Chicago | Reuters – U.S. live cattle futures closed higher on Thursday for a third straight day, buoyed by strong weekly beef export sales and signs of firming cash cattle prices, traders said. Chicago Mercantile Exchange (CME) August live cattle futures settled up 0.275 cent at 101.725 cents per pound while most-active October rose 0.700 […] Read more
U.S. livestock: Cattle futures close higher on strong export data
U.S. livestock: Live cattle futures close higher; lean hogs decline
Chicago | Reuters – U.S. live cattle futures closed higher on Wednesday for a second session on firm cash cattle prices and a softer dollar, traders said. Cash cattle traded in the Texas Panhandle and Kansas at $97 per cwt, mostly $1 higher than last week, the U.S. Department of Agriculture said in a daily note. A […] Read more
Argentina nears China hog deal it hopes could turbocharge local pork production
Buenos Aires | Beijing | Reuters – Argentina is nearing an initial agreement with China that could pave for the way for potential investments by the Asian giant in local pork production for export, Argentina’s undersecretary of trade and investment promotion told Reuters. That could eventually lead to Chinese-backed hog farms in the South American […] Read more
U.S. livestock: Live cattle futures firm on expectations of firm cash
Chicago | Reuters – U.S. live cattle futures rose on Tuesday, supported by expectations of higher prices this week in the cash market for slaughter-ready cattle, traders said. “Cash could be steady to $1 to $2 (per cwt) better this week. Some of the show lists are smaller than last week, and that has (led […] Read more
U.S. livestock: Live cattle futures retreat on supply concerns
Chicago | Reuters – U.S. live cattle futures opened firm on Monday but retreated from session highs on technical selling and lingering concerns about cattle supply backups in the wake of recent packing plant closures due to coronavirus infections among workers. Prices climbed at Monday’s open in reaction to Friday’s U.S. Department of Agriculture (USDA) cattle on […] Read more
G4 swine flu virus not new, China says
Ag ministry says virus does not infect or sicken humans, animals easily
Shanghai/Beijing | Reuters — China’s ministry of agriculture and rural affairs said Saturday that the so-called “G4” strain of swine flu virus is not new and does not infect or sicken humans and animals easily, rebuffing a study published last week. That study, by a team of Chinese scientists and published by the U.S. journal […] Read more
Pork is profitable, but pigs are a money-loser in Alberta
Summer is when hog producers make their money — but this year, they’re losing big time, say officials
Reading Time: 6 minutes It’s an everyday act — but one that shows why hog producers in this province are getting near the end of their rope. An Alberta producer recently delivered 200 pigs to a packing plant and got paid $4,000 less than it cost to raise those animals. And then he had to disinfect his truck at […] Read more
Chinese researchers warn of new virus in pigs with human pandemic risk
Shanghai | Reuters — A new flu virus found in Chinese pigs has become more infectious to humans and needs to be watched closely in case it becomes a potential “pandemic virus,” a study said, although experts said there is no imminent threat. A team of Chinese researchers looked at influenza viruses found in pigs […] Read more
Animal welfare activist dies outside Ontario pork plant
Protestor reportedly hit by transport truck
An animal welfare activist has died while attending what’s been described as a “vigil” outside a southern Ontario hog packing plant, as new provincial limits on such activity around livestock are set to take effect. Halton Regional Police Service reported receiving a call Friday morning that a person had been “struck by a transport truck” […] Read more
Hog sector hit hard by pandemic
Market weakness seen likely to push some farmers out of business
MarketsFarm — COVID-19 has hit the hog sector hard, with the double-edged sword of large supplies and reduced demand weighing heavily on the market. “The prospect of profitability at current forward prices and at current cash prices is nil… and there’s really no prospect of making anything this year,” said Tyler Fulton, director of risk […] Read more
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