No matter where you turn, there's been a lot of talk about global recession; not just in the United States and Canada, but also in other G7 countries are facing some really hard economic times ahead. As interest rates have gone up, you'd expect protein demand to drop. This is not the case, as the... Read More
Category: Livestock
If you ask Beef Market Update host Shaun Haney what he is seeing and hearing this week at the National Cattlemen's Beef Association conference (NCBA), he will say that despite profitability concerns across the cattle industry, there's an encouraging amount of optimism. Also Anne Wasko, of the Gateway Livestock Exchange, is not at #CattleCon23 this... Read More
We've got some supply issues in the cow/calf sector, and we need to rebuild the U.S. cow herd. This is the message that Kevin Good, vice president of CattleFax, is sharing this week at the National Cattlemen's Beef Association Conference (NCBA) at New Orleans, Louisiana. After four years of massive liquidation across parts of North... Read More
Even though mandatory country of origin labeling (mCOOL) by the U.S. has been deemed non-compliant with America's trade obligations at the World Trade Organization, there is a faction that still wants to see the rule brought back. Similar to the Canadian system, when a congressional session ends, bills that have not yet passed "die." Now,... Read More
Sustainability is about three things: economics, social responsibility, and environmental stewardship. But how do you make that system better, rather than pitting ourselves against each other? That's the message Dr. Sara Place, of Colorado State University (CSU), covered at the National Cattlemen’s Beef Association conference being held this week at New Orleans, Louisiana. When looking... Read More
The United States Department of Agriculture (USDA) released its biannual cattle inventory report, and it fell largely in line with expectations. With drought being a significant driver in parts of the U.S., the herd liquidation that has occurred over the past couple of years is continuing, confirming a tight supply picture going forward. According to... Read More
The United States is formally requesting a second dispute settlement panel over Canada's dairy tariff-rate quota (TRQ) policies under the Canada-U.S.-Mexico trade agreement (also known as CUSMA or USMCA). "Although the United States won a previous USMCA dispute on Canada’s dairy TRQ allocation policies, the Canadian government’s revised measures have not fixed the problem," said... Read More
Over last few weeks I've had the opportunity to bounce around from conference to conference, learning on topics ranging from no-till, to canola production, to irrigation. On a glance these three topics may not have a ton in common, but as January wraps up (already!?) it's got me thinking about some of the common themes.... Read More
For months since the North American Lamb Company (NALCO) announced it had gone into receivership, it's been unclear as to who would take over the Alberta assets of the company, including a large feedlot and processing facility at Picture Butte. Finally public, the majority of the Alberta assets of NALCO have been acquired by Préval... Read More
Weather is the biggest variable farmers face, and as many have seen throughout their career, too much or too little of something can seriously wreak some havoc. Andrew Pritchard, senior meteorologist with Nutrien, spoke earlier this week at the Northern Pulse Growers Association AGM, at Minot, North Dakota, to discuss the weather outlook for 2023.... Read More