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File photo of the flags of Canada and its provinces and territories at Canada Place in Vancouver. (lilly3/iStock/Getty Images)
Weather

Request line open for AgriRecovery drought plans, Bibeau says

Formal ask needed to trigger process: ag minister

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Canada’s federal agriculture minister says the government is “ready to receive formal submissions” from provinces for AgriRecovery plans to help Prairie farmers and ranchers up against significant droughts this summer. Marie-Claude Bibeau, summarizing discussions from Thursday’s online meeting with provincial and territorial (FPT) agriculture ministers, said the formal requests “are needed to trigger the process,”
CME August 2021 live cattle (candlesticks) with Bollinger bands (20,2) and October 2021 live cattle (dark red line). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle drift lower

Lean hog futures end mixed

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures drifted lower on Thursday in lacklustre trade, with disappointing weekly export sales data and softening wholesale beef cutout prices adding pressure, analysts said. “The fact that the cutout on beef has been drifting lower just doesn’t give the market a lot of confidence that packers
Cattle search for grazing on one of the Interlake’s sparse pastures in July.
Livestock, News

On the brink: Drought pushes Interlake beef producers to the edge of viability

Will drought see an exodus from the cattle business in Manitoba's Interlake?

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The pictures coming out of the pastures and hayfields between Lake Manitoba and Lake Winnipeg are grim, and they look nothing like July. Across the field, there is little green on the ground. Brown is the predominant colour, and little stands tall enough to block out the occasional rock or cow-pie. It’s a visual image
Critically dry pasture in the RM of Fisher shows little growth in July after only three weeks of grazing.
Forages, News

Feed fears come into focus after poor first cut, flagging pasture

Livestock producers are facing yet another year of both poor first-cut yields and ongoing pasture concerns

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Producers are seeing their fears realized with light hay cuts and pasture supplies once again running thin. With the exception of very localized patches of the southeast, which are seeing almost normal growth, most producers harvested 50 to 70 per cent of their normal forage in the first cut, according to John McGregor, hay expert
CME August 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures rise as pork production estimates cut

Feeder cattle down on rising grain values

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped on Monday as the U.S. Department of Agriculture reduced its domestic pork production estimates for this year and next year. The USDA cut its production estimates because of reduced expectations for commercial hog slaughtering in the second half of the year, according to a
Cattle auctions slow down for summer
Livestock Markets, Markets

Cattle auctions slow down for summer

Some auctions are anticipating an early return if dry conditions continue

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Entering July, some Manitoba cattle auction sites either are or will soon take their summer break. But continuing drought-like conditions may increase selling demand for cattle producers and auction sites could see their summer vacation be shorter than normal. “We had our last regular sale for the summer break here (on June 29),” said Tyler
CME August 2021 live cattle (candlesticks) with 100-day moving average (red line) and August 2021 lean hogs (pink open/high/low/close). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle ease as beef demand cools

CME lean hog futures mostly firm

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped for a second day, following U.S. boxed beef prices lower as seasonal demand cools. “You’re still seeing boxed beef pull back, which is normal, seasonally,” said Matthew Wiegand, Risk Management Consultant at FuturesOne. “We’re past the Fourth of July — we don’t have a

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