An overabundance of beef processing capacity has never been an asset of Ontario farmers. It might be time for them to take that problem into their own hands. The loss […] Read more
Beef cattle
Editorial: Burdensome beef supply needs an Ontario outlet
Strong global protein market drives meat production expansion
The growth in American beef and pork is based on export markets
Strong demand continues for beef around the world, along with other proteins. That’s kept prices decent globally despite growing supplies. “The global demand for beef is very very strong,” says […] Read more
The beef with packing capacity
Ontario is missing opportunities and stuck with lower farm gate prices because of low beef packing capacity. Here’s what the sector is doing about it
There are numerous ways to increase beef processing capacity in Ontario — but none of them are quick or easy. The Canadian Cattlemen’s Association is working with Beef Farmers of […] Read more
U.S. livestock: CME live cattle set contract lows
Fears persist that coronavirus will hurt beef demand
Chicago | Reuters — U.S. cattle futures sank to contract lows on Friday, extending a decline fueled by fears that the global coronavirus outbreak will slow economic growth and reduce […] Read more
JBS plans U.S. listing as Brazil state bank sells stake
Sao Paulo | Reuters — Brazilian meatpacker JBS SA and state development bank BNDES are planning a simultaneous listing of JBS international operations in the United States and the sale […] Read more
Feed weekly outlook: Soft demand weighs on prices
MarketsFarm — Feed grain prices on the Prairies remain soft ahead of spring planting, due to quiet demand from feedlots. “Feedlots are full of grain right now,” Brandon Motz of […] Read more
U.S. livestock: CME cattle retreat on demand worries
Hogs up on hopes for sales to China
Chicago | Reuters — U.S. cattle futures slid Thursday as the global spread of the COVID-19 coronavirus raised worries about an economic slowdown that could hurt demand for beef. U.S. […] Read more
U.S. livestock: CME cattle, hogs rise with equities
Livestock futures await export sales data
Chicago | Reuters — U.S. livestock futures strengthened on Wednesday as gains in financial markets helped fuel a recovery from contract lows reached last week in the live cattle market. […] Read more
U.S. livestock: CME live cattle ease with equities
Chicago lean hogs rise
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened with equities on Tuesday, while hog futures advanced. Moves in the cattle market have nearly mirrored those in equities […] Read more
Klassen: Coronavirus fears weigh on feeder markets
Western Canadian feeder prices were not immune to the meltdown of financial and commodity markets last week. Buyers appeared to incorporate a risk discount due to uncertainty in beef demand […] Read more