Livestock
Chicago cattle futures fell sharply on Friday after U.S. President Donald Trump said his administration was working to lower the cost of beef. “We are working on beef, and I think we have a deal on beef,” Trump told reporters at the White House on Thursday. “No specifics were released on any plan, though the market is taking a […] Read more
U.S. livestock: Cattle fall sharply as Trump says he’s working to lower beef costs
France bans cattle exports, bullfighting as lumpy skin virus spreads
France imposed a ban on cattle exports and events such as bullfighting, the agriculture ministry said on Friday as it tries to contain the highly contagious lumpy skin disease sweeping through farms in the country for the first time.
U.S. livestock: Cattle at fresh highs, hogs weaken
Cattle futures on the Chicago Mercantile Exchange climbed to fresh highs on Tuesday, as tight supplies and the ongoing closure of the U.S./Mexican border to cattle from Mexico kept values well supported. The December live cattle contract gained 1.750 cents per pound at 246.500 cents. Chart-based positioning contributed to the gains, according to participants, with […] Read more
Klassen: Cash feeder market divorces from futures market
For the week ending October 11, Western Canadian yearling markets traded $8/cwt higher to $5/cwt lower compared to seven days earlier. Calf prices experienced a week-over-week decline of $3-$8/cwt on average. Feather-light calves under 450 pounds were steady to $10 higher on average. The Canadian cash feeder market appeared to divorce from the feeder cattle […] Read more
Canada’s slaughter horse industry lacks transparency
Slaughter for horses has a role, but traceability and humane handling must be in play
Reading Time: 3 minutes Horse slaughter is a fraught issue right now in the Canadian livestock sphere. The author writes that, while it has a role, traceability, transparency and humane handling must be in play.
Ample supplies and improved livestock sector to boost Canadian feed sector: FCC
Abundant feed grain supplies and improved profitability for the livestock sector should support strong feed demand and sales through the winter, says a new report from Farm Credit Canada.
Nestle quits global alliance on reducing dairy methane emissions
Food group Nestle said on Wednesday it had withdrawn from a global alliance for cutting methane emissions that aims to reduce the impact of dairy farming on global warming.
Tyson, Cargill to pay $88 million to consumers in U.S. beef price-fixing lawsuit
Tyson Foods and Cargill have agreed to pay a combined $87.5 million (C$122.1 million) to settle a federal lawsuit brought by consumers who accused the companies of conspiring to inflate U.S. beef prices by restricting supply.
Klassen: Highs in place for the feeder market
For the week ending October 4, Western Canadian grass yearling markets traded steady to $5-$8/cwt lower on average compared to seven days earlier. Backgrounded yearlings were down $5-$12/cwt. Calf markets were down $5 to $10/cwt from a week earlier. There was an influx of calves over the past week which resulted in the softer tone […] Read more
U.S. livestock: Cattle futures spike, hogs mixed
Chicago cattle futures closed sharply up on Monday while lean hog futures were mixed. “Two large trades were seen at two different levels in the feeder cattle market, suggesting this may have been a short covering rally,” wrote analyst Christopher B. Swift. Most-active November feeders closed at 360.800 cents a pound, up 5.375 cents. January […] Read more
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