Canadian Cattle Cycles and Market Shocks

Twine, Edgar E.; Rude, James; Unterschultz, James R.

doi:10.1111/cjag.12066

Cited by 4 publications

(6 citation statements)

References 38 publications

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“…Similar seasonality has been previously documented in Eastern Canada's auction markets (Renaud et al, 2017). The observed seasonality could reflect variability in weather and its influence on calf performance, but could also relate to fluctuation in feed price, calf inventory, and other market variation, as noted in the beef industry (Twine et al, 2016). Wide variation in calf quality and price was also observed at other auctions.…”

Section: Short Communicationsupporting

confidence: 78%

Short communication: Condition of male dairy calves at auction markets

Wilson

Stojkov

Renaud

et al. 2020

Journal of Dairy Science

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Male dairy calves in North America are frequently marketed through live auctions. Calves have been observed in suboptimal condition both at auctions and upon arrival at calf-rearing facilities that supply the veal or dairy-beef industries. The objectives of this study were to describe the health of male dairy calves at a commercial auction in British Columbia, Canada, examine the relationships between calf price and condition, and use price data from other auctions to reflect more broadly on the variability in calf condition at auction markets. Price and breed were recorded for 1,624 male calves, and a sample of 355 calves was assessed using a standardized health exam and body weight estimation. Linear regression was used to assess which calf characteristics were associated with price. Prices for young dairy calves at auctions in 2 other provinces (Nova Scotia and Quebec) were compiled for comparison. Twenty percent of calves had at least one health abnormality; the most common was navel disease (12%), followed by ocular or nasal discharge (4%), a depressed (dull, unable, or unwilling to rise) attitude (2%), coughing (2%), and joint inflammation (1%). The mean (±SD) estimated body weight was 47 ± 8 kg with a range of 27 to 82 kg. Calves were sold for up to Can$370

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Section: Short Communicationsupporting

confidence: 78%

Short communication: Condition of male dairy calves at auction markets

Wilson

Stojkov

Renaud

et al. 2020

Journal of Dairy Science

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“…The most recent contributions to the analysis of pork and cattle price cycles have been authored by Berg and Huffaker (2015) and Twine et al (2016), respectively. Berg and Huffaker (2015) identify two important causal factors of price cycles using a diagnostic modelling approach based on non-linear time series analysis.…”

Section: Current Empirical Evidencementioning

confidence: 99%

“…The second factor is the liquidity-driven investment behaviour of farmers in Germany, who have been found to have strong preferences for financial consolidation after having made a large investment before they decide to make another one. Twine et al (2016) found a ten-year price cycle of slaughtered steers using a spectral decomposition.…”

Section: Current Empirical Evidencementioning

confidence: 99%

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Cycles in cattle and hog prices in South America

Fliessbach

Ihle

2020

Aus J Agri & Res Econ

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Prices of agricultural products often vary in relatively stable patterns around their long-run trends. These variations translate into fluctuations of selling prices as well as farm revenues. We provide an overview of the current literature on agricultural price cycles. Using a transparent and reproducible model selection process and the Kalman filter, we select optimal models and estimate the cyclic patterns of hog and cattle prices for Brazil, Chile and Uruguay. Durations of those cycles are found to be about three years and seven years, respectively. These durations are in line with the literature and the biological characteristics of livestock production. Our results can inform producers forecasts on price developments in the short and medium run. They are useful for guiding policy makers on the timing of policy interventions for influencing the duration or the amplitudes of cycles.

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“…Livestock price is one of the factors that will drive the decision whether or not to apply N fertilizer on pastures. Cattle price cycles have significant implications for decision makers involved in cattle production systems (Twine et al, 2016). Low cattle price, combined with high N fertilizer cost, might reduce the ability of livestock producers to apply N fertilizers on their pastures, potentially reducing pasture productivity.…”

mentioning

confidence: 99%

Biological N₂ Fixation, Belowground Responses, and Forage Potential of Rhizoma Peanut Cultivars

et al. 2017

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Grasslands in warm‐climate regions are often based on grass monocultures, increasing their dependence on N fertilizers. Integrating perennial legumes into grass pastures is a logical option. The objective of this 2‐yr study was to assess seven rhizoma peanut (Arachis glabrata Benth) cultivars: Arbrook, Arblick, Ecoturf, Florigraze, Latitude 34, UF Peace, and UF Tito. Above‐ and belowground responses included biomass, in vitro organic matter disappearance (IVOMD), N concentration, N content, δ15N, proportion of N derived from atmosphere (%Ndfa), and biological N2 fixation (BNF). Arbrook was more productive than Florigraze in both years (P ≤ 0.05) but produced similar biomass to other varieties in 2014. In 2015, Arbrook also was more productive than Arblick and Latitude 34. Herbage N concentration ranged from 19.2 to 36.3 g kg−1. Arbrook tended to be less digestible than other rhizoma peanut cultivars. The BNF represented >80% of herbage N and averaged 200 kg N ha−1 yr−1, with values ranging from 123 to 280 kg N ha−1 yr−1. Root and rhizome biomass varied among cultivars, with Ecoturf (26.9 Mg organic matter [OM] ha−1) and Latitude 34 (27.8 Mg OM ha−1) presenting greater root and rhizome mass than Florigraze (10.5 Mg OM ha−1) but similar to other varieties. Roots and rhizomes represented a significant portion of the total biomass and N pool, and further studies are needed to assess turnover of these tissues as well as their N contribution in grazing systems using grass–rhizoma peanut mixtures.

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Canadian Cattle Cycles and Market Shocks

Cited by 4 publications

References 38 publications

Short communication: Condition of male dairy calves at auction markets

Short communication: Condition of male dairy calves at auction markets

Cycles in cattle and hog prices in South America

Biological N₂ Fixation, Belowground Responses, and Forage Potential of Rhizoma Peanut Cultivars

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Canadian Cattle Cycles and Market Shocks

Cited by 4 publications

References 38 publications

Short communication: Condition of male dairy calves at auction markets

Short communication: Condition of male dairy calves at auction markets

Cycles in cattle and hog prices in South America

Biological N2 Fixation, Belowground Responses, and Forage Potential of Rhizoma Peanut Cultivars

Contact Info

Product

Resources

About

Biological N₂ Fixation, Belowground Responses, and Forage Potential of Rhizoma Peanut Cultivars