Insights and Stories on Beef Cattle

Jan. 20, 2014 at 3:35 pm CST

Canada and South Korea are having “tremendous discussions” toward a free-trade agreement, said Canada’s Agriculture Minister Gerry Ritz — a deal that could increase trade in meat and autos. Talks began in 2005, but were later hung up over disputes such as a delay in South Korea scrapping its ban […]

By Rod Nickel

Jan. 20, 2014 at 8:02 am CST

Western Canadian feeder cattle prices were $5 to $8 per hundredweight (cwt) higher on average, compared to seven days earlier, and are a solid $15/cwt higher relative to average values in December. Most auction barns are now back to regular sales after the holiday season and larger volumes allowed buyers […]

By Jerry Klassen

Jan. 17, 2014 at 6:57 pm CST

Taiwan’s economic affairs ministry has announced plans to allow imports of bone-in beef products from Canadian cattle under 30 months old (UTMs), starting as early as next month, Taiwanese media report. Canadian beef exporters have only been able to ship boneless UTM beef to Taiwan since 2007. Taiwan and many […]

Jan. 17, 2014 at 6:22 pm CST

Russia is temporarily banning the import of beef byproducts from Australia, citing the detection in shipments of a growth stimulant it prohibits and throwing into doubt exports that brought in around A$10 million (US$8.81 million) last year for Australia. The ban will be imposed from Jan. 27 and was prompted […]

By Colin Packham, Polina Devitt

Jan. 13, 2014 at 3:49 am CST

Fed cattle in Alberta jumped $4 per hundredweight last week, reaching $134/cwt, which is near record highs. The weaker Canadian dollar, along with historically strong wholesale beef prices, set a positive tone for the overall live cattle complex. It appears most pen closeouts are showing profits over $100/head, which something […]

By Jerry Klassen