The president of the Canadian Cattlemen's Association says producers are optimistic heading into 2013 and, one sign of that optimism, is increased investment from younger producers.
"I see some young guys going out and buying cows and heifers and I think there's an opportunity to get into this industry right now, and have a number of very beneficial years economically ahead of us," says Martin Unrau.
"For a number of years everybody was trying to get out of the industry because it was kind of a negative thing and now, the last two or three years, we see a little bit more interest and, this fall, I see more interest than ever," he added.
"I watched some of the bred cow sales and some of the prices on them. In Alberta and Saskatchewan, the prices are high. In Manitoba, not quite as high but the calf prices are still good."
Unrau added that weather conditions in the United States will have a major impact on profitability as the 2012 drought drove feed prices higher.
He notes that the CCA is also anticipating an end to its fight over U.S. Country of Origin Labelling laws. The World Trade Organization has ruled in Canada's favour, and has given the Americans until May 2013 to bring the legislation, which was found to discriminate against Canadian livestock, into compliance.
Canada's agriculture and trade ministers are in Bali, Indonesia this week for a last-ditch effort to reach a multilateral deal through the
Despite a wet spring and late start to the season, Saskatchewan farmers have harvested a historic crop this year, making it the largest ev
Canada's organic market tripled in size between 2006 and 2012, according to a study published by the Canada Organic Trade Association (COT
Grain Growers of Canada is receiving $100 thousand from the federal government to promote Canadian wheat internationally. The funding was
Irrigators from around the province will be gathering in Moose Jaw this week. The 18th Annual Irrigation Conference runs December 3rd and 4
There are signs of progress in the Canadian livestock industry's fight against mandatory country of origin labeling in Washington. The la
The Canadian Wheat Board Alliance is blaming the backlog in the grain handling system on the absence of a single agency coordinating grain
Oat values on the futures market in Chicago have rallied over the last week as the backlog in the grain handling system is creating supply
The Canadian Wheat Board - now known simply as CWB - has entered the grain handling business for the first time. The company announced on
The cattle industry is increasingly using beef genomics to improve efficiencies in production. "Basically, it's taking DNA on the animals
Soybeans covered more ground across the Prairies this year, not only in Manitoba. In Saskatchewan, it's estimated acreage increased from
Rail service could be improved with increased government oversight, says the president of Keystone Agricultural Producers. The combinatio
High temperatures during harvest were conducive for grain going bad in the bin this fall. There have been some reports of elevators rejec
No major changes are needed to the crop variety registration system, according to Keystone Agricultural Producers. Ottawa is looking to s
The poor quality of China's wheat crop has silenced complaints from Chinese customers about the quality of Canadian wheat. Last year, som