The Canadian Pork Council (CPC) says it's joining a meat industry coalition that's calling for a re-think of the United Kingdom's joining of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Pork Council joins call for delay of U.K. ascension to trade deal
Britain has shown it's not interested in free, fair trade of agricultural products, group says
U.S. livestock: CME lean hogs firm; cattle futures mixed on technical resistance
Cattle market continued to feel pressure from winter weather in Midwest
Chicago Mercantile Exchange lean hog futures turned higher on Friday, bolstered by export sales that include China buying U.S. pork supplies for their open market, traders said.
U.S. livestock: Live cattle, nearby feeder cattle futures firm
Lean hog futures bounce back from early lows
Chicago Mercantile Exchange live cattle and nearby feeder cattle futures turned higher on Thursday, supported by weakness in the corn market Cv1 and anticipation that the cash market will continue to firm, traders said.
U.S. livestock: Cattle futures lower, hogs mixed on technical trading
Traders expect this week's prices in cash market to be higher than last week
Chicago Mercantile Exchange cattle futures turned lower on profit-taking on Wednesday, even as rising wholesale beef prices and a firming cash market continued to offer support to the market, traders said.
Klassen: Canadian feeder market jumps on USDA data
The U.S. cattle herd reached lowest head count since 1950s, trade anticipates heifer retention
For the week ending February 2, Western Canadian feeder cattle prices were up $6/cwt to $12/cwt from seven days earlier. Certain pockets of Western Canada had grass cattle trading $12/cwt to as much as $20/cwt above the previous week.
U.S. livestock: CME cattle futures turn lower on profit-taking
Lean hogs also turn lower after recent rally faced fundamental resistance
Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.
FCC projects profit loss in 2024
Hits expected on grain price, but economist ‘cautiously optimistic’ on interest rates and input costs
Reading Time: 7 minutes A prominent Canadian ag lender is projecting a 4.8 per cent decline in farm cash receipts in 2024, due in part to a softening market. Consequently, its leading economist is urging producers to find any way to save money. “In this environment, I do think that management skills are absolutely critical,” said J.P. Gervais, vice-president […] Read more
Total US cattle herd drops to lowest level since 1951 – USDA
Easing dryness could encourage ranchers to begin rebuilding beef herds
Chicago | Reuters - The total number of U.S. cattle fell to its lowest level since 1951 as of Jan. 1, in the herd's fifth consecutive year of decline, U.S. Department of Agriculture data showed on Wednesday.
U.S. livestock: CME cattle soar as cash markets firm
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures jumped on Thursday, buoyed by rising cash cattle prices and a government inventory report confirming that the total number of U.S. cattle fell to a 73-year low. CME April live cattle futures LCJ24 settled up 2.475 cents at 183.175 cents per pound, nearing Monday’s 2-1/2-month high of […] Read more
Updating cow-calf management benchmarks
Survey closes March 31
Reading Time: < 1 minute The Beef Cattle Research Council (BCRC) is asking cow-calf producers to share insight into their on-farm management practices and production methods. The 2023 Canadian Cow-Calf Survey is an online questionnaire that will collect data to help understand trends in production practices and efficiencies over time. Producers’ identities and information will remain anonymous and be held […] Read more