Despite high cattle prices, there are few signs that producers are preparing to increase the size of their herds
Glacier FarmMedia – High calf prices have been a good news story for cow-calf producers, but they’ve done little to help Canada recover its diminished beef herd. “According to Statistics Canada, we’ve seen a decrease in total cattle inventories in Alberta from 5.225 million on July 1, 2023 to 5.145 million on the same date […] Read moreTag Archives Rick Wright
Cattle shortage squeezes auctions
Two Sask. livestock auctions closed in August as facilities struggle to bring in cattle from a smaller herd
REGINA — Two Saskatchewan livestock auctions have closed this summer, and more could follow as a result of the declining cow herd. The Livestock Marketers Association of Canada (LMAC) said the major decrease in cow numbers, exacerbated by drought, has changed market conditions considerably. Fewer cattle to sell at live auction plus a lack of […] Read more
Traceability updates create concerns
Livestock Markets Association asks CFIA for producer education on changes to Health of Animals Regulations
Glacier FarmMedia – Livestock producers want more details and training on proposed changes to Canada’s national livestock traceability rules so they can ensure they meet requirements. Changes to the Health of Animals Regulations (Identification and Traceability) can have far-reaching effects on livestock business operations. Rick Wright, chair of the Livestock Markets Association of Canada, told […] Read more
Flu outbreak sees buyers balk at beef futures
Glacier FarmMedia – It’s been a wild ride in beef cattle markets as investors struggled to make sense of the growing outbreak of bird flu in U.S. dairy cattle. Markets have seen cattle futures (mainly live and fed) decline in recent weeks as the highly pathogenic avian influenza (HPAI) strain made its way into dairy […] Read more
Price peaks require smart livestock marketing
Rick Wright of Cattle Consulting doesn’t see any signs that the cattle price gravy train will be slowing any time soon. “There’s more than just optimism out there. The fundamentals support a pretty good market moving forward,” he said. “Will it be better than 2023? Maybe not, but I think it will be every bit […] Read more
