Canadian farmers are less likely to turn to agricultural programs meant to help them, like business risk management or on-farm funding, if those programs are frustrating to navigate.
Tag Archives Backgrounding
Farm funding and insurance materials need to be clear
Farmers are less likely to turn to agricultural programs meant to help them if those programs are frustrating to navigate
Feedlot and backgrounding sectors called to participate in study
Two-part project looks for insight on feedlot and backgrounding practices
Canadian Feedlot Benchmark Study will help create a national benchmark database of backgrounding and finishing practices used in herds across Canada.
Klassen: Canadian feeder market rationing demand
Demand from Ontario remains aggressive
Compared to last week, western Canadian yearling prices were up $4-$6 while calf markets traded $6 to as much as $10 above week-ago levels. May feeder cattle futures are trading at a $8 premium to the nearby March contract. The carrying charge in the futures market has encouraged buyers to step forward sooner rather than
Klassen: Alberta yearling market makes fresh 52-week high
The western Canadian feeder cattle market is in price discovery mode. There was a light test of yearlings and calves this past week, with prices setting fresh 52-week highs. New-crop supplies of grass cattle are coming on the market from drier pockets of Alberta. At the same time, regular feedlot backgrounded replacements are trading at
Keep your calves a little longer
Don’t discount the possibility of backgrounding cattle at home
When Tavis Peardon and Janelle Smith started delving into backgrounding calves in the field, they found some promising results. The pair of livestock and feed extension specialists with the Saskatchewan Ministry of Agriculture presented the initial results of their three-year study at the Ag in Motion Discovery Plus virtual farm show in July. Starting at an equal shrunk weight of
Klassen: Yearling prices stay sluggish, calves hold value
Compared to last week, western Canadian yearling prices were steady to $4 lower; calves and grass cattle were relatively unchanged. Early in the week, the mood was quite depressing; yearlings were under pressure with feedlot buyers on the sidelines. By Friday, the market appeared to be well established. Backgrounding operators have been active sellers over
Klassen: Feeder market lacks buying interest
Market gives in to pressure from Chicago futures
Compared to last week, western Canadian feeder cattle markets traded $5-$8 lower on average, with yearlings dropping as much as $10-$12 in certain areas. It appears buyers are incorporating a risk discount due to uncertainty in beef demand longer-term. Rising unemployment levels, sluggish consumer confidence and a sharp drop in disposable income are all factors
Klassen: Uncertain beef demand weighs on feeder market
Compared to last week, western Canadian prices for yearling and heavier calves were down $2-$4 on average. The calf market was hard to define; Alberta markets traded $3 lower to $4 higher but notable strength was evident in Saskatchewan and Manitoba where values were steady to $4 higher. Favourable weather contributed to higher auction market
Klassen: Challenging weather influencing feeder market
Compared to last week, western Canadian yearling prices were relatively unchanged; calves appeared to trade $3 lower to as much as $5 higher. Weather conditions have played a larger role in the price structure this fall. Major finishing feedlots continue to focus on preconditioned calves and have left the unweaned or unvaccinated feeders to the
Klassen: Feeder market sends mixed signals
Compared to last week, western Canadian average yearling prices were steady to $3 lower while heavier replacements above 1,000 lbs. actively traded $3 to as much as $6 lower. Weakness in deferred live cattle futures, along with rising feed grain prices, caused buyers to lower their bids accordingly. Steers averaging 1,000 lbs. were readily trading
Cyber-Savvy Farmer
