Peru loosens restrictions on Canadian cattle

Peru has reopened its markets to Canadian beef and dairy cattle, Agriculture Minister Gerry Ritz said in a Feb. 21 release. Canada Beef and the Canadian Livestock Genetics Association estimate the market to be valued at more than $2.5 million in 2012 for the Canadian cattle sector. Canadian exporters are eligible to export to Peru

Analysts wonder when, how feeder demand will break

Feeder cattle moving through Manitoba’s auction yards continued to see good demand and firm prices during the week ended March 2. “Prices are staying very strong,” said Keith Cleaver of Heartland Livestock Services at Brandon, citing the continued firmness in U.S. futures together with a reduction in cattle numbers in Western Canada as supportive influences.





Cattle tumble after setting record high

U.S. live cattle futures fell sharply March 2 in a profit-taking setback ahead of the weekend, after posting an all-time high late this week, amid worries that demand for high-priced beef may soon begin to wane, traders said. The plunge came as cash cattle in the southern U.S. Plains traded at a record-high $130 per hundredweight, up

Big exports but cattle herd expansion unclear: USDA

Washington / Reuters Recent drought and forecasts for limited rainfall could constrain the size of the U.S. cattle herd despite high retail beef prices and forecasts for near-record exports, the Agriculture Department said Feb. 15. Record-high retail beef prices “are not sufficient to provide the long-term margins and profits the wholesale and cattle-feeding sectors must


Burger demand spurs need for butcher cows, bulls

Cattle movement in the province continued to remain at a brisk pace during the week ended Feb. 17, although values for the heavier-weight animals continued to weaken. The quality of the animals being marketed was described as being in the average to above-average category, with premiums still being offered for the top-quality grass cattle. The