Latest News on Beef cattle for Ontario Farmers | Page 82 of 593

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Prairie forecast: Mild start, then a chance of storms

Issued Feb. 21, covering Feb. 21 to 28, 2024

By Daniel Bezte February 21, 2024

Sunshine prevailed a fair bit more over the last forecast period than expected and so did the milder temperatures. Oh, sure there were a couple of cold nights, especially over the eastern half of the prairies, but overall, temperatures ended up being about 2 to 4 C warmer than what was forecasted.

Livestock, Markets

Klassen: Feeder market shows signs of herd expansion

Some buyers suggest some heifers are being purchased for breeding

By Jerry Klassen February 20, 2024

For the week ending February 17, Western Canadian prices for yearlings and backgrounded cattle were quoted $2-$4/cwt higher than seven days earlier.

New farm income record set in 2023, estimates suggest

Despite challenges like drought and war, Canadian farms proved resilient

By Gord Gilmour February 16, 2024

Canadian farm income may have set a new record in 2023. That's according to the official 2023 and 2024 estimates released February 16 by Agriculture and Agri-Food Canada.

Markets

Feed grain weekly: Buyers waiting longer to purchase more grain

U.S. corn shipments continue to put pressure on feed prices

By Adam Peleshaty - Marketsfarm February 15, 2024

Buying activity for feed barley and feed wheat in Western Canada is moving slowly and prices continue to decline, according to Susanne Leclerc, owner of Market Master Ltd. in Edmonton.

Photo: JJ Gouin/iStock/Getty Images Plus

Farm employee, employer’s perceptions differ on worker retention

Ag domestic labour gap will increase 15 per cent by 2030 as older workers retire: CAHRC

By Geralyn Wichers February 15, 2024

Manual labour and long hours may be less of a deterrent to farm workers than farmers think, a new report suggests.

Markets

U.S. livestock: Livestock futures turn lower on pressure from equity markets

Strong U.S. dollar adds pressure to cattle, hog futures

By P.J. Huffstutter, Reuters February 13, 2024

Chicago Mercantile Exchange livestock futures turned lower on Tuesday, on pressure from the equity markets after government data showed U.S. inflation slowed less than expected in January.

Number of US farms falls and size increases, census shows

Number of acres in production falls by 20 million

By Leah Douglas, Reuters February 13, 2024

Farms in the U.S. continued to get larger and the number of farms fell between 2017 and 2022, new data released by the U.S. Department of Agriculture showed on Tuesday.

Livestock, Markets

Klassen: Feeder market continues to climb

Canadian values appear to be one week behind the U.S. market

By Jerry Klassen February 13, 2024

For the week ending February 10, Western Canadian the market for yearlings over 800 pounds was $3/cwt to $6/cwt compared to a week earlier. Feeder cattle suited for grass and calves were up $8/cwt to as much as $25/cwt in some cases compared to the week prior. Quality steers averaging 600 pounds were readily trading in the range of $410-$425 up from the range of $380-$395 last week.

Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)

Markets

U.S. livestock: Feeders firm, live cattle futures ease

Lean hogs also finish lower amid demand questions

By P.J. Huffstutter, Reuters February 12, 2024

Chicago Mercantile Exchange feeder cattle futures posted solid gains on Monday, on weakness in the corn market and amid market signals that feed lots may be interested in holding their herds back from slaughter, traders said.

Early application window open for 2024 cash advances

The Advance Payments Program is a federal loan program administered by CCGA

By Geralyn Wichers February 12, 2024

Western-Canadian farmers can apply for a 2024 spring cash advance through the Canadian Canola Growers Association starting today.

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