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Beef cattle

U.S. finalizes higher standard for ‘Product of USA’ meat label
Canadian meat sector concerned labeling could have chilling effect on exports to U.S.
Washington | Reuters — The administration of U.S. President Joe Biden finalized a rule March 11 requiring meat, poultry, or eggs labeled as a U.S. product to come from animals born, […] Read more

Klassen: Yearling price trend stalls while calves ratchet higher
Larger players aggressively securing lightweight calves on expectations of low yearling supplies
Western Canadian feedlots are carrying sufficient numbers for the time being and feeding margins remain deep in red ink on unhedged cattle. Secondly, carcass weights are sharply above year-ago levels and Alberta finishing lots are backed up with market-ready supplies.

Farmland value growth slowed in 2023, FCC says
Saskatchewan, Quebec and Manitoba saw strongest growth in 2023, report shows
Farmland is still getting more expensive, but not quite as quickly as in recent years, according to the latest farmland value report from Canada’s biggest agricultural lender.

U.S. livestock: CME livestock futures mostly lower on technical trading
Chicago Mercantile Exchange livestock futures closed mostly lower on Monday, as market participants sought profits and continued to adjust their positions as part of the so-called Goldman roll, traders said.

U.S. finalizes higher standard for ‘Product of USA’ meat label
Canadian meat sector concerned labeling could have chilling effect on exports to U.S.
The administration of U.S. President Joe Biden on Monday finalized a rule requiring meat, poultry, or eggs labeled as a U.S. product to come from animals born, raised, slaughtered, and processed in the country.

Alberta renewable ban could hurt $11 bln in investments, says study
Farmland-protecting approach puts province at loggerheads with federal Liberals' green energy plans
Canadian province Alberta's ban on some renewable projects could hurt $11.1 billion in investments and stall up to 6.3 gigawatts (GW) of solar and wind power capacity, a study said on Monday.

Feds announce $1.7 million for foreign animal disease prevention
Cash boosts Animal Health Canada's efforts to prevent and prepare for ASF, FMD
The federal government has pledged up to $1.7 million toward foreign animal disease prevention, the federal agriculture minister announced today.

Feed grain weekly outlook: Growers looking at the skies, prices
Barley prices should decline in later spring as growers sell, analyst says
Despite recent weather bringing much-needed moisture into southern Alberta, dryness remains a concern in the region weeks before the start of seeding.

U.S. livestock: CME lean hog futures touch three-week low
CME live cattle futures also declined in range-bound trade
Chicago Mercantile Exchange lean hog futures fell on Wednesday for a third straight session in largely technical trade, analysts said, with the benchmark April contract LHJ24 dipping to a three-week low.

CFIA hears concerns about new traceability reporting times
Proposed regulations will bring goats, farmed deer and elk under traceability
Results from an online consultation on livestock traceability show there’s widespread support for tracking farm animals, but there are concerns with tighter timelines for reporting and tag retention. The Canadian […] Read more