Chicago | Reuters — U.S. cattle and hog futures retreated on Tuesday in a profit-taking setback after three sessions of gains that were fueled by rising meat prices and concerns about meat shortages as several packing plants have closed due to coronavirus infections among workers. Benchmark June lean hog futures corrected after gaining nearly 18 […] Read more
U.S. livestock: Cattle, hogs slide after three days of gains
"The workers are spooked to come to work"
U.S. livestock: Cattle, hog futures inch up as plants reopen
Rising wholesale prices support futures
Chicago | Reuters — U.S. lean hog and live cattle futures closed higher on Monday, as meat processing facilities began to open after closures of more than 20 plants due to coronavirus illnesses among workers. Rising pork and beef cutout prices have also helped give futures a boost on Monday, said Mark Schultz, chief analyst […] Read more
U.S. livestock: Cattle, hog futures climb with wholesale meat prices
About 20 North American meat plants offline
Chicago | Reuters — U.S. live cattle futures closed higher on Friday after touching a three-week top, buoyed by firm cash cattle values and surging wholesale beef prices as labor shortages slow the U.S. slaughter pace, traders said. New-month buying by speculators may have also lent support, they said. Chicago Mercantile Exchange June live cattle […] Read more
U.S. livestock: Hogs climb on strong pork exports, wholesale prices
Packer margins, wholesale beef prices support live cattle futures
Chicago | Reuters — U.S. lean hog futures rose on Thursday as bullish weekly U.S. pork export data and rising wholesale prices overshadowed worries about a slowdown in the U.S. hog slaughter pace backing up hog supplies, traders said. “You’ve got a combination of export sales being strong (and) the wholesale market trading very firm […] Read more
Technique matters when administering oral products
There are several things to be aware of when using balling guns and oral techniques
Reading Time: 3 minutes The use of balling guns or administration of other oral products is increasing in the cattle business, including for NSAIDs (nonsteroidal anti-inflammatory drugs). In the old days, a few antibiotics such as long-acting sulfa drugs were given as oral tablets or there were big aspirin pills. These are both actually still available today but seldom […] Read more
U.S. livestock: Hogs mostly lower as packing-plant woes persist
Backlog concerns drag on cattle
Chicago | Reuters — U.S. lean hog futures closed mostly lower on Wednesday, setting back from a one-month high set a day earlier in the benchmark June contract as traders mulled the implications of a presidential order for U.S. meat packing plants to remain open, traders said. President Donald Trump on Tuesday ordered meat-processing plants […] Read more
Alberta’s cattle sector takes a direct hit from pandemic
Packing plant closures create a backlog that quickly affects the entire production chain
Reading Time: 4 minutes It’s going to be painful, but hopefully COVID-19 in packing plants won’t turn into a nightmare scenario, say the president of the Canadian Cattlemen’s Association and a leading food industry expert. Alberta’s two big facilities — Cargill’s High River plant and JBS’s Brooks plant — process nearly 75 per cent of the country’s beef. Combined, […] Read more
Cattle ranchers urged to lobby their MLAs for quick action
Reduced slaughter means cattle sector needs immediate changes to support programs, says ABP
Reading Time: < 1 minute Alberta Beef Producers is urging its members to write their MLA and ask that they strongly push for additional assistance for the cattle sector following the temporary shutdown of Cargill’s High River beef plant. A form letter prepared by the organization states that “with time, this closure will also impact Canadian’s access to beef and […] Read more
U.S. livestock: Hogs pare gains as Trump plans order to keep meat plants open
Cattle up with wholesale beef prices
Chicago | Reuters — U.S. lean hog futures hit a four-week peak on Tuesday on worries about tightening pork supplies as the coronavirus shutters meat processing plants, but the market pared gains on news that U.S. President Donald Trump plans to order such sites to stay open. June lean hog futures on the Chicago Mercantile […] Read more
Trump orders U.S. meat processing plants to stay open
Advocates call for protective equipment for plant workers
Washington/Chicago | Reuters — President Donald Trump on Tuesday ordered meat-processing plants to stay open to protect the food supply in the United States, despite concerns about coronavirus outbreaks, drawing a backlash from unions that said at-risk workers required more protection. With concerns about food shortages and supply chain disruptions, Trump issued an executive order […] Read more