Farms.com Home  › News

2023 Cattle and hog outlook update: feed costs and demand strength lead profit uncertainty

This is the second quarterly update to our 2023 Outlook for cattle and hogs published in February. Over the last two weeks, we updated our Outlooks for dairy and major crops.

Prices for fed steers in Ontario and Alberta have continued to gain since our May outlook update. Our forecasts for each price category are also higher year-over-year (YoY) and significantly higher than their respective five-year averages. Prices for live hogs have similarly improved since May except for Manitoba feeder hogs and isoweans, bringing some relief to eastern producers. However, they’ve not yet returned to the levels we had initially forecasted in February.

Click here to see more...

Trending Video

Manure to Millions: 50 Yards of Concrete in One Day

Video: Manure to Millions: 50 Yards of Concrete in One Day

50 yards of concrete went down at the Manure Seperation building today. Forms set, rebar tied, gravel packed, and the trucks running one after another until the pad is poured and the crew is finishing it flat.

And because nothing on a pig farm waits for you to finish one job, the semi shows up while the concrete's still wet. Tork and I unload another load of pigs into the barn, get them sorted into pens, and walk the barn once they're settled. Two big jobs, one day, and both of them had to happen.