For the beginning of October, both the cash-to-cash and cash-to-futures basis are the weakest since 2005. Weaker basis levels aside, the fed market did set a new record price high for the month of October. It is very uncommon to see annual highs in October as this has only happened three time over the past…
Alberta Beef Producers’ (ABP’s) 2022 Annual Report is now available for download. In the report, you’ll find messages from Chair Melanie Wowk and General Manager Brad Dubeau, as well as provincial and national updates, and financials from the last fiscal year. Print copies of the 2022 Annual Report will be available at upcoming events, and by…
Enhancements to Agriculture Financial Services’ Moisture Deficiency Insurance (MDI) have resulted in a delay for long season claim payments. Jesse Cole, manager of Insurance Products and Product Innovation, explained that producers with late season split and full season coverage typically receive their claim payments by the beginning of October. With the delay, producers should expect…
The Canfax fed steer and heifer price closed around $179.50/cwt, $1.75/cwt lower than the previous week. Last week, dressed sales were reported from $298.50-303.50/cwt FOB the lot. All three western Canadian packer bought cattle last week. Most of the cattle that traded were being scheduled for the first half of November delivery. The Alberta fed…
Drought’s always just around the corner, says Dr. Bart Lardner, and the best time to plan for it is in the fall. Lardner is a professor at the University of Saskatchewan. He spoke at the Canadian Beef Industry Conference in Penticton, British Columbia, in August. “We should have just experience that grazing program in 2022…
Mike Hittinger is a cattle producer and Board Chair for Gateway Research Organization (GRO). He and his wife Melissa have run a cow/calf operation east of Clyde, Alberta for 18 years. Mike applied to the On-Farm Climate Action Fund (OFCAF) to help enhance his farm’s grazing system. He plans to make their pastures more resilient…
Every year, we send the call out for delegate nominations, asking Alberta beef producers to apply to represent producers in their zone, and communicate with those producers and their fellow delegates. Becoming a delegate is a great way to provide leadership to the beef industry, expand personal and professional networks, and stay informed on topics…
The Government of Canada has released its report Faster and Farther: Canada’s Methane Strategy. The strategy outlines how Canada will implement measures across sectors of the economy, including agriculture, to reduce the largest sources of methane emissions. The target is to reduce domestic methane emissions by more than 35 percent by 2030. Agriculture and Livestock…
Alberta direct fed cattle sales clambered higher again last week to establish a new annual high. Steer prices were the strongest seen since May 2017. The bulk of sales were reported dressed from $300-305/cwt delivered. Light live trade was fully comparable with rail sales. Feedlots were motivated sellers, marketing heavier cattle in anticipation of future…
The ABP-led Alberta AgriSystems Living Lab (AALL) is hosting four information sessions this October, for those interested in learning more about the initiative. AALL: Where research meets reality. AALL is a research initiative that brings traditional science and boots-on-the-ground experience together. Through a process called co-development, researchers and other industry stakeholders identify various beneficial management…
This article written by Dr. Reynold Bergen, BCRC Science Director, originally appeared in the September 2022 issue of Canadian Cattlemen magazine and is reprinted on the BCRC Blog with permission of the publisher. In 2017, the Canadian Food Inspection Agency released draft transport regulations requiring that all cattle receive a minimum eight-hour feed, water and rest break…
Traditionally this is the time of the year the fed market is putting in its summer low, instead the Western Canadian fed market continues to grind higher setting new annual price highs. Weekly dressed sales were reported from $302-304/cwt delivered, cattle that traded last week were being scheduled for the week of October 17th delivery….