The Risk Management Program (RMP) is getting a $100 million boost over three years from the Ontario government. “Our government promised farmers we would continue to expand and enhance RMP, and with this historic investment, we have delivered,” said Rob Flack, minister of Agriculture Food and Agribusiness at VanQuaethem Farms Ltd. in Eden, Ont., January […] Read more
Beef cattle
Ontario pledges $100 million increase to Risk Management Program
Farm groups have been calling for the increase as they considered the program underfunded
U.S. livestock: Cattle futures mixed Monday
Live cattle futures on the Chicago Mercantile Exchange hit fresh contract highs on Monday, while feeder cattle ran into resistance and backed away from their own highs to settle with small losses.
U.S. livestock: Cattle futures continue to surge as U.S. cattle on feed inventory declines
Chicago Mercantile Exchange cattle and hog futures rose across the board on Friday with cattle continuing a run of record-setting prices.
Competitive retail prices bode well for chicken demand in 2025 says FCC
Demand projected to grow despite slowing or even shrinking Canadian population
If chicken’s retail price advantage over beef and pork persists, per capita consumption could rise in 2025 despite slowing population growth says a recent sector outlook from Farm Credit Canada.
Ontario beef exports and prices rose in 2024
Global markets for Ontario beef are expanding but tariff threats create some uncertainty
The Ontario beef industry ended 2024 on an optimistic note, with record prices, lower feed costs and increased sector interest from young producers. Why it matters: Ontario’s beef industry saw increased sales and a three per cent increase in heifer retention, but it still faces hurdles to accessing international markets due to SRM restrictions and political uncertainty. “The […] Read more
U.S. livestock: Cattle continue upward march
Cattle at the Chicago Mercantile Exchange continued their upward march on Thursday after Wednesday’s jump, while lean hogs were mixed.
Analysts believe American tariffs are inevitable
Cattle producers less vulnerable for now than feeders, hog producers analysts say
Canada’s livestock sectors have been anxious about the prospect of tariffs since Donald Trump won the American election in November. Dennis Laycraft, executive vice-president at the Canadian Cattle Association, said without knowing exactly what is coming, the organization could analyze the threatened tariffs only so much.
U.S. livestock: Cattle futures surge as funds take huge net long position
Chicago Mercantile Exchange live and feeder cattle futures climbed to life of contract highs on Wednesday, as funds took a massive net long position, analysts said.
Brazil’s beef companies breathing easy over prospect of new Trump tariffs
Brazilian beef companies do not expect to be hurt by potential new tariffs from U.S. President Donald Trump's administration because of low inventories of cattle in the U.S. and a sizable tariff that already exists on these exports.
U.S. livestock: Cattle futures mixed, lean hogs dip
Chicago Mercantile Exchange cattle futures were mixed as trade resumed following the U.S. long weekend. Most active April live cattle futures closed with small losses, reaching 197.325 cents per pound, down 0.175 cents. February live cattle gained 0.300 cents to close at 197.050 cents per pound.
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