Cattle producers encouraged to have a risk management plan in place

Jun 16, 2023

The Canadian cattle industry has seen some strong prices in the first half of 2023.

Brenna Grant, the Executive Director of Canfax, says the tight supplies in North America have been the underlying factor that's really driven the market to where we're at today.

The tighter supplies in the cattle sector have also resulted in higher prices at the grocery store.

During a recession, beef tends to do fairly well as long as prices with competing proteins stay within historical ranges, if the other proteins go lower it could have an impact.

"The big question mark going forward is really on the consumer demand side of the equation. Are we going to see the erosion of demand? Are we going to see consumer switching to other proteins?"

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Video: Five Confirmed New World Screwworm Cases Raise Alarm for Livestock and Pet Owners

Pat Hoffmann, Swine Technical Consultant at Elanco Animal Health tells us about the impact of New World Screwworm. The emergence of New World screwworm in the U.S. creates a threat for veterinarians, livestock producers and pet owners that has not been seen north of the Florida Keys since the fly was eradicated from the United States more than 50 years ago. New World screwworm (Cochliomyia hominivorax) larvae feed on living tissue and can affect a wide range of warm-blooded animals, including livestock, companion animals, wildlife, and even humans.
“New World screwworm could have a devastating impact on animal health, welfare, and producer livelihoods,” said Jeff Simmons, President and CEO, Elanco Animal Health. “We want to thank the FDA, EPA and USDA, for all their work to prepare for this threat. We’re committed to supporting our customers during this challenging time by delivering innovation, scientific expertise, and available resources to help treat New World screwworm and support the health and well-being of animals.”
Elanco is working alongside the U.S. animal health industry to help them fight against this parasite, offering a portfolio of options for pets and livestock that can help treat New World screwworm larvae infestations.