More than two months after the federal government announced $50 million in emergency funding for provinces that want to offer cattle set-aside programs, the Manitoba government has still not released any information on what the program will look like for beef producers in the province. The cattle set-aside initiatives aim to help cover the costs... Read More
Category: Cattle
This week's Beef Market Update might be the most positive report we've posted in three very long months. In this week's episode, Anne Wasko of the Gateway Livestock Exchange joins Shaun Haney to catch up on the early summer numbers ahead of a holiday weekend. To start off in the green, Canadian slaughter data for... Read More
July 1st saw the implementation of the United States-Mexico-Canada Agreement, and at the end of all the negotiations, Canada's dairy industry has ended up as one of the largest losers of the deal. "The USMCA has some serious repercussion for our dairy industry here in Canada where they have added an additional 3.9 per cent... Read More
Looking back even just six weeks ago, few would have thought it would be possible to be back at the cattle processing levels that we currently are in Canada and the U.S. Anne Wasko, of the Gateway Livestock Exchange, says that many changes have occurred over the past few weeks during the face of COVID-19.... Read More
We hear from Anne Wasko of the Gateway Livestock Exchange every other Friday in our Beef Market Update, but today we're going in depth in this Thursday edition of RealAg LIVE! Anne joins host Shaun Haney to talk prices, markets, volatility, and so much more. (Summary available below the video) The boxed beef price has... Read More
Live cattle futures have been slowly chipping way at the drastic declines experienced earlier this year due to COVID-19. In the last 30 days, the June cattle future has climbed $15.45 to just under $100. At its lowest point, in early April, the June future was $76.60. With U.S. cash trading between $115 and $120... Read More
Canada and the U.S. have experienced very similar paths of food system disruption due to COVID-19. Both countries have seen the fall in restaurant demand and packers going offline, followed by milk dumping, animals being euthanized, and consumers hyperventilating over shortages of toilet paper and ground beef. Although they've experienced the same impacts and stress... Read More
Alberta's agriculture minister is sharing new information regarding the cattle set-aside program that's being rolled out to address the backlog of cattle as processing capacity has been limited by COVID-19. A couple of weeks ago, the Alberta government announced they would be providing provincial funding in addition to the federal AgriRecovery funds for the set-aside... Read More
There is no shortage of issues to discuss in the ag commodity complex, and our latest edition of RealAg LIVE! is here to cover the latest in market news, and answer everything you're wondering regarding the futures. On this Thursday edition of RealAg LIVE!, host Shaun Haney is joined by Zaner Ag Hedge's Chief Ag... Read More
The Canadian Food Inspection Agency (CFIA) has created a temporary ministerial exemption process that opens the door to inter-provincial movement of meat and poultry products from establishments that are not federally-licensed. Normally, meat from provincially-inspected facilities is not allowed to be sold beyond a province's boundary, but the federal agency is offering an exemption if... Read More