Latest News on Beef cattle for Ontario Farmers | Page 74 of 593

Food and beverage sales to fall in 2024; processor margins to improve

Stabilizing or declining input prices working their way through the supply chain, FCC says

By Geralyn Wichers April 12, 2024

Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.

File photo of cattle in a Kansas feedlot. (BeyondImages/E+/Getty Images)

Markets

U.S. livestock: Cattle futures turn higher, hog futures rebound

By P.J. Huffstutter, Reuters April 11, 2024

Chicago Mercantile Exchange (CME) cattle futures firmed on Thursday, bolstered by technical trading and anticipated consumer demand going into the grilling season, analysts said.

File photo of cattle being rounded up at a southern Alberta ranch. (Design Pics/Getty Images)

Livestock

Beef stakeholders invited to weigh in on code of practice

Canada’s Code of Practice for the Care and Handling of Beef Cattle to be updated

By Alexis Kienlen April 11, 2024

The Canadian Cattle Association has initiated an update to the Code of Practice for the Care and Handling of Beef Cattle.

Dairy farmer Brent Pollard walks past and examines the cow pen at a cattle farm in Rockford, Illinois, U.S., April 9, 2024. REUTERS/Jim Vondruska

Livestock

Bird flu pushes US dairy farmers to ban visitors, chop trees

North Carolina joins total states reporting outbreaks of avian influenza dairy herds

By Reuters, Tom Polansek April 11, 2024

Dairy farmers in the United States are raising their defenses to try to contain the spread of bird flu: banning visitors, cutting down trees to discourage wild birds from landing, and disinfecting vehicles coming onto their land.

Livestock

Seventeen U.S. states restrict cattle imports from avian flu-infected areas

By Jeff Melchior April 10, 2024

Several U.S. states have restricted cattle imports from states that have seen infections of avian influenza Type A H5N1 in dairy herds.

Livestock, Markets

Flu outbreak sees buyers balk at beef futures

Cash prices fairly level; beef producers should look into risk management tools, analysts say

By Jeff Melchior April 10, 2024

Markets have seen cattle futures (mainly live and fed) decline in recent weeks as the highly pathogenic avian influenza (HPAI) strain made its way into dairy herds in six states to date. The good news, said a cattle auction leader and market expert, is that cash prices have remained more-or-less steady amid the chaos.

File photo of the facade of the U.S. Department of Agriculture building in Washington, D.C. (Camrocker/iStock/Getty Images)

Markets

USDA to halt July cattle report and some crop data, citing budget levels

Cancelation a 'major blow' to livestock sector, ag economist says

By Julie Ingwersen, Reuters April 9, 2024

The U.S. Department of Agriculture is canceling its July cattle inventory report as well as county-level estimates for crops and livestock, the government said in a statement on Tuesday, citing budget constraints.

File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)

Markets

U.S. livestock: CME livestock futures turn higher amid rising wholesale prices

By P.J. Huffstutter, Reuters April 9, 2024

Chicago Mercantile Exchange (CME) cattle futures turned higher on Tuesday, as continued strength in wholesale prices eased concerns about consumer demand - even as investors grew nervous about ongoing inflationary concerns and rising consumer prices, traders said.

FILE PHOTO: Test tubes labelled “Bird Flu” and eggs are seen in this picture illustration, January 14, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Livestock

U.S. cattle vets rename bovine bird-flu

CDC asks state health authorities to have plans in place to test, treat farm workers; says risk to humans still low

By Geralyn Wichers April 9, 2024

An organization representing American cattle veterinarians has opted to refer to bird flu in cattle as bovine influenza A virus, or BIAV, in hopes of distancing it from its avian counterpart.

Livestock, Markets

Klassen: Buyers step back on feeder cattle due to bird flu

By Jerry Klassen April 9, 2024

Compared to last week, Western Canadian feeder cattle markets traded $4-$8/cwt lower while some packages of heavier replacements dropped as much as $12/cwt, and three main factors led to weaker prices.

Cyber-Savvy Farmer