the areas flooded by the Portage Diversion, the northwest and southwest corners of the province are facing poor-quality forage and feed shortages after a cold, wet summer.

The site for a proposed federally inspected beef slaughter facility in St. Boniface was recently sold for half the Manitoba Cattle Enhancement Council’s asking price.  photo: shannon vanraes

Sale of MCEC property raising questions

The provincial government says the MCEC failed because federal funding never materialized, but it isn’t releasing details of a recent property transaction

It was supposed to be the site of a new, federally inspected cattle slaughter facility — one that would buoy a flagging industry in the wake of BSE. But now Manitoba’s opposition Tories say a property at 663 Marion Street in Winnipeg has been sold for half its value as the Manitoba Cattle Enhancement Council





(CMEGroup.com)

U.S. livestock: CME live cattle end higher, pare early losses

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply higher on Monday, erasing early-session losses as they gained on short-covering and fund buying before the end of the quarter on Tuesday, traders and analysts said. October live cattle closed up 2.5 cents per pound at 160.95 cents, and December was 2.375 cents

Beef products at a Japanese market.

Editorial: Customers, not competitors, come first

Is there anyone out there who thinks it’s a good thing for Canadian agricultural representatives to join with their competition from other countries to criticize their best customers? The answer is almost certainly no, but on the other hand we didn’t hear any objections when the Canadian Pork Council did exactly that earlier this month.


Klassen: Feeder cattle market surges

Western Canadian feeder cattle prices surged $4-$6 per hundredweight (cwt) and in some cases as much as $10/cwt over the past seven days. Feedlot buyers became more aggressive in the market, now that corn silage season in southern Alberta is in the final stages. Favourable weather also enhanced buying interest, and the same old story

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Nearby CME live cattle close up three-cent limit

Chicago | Reuters –– Chicago Mercantile Exchange live cattle nearby trading months closed up the maximum three-cents-per-pound daily price limit, driven by short-covering and fund buying, traders said. October and December finished at 158.45 and 162.1 cents/lb., respectively (all figures US$). Deferred contracts may have drawn support from the outlook for tight supplies in the


(CMEGroup.com)

U.S. livestock: CME hogs slump as Wall Street tumbles

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs closed lower on Thursday, pressured by active U.S. stock market selling as the dollar surged to a four-year high, traders and analysts said. The strong dollar makes U.S. goods including pork less attractive to foreign buyers. Hog futures’ losses mounted after nearby trading months drifted below

Australian drought seen staying until 2015, likely to boost cattle slaughter

Sydney | Reuters –– Drought conditions across Australia’s east coast are unlikely to improve before 2015, the Australian Bureau of Meteorology said, fuelling expectations that beef supply from the world’s No. 3 exporter may beat estimates as wilting pastures force farmers to slaughter more animals. Queensland, Australia’s largest cattle producing state — home to about