The drop in the livestock markets in the past couple of months is concerning because the factors that created it show little sign of abating. “I think if we saw an end in sight, we’d ride through it,” said Joe Hill, president of the Beef Farmers of Ontario. “Unfortunately this is more than just (the […] Read more
Tag Archives cattle
Livestock price drop being felt by farmers
An August drop in prices in pork and beef mean losses across the province
Beef Farmers of Ontario designs profitability calculator
Calculator will estimate cow-calf producer finances based on herd and production practices
Beef Farmers of Ontario (BFO) has recently launched a cost of production calculator to help Ontario beef farmers determine how much they spend to produce their cattle. Production practices on Ontario beef farms vary significantly, and that means nailing down cost of production has been difficult. Creating useful numbers has been challenging and historically have […] Read more
Canadian cattle herd numbers keep dropping
It’s at its lowest point since 1988, dropping 26.3 per cent from a peak recorded in 2005
The Canadian cattle herd continues to shrink and is at the lowest July 1 number since 1988, Statistics Canada reported in its summer inventory report. Breeding stock numbers are also down and many in the industry say it is unlikely to improve, at least in Western Canada, because drought and resulting feed shortages will force […] Read more
Trucker shortage troublesome for Prairie cattle industry
CNS Canada — As large volumes of cattle make their way to western Canadian auction marts this fall, buyers are having problems finding truckers to haul them. Those problems may get worse in the future, as federal regulations for cattle hauling could possibly change. “I would say it’s worse this year than other years so […] Read more
Livestock transport regulations could drive change
Studies show national standards are mostly being met for cattle rest, but experts say humans involved need consideration too
Everyone involved in the process has responsibility for maintaining animal welfare when shipping beef cattle, especially animals trucked long distances. If anything goes wrong, then it needs to be communicated back down the shipping chain. Those were the key messages from Kincardine-area feedlot operator Steve Eby during a session on moving cattle long distances during […] Read more
Feed weekly outlook: Shortages expected for Prairie barley
CNS Canada — Sales have slowed for feed grain buyers in Western Canada, as concerns continue to mount about feed shortages. “The confidence from the farmer is not (there anymore). He just wants to see some crop come into his bin. So we’ve definitely slowed in our buying,” said Brandon Motz, sales manager at CorNine […] Read more
U.S. livestock: Early-week cash prices buoy CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Wednesday, lifted by initial prices for market-ready, or cash, cattle and short-covering after recent market losses, traders said. Thinly traded June futures, which will expire on Friday, led advances. Some investors bought that contract and simultaneously sold deferred months in a trading strategy […] Read more
U.S. livestock: CME hogs bounce back on bargain buying
Chicago | Reuters — Chicago Mercantile Exchange hog futures finished higher on Tuesday after short-covering and bargain buying reversed recent market losses amid trade fears, analysts said. Hog farmers in the U.S. may face another wave of higher tariffs by China, which placed stiff retaliatory duties on U.S. pork imports in early April. CME hogs […] Read more
Additive could be a methane game changer
A feed additive that can halve emissions while boosting feed efficiency is now undergoing a large-scale study
There’s pressure on the beef industry to be more sustainable, and some of that pressure falls on scientists like Karen Beauchemin. The Agriculture and Agri-Food Canada ruminant nutritionist and her team at the Lethbridge, Alta. research station are looking for ways to reduce enteric methane — gas produced when digesting feed — from beef cattle. […] Read more
Feed weekly outlook: Optimism takes pressure off Prairie grains
CNS Canada — Following recent rains across Western Canada, producers have opened their bins and are selling grain again for feed, taking some pressure off of the market. “It’s some relief from the rain that’s happened across the Prairies in the last two weeks. It’s allowing producers to comfortably sell the rest of their old-crop […] Read more
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