Reuters — The number of cattle placed in U.S. feedlots in July dropped 7.0 per cent from a year ago as pricey calves deterred some feedlots from purchasing them for fattening, a government report showed on Friday. The U.S. Department of Agriculture report showed July placements at 1.560 million head, down 7.0 per cent from […] Read more
High-priced calves drop U.S. July cattle placements by 7 pct
U.S. livestock: CME hogs turn higher on short-covering
Chicago | Reuters — Chicago Mercantile Exchange hog contracts closed higher on Thursday on short-covering and futures’ discount to CME’s hog index at US109.25 cents. October and December ended 1.125 cents higher at 93.625 and 87.55 cents per pound, respectively (all figures US$). CME hogs had a relative strength index (RSI) of 15. A RSI […] Read more
U.S. livestock: CME hogs slide with cash, pork prices
Chicago | Reuters — Chicago Mercantile Exchange hog futures on Wednesday posted losses for a second straight day, pressured by eroding cash hog and wholesale prices. October ended down 2.325 cents at 92.5 cents per pound, and December at 86.425 cents, 2.2 lower (all figures US$). Wednesday afternoon’s average price of hogs in Iowa/Minnesota slumped […] Read more
U.S. livestock: Profit-taking undercuts CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, weighed down by profit-taking that pared morning gains and snapped the market’s three-day winning streak. August live cattle ended 1.1 cents per pound lower at 150.5, and October down 1.325 cents at 147.225 cents (all figures US$). CME live cattle spiked […] Read more
Alberta Pork optimistic despite Russia’s tit-for-tat sanctions
Numerous agricultural products are being shut out of Russia, but pork is most affected
Reading Time: 3 minutes Russia’s ban on Canadian pork will have some impact, but the executive director of Alberta Pork says the hope is that it will be more of “a big hiccup” than a severe blow. “We had the same problem with our ractopamine last year, where almost half of the pork that was shipped from Canada to […] Read more
Maple Leaf names ‘animal wellness’ chief
Canadian processing giant Maple Leaf Foods has gone to Ontario’s pork sector for the person to spearhead the setup of its “comprehensive animal wellness program.” The Toronto meat and processing company on Monday named Dr. Stephanie Cottee, a former provincial programs advisor with the Ontario provincial pork board, as its new “leader, animal wellness.” While at […] Read more
Tyson looks for other pork export markets after China ban
Chicago | Reuters — Tyson Foods plans to find other export markets for its pork products after a recent delivery to China triggered an export ban of half its U.S. hog slaughterhouses, the company told Reuters Friday. The U.S. Agriculture Department announced earlier this week that China was barring future pork imports from six U.S […] Read more
U.S. livestock: Short-covering extends CME live cattle gains
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher for a second straight session on Friday, with gains fuelled by short-covering following deep market losses earlier in the week, traders said. August live cattle ended 0.6 cent per pound higher at 150.6, and October was up 0.4 cent at 147.75 cents (all […] Read more
U.S. livestock: CME live cattle jump on short-covering
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed higher on Thursday on short-covering following recent heavy market losses, traders said. August live cattle ended 1.775 cents per pound higher at 150 cents, and October up 0.8 cent to 147.35 cents (all figures US$). CME live cattle chopped around during most of the […] Read more
Ex-CFIA doc pleads guilty over stray brucellosis
Canada’s first chance to prosecute a breach of its laws against traffic in dangerous pathogens has ended in a guilty plea from a previously well-regarded researcher over stray vials of brucellosis-causing bacteria. Dr. Klaus Nielsen, who had worked at the Canadian Food Inspection Agency’s Fallowfield lab southwest of Ottawa, was first arrested in October 2012 on […] Read more