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April 11, 2024
Current Markets & Forecasts
Moderate sales, improved margins for food and beverage manufacturers in 2024
Canada’s food and beverage manufacturers face a mix of obstacles and optimism for profit margin improvements in the year ahead, according to the latest FCC Food and Beverage Report. After hitting a record $165 billion in food and beverage manufacturing sales last year, 2024 is expected to see sales moderate in sync with slowing inflation and…
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April 10, 2024
News
Top up on the way through 2023 Canada-Saskatchewan Feed Program
Minister of Agriculture and Agri-Food Canada, Lawrence MacAulay, and Saskatchewan Agriculture Minister David Marit have announced that additional payments will be provided to eligible livestock producers already enrolled in the 2023 Canada-Saskatchewan Feed Program. The program, introduced in October of 2023, was put in place to help maintain the breeding herd in drought-impacted regions of…
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April 10, 2024
Checking in with ABP
ABP moves to smaller, more affordable office
In an ongoing effort to maximize investment in programs that directly benefit producers, Alberta Beef Producers (ABP) is moving to a smaller, more affordable office space. “Our year ending March 31, 2022 showed that just under 25 per cent of our actual expenses went to administration,” says Brad Dubeau, General Manager of ABP. “We’ve made…
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April 10, 2024
Health & Production
Ear tag retention comes down to best management practices
Lost ear tags are a costly and frustrating reality on Canadian cattle ranches. Yet, tags play an integral role in in disease outbreak investigations, as well as in maintaining the credibility of Canada’s traceability system. The Canadian Cattle Identification Agency (CCIA) both examines and investigates reports of retention issues on an ongoing basis. Most of…
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April 9, 2024
News
CCA welcomes board representatives for 2024-25
The Canadian Cattle Association (CCA) completed its 2024 Annual General Meeting on March 21, 2024 in Ottawa with a number of events, meetings and election of a new Board of Directors. The CCA Board heard from Agriculture and Agri-Food Canada (AAFC) representatives and were pleased to see that CCA’s partnership lobbying efforts had resulted in…
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April 9, 2024
Health & Production
American association calls for HPAI name change
The American Association of Bovine Practitioners (AABP) has decided to refer to the highly pathogenic avian influenza (HPAI) as Bovine Influenza A Virus (BIAV). Although caused by the same virus as HPAI, the disease presents differently in cattle compared to poultry, which is why the AABP has requested the name change. In the letter, the…
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April 9, 2024
Current Markets & Forecasts
2024 Alltech Agri-Food Outlook shares global feed production survey data
Global animal feed production remained steady in 2023 at 1.29 billion metric tons (BMT), a slight decrease of 2.6 million metric tons (MMT) — or 0.2 per cent — from 2022’s estimates, according to the 2024 Agri-Food Outlook, released by Alltech. The annual survey, now in its 13th year, includes data from 142 countries and more…
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April 8, 2024
News
AGCO acquires Trimble and Precision Planting, under new name PTx
AGCO has announced the launch of PTx, a new brand representing its precision ag portfolio. PTx combines precision ag technologies from AGCO’s tech stack: Precision Planting and its newest joint venture, PTx Trimble. According to AGCO, the alignment of these brands will support the future development and distribution of next-generation ag technologies for farmers and…
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April 8, 2024
Innovation & Technology
Alberta government invests in University of Calgary’s Simpson Centre
The Government of Alberta is providing a $1.2-million grant over three years to the University of Calgary’s Simpson Centre for the Alberta Digitalization Agriculture Program. The Simpson Centre will conduct research to develop a better understanding of the challenges and opportunities associated with the digitalization of agriculture as part of the program. This research will…
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April 8, 2024
Current Markets & Forecasts
Canfax Weekly Article | Report for the week of April 8, 2024
In Alberta last week, fed steer and heifer prices closed at $242-244/cwt live, up $5-6 from the previous week. Dressed sales were reported from $400-415/cwt delivered. This brought fed prices back to the historical high observed in June 2023. There was good packer interest and cattle traded are expected to be delivered within one-to-two weeks,…
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April 2, 2024
News
National Veterinary Association calls on federal government to address severe workforce shortage
The Canadian Veterinary Medical Association (CVMA) is calling on the federal government to address workplace shortages and support a robust veterinary workforce. The CVMA represents over 25,00 veterinarians and registered technicians and technologists who provide vital care and services for millions of clients including small and large animals across Canada. The Employment and Social Development…
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April 1, 2024
Inspiration
4-H Alberta announces 2024 Hall of Fame inductees
4-H Alberta has announced the induction of Rhonda Clark-Gauthier and Christine Patten into the 4-H Alberta Hall of Fame for 2023. This prestigious recognition honours individuals for their exceptional contributions and leadership within the 4-H program in Alberta. The 4-H Alberta Hall of Fame is an esteemed acknowledgment celebrating Albertans who have demonstrated exceptional contributions…
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Cattle Report
Updated: 23/04/2024
Steers
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Heifers
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Choice Steers
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Choice Heifers
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Boner Cows
Over 500 lbs: 252.29
Canadian Dollar
$73.24 0.15
Livestock Price Insurance Index
| Expiry | Fed | Feeder | Calf |
|---|---|---|---|
| 8-Jul-24 | 226 | -- | -- |
| 5-Aug-24 | 222 | 318 | -- |
| 2-Sep-24 | 220 | 324 | -- |
| 30-Sep-24 | 220 | 324 | 366 |
| 28-Oct-24 | 218 | 324 | 366 |
| 25-Nov-24 | 216 | 320 | 364 |
| 23-Dec-24 | 222 | 312 | 360 |
Last Updated on April 11, 2024
