Beef Market Advisor

Tuesday, November 25, 2003

Canadian Cattle On Feed Data from LMIC Livestock Monitor, 25 Nov 2003

Canadian feedlots continued to report cattle on-feed inventories well below a year ago.? As of November 1, the number of cattle on-feed in Alberta and Saskatchewan was about 623 thousand head, 29 percent below last year and around 46 percent less than 2001.

? Canadian feedlots placed slightly more cattle in October compared to September, but still placements and marketings remained well below a year ago.? During October, Canadian placements on a monthly basis were up 2 percent from September, but were down 20 percent from last year and 33 percent from 2001.? As in September, placements of cattle in the heavyweight category (800 pounds and heavier) surged in October.? Heavyweight placements were about 42 percent larger than in 2002's, supporting earlier observations that Canadian producers have been holding feeder cattle outside feedlots as long as possible.

posted by Dr. Harlan Hughes 9:03 PM [edit]

Comment Period On Opening U.S. Border To Canadian Cattle

The comment period for the proposed rule for exporting live cattle under 30 months, bone-in beef, carcasses and other products to the U.S. continues until January 5. When assessment of the comments is complete the date when live cattle will again be eligible for export to the U.S. will be determined.

posted by Dr. Harlan Hughes 3:48 PM [edit]

Consolidated Appropriations bill for FY04

A few minutes ago, the Consolidated Appropriations Bill for FY 2004 was filed in the House. This bill contains funding for the Agriculture Appropriations bill. Also contained in the bill is a provision that delays the implementation of mandatory country of origin labeling for all products except for farm-raised fish and wild fish until September 30, 2006. The House is expected to return to Washington on December 8th to vote on the consolidated measure and the Senate vote is not yet scheduled. Attached below is the summary of the bill from the House Appropriations Committee website. []

posted by Dr. Harlan Hughes 3:20 PM [edit]

This page is powered by Blogger, the easy way to update your web site.