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Beef cattle, Livestock, Livestock Markets

Bright outlook for cow-calf sector

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If you thought calf prices were good this winter, just wait until next fall. During the tail end of the 2011 calf run, 550-weight feeder prices averaged around $1.60 per pound. Barring macroeconomic disasters affecting consumer purchasing power in major markets, calves could punch higher next fall to $1.75 per pound, Brian Perillat, manager and
Livestock, Livestock Markets, News

CCA not surprised by latest COOL development

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The U.S. government has been granted an extension to appeal the controversial country-of-origin labelling (COOL) law. In November, the World Trade Organization (WTO) ruled in favour of Canada and Mexico’s position that provisions of the COOL law discriminated against live hogs and cattle imported into the United States. The U.S. government was recently given an
Hogs, Livestock, Livestock Markets, News

Pork industry hoping for strong exports

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Demand for Canadian pork is expected to be strong in 2012, but export sales will be key. “We expect exports to be relatively stable, hopefully with better prices,” said Canadian Pork Council president Jurgen Preugschas. “We’re always hopeful that our industry doesn’t suffer losses like it has in previous years.” As of Nov. 1, pork
Livestock, Livestock Markets

Weather chills some sales, but markets stay strong

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Feeder cattle moving through Manitoba auction marts continued to be met with strong demand during the week ended Jan. 20. The extremely aggressive feeder trade, which has boosted the cattle market, shows no signs of slowing down. Some markets were seeing prices $2-$3 stronger on all classes of feeders. The biggest price increases were seen
Livestock, Livestock Markets

Lightweights expected to move as auctions resume

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Strong prices and movement at the various auction marts across Manitoba are expected to continue in the new year as activity resumes after the Christmas holiday season. “Indications are that the few cattle that have been publicly traded out there are fully steady,” said Rick Wright, a cattle buyer for Heartland Order Buying Co., adding
Dairy cattle, Livestock, Livestock Markets

China imports dairy cows

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China is importing more dairy cows to try and beef up its transition to larger-scale farms, as the industry attempts to boost production and quality following a deadly scandal. China plans to nearly double milk production to 64 million tonnes by 2020, as part of a long-term plan by the Ministry of Agriculture to improve
Livestock, Livestock Markets

Live cattle exports to the UAE

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The federal government has reached a new agreement for exporting live cattle to the United Arab Emirates (UAE) — a market valued at $40 million in sales annually, Agriculture Minister Gerry Ritz has announced. “This announcement instantly provides new export opportunities for Canadian producers, and is a significant step toward regaining access to other key
Dairy cattle, Livestock, Livestock Markets

UN calls for more efficient livestock

World meat consumption will rise 73 per cent by 2050 Milan / Reuters / Livestock farms should use natural resources more efficiently to meet ever-growing demand for meat and dairy products in a way friendly to the environment, the United Nations’ Food and Agriculture Organization (FAO) said Dec. 14. Global meat consumption is projected to
Livestock, Livestock Markets, News, Weather

Dry winter a worry for cattle, winter wheat

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Canada’s western farm belt is the driest it has been in five years, raising concerns for cattle and winter cereals. Large pockets of the Prairie provinces have received less than 40 per cent of normal precipitation during the past three months, according to federal Agriculture Department maps. “We have a lot of winter ahead of

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